Warm Southern Breeze

"… there is no such thing as nothing."

Posts Tagged ‘analysis’

American Poverty: Where is it, and what does it look like? Is it even what we think it is?

Posted by Warm Southern Breeze on Friday, May 12, 2017

You’ve likely seen a meme floating around referencing how America’s Most Poverty Stricken counties voted Republican.

Yes?

I decided to research the matter to see:
1.) If it was true, and;
2.) Exactly what else I’d find.

While my analysis isn’t fully complete, there are already some early fascinating findings.

Breaking down Poverty into two categories – Per Capita Income (PCI) and Median Household Income (MHI) – has shown “the usual suspects,” but exposed some not-so-usual ones, as well.

For example, we often hear that West Virginia is a very High Poverty state, along with Alabama, Arkansas, Mississippi, Louisiana, Kentucky, and Tennessee. Data from the United States Census Bureau (USCB) backs up those claims… yet only to a limited extent.

But, “pockets” of poverty may exist in an otherwise not-so-poor state (and they do), and a state may have a high number of Read the rest of this entry »

Posted in - Lost In Space: TOTALLY Discombobulated, - My Hometown is the sweetest place I know, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: , , , , , , , , , , , , | Leave a Comment »

Thinking about @POTUS @realDonaldTrump? Me too.

Posted by Warm Southern Breeze on Tuesday, January 31, 2017

Recently, President Trump was criticized – and sued in Federal Court – over one of his first Executive Orders in the first days of his office.

More specifically, it was his Executive Order No. 13767, signed January 25, 2017, and published January 30, 2017, entitled as “BORDER SECURITY AND IMMIGRATION ENFORCEMENT IMPROVEMENTS” which has caused a justifiable stir.
–––

Search the historical record of Executive Orders:
https://www.archives.gov/federal-register/executive-orders/disposition.html

–––
Some are all up in arms, again, justifiably so, not merely because of the mass confusion which it has created. In essence, what many have complained about is that many Permanent Resident Aliens (so-called “Green Card” holders) would have been denied re-entry into our United States for a period of 90 days if they were a citizen of, or have visited one of 7 so-called “nations of concern”: Iraq, Syria, Iran, Libya, Somalia, Sudan and Yemen.

It should be remembered, however, that the so-called 7 “nations of concern” first began during the Obama administration.

In December 2015, President Obama signed H.R.158, the Read the rest of this entry »

Posted in - Did they REALLY say that?, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

Analysis: Alabama Unemployment Higher Than Stated

Posted by Warm Southern Breeze on Sunday, October 26, 2014

Bentley UR Tweet 10-17-14

Alabama Governor Bentley claims he, and his policies – whatever they are (he has none… just look for your self) – have been responsible for declining Alabama Unemployment. Fact is, he’s blowing smoke.

Bentley UR Tweet Claim 10-17-14

Alabama Governor Bentley claims he, and his policies – whatever they are (he has none… just look for your self) – have been responsible for declining Alabama Unemployment. Fact is, he’s blowing smoke.

Alabama’s Republican Governor Robert Bentley, MD has crowed about “success” in lowering Alabama unemployment during the past 4 years of his term.

However, to be certain, a random statistical examination of the state’s Unemployment rate shows that it is very likely, AT LEAST two points higher than reported.  Here’s how.

Unemployment is calculated as a simple average. Take the number of people working, added into the number of people NOT working, AND who WANT to work, divided by the people who are available to work, gives the unemployment rate.

Here’s how the Bureau of  Labor Statistics defines the parameters of the equation:

What are the basic concepts of employment and unemployment?

The basic concepts involved in identifying the employed and unemployed are quite simple:
• People with jobs are employed.
• People who are jobless, looking for a job, and available for work are unemployed.
• The labor force is made up of the employed and the unemployed.
• People who are neither employed nor unemployed are not in the labor force.

Simply put, the formula is:

Unemployment Rate = Unemployed


Employed + Unemployed

 

However, if you’ve had a college course in Statistics – and most folks in Alabama have not (it’s part of maintaining the policy of “largely poor, uneducated, and easy to command”) – then you’d understand that a random sample of the set would show essentially the same results.

And face it… most folks in Alabama DO NOT HAVE A COLLEGE EDUCATION. In fact, according to the Alabama Department of Education, Alabama’s High School Drop Out rate is 28%. Page 2, Frame 2 of the linked document shows the 2010-2011 TOTAL Graduation Rate as 72%.

Face it… ALABAMA IS

Read the rest of this entry »

Posted in - Lost In Space: TOTALLY Discombobulated, - My Hometown is the sweetest place I know, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments »

Analysis – Examining the Record: Is Alabama Governor Bentley a “Jobs Creator” or a Drag on the State Economy?

Posted by Warm Southern Breeze on Saturday, April 12, 2014

When campaigning for the office of Alabama’s Governor, Robert Bentley – a retired dermatologist physician who at the time was an elected representative from Tuscaloosa County – promised if elected governor that, “I will forgo a salary as state representative for the rest of my term and will not accept a salary as Governor until Alabama reaches full employment.”
ref: http://blog.al.com/spotnews/2010/06/robert_bentley_extends_no-sala.html

When pressed on the matter, he later defined “full employment” as having state unemployment somewhere around 5%. It is a promise to which, as of the date of this entry – 12 April 2014 – he has kept. In other words, Alabama has NOT reached “full employment,” and he has not been paid a salary. He has, however, been compensated for out-of-pocket expenses (the governor’s office has a budget, so why would he personally have any such expenses for work in an official capacity?), though he has received – as legislator, a legally-mandated $1.00 per month salary. Since his election to the governorship, he has not received a salary.

Let’s examine Governor Bentley‘s employment record.

During Governor Robert Bentley’s watch, International Paper – the large paper mill formerly known as Champion Paper, in Courtland, and the largest employer in Lawrence County – closed and cost the area economy & state 1100 jobs. Those jobs were Read the rest of this entry »

Posted in - Business... None of yours, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment »

Global Educational Attainment, 1950-2010

Posted by Warm Southern Breeze on Sunday, August 4, 2013

Educational attainment in the world, 1950–2010

Robert Barro, Jong-Wha Lee, 18 May 2010

Empirical investigations of the role of human capital require accurate measures across countries and over time. This column describes a new dataset on educational attainment for 146 countries at 5-year intervals from 1950 to 2010. The new data, freely available online, use more information and better methodology than existing datasets. Among the many new results is that the rate of return to an additional year of schooling on output is quite high – ranging from 5% to 12%.

It is widely accepted that human capital, particularly attained through education, is crucial to economic progress. An increase in the number of well-educated people implies a higher level of labour productivity and a greater ability to absorb advanced technology from developed countries (Acemoglu 2009). Empirical investigations of the role of human capital require accurate and internationally-comparable measures of human capital across countries and over time.

Our earlier studies (1993, 1996, and 2001) constructed measures of educational attainment of the adult population for a broad group of countries. This column introduces a new data set (available at barrolee.com) providing improved estimates for 146 countries at 5-year intervals from 1950 to 2010. The data are Read the rest of this entry »

Posted in - Even MORE Uncategorized!, - Read 'em and weep: The Daily News | Tagged: , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

Alabama residents overcharged for electricity by Alabama Power

Posted by Warm Southern Breeze on Sunday, January 20, 2013

Despite cheaper production costs, Alabama Power bills higher than Georgia Power

By Ben Raines | braines@al.com
January 20, 2013 at 6:11 AM, updated January 20, 2013 at 8:41 AM

Though it costs less to produce power in Alabama, the state’s residents and businesses pay more for electricity than customers in neighboring Georgia.

The price difference is substantial, according to an AL.com analysis of the annual reports of Alabama Power and Georgia Power, sister companies owned by Southern Co.

Between 2006 and 2011, Alabama Power produced the electricity sold to residential and commercial customers for $1.1 billion less than Georgia Power would have spent to make the same amount of electricity.

But despite that savings, Alabama Power charged its residential and commercial customers $1.5 billion more for electricity than Georgia Power would have charged during the six-year period.

2006 2007 2008 2009 2010 2011 Grand total
Difference in Alabama’s higher rates versus Georgia Power rates for commercial and residential $181 million $279 million $330 million $316 million $377 million $33 million $1,517,725,500

Alabama Power executives said that it was Read the rest of this entry »

Posted in - Business... None of yours, - Did they REALLY say that?, - My Hometown is the sweetest place I know | Tagged: , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

Big Business Profit Model Harms Long Term Profitability

Posted by Warm Southern Breeze on Wednesday, December 26, 2012

Perhaps the most telling rationale, or motivation for the course upon which corporations have set is explained in this statement by ANDREW SMITHERS: Yes, the current way in which managements are rewarded is perverse from an economic viewpoint. Adam Smith pointed out that some characteristics of human beings such as greed, which are often unpleasant at a personal level, can nonetheless bring social benefits. But this is not necessarily the case under current remuneration systems; greed is increasingly the cause of harm rather than help to the economy.

The long and short of it, is greed. And in that paragraph is the solitary mention of the word or practice.

Philosophically, this time, this period in our nation’s history – and in the history of the world, and in the greater, long term picture of humanity – is yet another prime example, and case in point illustrating why and how the selfishness of greed is unsustainable and genuinely evil.

Capital Wins, Labor Loses, But Andrew Smithers Says It Can’t Go On

MAKING SENSE — December 26, 2012 at 4:48 PM EDT

BY: PAUL SOLMAN

Warehouse manager at operations desk on computer. Photo courtesy of John McBride & Company Inc.

Warehouse manager at operations desk on computer. Photo courtesy of John McBride & Company Inc.

Paul Solman: Jon Shayne is not just the world’s No. 1 econo-crooner, belting out economics tunes of his own invention under the stage name Merle Hazard at his own website and for the PBS NewsHour audience on inflation, on the Greek debt crisis, on the euro crisis in general, on too-big-to-fail banks, and most recently, on the fiscal cliff.

No, Shayne/Hazard is no one-trick pony. He is also a noted money manager, recently highlighted by Forbes magazine for his perspicacity in stock-picking. Wrote Forbes: “If you follow the stock market, Jon Shayne is worth a good, long listen. Especially now.”

Having listened to Jon plenty over the past few years, I agree, especially with his emphasis on the increasing share of national income commanded by the owners of capital, in contrast to labor. This angle is the focus of Forbes’ story as well.

So I asked Jon to elaborate for the Making Sen$e audience. He has done so by interviewing the person who inspired his thoughts on the subject, British economist Andrew Smithers, who formerly ran the asset management business of S.G. Warburg, and now Read the rest of this entry »

Posted in - Business... None of yours, - Did they REALLY say that?, - Read 'em and weep: The Daily News | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

Necessary but Not Sufficient: Why Taxing the Wealthy Can’t Fix the Deficit

Posted by Warm Southern Breeze on Thursday, October 4, 2012

NOW OR NEVER | SEPTEMBER 2012

Necessary but Not Sufficient:
Why Taxing the Wealthy Can’t Fix the Deficit

By David Brown, Gabe Horwitz, and David Kendall

In this paper we shatter the myth that taxes on the wealthy can come close to solving our long-term budget problem. We readily acknowledge that raising taxes on top earners is necessary, but it is not sufficient to solve the looming fiscal crisis. And we make clear that if entitlements are left on autopilot, burdensome middle class tax hikes become inevitable.

Even a 50% tax rate on the wealthy can’t fix the deficit.
Even 50% taxe rate on wealthy can't fix deficitThis is the first in a pair of papers that demonstrate that purely ideological fixes will not sufficiently address our fiscal issues. Our other report, Death by a Thousand Cuts: Why Spending Cuts Alone Won’t Fix the Deficit, proves that a cuts-only strategy cannot solve our budget woes without severely compromising our safety, security, and economic growth. Together, these papers make the case that a big and balanced fiscal package is the preferred way to avoid the fiscal cliff, prevent deficits from exploding in the future, and allow our economy to grow.

To stabilize the debt and create a positive economic climate for U.S. growth, most mainstream economists agree that annual deficits must be reduced to 3% of GDP. The question is: how do we get there?

In order to demonstrate that taxes alone cannot solve our budget woes, we explore three budget scenarios, all of which rely solely on Read the rest of this entry »

Posted in - Even MORE Uncategorized!, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

How Governor Bentley & Alabama’s GOP dominated state legislature raped their “constituency”

Posted by Warm Southern Breeze on Saturday, September 29, 2012

Allow me to be more explicitly succinct: Governor Bentley and the GOP led legislature are lying sons-of-bitches who ought to burn in Hades for how they’ve raped and lied to the people of the state of Alabama.

I have only one thing for them: Utter Contempt.

The $437 Million Hustle

Published: Wednesday, September 26, 2012, 9:07 AM
Updated: Wednesday, September 26, 2012, 9:12 AM
By George Talbot

Alabama voter Amendment 1 ATF

Bridget Stafford of Montgomery casts her vote on Amendment 1 at Vaughn Park Church of Christ in Montgomery, Ala., Sept. 18, 2012. (Julie Bennett | al.com)

In honor of the constitutional amendment approved by Alabama voters on Sept. 18, we here at the South Alabama Political Animals Club would like to introduce a new award.

Let’s call it the Karl Rove – James Carville Political Slickum Trophy. The inaugural winners? Gov. Robert Bentley, House Speaker Mike Hubbard and Senate President Del Marsh, who pulled off a political hustle as sharp as anything outside of a Chicago pool hall.

The Republican leaders were in a jam, and got Democratic voters to bail them out. Impossible, you say?

The numbers don’t lie. The amendment, which allows the state to tap into the Alabama Trust Fund to pay for government operating expenses, won by big margins in Democratic precincts, and was soundly rejected in the state’s more conservative corners.

Voters in deeply Republican Baldwin, Cullman, Madison and Shelby counties, for instance, shot down the measure by nearly 2 to 1. But the GOP proposal reaped a bounty of support from Democratic voters in Mobile, Jefferson and Montgomery counties.

The margins were even greater in the Black Belt, Alabama’s last Democratic stronghold, where the amendment rode a wave of “yes” votes in Greene, Perry and Wilcox counties. In Dallas County, it got eight “yes” votes for every one “no.”

How’d that happen?

Supporters of the proposal, organized as the Keep Alabama Working political action committee, raised big money from groups that would have taken a budget hit if the measure had failed – chiefly nursing homes and hospitals.

Much of that money was raised and spent by Read the rest of this entry »

Posted in - Lost In Space: TOTALLY Discombobulated, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

 
%d bloggers like this: