My “Weekly Indicators” post is up. The high frequency data continues to confirm my Big Picture outlook that after a near-miss or possible “mini-recession” late last year, the economy is rebounding. In particular, the YoY improvements, already Booming, in consumer spending are accelerating even more. Some of this is probably the wealth effect from stock portfolios, […]
Rail Passengers Association | Substack Bit of an Introduction. Having ridden in trains in other countries, I can see where having similar passenger rail services would benefit the United States. Rather than traveling by air, one could take a trip by passenger rail to another state several hundred miles away and arrive in better condition […]
Americans, once members of a proudly literate society, read much less than they used to. According to the National Endowment for the Arts, which conducts the most comprehensive survey of the nation’s reading habits, fewer than half of all adults reported having read a book of any kind in 2022. Only 38 percent read a […]
– by New Deal democrat As we come to the end of the week after the payrolls report, when typically, almost nothing is reported, I wanted to follow up on several posts I wrote last week: one, revisiting the configuration of long leading indicators, and second, Republics are very durable unless and until they are […]
NATIONAL: How much more are ACA enrollees *really* paying this year due to Trump/GOP policies? ACA Signups, Charles Gaba Partial post taken from; “How much more are ACA enrollees *really* paying this year due to Trump/GOP policies?” Charles Gaba @ ACA Signups. Nationally, on average, net ACA premiums have jumped by 58% this year vs. last, from […]
Bit of Robert Reich running the numbers on Crypto Memecoin for 2025. Trump came out ahead and everyone else lost. Care to buy another bottle of “Doctor Good” from Tr__p. It is kind of hard to understand how a president of future president could hoodwink his constituents. But he did. “‘Once a crypto skeptic, Mr. […]
You probably have read about increasing reports of violent and potentially life-threatening diarrhea caused by cyclospora in multiple states. Cyclospora isn’t new, but the Trump administration stopped tracking it. “As of July 1, the Foodborne Diseases Active Surveillance Network (FoodNet) program has reduced surveillance to just two pathogens: salmonella and Shiga toxin-producing E. coli (STEC), […]
Unless and until something better — democracy first. First because democracy gives the power of governance to those governed. Ours, democracy itself, is a work in progress. One that is always asking, what can we do to make our democracy work better? Along that vein, herein is a look at some of the pros and […]
Pres. Tr__p is whining about the SCOTUS decision granting magazine columnist E. Jean Carroll her $5million suit against Tr__p. Tough breaks when one person assaults another and denigrates them also. “The Supreme Court’s ruling is wrong,” Trump posted on social media. “I will be asking for a Rehearing by the United States Supreme Court, IMMEDIATELY. This miscarriage […]
– by New Deal democrat It has been four years since the Fed started aggressively raising interest rates, causing mortgage rates to rise similarly. It has been over four years since home sales peaked, and also about four years since the median price of a new home peaked. Finally, it has also been four years […]