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

Giving Farmworkers a Significant Raise in 2020

How much would it cost consumers to give farmworkers a significant raise? A 40% increase in pay would cost just $25 per household, Economic Policy Institute, Daniel Costa and Philip Martin, October 15, 2020 A 40% increase in pay would cost just $25 per household . . . This was up in 2020 at posted […]

John Deere partners with a Battery-electrified Product Manufacturer

This is interesting. John Deere a manufacturer of gasoline driven equipment is partnering with an international company owned by Chevron and is based in Nanjing China. EGO is led by CEO Long Quan Pan (title: Chairman/CEO/Executive Director/Co-Founder, Chervon Holdings Ltd.). My initial thought was, why doesn’t John Deere buy EGO out right making it a division […]

How Big is a Burger King Whopper?

Burger King Whopper is 4 ounces. A Wendy;s single is 4 ounces. The real question is, can you misrepresent a product in advertising? Everyone may know the product is not what it is claimed to be. It is a sales gimmick meant to entice you. However, does this relieve the seller of responsibility for misrepresentation? […]

New Deal democrats Weekly Indicators for August 28 – September 1

Weekly Indicators for August 28 – September 1 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. The long leading indicators continue to forecast that a hard landing is out there, while the short leading indicators – aided by a sharp increase in consumer spending in the past few […]

Why the Democrats’ love affair with ‘free trade deals’ is over

I believe the key words here are taking a break from free trade. Mostly too, I believe the free-trade-motif (so to speak) has been used enough times to line the pockets of the upper income percentile. Time for a change. While labor has disappeared to overseas facilities, the nation has not moved in a direction […]

Rule Changes Offer Little Relief as Student Loan Payments Resume

If I was new to this dilemma, I would believe this is better news than prior announcements. But it is not good news, it is news coming too late for the borrowers holding exaggerated debt due to penalties, consolidation fees, interest, interest on that interest, and rate changes. If this was said a decade ago, […]

August jobs report: deceleration shows up in spades

August jobs report: deceleration shows up in spades  – by New Deal democrat My focus remains on whether jobs growth continues to decelerate, particularly manufacturing and residential construction jobs, but also total construction and goods production jobs as a whole; as well as watching for the increase in jobless claims to translate into a higher […]

Building a Mixed City Use Concept from Scratch

To pull off the project, the company will almost certainly have to use the state’s initiative system to get Solano County residents to vote on it. The hope is voters will be enticed by promises of thousands of local jobs, increased tax revenue and investments in infrastructure like parks, a performing arts center, shopping, dining […]

Payday Lenders Gave Millions to Republicans Backing Efforts to Destroy CFPB

These people are the lowest of the scum. They were always a shady type of business. There efforts were to target low-income neighborhoods. There actions are to keep their customers victims on a never-ending cycle of dependence through predatory practices. The high-interest rates and fees makes it difficult for borrowers to repay the loan. It […]