Didn't Iran blink?

A mostly political Weblog.
April 8 2007 6:20 AM

Didn't Iran Blink?

Seeing "humiliation" in muddled success.

kf's First Rule of Journalism Vindicated! They laughed when kf , generalizing wildly from personal experience, claimed a sign in a Westwood burger shop showed  that

tight labor markets--produced by growth and maybe a boost in immigration enforcement--eventually raise wages at the bottom, and we are starting to see that.

They're still laughing. But, a week later, the wild generalization is looking pretty good, if not eerily prescient. (From the 4/7 L.A. Times):

Wages, which initially lagged behind job growth as the economy recovered from its 2001 recession, continued their more recent growth ... [snip]

Average hourly earnings of production workers increased by 6 cents to $17.22, and weekly earnings rose by $3.75 to $583.76. Over the last year, hourly earnings have risen by 4% and weekly earnings by 4.4%.

Thus, earnings are rising faster than price inflation, which, excluding food and energy, rose 2.4% in the most recent 12 months.

P.S.: Note that the government's "average hourly earnings" figures have been controversial in the past because they appear to understate wage gains. If even they show an improvement ... Update: Drum comments. I originally got my criticisms of the "average hourly earnings" data from Barry Bosworth, who has a paper on the subject here, which I'd happily pay for if I could figure out how. ... 2:58 A.M.

Advertisement

Tish Durkin speaks truth to HuffPo. A post they should keep on the front page for the rest of the year. ... 2:04 P.M.

Zell Kvells!  William Beutler says Sam Zell has "no idea what he's talking about" when it comes to the Internet. ...  Holman Jenkins thinks the Zell/Tribune deal won't go through once the shockingly favorable (to Zell) details are exposed. ...  1:25 A.M.

From a Layup to a Tossup--The Dems Switch Debates: Here's something I only realized under prodding from Bob Wright on Bloggingheads: There are two obvious possible debates to have about Iraq:

Debate A: Was launching the war a good idea in 2003?

Debate B: Should we "surge" or withdraw in 2007?

Haven't the Democrats, by prosecuting their funding fight with Bush over setting a withdrawal deadline, succeeded in changing the Iraq debate from A to B? From a debate over the war to a debate over the surge? From a debate about the last four years to a debate about the last four months?

TODAY IN SLATE

Medical Examiner

Here’s Where We Stand With Ebola

Even experienced international disaster responders are shocked at how bad it’s gotten.

It Is Very, Very Stupid to Compare Hope Solo to Ray Rice

The U.S. Is So, So Far Behind Europe on Clean Energy

Even if You Don’t Like Batman, You Might Like Gotham

Friends Was the Last Purely Pleasurable Sitcom

The Eye

This Whimsical Driverless Car Imagines Transportation in 2059

Politics

Meet the New Bosses

How the Republicans would run the Senate.

A Woman Who Escaped the Extreme Babymaking Christian Fundamentalism of Quiverfull

So, Apple Is Not Shuttering Beats, but the Streaming Service Will Probably Be Folded Into iTunes

  News & Politics
Politics
Sept. 22 2014 6:30 PM What Does It Mean to Be an American? Ted Cruz and Scott Brown think it’s about ideology. It’s really about culture.
  Business
Moneybox
Sept. 22 2014 5:38 PM Apple Won't Shut Down Beats Music After All (But Will Probably Rename It)
  Life
Outward
Sept. 22 2014 4:45 PM Why Can’t the Census Count Gay Couples Accurately?
  Double X
Doublex
Sept. 22 2014 4:06 PM No, Women’s Soccer Does Not Have a Domestic Violence Problem Or, why it is very, very stupid to compare Hope Solo to Ray Rice.
  Slate Plus
Slate Plus
Sept. 22 2014 1:52 PM Tell Us What You Think About Slate Plus Help us improve our new membership program.
  Arts
Brow Beat
Sept. 22 2014 5:45 PM The University of California Corrects “Injustice” by Making Its Rich Chancellors Even Richer
  Technology
Future Tense
Sept. 22 2014 6:27 PM Should We All Be Learning How to Type in Virtual Reality?
  Health & Science
Medical Examiner
Sept. 22 2014 4:34 PM Here’s Where We Stand With Ebola Even experienced international disaster responders are shocked at how bad it’s gotten.
  Sports
Sports Nut
Sept. 18 2014 11:42 AM Grandmaster Clash One of the most amazing feats in chess history just happened, and no one noticed.