by Heather Cox Richardson Letters from an American AB: More dialogue on the less than 3% increase in inflation. The July report for consumer prices from the Bureau of Labor Statistics, which came out today, showed that prices rose less than 3% in the previous twelve months. Core inflation has fallen to its lowest rate […]
AB: Run down on the Trump – Musk Get Together by Bill Kristol I’m grateful to Andrew for listening to Donald Trump and Elon Musk last night and sparing me that unpleasantness. But I did listen to some of the clips this morning. Here’s my take: Trump’s awful. This is, I acknowledge, not breaking news. […]
Workers are getting $3/hour. Usually, we tip well beyond 20% of the bill. Maybe it is just because we struggled at times. Some of AZ’s legislators should be working for $3/hour and getting tips if they do a good job in the legislature. It does not appear they are representing people. The last go around […]
Consumer Price Index – July 2024 (bls.gov) The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, after declining 0.1 percent in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the All items index increased 2.9 percent before seasonal adjustment. The index […]
– by New Deal democrat The CPI for July continued all of the trends I have been writing about for the past year or more: – Headline and core CPI continue to slowly decelerate. – energy inflation is non-existent – shelter inflation remains very elevated but continues to declerate, following house prices. – all prices […]
About ten years ago, we had 22 solar panels installed on the roof of our St. Louis house. Half the cost was paid by Ameren, the electric utility, and we got a 30% tax rebate on the balance. But even with reversible metering, we hadn’t made back our cost when we sold the house two […]
– by New Deal democrat In the paradigm popularized by Prof. Edward Leamer 20 years ago, motor vehicle sales are the 2nd domino to fall, after housing, in the procession of sectors that turn down prior to recessions. I haven’t updated this in a while, so let’s take a look. As an initial matter, the […]
There should not be political issues with or in healthcare. Healthcare is a social responsibility to be brought to all people in this nation without regard to citizenship. Yet we still find many citizens resistant to healthcare availability. And why should there not be? If they are sick, why not cure them so as to […]
It Doesn’t have to.” make people sick. Elizabeth Allen of Vera Institute of Justice talks to one prison head Michael Capers. To get visitors, meant a prisoner would have a chance to buy snacks out of the visitor vending machines. If you ever go, bring a couple of rolls of quarters to feed the machines. […]
Producer prices remain tame – by New Deal democrat Producer prices for final demand (blue) rose 0.1% in July, while upstream raw commodity prices (red) rose 0.7%, close to their highest monthly increases in the past two years: In the larger pre-pandemic scheme of things, the one month rise in commodity prices is not a […]