All three of mine had student loans which they were capable of repaying. At the same time, we pitched in to pay for them off too. Student loan are like dead weight. They are with you until death. On the other side of the spectrum, there are many other examples of business entities being granted […]
I do read Dan Zetland’s site the One-Handed Economist from time to time. He does post interesting commentaries which Angry Bear reposts. This happens to be one of the ones I find to be interesting. Soft money versus hard money? What are the differences between either and especially when it comes to physical labor? From […]
“Prolonged, uninterrupted sedentary behavior was associated with a significantly increased likelihood of dying of cancer, a study of more than 90,000 people showed. “Every additional hour of prolonged sedentary behavior per day was linked with a 10% higher hazard of cancer mortality. Replacing an hour of sedentary behavior daily with light physical activity or with […]
– by New Deal democrat My Big Theme for the past few months has been that the AI Boom (or possibly bubble) is counterbalancing a stagnant or even shallowly recessionary rest of the economy. After three good reports in a row, the June employment report was very weak, and in some respects even negative. Below […]
As I explained multiple times. Turn out was less in 2024 that in 2020. 3 million people did not vote, The same numeric of ~ three million who voted for others did similar in 2024 and it had a larger impact. Turn out was less in 2024 by percentage of eligible voters 59.7% as compared […]
If you have ridden the passenger trains in China. you know what a difference it is compared to passenger trains in the United States. I have and it is impressive traveling at ~200 mph. It is not that we can not have similar in the United States. We could. People are enamored with their cars […]
I started drinking coffee in high school. Over time, the amount increased, so that by about 15 years ago, I was drinking three pots of coffee a day. It was then that I started experiencing acid reflux. Upon learning that acid reflux is a risk factor for esophageal cancer, I quit cold turkey. Within a […]
– by New Deal democrat [Special programming note: Today we begin the second half of the year. On Friday there will be no data due to the federal holiday. Since I haven’t updated my overall nowcast and forecast for the economy, as well as how average Americans are doing economically, I plan to do so then. […]
Introduction: Nearly one third of all corporate political spending on elections since the 2010 Citizens United decision has occurred in the current election cycle. This is months before the general election, a new report from Public Citizen. I suspect this is more for Republicans then Democrats. “‘A Disaster for Democracy’: Report Shows Surging Corporate Spending in 2026 Elections,” Common Dreams, […]
Some introduction and then explanation. A rather brief take on what is going on with the Electric Car in the United States and why it did not succeed. Think Trump . . . President Trump has ordered the elimination of the EV mandate and termination of federal support for EVs. “Quantifying Trump’s impacts on EV […]