In a moment of spiking U.S. xenophobia, here's a number worth sitting with:
The most native of "native-born" American children — kids on Native land — face higher child poverty than kids in 86% of school districts in the rest of the country.
We don't put crude in our tanks. We put gasoline and diesel. So why does everyone watch the oil price?
This is the number that matters even more — refining margins. And they're back at levels we haven't seen since the 2022 oil crisis.
The last time margins were here, everyone knew there was a crisis. This time we're being told it's over. The 'ceasefire' didn't fix what's broken in the oil complex. $58.48.
Source: RBN Energy
@charliebilello that's the family + employer premium correct? That's what numbers look like. The employee portion alone should be lower than that.. but growth rate could be higher. Data is in MEPS if you want the raw data to analyze.
False narratives about oil markets are everywhere. We cut through them with data.
Why your gas price hasn't followed crude down. Why inventories are at a 40-year low. Why this war may have changed America's financial future.
data4thepeople.com/p/oil-prices-a…
What does Job "Growth" really look like in the United States?
Concerning. Very concerning.
Excellent example of how the devil is in the details. Beautiful work from @EricPachmandata4thepeople.com/p/medicaid-car…
This is how reliant the U.S. job market has become on the largely Medicaid-funded elderly and disabled care industry. Medicaid funding cuts start in 2027.
The U.S. job market keeps defying expectations. Why? America is aging, and caring for the elderly has quietly become one of the last reliable engines of job growth. But that engine largely runs on Medicaid, and the funding is about to be cut.
Megan Leonhardt has the story. See it state by state: data4thepeople.com
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Since 1948, men's labor force participation has fallen from 87% to 67%, while women's climbed from 32% to 57% - peaking around 2000 and declining for both ever since. If these trends continue and immigration slows, the math on funding Social Security gets very difficult. (BLS) 🤔
This isn't a stock chart of $NVDA, it's the number of employees in mental health.
Mental health employees: very little growth from 1990 through ~2015. Then it goes parabolic... BEFORE COVID and Telehealth.
Now at 300K+ and climbing.
I think it's smartphones and social media. Penetration hit critical mass ~2012-2014. By 2016 the mental health damage was showing up.
@JonHaidt saw it in surveys. @DKThomp literally titled his latest pod 'Why American Happiness Just Fell Off a Cliff.' Granular U.S. government payroll data speaks volumes to support both.
Tell me why I'm wrong. 👇
@charliebilello@charliebilello 2% was never a thing in the first place! It was a phase in time post GFR when shelter inflation was depressed. Given the makeup of CPI that pulled the entire measure down. And the Fed "took credit" for that. Here's the entire data series.
Did you know that health insurance prices are down 6.1% YoY? 🤣 This item within #CPI is a joke. @BLS_gov really needs to revisit this methodology. CPI would have been 3.9% today if this was flat YoY… which anyone who has health insurance knows is not true.
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