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

Atlanta and downstream friends

(Dan here…another  of David Zetland’s students Johanna writes on groundwater…a reminder of what also matters during this heated political climate, and from a younger generation. The first mention of water wars at AB was 2007 I believe.) Atlanta and downstream friends Johanna writes* This post offers some insight into the problems of water management in […]

January real personal income consistent with either slowdown or incipient recession

January real personal income consistent with either slowdown or incipient recession Real personal income (less government transfers) is one of the four coincident indicators the NBER looks at in determining recessions. Since January’s numbers were reported this morning, let’s take an updated look. Truth be told, real personal income is actually a short lagging indicator. […]

Conversational Points about Coronavirus and Administration Answers

Newcastle ban handshakes at training ground: “There’s a ritual here that everybody shakes hands with everybody as soon as we see each other every morning,” said Bruce as he prepared for Saturday’s game against Burnley at St James’ Park. “But we’ve stopped that on the advice of our club doctor. Thankfully, we’ve got a superb […]

Housing: prices follow sales, February 2020 edition

Housing: prices follow sales, February 2020 edition One of the consistent things I have written about the housing market for going on 10 years is that interest rates lead sales, and sales in turn lead prices. Last week with the continued increase in housing starts and permits we got further proof of the former, and […]

A threatened groundwater source

(Dan here…one of David Zetland’s students Lenaide writes on groundwater…a reminder of what also matters during this heated political climate, and from a younger generation) A threatened groundwater source Lenaide writes* Imagine living in a city located on top of the largest groundwater source and longest river in France, but to also have both of […]

Conversational Points about Coronavirus and the White House’s Panic

The Incompetency of this man comes to light in a potentially catastrophic period. He instills fear rather than confidence. “White House Moves To Screen Scientists’ Statements On Coronavirus As fears grow of a politicized White House response to the coronavirus outbreak, the White House has placed Vice President Mike Pence in charge of messaging about […]

The impact of coronavirus on my slowdown vs. recession forecast

by New Deal democrat The impact of coronavirus on my slowdown vs. recession forecast  For roughly the last half year, my forecast has been that a slowdown without a recession was the most likely scenario, *IF* the economy were left to its own devices. Well, given the horror scenarios possible with the coronavirus outbreak, the […]

Live-blogging the Fifteenth Amendment: February 22, 1869

Live-blogging the Fifteenth Amendment: February 22, 1869 On February 22, the Senate took up the revisions that the House of Representatives had made to their proposals from one week prior. The House had struck from the Senate’s version, as sent to the House, the section extending the protections of the Amendment to qualifications for office, as […]