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

Reshoring and FDI Jobs Increase a Record 53% at the End of 2022

I suspect some of the magnitude of job increasing claims are subsiding with the automotive sector backing off on EV vehicles. The trend is there. It will grow over time. The US tires of having to deal with medical supply issues during the pandemic, semiconductors, and the supply chain. The backup of containers on the […]

Texas’s Crimes Against Humanity Causes the Deaths of Three at the Border

January 17, 2023, Letters from an American, Prof, Heather Cox Richardson Texas attorney general Ken Paxton responded this evening to the federal government’s demand that state troops give U.S. Border Patrol agents access to Shelby Park in Eagle Pass, Texas, the site where three migrants died last week as they tried to cross the Rio […]

high corporate profits are/were a (main) driver of ongoing inflation

It appears like someone is waking up to a reality. When they can, corporations will take advantage of an economic event to increase margins resulting in increasing profits. They will call up and say they are increasing prices, take it or leave it. When your customer is one of the big three, you take it. […]

Sports Illustrated RIP

I remember reading SI occasionally when I was a kid. I liked the writing and the photos. As a long-distance runner, I was mostly interested in articles on track, cross-country and marathons. I wasn’t interested in ball sports. And don’t get me started on calling auto racing a “sport.” I see where Sports Illustrated is […]

2 Posts on 2 Articles II : this time it’s less pedantic

Just below, I express my shock caused by the disappearance of basic copy editing, blocking, and tackling at The New York TImes, but, in this article, I want to discuss substance. The article on what President Nixon did in 1979 is, aside from that little slip, very interesting. It notes that people in Taiwan are […]

New Deal democrats Weekly Indicators January 15 – 19 2024

Weekly Indicators for January 15 – 19 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. The big headlines yesterday were that stocks made a new all time high, for the first time in two years. Meanwhile, estimated plus actual earnings so far for the 4th Quarter of […]

“On-the-fence voters” are OK with Trump’s contempt

According to yesterday’s navel-gazing piece in the Boston Globe*, “on-the-fence” voters are edging to supporting Trump because they feel looked down upon by Democrats. WTF? Do they seriously believe that Trump *doesn’t* look down on his supporters? It is blindingly obvious that the only person on the planet that Trump cares about is Donald Trump. […]

Briefly noted: existing home sales appear to be bottoming near 30 year lows as prices continue to firm

Briefly noted: existing home sales appear to be bottoming near 30 year lows as prices continue to firm  – by New Deal democrat Last month I wrote that existing home sales “are likely in the process of bottoming, as they have been in the range of 3.79 million to 4.10 million for the past five months:” […]