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

America’s Most Odious

— Preface Donald J. Trump is not on this list only because he is much so more than odious. — Grover Norquist* Because; in any list there has to be a number one. Though it was tough choosing a number one, no one is more deserving. Using one’s intelligence to bully, to manipulate others, is […]

Yemen: More Damage To World Peace And Security Due To Trump Wrecking Everything As He Exits

Yemen: More Damage To World Peace And Security Due To Trump Wrecking Everything As He Exits Michigan certified its vote results for Biden, and now crucially Emily Murphey at the GSA has agreed and now recognized officially that at least Joe Biden should be allowed to transition properly as has always happened in the past […]

Benjamin Franklin vs. John Locke on the Legislature vs. the Executive

Benjamin Franklin vs. John Locke on the Legislature vs. the Executive An initial note: there is very little economic data this week. Some house price information gets updated tomorrow, and then on Wednesday we get a slew of data, including Q3 corporate profits, jobless claims, new home sales, durable goods orders, and personal income and […]

Lord, the Pain of it

The good mayor of El Paso is at wit’s end. He is worrying himself into the grave. The City’s hospitals and morgues are overflowing. Seems that the people have to work to eat, and, if they work, they get the virus and get sick, and, too many die. Damned capitalism is as deadly as the […]

New Fault Lines in a Post-Globalized World

(Dan here,,,I think worth looking at in American Affairs) New Fault Lines in a Post-Globalized World By Marshall Auerback and Jan Ritch-Frel November 20, 2020The economic damage of the coronavirus pandemic has upended the global economic system and, just as importantly, cast out the neoliberal orthodoxy that dominated the industrialized world for the past forty […]

Jobless claims: the beginning of a pandemic reversal?

Jobless claims: the beginning of a pandemic reversal?   This week’s new jobless claims rose from last week’s pandemic lows, while continued jobless claims again declined to new pandemic lows. On an unadjusted basis, new jobless claims rose by 18,264 to 743,460. Seasonally adjusted claims rose by 31,000 to 742,000. The 4 week moving average, […]

Weekly Indicators for November 16 – 20 at Seeking Alpha

 – by New Deal democrat Weekly Indicators for November 16 – 20 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. Nothing definitive yet – after all weekly data is going to be noisy – but there is some indication that the recovery in coincident conditions in the economy have ceased to make […]