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

The new month of data begins: residential construction positive, job openings negative, and manufacturing mixed

The new month of data begins: residential construction positive, job openings negative, and manufacturing mixed  – by New Deal democrat As usual, the monthly data started out with reports on the two most important production sectors of the economy, namely manufacturing (for October) and construction (for September). Additionally, the JOLTS jobs survey for September was […]

Medical Debt Is Killing Patients who Deny Costly Healthcare

Emergency Physician and Pennsylvania state representative Arvind Venkat, MD has a detail story to tell about the impact of healthcare upon patients who can not afford the insurance, or are under insured, and opt to deny healthcare. And most can not afford the payments resulting from Medical Debt. This is a good plan and the […]

House resale price indexes confirm upturn in prices for existing homes, but do not negate combined price declines

House resale price indexes confirm upturn in prices for existing homes, but do not negate combined price declines  – by New Deal democrat We got more price information about the very important housing market this morning. Through September, the median price of home resales as measured by Case Shiller increased 0.9% monthly. For the FHFA […]

Had Computer Issues

Been busy updating my computer when I ran into an issue. I had paid for the Geek Squad when we bought a new Sony TV for our new house in AZ. I took my lap top into them and they sorted through it all , fixed the issue, corrected some other issues I di not […]

Coronavirus update through October 30, 2023

Coronavirus update through October 30, 2023  – by New Deal democrat No important economic news today, but it’s been a while since I took a look at the COVID-19 data, and there is an interesting trend, so let’s have at it! But first, some bad news. The most reliable data for infections for the past […]

Mao with money

The October 30 issue of The New Yorker has a piece on Xi’s China called “China’s Age of Malaise.” While the mainstream media continues to promote the idea that China has become a wellspring of creativity and economic competition, the reality is that China is retreating into the rigid, sclerotic political dogmatism that characterized the […]