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

November employment report

Scenes from the November employment report: the short leading jobs indicators – by New Deal Democrat Every month as part of my post on the jobs report, I run through the changes in those measures which are short leading indicators for the economy. There were some significant developments in the past several months, so let’s […]

New Guidance for States to Stop Charging Parents for Foster Care

“States Should Use New Guidance to Stop Charging Parents for Foster Care, Prioritize Family Reunification,” Center on Budget and Policy Priorities, cbpp.org, Diana Azevedo-McCaffrey. This article was referenced at “Mike’s Blog Round Up,” Crooks and Liars, by Batocchio, on October 22, 2022. The Health and Human Services (HHS) Administration for Children & Families is allowing states […]

New factory orders remain an economic bright spot

New factory orders remain an economic bright spot  – by New Deal democrat New factory orders for October were reported this morning. I normally don’t write about them, because they are very noisy, but since at the moment they are one of the few bright spots among the short leading indicators, let’s take a look. […]

Mourning The Late Jiang Zemin?

Mourning The Late Jiang Zemin? Former Chinese leader Jiang Zemin died at age 96 on Nov. 30, curiously just as the worst outbreak of demonstrations to happen in China since 1989 happened, probably now come to an end, as China both suppresses them, arresting some people based on phones and visual surveillance, as well as […]

US Needs More Housing to Meet Demand and Costs

Anne Lowrey at The Atlantic recognizes a shortage of housing overall and mostly in the cities. “The U.S. Needs More Housing Than Almost Anyone Can Imagine.” Just how many houses, what is the number? How many homes must the expensive coastal cities in the US build to become affordable for middle-class and the working-poor families? Over […]

Energy Conservation – Do Not Involve Me Edition

No one wants to pay more for energy at any time. No one wants the means for greater independence from foreign control, big business, wasteful practices which will involve them. The reality being, it is all about us. The thems of the world. ~~~~~~~~ “As taken from Michigan Radio/NPR; “Auchter’s Art: Not in my backyard,” […]

Is SCOTUS receptive to a textualist argument? apparently not

This is funny (to me at least): Somewhat reworded article from Slate. “Supreme Court blocking the Biden administration: Solicitor General Elizabeth Prelogar challenges judicial power,” slate.com, Mark Stern “If she made one, Solicitor General Elizabeth Prelogar’s mistake was assuming this SCOTUS would be receptive to a textualist argument curbing the power of conservative judges under […]

New Deal democrat’s Weekly Indicators for November 28 – December 2

Weekly Indicators for November 28 – December 2 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. First the long leading indicators turned. Then the short leading indicators turned. Now the coincident indicators are weakening to new expansion lows almost every week. The silver lining is: the first […]

November jobs report: decidedly mixed signals

November jobs report: decidedly mixed signals, most consistent with a still-growing but decidedly weakening economy  – by New Deal democrat  Since early this year I have expected employment to follow the halt in consumption growth, decelerating over time to a stall. This has only intensified given the major decline in growth in payroll withholding […]