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(1) Summers trashes Biden’s winter plan. (2) Providing disincentive to work. (3) Not enough workers with the right skills? (4) Private-sector wages and salaries at record high. (5) Our Earned Income Proxy was strong in January. (6) Wages rising at faster pace. (7) Payroll tax receipts at record high. (8) Small businesses are hiring, but can’t find qualified workers. (9) Job postings back to pre-pandemic level. (10) Ratio of unemployment to job openings drops. (11) Quits jump reflecting labor force dropouts rather than job switchers. (12) Biden’s plan is too stimulating. (13) An update on the major central bankers.