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

Another view of the student loan debt crisis

I have worked with Alan Collinge and Student Loan Justice Org. for at least a decade on student loan bankruptcy. This article was taken from the Tallahassee Democrat. This article has some numbers on who is impacted, which has been presented, and largely ignored here and other places. United States Senator Elizabeth Warren (D-Mass.) and Senate […]

JOLTS report: record low layoffs, near record high quits and job openings

April JOLTS report: record low layoffs, still near record high quits and job openings Late last year, I introduced the idea that the jobs market was similar to a game of musical chairs or perhaps other games as well such as 케이카지노. Employers added or took away chairs, and employees tried to best allocate themselves […]

The real reason nurses are leaving

From the Boston Globe comes this opinion piece on part-of-what-is-wrong with the hospital system: “Ask any bedside nurse what the worst part of the job is, and chances are they won’t even mention bodily fluids or patients’ insults. The answer I hear most often is the same as mine: “charting.” Accurate, timely charting of nearly […]

Political Happenings in Washington D.C. and Michigan.

Looks like some of the fun is just starting with Republicans being charged. Hmmmm, Peter Navarro was cuffed, shackled, and taken to the D.C. Federal court and indicted for contempt of Congress. Peter felt he could ignore subpoenas from Congress. He could spend up to 2 years in prison for contempt. Finally, one of the […]

Manufacturing and construction continue to be positive for the months ahead

Manufacturing and construction continue to be positive for the months ahead Let’s take a look at the new month’s first data, on manufacturing and construction. The ISM manufacturing index, and especially its new orders subindex, is an important short leading indicator for the production sector. Manufacturing and production equipment such as special tooling, patterns, molds, […]

Corinthian College Inc. Student Loan Debt Forgiveness

Student Loan Debt Forgiveness for half a million students from Corinthian Colleges (cnbc.com) An approximate 560,000 Corinthian College Inc. former students will have their loan balances forgiven as announced by U.S. Secretary of Education Miguel Cardona. “As of today, every student deceived, defrauded, and driven into debt by Corinthian Colleges can rest assured that the […]

House prices: signs and portents of an approaching peak?

House prices: signs and portents of an approaching peak? House price increases were still going strong through March, as reported this morning in both the Case Shiller and FHFA house price indexes. The Case Shiller national index rose 2.1% for the month and 20.5% YoY, the biggest YoY% gain ever, while the FHFA purchase-only index […]