1
Trump Immigration Plan Emphasizes Immigrants’ Skills Over Family Ties
The plan, to be unveiled Thursday, will significantly scale back
family-based immigration and increase the educational and skills
requirements to move to the United States.
Comodity skills.
2
White House Again Rejects Democrats’ Requests for Documents in Corruption Inquiry
The letter from the White House counsel, Pat Cipollone, argues that
Congress was not a law enforcement body and doesn’t have the standing to
investigate the president.
A rubber stamp.
3
Deaths of Despair Soar In the UK
But hey, who can imagine why so many Britons were so angry at the status
quo that they decided to chance Brexit. Deaths of despair – suicide,
alcohol abuse and drug overdoses – have now overtaken heart disease as the
second biggest killer of middle aged people in the UK. Shocking revelation
from Sir Angus […]
Ian Welsh hurts.
4
Leading Index for Commercial Real Estate Declines in April
From Dodge Data Analytics: Dodge Momentum Index Dips in April
*The Dodge Momentum Index fell 0.5% in April* to 144.3 (2000=100) from the
revised March reading of 145.1. The Momentum Index, issued by Dodge Data &
Analytics, is a monthly measure of the first (or initial) report for
nonresidential building projects in planning, which have been shown to lead
construction spending for nonresidential buildings by a full year. The
retreat in April was the result of the commercial component falling 1.0%
while the institutional component rose a scant 0.2%.
The Momentum Index has clearly lost... more »
Just a little.
5
Alabama Aims Squarely at Roe, but the Supreme Court May Prefer Glancing Blows
The court’s conservative majority may prefer to chip away at abortion
rights rather than overrule Roe outright.
Adam Liptak trying to read minds.
No one is good at it.
6
Joe Biden, Campaigning in New Hampshire, Straddles Past and Present
Mr. Biden’s warm, unhurried, feel-your-pain approach to campaigning
frequently delighted potential voters. But his style and remarks also ran
the risk of appearing dated.
Compromie is not possible with the Republican party.
7
Trump Administration Balks at Global Pact to Crack Down on Online Extremism
Citing American’s free speech protections, the administration said it would
not endorse the ‘Christchurch Call,’ which urges major online platforms to
eradicate violent and extremist content.
Online extremism is the failure of curriculum.
Fix the problem; not the symptom.
8
F.A.A. Chief Defends Boeing Certification Process at House Hearing
Daniel Elwell said the process by which Boeing employees inspected their
own aircraft, including the now-grounded Boeing 737 Max airplane, was “a
good system.”
Denial.
9
U.S., Mexico and Canada Near Deal on Metal Tariffs, Mnuchin Says
A potential thaw in trade relations comes as tension between the United
States and China grows.
Mnuchin has a record of lying.
10
Retail Sales decreased 0.2% in April
On a monthly basis, retail sales decreased 0.2 percent from March to April
(seasonally adjusted), and sales were up 3.1 percent from April 2018.
From the Census Bureau report:
Advance estimates of U.S. retail and food services sales for April 2019,
adjusted for seasonal variation and holiday and trading-day differences,
but not for price changes, were $513.4 billion, a decrease of 0.2 percent
from the previous month, but 3.1 percent above April 2018. Total sales for
the February 2019 through April 2019 period were up 3.0 percent from the
same period a year ago. The February 2019 to ... more »
Slipping
11
U.S. Births decreased in 2018, "Lowest number of births in 32 years"
From the National Center for Health Statistics: Births: Provisional Data
for 2018. The NCHS reports:
The provisional number of births for the United States in 2018 was
3,788,235, down 2% from 2017 and the lowest number of births in 32 years.
The general fertility rate was 59.0 births per 1,000 women aged 15–44, down
2% from 2017 and another record low for the United States. The total
fertility rate declined 2% to 1,728.0 births per 1,000 women in 2018,
another record low for the nation. Birth rates declined for nearly all age
groups of women under 35, but rose for women in their lat... more »
Children are more of a burden.
12
2020 Democrats Condemn Alabama Abortion Bill: ‘This Is a War on Women’
Democratic presidential candidates vowed to challenge the bill, which is
the most far-reaching effort in the nation this year to curb abortion
rights.
Yes.
13
NAHB: "Builder Confidence Posts Solid Gain in May"
The National Association of Home Builders (NAHB) reported the housing
market index (HMI) was at 66 in May, up from 63 in April. Any number above
50 indicates that more builders view sales conditions as good than poor.
From NAHB: Builder Confidence Posts Solid Gain in May
*Builder confidence in the market for newly-built single-family homes rose
three points to 66 in May*, according to the latest National Association of
Home Builders/Wells Fargo Housing Market Index (HMI) released today.
Builder sentiment is at its highest level since October 2018.
“Builders are busy catching up afte... more »
The trend is downward.
14
Industrial Production Decreased 0.5% in April
From the Fed: Industrial Production and Capacity Utilization
*Industrial production fell 0.5 percent in April*, and the rates of change
for previous months were revised down on net. *Output is now reported to
have declined 1.9 percent at an annual rate in the first quarter*.
Manufacturing production moved down 0.5 percent in April after being
unchanged in March. The index for mining advanced 1.6 percent in April,
while the index for utilities fell 3.5 percent. At 109.2 percent of its
2012 average, total industrial production was 0.9 percent higher in April
than it was a year earlier... more »
Slipping.
15
NY Fed: Manufacturing "Business activity picked up significantly in New York State"
From the NY Fed: Empire State Manufacturing Survey
Business activity picked up significantly in New York State, according to
firms responding to the May 2019 Empire State Manufacturing Survey. *The
headline general business conditions index climbed eight points to 17.8,
its highest level in six months*. New orders and shipments also grew at a
faster pace than in recent months. Delivery times held steady, and
inventories moved slightly lower. Labor market indicators pointed to small
increases in employment and hours worked.
*The index for number of employees fell seven points to 4.... more »
Much of the business is debt.
16
Greek Anarchists Vandalize U.S. Ambassador’s Home
An anarchist group called Rouvikonas claimed responsibility, saying it was
acting in solidarity with an imprisoned hit man for a now-defunct terrorist
group.
The anarchists need a target.
Germany would be a better one.
17
MBA: Mortgage Applications Decreased in Latest Weekly Survey
From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 0.6 percent from one week earlier,
according to data from the Mortgage Bankers Association’s (MBA) Weekly
Mortgage Applications Survey for the week ending May 10, 2019.
... The Refinance Index decreased 1 percent from the previous week. *The
seasonally adjusted Purchase Index decreased 1 percent from one week
earlier*. The unadjusted Purchase Index decreased 1 percent compared with
the previous week and was *7 percent higher than the same week one year ago*
.
...
“Purchase applica... more »
Slipping.
18
6 Things That Calendars From the Special Counsel’s Office Tell Us
The Mueller team got to work quickly, newly disclosed calendars show. But
prosecutors made time for cake, too.
They do not tell enough.
19
A Keystone-Like Pipeline Opens Fierce Battle Over New York’s ‘Energy Future’
The Cuomo administration must decide before Thursday whether to approve a
new natural gas pipeline that environmentalists say would harm the area’s
waters.
wait for the science.
20
White House Memo: High Season at Mar-a-Lago Is Over, but Concern Over Security Lingers
Episodes at the club this winter produced more evidence of what
intelligence experts regard as President Trump’s lax attitude toward
security.
There is no news in this.
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