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

The Aftermath of the 2024 Election

US Citizens awaken to their new world. Prof. Heather Cox Richardson at “Letters from an American” has a good take on what is taking place three days after the 2024 Election. She states people are beginning to realize what will take place once a Trump presidency and a mostly Republican Congress begins to implement the […]

How the Fed helped Doom the Democrats

 – by New Deal democrat This is not a formal post about Tuesday’s election. But with the benefit of “revealed preference” a/k/a 20/20 hindsight, it’s pretty clear that the Fed rate hikes were an important part of why Kamala Harris and the Democrats failed. Because we may or may not be experiencing a “soft landing” […]

Shocked, Voters for Trump are Shocked, Shocked After Voting Against Their Own Self Interests

Three days after the election Voters for Trump are finding out what they voted for and how it impacts them. November 8, 2024 – by Heather Cox Richardson Letters from an American Social media has been flooded today with stories of Trump voters who are shocked to learn that tariffs will raise consumer prices as […]

Renewables 2023

Renewables 2023 – Analysis – IEA 2023 saw a step change in renewables capacity additions, driven by China’s solar PV market. Achieving the COP28 target of tripling global renewable capacity by 2030 will hinge on policy implementation. Summary: I have read through this several times now. It is difficult to pull together all the detail […]

Jobless claims: back to almost completely normal and neutral

 – by New Deal democrat Initial jobless claims continued their return to normalcy this week, as they increased 3,000 to 221,000. The four week moving average declined -9,750 to 227,250, which is tied for the lowest number except for two weeks in five months. Continuing claims, with the typical one week delay, rose 39,000 to […]

Economy on Solid Ground “Before Election”

US consumers keep economy on solid ground ahead of election – By Lucia Mutikani Reuters WASHINGTON, Oct 30 (Reuters) – The U.S. economy grew solidly in the third quarter. Consumer spending increasing at its fastest pace in 1-1/2 years and inflation slowing sharply, continuing to defy forecasts of a recession, and outperforming its global peers ahead […]

The economics of healthcare is sick in Vermont

My parents retired to rural upstate NY, where they lived happily for 20 years. But naturally, as they aged, their health declined. At one point, my mom had a pulmonary embolism, and landed in a community hospital in Bennington VT, about 30 miles away. She got the care she needed, but when she was later […]

Potential Bad Year for Housing

Home Sales on Track for Worst Year Since 1995 – WSJ I suspect the same issues with the economy caused by tariffs will also have an impact on housing. Just have to wait and see the impact of Trump tariffs on building materials and internal fixtures such as plumbing, toilets, doorknobs, etc. Much of which […]