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

Reading the news

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US layoff rate at all time lows

US layoff rate at all time lows I don’t write about new jobless claims much anymore, mainly because it has been boringly good for a few years (outside of hurricane disruptions!).  But there are times like this week when I am particularly thankful that I am concentrating on the one thing – the economy – […]

Trump Tariffs Hit Largest US Aluminum Company, ALCOA

Trump Tariffs Hit Largest US Aluminum Company, ALCOA In the history of antitrust law, one of the most important rulings by the US Supreme Court came in 1945, when the Aluminum Company of America (ALCOA), long based in Pittsburgh with heavy Mellon family ownership, was ordered broken up for being a monopoly, following a ruling […]

86% of the 2018 Congressional Election Already Determined

A projection was made by Fair Vote Org as to what will happen in the 2018 Congressional Elections based upon a series of variables such as whether a candidate is an incumbent, the geographical location or rural versus city, the underlying partisan lean of a district etc. If we apply those variables to this election; […]

Misspoke?

Trump in Helsinki: “I do not see any reason why Russia would be responsible, I have great confidence in my intelligence people; but I will tell you that, President Putin was extremely strong and powerful in his denial today.” Trump back in Washington D.C.: “I accept our intelligence community’s conclusion that Russia’s meddling in the […]