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

Box Ship Stuck in the Suez Canal

Mike’s Blog Roundup with Infidel 753 today featuring a Sunday post from “Butterflies and Wheels,” Ophelia Benson used commenter Freelander’s words about the Container ship stuck in the Suez Canal.. Whew, that was a long chain of tributes. If you do not know, the Suez is a short-cut saving days and tons of fuel used […]

Weekly Indicators for March 22 – 26 at Seeking Alpha

 – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. For the first time since I started tracking this data, literally every single one of the coincident indicators is positive. We are starting to experience a boom in economic growth that I expect to continue throughout most if not all of this […]

February Durable Goods: Orders Down, Shipments Down, Inventory Up

Commenter RJS at MARKETWATCH 666 February Durable Goods: New Orders Down 1.1%, Shipments Down 3.5%, Inventories Up 0.7% The Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders for February (pdf) from the Census Bureau reported that the value of the widely watched new orders for manufactured durable goods decreased by $2.9 billion or 1.1 percent […]

Utopian Socialism Brings About Toilet Paper Shortages Maybe In The Near Future

Utopian Socialism Brings About Toilet Paper Shortages Maybe In The Near Future  Yeah, to heck with “socialism” in any of its forms, even old varieties that Marx and Engels denounced, neologizing the label “utopian socialism” for its advocates, even as they made clear their respect for the intentions at least of their intentions, even as […]

Medicaid Enrollment Grew ~30% Year-Over-Year

Medicaid expansion enrollment grew nearly 30% year-over-year in 19-state sample, Andrew Sprung, XPOSTFACTOID, March 17, 2021 An update on Medicaid expansion enrollment growth since the pandemic struck. Below is a sampling of 19 expansion states through January of this year, and 14 states through February. Maintaining the assumption, explained here, “relatively slow growth in California would […]

February personal income and spending decline

February personal income and spending decline: the back end of January stimulus payments Last month I wrote that the: “report on January personal income and spending shows just how important the stimulus packages enacted by the federal government both last spring and last month have been to sustaining the economy.” The truth of that was […]

Virginia Ends The Death Penalty

Virginia Ends The Death Penalty  Yesterday (or maybe the day before), Virginia Governor Ralph Northam overturned over 400 years of a death penalty. My state had the highest number of executions of any other, 1390, over those 400+ years. And now it is done. Good. “Lawmakers in the Democratic-controlled House of Delegates and state Senate passed […]

Income and spending decline: the back end of January stimulus payments

February personal income and spending decline: the back end of January stimulus payments by New Deal democrat Last month I wrote that the: “report on January personal income and spending shows just how important the stimulus packages enacted by the federal government both last spring and last month have been to sustaining the economy.” The […]

What the USPS 10-year plan may have to say about future rate increases

Steve Hutkins at Save The Post Office continues with the documentation of issues and occurrences at the USPO. Steve presents a good take-down of what DeJoy’s plan is going forward. He is predicting a 3.6% increase on top of a CPI increase. There are two alternatives being presented, the Base case and the “Delivering for […]