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

Can Appointed Heat Officers protect US cities from Extreme Heat? Not Likely . . .

Appointed officials have the life-saving solutions the public needs to stay safe from rising temperatures. But they don’t have political power. Zoya Teirstein . . . Once a month, roughly a dozen people enter a Zoom room to talk about what to do about this. They log on from their desks in Los Angeles, Phoenix, Jacksonville, San […]

Why does JD Vance hate higher education?

American colleges and universities are the envy of the world. The American higher education system is an important driver of the economy. There are those who sneer at the educated. They only expose their insecurity. In JD Vance, Donald Trump has chosen a running mate who has publicly stated that he sees colleges and universities […]

South Dakota’s Noem Releases Social Study Standards Burnishing American History

Noem releases social study standards to burnish American history, AP News SIOUX FALLS, S.D. (AP) — South Dakota Gov. Kristi Noem on Monday released a revised proposal for social studies standards in public schools that lays out a mostly shining vision of American history, after an initial draft of the standards came under heavy criticism […]

Initial jobless claims, ex Hurricane Beryl distortions, remain very positive

 – by New Deal democrat Officially reported initial jobless claims declined -17,000 to 233,000 last week. The four-week moving average rose 750 to 240,750. With the typical one-week delay, continuing claims rose 6,000 to 1.875 million, the highest number since November 17, 2021: On the more important YoY basis, initial claims were down -9.7%, while […]

FTC to Launch Inquiry Into Higher Grocery Prices and Surveillance Pricing

FTC to Launch Inquiry into Higher Grocery Prices by Lucille Barilla @ Retail Wire FTC Chair Lina M. Khan highlighted the FTC’s recent work to stop corporate lawbreaking that raises prices for Americans, including uncovering evidence of corporate conduct that may raise the price of gas, grocery prices, working to lower the cost of many asthma […]

What difference did the COVID vaccine and masking make in the US?

The US economy appears to be emerging from the recent recession (pace the Fed interest rate decisions). There’s a general consensus that that recession was largely caused by the COVID-19 pandemic and consequent supply chain disruptions. What lessons might be learned on how to maximally blunt the impact of future pandemics while minimizing negative economic […]

Why the leading elements of the Establishment Survey in the jobs report still forecast expansion

– by New Deal democrat Continuing my catching up this week, let’s take a look in some further detail about why I didn’t think Friday’s jobs report portended recession – at least, not yet. As I always point out, the jobs report does contain some leading numbers. These are generally employment in more cyclical industries […]