THE DON JONES INDEX…

 

 

 

GAINS POSTED in GREEN

LOSSES POSTED in RED

 

 

  5/14/21… 14,204.82

   5/7/21…  14,210.23

   6/27/13…  15,000.00

 

 

DOW JONES INDEX: 5/14/21…34,021.55; 5/7/21…34,548.43; 6/27/13…15,000.00)

 

 

LESSON for May 14, 2021 – “HACKED, JACKED and EXTRACTED!”

 

 

There is no Lesson this week, no weekly timeline, no social indices.  The DJI encountered an alleged computer “glitch” on the public library computers we use to prepare this weekly document.  That it occurred while researching the Darkside hack of the Colonial pipeline, halting the flow of gasoline to the East Coast, is probably coincidental.

If not, go to hell. @rus.

Because economic indices are tabulated from existing data, government or private, that portion of the DJI has been reconstructed.  The index for this week, consequently, consists only of changes to the Economic Index.

We hope that our system and the data that comprise the DJI will be back online and functional by next week’s issue, May 21st, where we will again attempt to provide reactions by and about the forty heads of state whom President Biden addressed at his virtual climate summit – as well as any other developments.

 

 

DON JONES’ PERSONAL ECONOMIC INDEX (45% of TOTAL INDEX POINTS)

CATEGORY

VALUE

BASE

 

RESULTS

 

SCORE

SCORE

OUR SOURCE(S) and COMMENTS

  INCOME

(24%)

6/27/13

LAST

CHANGE

NEXT

  5/7/21

5/21/21

                             SOURCE

 

 

 

 

 

 

 

 

 

Wages (hourly, per capita)

9%

1350 pts.

 4/2/21

 +0.95%

 5/21/21

1,430.31

1,443.93

https://tradingeconomics.com/united-states/wages  25.45

Median Income (yearly)

4%

600

 5/7/21

 +0.03%

 5/21/21

669.58

669.97

http://www. whttp://www.usdebtclock.org/   35,465

*Unempl. (BLS – in millions

4%

600

 4/2/21

   -1.64%

 5/21/21

334.23

328.75

http://data.bls.gov/timeseries/LNS14000000/  6.1% 

*Official (DC – in millions)

2%

300

 5/7/21

   -0.06%

 5/21/21

403.00

403.42

http://www.usdebtclock.org/      9,677

*Unofficl. (DC – in millions)

2%

300

 5/7/21

   -0.11%

 5/21/21

332.31

332.67

http://www.usdebtclock.org/    17,391

Workforce Participation-Number  Workforce Participation-Percent

2%

300

 5/7/21

 

+0.024%

+0.011%

 5/21/21

 

313.81

 

313.84

In 151,024 061 Out 100,500 511 Total: 251,572

http://www.usdebtclock.org/ 60.05

WP Percentage (ycharts)*

1%

150

 4/2/21

    nc

 5/21/21

151.99

151.99

http://ycharts.com/indicators/labor_force_participation_rate 61.50

OUTGO

(15%)

 

 

 

 

 

 

 

 

 

Total Inflation

7%

1050

 4/23/21

+0.8%

 5/21/21

1,008.16

1,000.09

http://www.bls.gov/news.release/cpi.nr0.htm     +0.8

Food

2%

300

 4/23/21

+0.4%

 5/21/21

282.99

281.46

http://www.bls.gov/news.release/cpi.nr0.htm     +0.4

Gasoline

2%

300

 4/23/21

   -1.4%

 5/21/21

269.99

273.77

http://www.bls.gov/news.release/cpi.nr0.htm      -1.4

Medical Costs

2%

300

 4/23/21

   nc

 5/21/21

286.77

286.77

http://www.bls.gov/news.release/cpi.nr0.htm     +0.0

Shelter

2%

300

 4/23/21

+0.4%

 5/21/21

293.44

292.27

http://www.bls.gov/news.release/cpi.nr0.htm     +0.44

 

 

 

 

 

 

 

 

 

WEALTH

 

(6%)

 

 

 

 

 

 

 

Dow Jones Index

2%

300

 5/7/21

 -1.63%

 5/21/21

379.40

373.23

https://www.wsj.com/market-data/quotes/index/DJIA  34,021.55

Sales (homes)

Valuation (homes)

1%

1%

150

150

 5/7/21

- 3.38%

+5.14%

 5/21/21

174.65

165.66              

174.65

165.66              

https://www.nar.realtor/research-and-statistics

     Sales (M):  6.01 Valuations (K):  329.1

Debt (Personal)

2%

300

 5/7/21

+0.09%

 5/21/21

274.49

274.24

http://www.usdebtclock.org/    64,203

 

 

 

 

 

 

 

 

 

 

             AMERICAN ECONOMIC INDEX (15% of TOTAL INDEX POINTS)

 

NATIONAL

(10%)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues (in trillions)

2%

300

 5/7/21

+0.06%

 5/21/21

298.17          

298.35          

debtclock.org/       3,491

Expenditures (in tr.)

2%

300

 5/7/21

+0.09%

 5/21/21

219.90

219.70

debtclock.org/       6,755

National Debt (tr.)

3%

450

 5/7/21

+0.085%

 5/21/21

328.00

327.72

http://www.usdebtclock.org/    28,285

Aggregate Debt (tr.)

3%

450

 5/7/21

+0.12%

 5/21/21

366.20

365.76

http://www.usdebtclock.org/    86,435

 

GLOBAL

 

(5%)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign Debt (tr.)

2%

300

 5/7/21

 +0.03%

 5/21/21

292.45             

292.54             

http://www.usdebtclock.org/   7,073

Exports (in billions – bl.)

1%

150

 5/7/21

 +6.78%

 5/21/21

166.36

 177.64

https://www.census.gov/foreign-trade/index.html  200.0

Imports (bl.)

1%

150

 5/7/21

 - 5.90%

 5/21/21

127.90

 120.35

https://www.census.gov/foreign-trade/index.html  274.5

Trade Deficit (bl.)

1%

150

 5/7/21

 - 4.44%

 5/21/21

  97.29            

   92.97            

https://www.census.gov/foreign-trade/index.html   74.4

 

 

 

 

 

 

 

 

 

The Don Jones Index for the week of May 7th through May 13th, 2021 (Economic Indices Only) was DOWN 5.41 points.

 

The Don Jones Index is sponsored by the Coalition for a New Consensus: retired Congressman and Independent Presidential candidate Jack “Catfish” Parnell, Chairman; Brian Doohan, Administrator/Editor.  The CNC denies, emphatically, allegations that the organization, as well as any of its officers (including former Congressman Parnell, environmentalist/America-Firster Austin Tillerman and cosmetics CEO Rayna Finch) and references to Parnell’s works, “Entropy and Renaissance” and “The Coming Kill-Off” are fictitious or, at best, mere pawns in the web-serial “Black Helicopters” – and promise swift, effective legal action against parties promulgating this and/or other such slanders.

Comments, complaints, donations (especially SUPERPAC donations) always welcome at feedme@generisis.com or: speak@donjonesindex.com

 

 

 

 

 

ATTACHMENT ONE  from

 

ATTACHMENT TWO – from Vox

 

 

ATTACHMENT THREE – from

 

ATTACHMENT FOUR– from

 

ATTACHMENT FIVE – from

 

ATTACHMENT SIX  from

 

ATTACHMENTS SEVEN – from Vox

 

ATTACHMENT SEVEN – from

 

ATTACHMENTS EIGHT – from cnn

 

ATTACHMENT NINE – from

 

ATTACHMENT TEN – from

 

 

The DJI will list the forty world leaders (or as Greta might call them, forty thieves) and how their home nations responded to their performance.  This will probably take place in our Lesson for May 13th barring… as happens from time to time… unforeseen circumstances.

Stephen Kershnar is a State University of New York at Fredonia philosophy professor. Send comments to editorial@observertoday.com

Susan Strom Shiloh

The Observer got the headline wrong on this one! Lol! I'm all for a flat tax, but I doubt that it will ever happen.

Like · Reply · 3 · 27w

 

Paul D Christopher

This shows the lack of real world experience and thought processes I'd expect from a Philosophy major. If you give $1 million more to a millionaire, or $1000 each to 1000 people, which boosts the economy more?

Like · Reply · 1 · 27w

Michael Dee

Your thinking is inverted. (Marx?) You talk about GIVING a dollar to a Millionaire? NO! Thats totally wrong. We are talking about taking a dollar LESS from them. You act like the government is the source of wealth. It isn't. Only people who do business and work create wealth.

Like · Reply · 27w

Michael Dee

Taking a dollar from a "rich" person and giving it to the government helps nobody ; it's a waste of economic resources. Remember this from Macro: Money multiplier for money spent in the Govt sector is about 4. Multiplier for the private sector is about 12. Do the math.

Like · Reply · 27w

 

William Lakas

Federal income taxes are used to provide for national programs such as national defense; veterans and foreign affairs; social programs; physical, human, and community development; law enforcement; and interest on the national debt.

Like · Reply · 1 · 27w

 

William Lakas

Billionaire Mark Cuban: One of the ‘most patriotic’ things you can do is get ‘obnoxiously rich’ and pay your taxes. When a billionaire (too lazy to look up the name) was asked what tax loopholes he used, he replied "I don't need any tax loopholes! I'm rich!"

Like · Reply · 1 · 27w

Michael Dee

Don't forget to add Graft and Corruption, Crony Capitalism, wasted give-aways (like Dept of Education), and Subsidies (like Green Energy, Welfare, etc.). We would do well to kill off about 40-50% of federal spending.

Like · Reply · 2 · 27w

Michael Dee

For you Bernie Bros out there who love Sweden's "socialism", note that they do have a progressive income tax, BUT they do not tax capital gains, and they incorporate a VAT tax. Combined, it means that people pay a relatively FLAT tax rate overall, and NOBODY gets a freebie.

Like · Reply · 2 · 27w