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

September jobs report: positive report within a framework of continued deceleration

September jobs report: a very positive report within a framework of continued deceleration As I have written many, many times, consumption leads employment; and the near stagnation in real sales and spending signaled that we should expect weaker monthly employment reports, with both fewer new jobs and a higher unemployment rate. In September, the former happened; […]

OPEC Aligns with Russia, “Letters from an American”

This “Letter from an American” author Prof. Heather has a different spin to it. Prof. Heather is discussing OPEC and the impact it is going to have on the US as well as other counties not having the wealth we have. One thing I did not know is, Russia is the Vice-Chair of OPEC. Or […]

Jobless claims rise, gas price low is probably ending

Jobless claims rise; the gas price low is probably ending  – by New Deal democrat Initial jobless claims may have ended their recent downtrend. Initial claims rose 19,000 to 219,000 from last week’s 5 month low. The 4 week average rose 250 from its 4 month low to 206,500. Continuing claims, which lag somewhat, increased […]

Putin Supporters In US Becoming Desperate

Putin Supporters In US Becoming Desperate  Latest reports have after Putin annexed four oblasts in Ukraine the Ukrainian military making numerous gains in several of those and simply on a major roll that seems very unlikely to be stopped or even slowed down all that much, short of Putin using nuclear weapons. First Lyman was […]

Do Republican Counties have Higher Covid Death Rates than Democratic Counties?

Some seem to think so. A recent paper by Jacob Wallace, Paul Goldsmith-Pinkham, and Jason L. Schwartz appears to backup this claim up with some numbers exclusively of their own. “Excess Covid Death Rates for Republicans and Democrats During the COVID-19 Pandemic,” NBER, © 2022 by Jacob Wallace, Paul Goldsmith-Pinkham, and Jason L. Schwartz “Political […]

Coronavirus dashboard for October 5: An autumn lull as COVID-19 evolves towards seasonal endemicity

Coronavirus dashboard for October 5: An autumn lull as COVID-19 evolves towards seasonal endemicity  – by New Deal democrat Back in August I highlighted some epidemiological work by Trevor Bedford about what endemic COVID is likely to look like, based on the rate of mutations and the period of time that previous infection makes a recovered […]