What will the jobs report say

This is the number of jobs, not seasonally adjusted.  For February, this pattern shows a seasonal upturn in jobs.  Hence we expect the seasonally adjusted number to be less, it averages out the pattern.  So watch this graph, after the report tomorrow.  If the seasonal pattern holds, we are recession free for the first quarter.

Romney quotes Reagan - A shiny city on a hill

How did Reagan do on central planning?

Reagan started with federal spending at 21% of GDP and he never really lowered it, he did spend a shit load in between. That is about where Obama has it now.

Who drove federal spending up to 26% of GDP? Why that is mostly lil Bush.

Bubba Clinton drove it down to 19% of GDP, and had the economy humming along.

Hence we conclude, Trump is no worse a Communist than Reagan or Bush.

The road to serfdom

We have become a slave economy.  HT Zero Hedge, the chart is from Bawerk.

What happened to productivity?  Federal bailouts at each recession since Reagan.  Each  recession the Swamp bails out some favored group, the principal is never recovered so the interest payment accumulate.

Initial claims, unadjusted

The raw numbers.
What do we notice?  The blue bars, the recessions are almost over by the time claims reaches its peak.

Unemployment claims are a lagging predictor of blue bars.

Teach your children that racism is fine and dandy

OK, Chelsea, did your mom tell you that some races matter more than others?  Where is the Chinese lives matter sign?   Or do we assume that the entire Clinton clan are racist?

Once a Commie Rat, always a Commie Rat

Bloomberg: China’s credit-rating outlook was lowered to negative from stable at Moody’s Investors Service, which highlighted the country’s surging debt burden and questioned the government’s ability to enact reforms just days before leaders gather to approve a five-year road map for the economy.

The government’s   financial strength may come under pressure if it takes on liabilities from troubled state-owned companies, while capital outflows have limited policy makers’ scope to stimulate the weakest economy in a quarter century, the ratings company said in a statement on Wednesday. State intervention in equity and foreign-exchange markets has heightened uncertainty about the leadership’s commitment to reform, Moody’s said.

Trump needs to kick Mitt Romney out of the party

WASHINGTON, D.C. (AP) -- Republican presidential front-runner Donald Trump continues to demonstrate a wide base of support, riding record turnouts to seven victories out of the 11 states where Republicans cast Super Tuesday ballots.

Exit polls conducted for the Associated Press and other media across nine of the states showed Trump drawing significant support across educational, ideological, age and income classifications. Perhaps most important for Trump: Even among voting groups where he was weakest, he maintained enough strength to deny Sens. Ted Cruz and Marco Rubio any chance of catching him.

It was a repeat of the billionaire businessman's performance in February, when he won three of the first four nominating contest. On Tuesday, he added states as disparate as Vermont, Virginia and Alabama to his win column.

With this kind of support, Trump should clear the deck of the welfare bums like Romney. 

Republican welfare bums want their nanny back

Growing Number Of GOP Politicians Refuse To Back Donald Trump In The General Election

WASHINGTON -- Massachusetts Gov. Charlie Baker (R) said Wednesday that he won't vote for Donald Trump, even if he becomes his party's presidential nominee. 

"I’m not going to vote for him in November," Baker told reporters, according to the Boston Globe, noting that he also didn't vote for Trump in the state's Super Tuesday primaries. Trump still easily won Massachusetts, capturing nearly half of the vote. 

Baker is the latest in a growing list of Republican officials who say they won't back Trump in the general election, which could cause problems for a party looking to unify and defeat the Democrats. 

Well, all these Republican welfare bums can go sit at Hillary's knee  and get their dose of bedtime stories. I have a clue for the Republican Communist Party. Throw your support to Trump, and he loses because the American voter does not like welfare bums.

Martin Wolf sells horse manure

Donald Trump embodies how great republics meet their end

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/2/743d91b8-df8d-11e5-b67f-a61732c1d025.html#ixzz41ndoTNalW

hat is one to make of the rise of Donald Trump? It is natural to think of comparisons with populist demagogues past and present. It is natural, too, to ask why the Republican party might choose a narcissistic bully as its candidate for president. But this is not just about a party, but about a great country. The US is the greatest republic since Rome, the bastion of democracy, the guarantor of the liberal global order. It would be a global disaster if Mr Trump were to become president. Even if he fails, he has rendered the unthinkable sayable.

Complete BS.  The republic is failing because Detroit and Chicago are bankrupt and we need mass migration out of those states.  The republic is failing because every time we have a hick up in growth, California pension becomes unsustainable and it takes us four years to correct the mess.  The republic is failing because neither Texas nor California have a fair Senate representation.  Add in the middle class taxes from Obamacare, and the American consumer is dead.  All of these problems derive from the bonehead  Magic Walrus assumptions, of which Wolf is a leading proponent.

Is this true?

NYT: Hillary Clinton set out 10 months ago to inspire and energize theDemocratic Party, hoping to bring together the rising American electorate of black, brown, young and female voters into a durable presidential coalition. But buried beneath Mrs. Clinton’s wide-ranging and commanding victories on Tuesday night were troubling signs of a party that has not yet rallied to her call.

This NYT op ed accuses Hillary of unconstitutional racism.   This is absolute racism, sexism and favoritism.  Voters will not elect a racist dingbat, neither green, brown or purple people.

Así que, dime, son hispanos esta estúpida que tienen que ser acorralado en el voto por proxenetismo racial. Hillary hispanos está afirmando son unos completos idiotas, que necesitan la magia de la mujer para guiarlos a través de las complejidades de la vida.