Relevant and even prescient commentary on news, politics and the economy.

For enterprising libertarians, the war on the war on covid is the gift that keeps on giving

In a recent post I suggested that distrust in the government’s handling of covid and in the safety and efficacy of vaccines is mainly the result of a deliberate messaging campaign by conservative media, libertarian propaganda organizations, and Republican politicians to gain political or ideological advantage by fostering distrust.  To illustrate this, I want to […]

The producer portion of the economy continues to do well

The producer portion of the economy continues to do well First, a little blogging note. This week is light on data. House prices tomorrow, jobless claims Thursday, then a bunch of month end/beginning data on Friday. In other words, don’t be surprised if I take a day off. This morning the report on durable goods […]

Means-testing the Child Tax Credit

Matt Yglesias has published an interesting essay at his substack by Simon Bazelon and David Shor arguing that Democrats should introduce stricter means testing into the Child Tax Credit. Their key points are as follows: The current CTC design already has means-testing for very high incomes, which means that the administrative burdens associated with means-testing […]

stare decisis — Latin for “to stand by things decided.”

I am no attorney. However my experience has caused me to learn the law an how it applies to us. I have learned attorneys are not necessarily honest with plebeians, You know us butchers, bakers, candle stick makers or collectively anyone at all. As a just-out-of-boot-camo Marine private, I can remember one Corporal saying this […]

Job Growth Twice as Fast in States Retaining UI

August Job Growth Was Twice as Fast in States That Retained UI – “People’s Policy Project,” Matt Bruenig, September 21, 2021 I ran across this author and his site while reading a commentary (referencing Matt Bruenig’s story) on McDonalds experience in Denmark at Yves Smith’s Naked Capitalism. Since my background over 40 odd years has […]

US crude supplies at 35 month low; Total oil and product supplies at 6 1/2 year low

Commenter and Blogger RJS adds more detail to what I would suggest is a coming shortage of oil and oil products. Focus on Fracking US crude supplies at a 35 month low; total supplies of oil and all products made from it at a 6 1/2 year low… US oil data from the US Energy […]