Letter to Congressional Representative Seth Moulton by Sanuel Walker . . . “Just as a turnpike provides time and place utility for product and people, a railpike would also. And, just as a turnpike does not provide pick up and delivery of product and people, likewise a railpike would serve to provide transport service from […]
– 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. The bottom line is that the May report was the third in a row that not only confirmed that, but suggested […]
Thanks to climate change, which the Trump Administration is actively promoting, and the Trump Administration defunding of USAID and a project dedicated to monitoring and containing New World screwworm in Central America, screwworm is back in the US after decades of successful containment. What is screwworm? “New World screwworm is a fly that lays its […]
“No Unauthorized Spending: The U.S. Constitution dictates that no money can be drawn from the Treasury except through an act of appropriation. Without a funded budget, paying wages is unconstitutional.” “Office Hours: How Do We Deal with the Inevitable Loss of Good Jobs to AI?” Anthropic — the artificial intelligence company behind the chatbot Claude […]
– by New Deal democrat We are – maybe! – finally seeing some of the unresolved post-pandemic seasonality reasserting itself as to initial jobless claims. For the record, initial claims rose 13,000 to 225,000 last week, the highest number since early February. The four week average rose 6,500 to 214,750. With the typical one week delay, […]
In a Nut Shell? Civilian Labor force for May increased by 83,000 over April while Not in Labor Force went up by 17,000. Unemployed dropped by 66,000. Unemployment Rate remained at 4.3%. Participation Rate remained the same at 61.8 which is down from the same month in 2025. Civilian Labor Force is growing but a […]
Which one would you want to pay? Dean Baker does the comparison of Military expenditures and as compared to ACA subsides. Details in the Dean commentary. Is paying $11,200 a year to soothe the president’s paranoia in his demented state reasonable? Donald Trump says you should. The Republicans in Congress are likely to agree. So, […]
My (Samuel Walker) observation is that railroads capable of high speed, that is over 110 mph are passenger services. Where they have been built, they have been built with different goals and purposes. Often there is not enough in fare to cover all costs. The Japanese built the first high speed railroad because of its […]
Matching faces of President Trump. I suspect they are using old pictures of Trump per his suggestions. There is a noticeable difference. Both are from today’s articles. One face is slimmer that the other. A swimsuit picture showed him kind of buff which he is not. To the Left: Furious Trump orders investigation into California […]
– by New Deal democrat The economically weighted ISM manufacturing + services indexes have become one of my favorite datapoints. That’s in part because the former has a nearly 80 year history of being a solid leading indicator, although somewhat attenuated since the start of the Millennium. But the latter now also has a long […]