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Unemployment claims, employment, shipping costs, oil prices

Down a bit since Federal benefits expired. This materially cuts gov. spending: A lot worse than expected. They thought the end of Federal benefits would send people back to work. However, a cut in Federal spending cools down aggregate demand: Transitory comes to mind: Saudis and Russians are working together to set price. What could […] The post Unemployment claims, employment, shipping costs, oil prices appeared first on Mosler Economics / Modern Monetary Theory .

Down a bit since Federal benefits expired. This materially cuts gov. spending:

A lot worse than expected. They thought the end of Federal benefits would send people back to work.
However, a cut in Federal spending cools down aggregate demand:


Transitory comes to mind:

Saudis and Russians are working together to set price. What could go wrong???
:(

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The post Unemployment claims, employment, shipping costs, oil prices appeared first on Mosler Economics / Modern Monetary Theory.

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