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

It ain’t over, folks

Here we are in a presidential election year, and one of the two major party candidates certain to get the nomination is still claiming the last one was stolen from him. Now, he refers to the criminals who were tried, convicted and sentenced to prison over their Jan 6 crimes as “hostages.” When did the […]

The attack on the U.S. Capitol to prevent the counting of the electoral ballots 

Probably getting tired of reading this. I can not think of any good reason to quell commentary on the attempt by a president, senators, and representatives to overthrow the US government. That they still walk free is repugnant. January 6, 2024, Letters from an American, Prof. Heather Cox Richardson Today, three years to the day […]

In-Box Topics Which May Be of Interest

Another array of emails collecting in my In-Box offering up articles besides junk. Some interesting reads and others not so. Picked what I thought might be the best. Some are hawking subscriptions too. I like to subscribe to newsletters and magazines. The problem being never getting a chance to finish reading them all. Climate and […]

Being grateful for one big thing Baby boomers did Part II

Part Two of Being grateful for one big thing Baby Boomers did. Part I can be found here as written by Andy Kiersz. Gen Z, Millennials Should Stop Complaining About Baby Boomers, Economy, business insider, Andy Kiersz Excellent Charting done by the author Andy Kiersz. Detail taken from the Census Bureau, BLS, Penn World Tables, Federal […]

New Deal democrats Weekly Indicators for January 1 – 5

Weekly Indicators for January 1 – 5 at Seeking Alpha  – by New Deal democrat I forgot to post this over the weekend, so here it is now: my Weekly Indicators post up at Seeking Alpha. I’ll put a post up later taking a detailed look at some aspects of Friday’s employment report.

Remembering the Participants of January 6, 2020

Those who were trying to overthrow the United States Government for personal gain. “When the Senate reconvened at 8 p.m. and the House of Representatives an hour later on January 6, 2020, the proceedings including the objection debates were continued. Some lawmakers who had previously planned to vote with the objectors stood down following the occupation of […]

Actually, Only Banks Print Money

Asymptosis » Actually, Only Banks Print Money, Steve Roth I’m thinking this headline will raise some eyebrows in the MMT community. But it’s not really so radical. It’s just using the word money very carefully, as defined here. Starting with the big picture:  You can compare the magnitude of these asset-creation mechanisms here. (Hint: cap gains rule.) The […]

This Time It’s Different ?

I guess this is the latest installment in my soft landing series. However, it might also be a warning of terrible trouble in the fairly near future (next 5 years). It is certainly proof (if more were needed) that I am clueless. The topic is the US housing market. This is highly related to the […]

December jobs report: consistent with a “soft landing,” despite discordance in household data

December jobs report: consistent with a “soft landing,” despite discordance in household data  – by New Deal democrat My focus remains on whether jobs gains are most consistent with a “soft landing,” i.e., no further deterioration, or whether deceleration is ongoing; and more specifically:  The news on all three was good. The six-month average of […]