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

The Death of Shame

The Death of Shame In any society not in a state of civil war, shame is a powerful force, perhaps the most powerful.  Individuals or organizations caught cheating, lying or otherwise doing evil, when exposed and called out, are expected to be embarrassed.  They should repent their sins and promise to make amends.  Other than […]

Weekly Indicators for November 5 – 9 at Seeking Alpha

by New Deal democrat Weekly Indicators for November 5 – 9 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. Interest rattes rose even further this past week, portend further erosion in the housing market. As usual, not only does reading this post give you of the up-to-the-moment view of the economy, but […]

Big producer price increase in October – if a trend – is a problem

Big producer price increase in October – if a trend – is a problem In a light data week, this morning’s report on producer prices is certainly worth mentioning.  As you may have read elsewhere, headline producer prices rose +0.6% in October, the highest reading in 6 years. The below graph compares that (blue) with […]

A Washington State Carbon Tax Goes Down in Flames

A Washington State Carbon Tax Goes Down in Flames Initiative 1631, which would have created a carbon tax in Washington State, lost by almost 12% of the vote this week.  Commentators on all sides have interpreted this as a decisive defeat for carbon pricing, making more indirect policies like subsidies to renewables the only politically […]

Kristallnacht: Lights left on to mark 80th anniversary

Between 9 and 10 November 1938, more than 1,400 synagogues and prayer rooms, thousands of Jewish-owned homes, hospitals, shops and cemeteries were damaged or destroyed across Nazi Germany and Austria. At least 91 Jewish people were killed and an estimated 30,000 Jewish men were arrested and sent to concentration camps at Dachau, Buchenwald and Sachsenhausen. […]

Why Gerrymandering Matters

Gerrymandering is not going away any time soon. It will just be used in different manner, a manner in which to achieve congressional districts with a fairer representation of the district’s constituency. Why won’t gerrymandering go away? The districts are too big at an average of 700,000 people per district. This is the result of […]

Medicaid Expansion 2018

Four states had the Medicaid Expansion on the ballot this last election and another is still fumbling around with expanding it.. The Good Idaho: Idahoans approved Idaho Proposition 2, an initiative requiring the state to submit an amendment to the Centers for Medicare and Medicaid Services (CMS) in order to implement the Medicaid expansion no […]