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

Congress Steadily Degenerating

Congress Steadily Degenerating  I doubt this will surprise anybody, aside from those who might have hoped that Dems retaking formal control of both houses of Congress, if by narrow margins (with that margin shrinking in the House due to the 2020 election).  But I have a more direct source for this conclusion. I received a […]

“…other enjoyments, of a purer, more lasting, and more exquisite nature.”

“…other enjoyments, of a purer, more lasting, and more exquisite nature.” A defense of Weber’s Protestant Ethic thesis from the 1940s by Ephraim Fischoff makes the plausible argument that critics — and many supporters — of Weber’s essay attached unwarranted causality to it, as if “Calvinism caused capitalism.” Instead, Fischoff explained: Weber’s thesis must be construed […]

US Trade Deficit Rises 4.8% in February to Record High

“US Trade Deficit Rises 4.8% in February to Record High,” Commenter R.J.S. at Marketwatch 666 Our trade deficit rose 4.8% February, as both our exports and imports decreased, but the value of our exports fell by almost three times as much as the value of our imports did….the Commerce Department report on our international trade in goods […]

On Gerrymandering

Every citizen of the United States has the right to be represented in both their state and federal governments by a representative chosen in a free and fair election. In a free and fair and election, each and every vote is equal. By definition a gerrymandered election is unfair because it favors one group of […]

Risk of Being Killed by Police Varies by Your Ethnicity

A Healthcare Issue Derek Chauvin trial live: Paramedic who responded to George Floyd told partner. ‘I think he’s dead.’ When paramedics arrived, Bravinder saw multiple officers on the side of the road on top of “our patient lying on the ground next to a squad car. He said he “assumed there was potentially some struggle […]

An Incomplete Letter

Dear Senator Joe McConnell, Joe McManchin, Joe Manchin: I write to you not as a constituent because I am not one of your constituents; but, I am confused. It is difficult to align with a politician who changes his persona various times.  I am confused by your series of stances on the filibuster and what […]

Jobless claims: progress pauses, as a new surge in COVID in Michigan and the Northeast causes concern

Jobless claims: progress pauses, as a new surge in COVID in Michigan and the Northeast causes concern New jobless claims are likely to the most important weekly economic data for the next 3 to 6 months. As the number of those vaccinated continues to increase, I expect a big increase in renewed consumer and social […]