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

Industrial production continues to falter in May

Industrial production continues to falter in May  – by New Deal democrat My final update this morning is for industrial production, the King of Coincident Indicators, which has most frequently corresponded with peaks and troughs in economic activity as determined by the NBER. The news for total production was not good, as it declined -0.2% […]

CMS and CBO consistently overestimated the growth in health care spending

National Health Expenditure Projections, 2022–31: Growth To Stabilize Once The COVID-19 Public Health Emergency Ends, Health Affairs, National health expenditures are projected to have grown 4.3 percent in 2022, slower than nominal gross domestic product (GDP) growth of 9.2 percent, leading to a decrease in the projected health spending share of GDP from 18.3 percent in 2021 to […]

Open Thread June 17, 2023 Students Loans

Maybe you have been unaware of it, the repayment of student loans is to begin again come September 2023. President Biden had stopped all payments and interest accruing early on during the Covid Pandemic. Offering up reductions of ten to twenty thousand in reductions for outstanding loan was apart of the president’s plan. For many […]

Delivering a New Deal to the American People

This is taken from Prof. Heather’s June 15, 2023, Letters from an American. It begs the question of why can there not be another New Deal for Americans? When he accepted the Democratic nomination for president in July 1932, New York governor Franklin Delano Roosevelt vowed to steer between the radical extremes of fascism and […]

Love of the Land and Community Inspired the Montana’s Youth Climate Change Lawsuit Against the State Goes to Court This Week

Love of the Land and Community Inspired the Montana Youths Whose Climate Lawsuit Against the State Goes to Court This Week, Inside Climate News, Richard Forbes. For the plaintiffs in the first youth climate lawsuit to go to trial, finding their voice and inspiring others has been as much a salve for their climate grief […]

Initial and continuing claims edge closer to signaling recession

Initial and continuing claims edge closer to signaling recession  – by New Deal democrat There’s a blizzard of data this morning. I’ll report on retail sales and Industrial production later. But let’s start with initial jobless claims, which were unchanged this week at 262,000, the highest level in over 18 months. The 4 week average increased […]

Here’s what Republicans get Wrong about the Student Loan Debt crisis

What is exciting about this op-ed is not just the topic but the writer Lisa Ansell. Ms. Ansell is the Associate Director at the Casden Institute for the Study of the Jewish Role in American Life. She definitely has the band width in adding to the fight for student loan relief for the 46 million […]

“Sabotaging a nation’s future”

“Sabotaging a nation’s future,” Infidel753 Blog, Infidel753 The government of India recently issued new guidance on schooling.  If implemented as described and made permanent, the changes will be disastrous for the country’s future. The theory of evolution — the core and basis of all modern biology and most medical science —  is to be dropped, except for […]

Quite a Chyron, CNN marks the first time in U.S. history a former President is charged . . .

June 13, 2022, Letters from an American, Prof Heather Cox-Richardson It was quite a chyron from CNN, marking the first time in the history of the United States that a former president has been charged with federal crimes. And in this case, what crimes they are: the willful retention, sharing, and hiding of classified documents […]