-Today's jobs report was probably a big boost to the Obama campaign, as the unemployment rate dropped to 7.8% -- the lowest it's been during his presidency. The meaningful decline from 8.1% was triggered by a household survey that suggested 873,000 jobs were added in September. Sounds great, right? Well, a full two-thirds of that number (582,000) were part-time. So, that's the society we're becoming. We create jobs, they just aren't terribly good.
-This guy doesn't typically view the world as I do, but he captures well my complaint about the "great" thinkers of the dismal science: "Economists generally focus purely on the efficiency/growth effects of inflation..."
-I have been running again with some regularity (after suffering through foot tendinitis in my initial foray two months ago). My shins are barking a little bit, so I have started doing an interesting exercise designed to counter shin splints. You stand on a step, heels in, with most of your foot hanging off. Do 60 seconds non-stop of flexing your feet all the way up and all the way down (30 seconds with legs straight and 30 seconds with knees bent at a 45 degree angle). 3 sets, one-minute rest in between each. By the end of the five minutes, it feels like your legs are going to fall off.
-And, finally, it gave me a good laugh...
