Section 2 Extra Credit Sources for Fall 2022

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Module 4 Extra Credit Posts for Fall 2025

November 3rd Update for 11/12:  News reports are that the House will vote on re-opening the federal government around 7 pm eastern time. It is expected to pass, and Trump has indicated he will sign it. Note that this continues the problematic payments to health insurers through the end of January. That gives them about 11 weeks to sort out their differences. Update for 11/11:  The Senate voted 60-40 to end the shutdown late on Monday evening. The bill they voted on now goes to the House. Many of the Representatives are still out of town (being around your district at election time to make appearances with candidates for other offices), but they are expected to vote by the end of the week. No guarantee it will pass, but that vote only needs to be a majority rather than a supermajority. As explained in other parts below, they can fund some or all of the government. They funded parts of the government through the end of the fiscal year, and the rest of it through January 30th. Ye...
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Module 3 Extra Credit Posts for Fall 2025

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October 27 I was hugely amused by this editorial entitled " Getting Used to 3% Inflation " from  The Wall Street Journal . I didn't see it until this weekend (and it may have actually been published before class on Friday). But it says essentially the same things that I did about Friday's inflation numbers.   Is “three” the new “two?” ...  No one in Washington seems bothered that this remains well above the Federal Reserve’s 2% inflation target. ... The White House press office hailed this as an anti-inflation triumph. There’s always some excuse or explanation that politicians and Wall Street offer to say this is no big deal. ...  But at some point you have to admit all these add up to a persistent inflation problem. ...  ... It’s obvious now that Chairman   Jerome Powell ’s declaration of mission-accomplished in September 2024 was premature when he began the Fed’s interest-rate cuts this cycle. ...  ... Yet the Fed seems poised for another 25-bas...
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Module 2 Extra Credit Posts for Fall 2025

October 8 There is no news about inflation, but it's worthwhile to start showing you some numbers early in the semester. First, there are two things to differentiate: a price index and an inflation rate. There are lots of price indexes. An inflation rate is the rate of change of a particular price index. We can get information on a price index like the CPI by using the keywords "FRED CPI". We can get information on the inflation rate (according to the CPI) with the keywords "FRED CPI inflation". October 6 The discussion on the 3rd got cut off by a student announcement. We're going to navigate to the same page, but continue down the drop-down list a bit. We continued with the page entitled "Civilian Unemployment Rate" that we got from Google using the keywords below. This time we played around with graphs showing you what the characteristics of the unemployed actually are. So, you use the drop down menu to select "Reasons for Unemployment"...
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