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

September Update: COVID Death Rates By Partisan Lean & Vaccination Rate

September Update: “COVID Death Rates by Partisan Lean & Vaccination Rate”| ACA Signups, Charles Gaba As always, here’s my (Charles Gaba) methodology: County-level 2020 Population data via U.S. Census Bureau’s 2020 Census County-level 2020 Trump vote data via each state’s Election Commission or Secretary of State websites County-level Case & Death data via Johns Hopkins University Center […]

Household incomes have fallen since 2019

Chandra Childers at Economic Policy Institute reports on household income: “Household incomes have fallen since 2019 despite growth in workers’ earnings“ “On Thursday, the U.S. Census Bureau released 2021 household income and household earnings data for states from the American Community Survey (ACS). National averages hide the wide disparities experienced by workers and families across […]

August existing home sales: confirmation of housing prices peaking

August existing home sales: confirmation that house prices have peaked Existing home sale by themselves are not that important economically, since there is a mere transfer in ownership, rather than a complete build. But they can help verify turning points, and in this case very importantly as to prices. But first, sales declined slightly (-2,000) […]

Lingua Pavlovian

For Senator Mitch McConnell the most important thing in the world is for him to be Senate Majority Leader; because, as Senate Majority Leader, Sen. McConnell has a lot of power. In Washington DC, power is a commodity. Being Senate Majority Leader pays well. For McConnell to be Leader, he needs to raise a lot […]

What News was in My In-Box

Healthcare and Politics are the heavy hitters tonight. I always feel like I missed something. Feel free to add articles to this in comments. I have a post to complete on the costs and prices on Pharma. You know there is a difference. Politicians usually talk about one or the other. A while back Germany […]

Housing: permits and average starts decline, while construction remains at peak

Housing: permits and average starts decline, while construction remains at peak The data on housing construction this month was mixed. While starts rose, their 3 month average, at 1.511 million annualized, was the lowest since September through November 2020. Meanwhile total and single family permits both declined, both to the lowest since June 2020: This […]

Replacement theory in the US

David Zetland writes on “replacement theory” (originally published at One Handed Economist) Replacement theory in the US “Replacement theory” is a semi-racist, often-hysterical belief that — in the US — White Christians will be “replaced” by others. The racist part arises from the vapid conception of “race” and/or “White” which rests on no biological or scientific facts. As […]

DeSantis’s Sales Pitch to “legal” Venezuelan Immigrants to get them on the Planes

The Martha Vineyard pamphlet given to legal Venezuelan immigrants in the US. Florida (as if you did not know where he rules!) Governor DeSantis’s motive was to convince the immigrants to get on the plane in Texas (a suburb of Florida) to go to paradise another city where they could get jobs, cash for eight […]

Coronavirus dashboard for September 19: no, the pandemic is *not* over

Coronavirus dashboard for September 19: no, the pandemic is *not* over  – by New Deal democrat Contrary to the statement by President Biden last night, the coronavirus pandemic is *not* over. First, here’s the long term look at infectious particles in wastewater by Biobot, compared with confirmed cases: Levels of COVID in wastewater continue to […]