I rewrote portions of this article and added information from my own experiences in Automotive when new technology is introduced. My experience is not as great when compared to the introduction of EVs. However, it does come close enough to understand what is going on with the industry. Anyways, onwards. As taken from: GM Says […]
Upon hearing the Latin term caveat emptor, we likely think of the Uniform Commercial Code – of legal matters regarding commerce. These days – it turns out – ‘let the buyer beware’ is also very applicable to politics and the media. Fox News isn’t only hiding behind the First Amendment; it is also saying that […]
This commentary by Steve Early is about politics and war. The wars the US politically gets involved in, sends its young off to fight, and then leaves them pretty much stranded. It ain’t all John Wayne and scenes from the Alamo. Steve Early and I have been exchanging emails back and forth on VA healthcare. […]
Prof. Heather giving a news report on the economy and what people are believing based on their politics. The economy has weathered a pandemic, inflation, supply chain events, a war in eastern Europe, dysfunctional Republicans, politics, trump, and it keeps on ticking. I expected more of a 2008 scenario with Congress and the Fed ravishing […]
Some BLS stats on High and Low Income consumers. The differences between the two, spending, what is bought, inflation, essentials, etc. Less is purchased and also more specific is bought by the lower end as compared to a variety of purchases at the upper end. Nice little and simple, readable report. Inflation Experiences for Lower […]
From time to time I argue that the optimal strategy for Democrats is good old egalitarian populism: soak the rich and spread it out thin. I note the polls which have, for 3 decades now, shown that a majority of US adults think that upper income people and corporations pay less than their fair share […]
Weekly Indicators for October 23 – 27 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. With half of reports in, Q3 profits for corporations have made a new all-time high. Meanwhile the stock market has made repeated new 3 month lows. The former is a long leading […]
Vaccination is one of the great triumphs of humanity over infectious disease. Smallpox was such a plague that George Washington mandated inoculation for all Continental soldiers in 1777. Prior to the polio vaccine, most Americans knew a friend or relative who contracted polio; today, it’s virtually unheard of, just like mumps and whooping cough. The […]
Just some economic and political history . . . An October 15, 2008, article in The Washington Post analyzing the origins of the economic crisis claims Greenspan vehemently opposed any regulation of derivatives, and actively sought to undermine the office of the Commodity Futures Trading Commission. If you recall, Brooksley Born was the head of the CFTC. A litany […]
Spending soars, income stagnates, savings sink like the Titanic – by New Deal democrat Real life intruded yesterday, so I didn’t put up any information about the Q3 GDP report. I’ll write in detail next week, but in the meantime there were 4 basic highlights: 1. Obviously it was an excellent report overall. 2. The […]