Coronavirus dashboard for November 8: the new alphabet soup of variants fails to generate a new wave (so far) – by New Deal democrat Biobot has not updated since late last week, showing COVID particles at or near 6 month lows both nationwide: and in all 4 Census regions: As expected, the CDC’s variant update […]
“U.S.A. the Envy of World After Ten Billion Dollars in Campaign Ads Changes Almost Nothing,” The New Yorker, Andy Borowitz. Three questions in a row commentary. Were you convinced? Did you wonder about who was trying to influence the election the most? Which ones, Republicans, Democrats, Polling firms, TV News, Magazines, News Papers, the masked […]
“November 9, 2022,” Letters from an American, Prof. Heather Cox Richardson, (substack.com) Yesterday was a good day for democracy. Americans turned out to defend our principles from those who denied our right to choose our own leaders. There was little violence, the election appears to have gone smoothly, and there are few claims of “fraud.” […]
Some Big Picture comments on the 2022 midterm elections – by New Deal democrat No economic news today while we await tomorrow’s big inflation report (Hint: shelter inflation is going to continue to be the big driver); and I think maybe we had a little political event yesterday, so let me make a few brief […]
Deceleration and deterioration, but no downturn signaled – by New Deal democrat No economic news of note today or tomorrow, except the (very late) Q3 Senior Loan Officers Report this afternoon, which will tell us about the state of credit, but is anticipated in much more timely – i.e., weekly – fashion by the Chicago Fed’s […]
As I write this it is still possible the Democrats will lose control of Congress, with all that entails, but the Democrats did outperform the fundamentals, and it is useful to think about why. Here is my quick list of possible explanations: Increased partisanship and decreased cross-over voting (see here). Inflation may not be as […]
Some Good Commentary this week. I would pay attention to the articles on Medicare Advantage. There has been a lot of complaints. If you are on Traditional Medicare, Be careful as they have been switching people over to Advantage Plans without asking. Sounds like the Fed believes people have too much cash in savings according […]
by Joseph Joyce Making Friends in the New Global Order U.S. Treasury Secretary Janet Yellen gave a talk at the Atlantic Council last April on the future role of cooperation in the global economy. In October Chrystia Freeland, Deputy Prime Minister of Canada and its Minister of Finance, gave an address at the Brookings Institution that presented a similar […]
AE Housman comments on the election when it was 2000 1 and 20, I heard a wise man say, give tax cuts away a plenty but keep your fetuses free for the Roe taken from the women is sold for sighs aplenty and bought with endless rue but it was ‘1 and 20 no use […]
According to political scientist John Sides, the fundamentals suggest that Democrats should expect to lose 1 to 3 Senate seats and 40 to 45 House seats. Going into the election today, polls suggest that the Democrats are likely to lose the House and possibly the Senate, but not by as much as one might expect […]