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

Open Threads for Off Topic Comments

Each week, Dan puts up an Open Thread post for people to use to discuss topics not related to posts. “Redundant alert,” off-topic comments or subjects to posts can be discussed in the Open Threads. The rules are the same for hateful, discriminatory, etc. comments on an Open Thread. Don’t do it or you will […]

Gabriel Sterling debunks Trump conspiracy theories

During the call with Georgia Secretary of State Brad Raffensperger , Trump cited a number of voting fraud – conspiracy theories. The State of Georgia Voting System Implementation manager, Gabriel Sterling debunked each theory as being inaccurate or false on Monday afternoon, January 4th. Its Monday and speaking in front of a poster that had […]

New Deal democrats Weekly Indicators for December 28 – January 1 2022

Weekly Indicators for December 28 – January 1 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. In a sparse data environment, it continues to stand out how surprisingly well – under the circumstances – the economy is doing, and how primed it is to really take off once […]

The Fallacy of Unions

Because it had always been that way, none could think differently. From time immortal, labor was that what did much of the work of production. There is now a generation, maybe two, on this earth, most of whom will never know labor; will seldom see it performed. The energy for their world will not come […]

A “Seditious Caucus” Stunt to Defraud America

History Professor Heather Cox Richardson at Morrissey College of Arts and Sciences, Boston College writes a daily(?) news letter (Letters from an American) which she describes as; “a chronicle of today’s political landscape, but because you can’t get a grip on today’s politics without an outline of America’s Constitution, and laws, and the economy, and […]

A Few Questions

A Few Questions What constitutes the wealth of a nation? What is the source of all wealth and revenue? Does the method by which one receives income — whether wage, rent, profit or interest — indicate the ultimate source of the value represented by it?  Do stores of money, machinery, manufactured goods or produce represent […]

Final jobless claims of 2020 continue to show a lack of progress

Final jobless claims of 2020 continue to show a lack of progress New jobless claims declined for the second week in a row this week, but are still significantly above their recent pandemic lows, while continuing claims, seasonally adjusted, once again made a new pandemic low. There is a sizable but by no means certain […]