– by New Deal democrat The deluge of new monthly data starts tomorrow. Today there’s no significant data, so let me follow up on a point from Friday’s personal income and spending report. I never look to see what others are saying before I finish my own analysis, because I want to be as unbiased as […]
Another change of mind and also in a direction by the US as led by the Donald. Testin other countries or a lack of concentration and direction. Kind of embarrassing as we have a leader who can not stay focused. President Donald Trump appears to have had a change of heart about the United States taking […]
Duncan Black over at Eschaton posts: “One possibility I haven’t seen raised elsewhere is that Trump intends to announce massive tariffs lasting years, the Republicans will “book” this revenue when they do their budget bill, cut taxes on rich people accordingly, and then just erase (some of) the tariffs. “Some budget shenanigans are above my […]
“As of March 27, 2025, a total of 483 confirmed* measles cases were reported by 20 jurisdictions: Alaska, California, Florida, Georgia, Kansas, Kentucky, Maryland, Michigan, Minnesota, New Jersey, New Mexico, New York City, New York State, Ohio, Pennsylvania, Rhode Island, Tennessee, Texas, Vermont, and Washington.” Meanwhile, leaders at the CDC ordered staff this week not […]
No words. Just numbers . . . Student Loan Justice Org. I lied . . . some words. The first, oldest and largest citizen’s group in the nation fighting for student loan justice (Alan Collinge). We are fighting for the cancellation of all federally owned student loans by executive action, and the return of bankruptcy […]
AB: Corporate America wanting more . . . Opponents of higher corporate taxes argue it’s not really corporations, ultimately their wealthy executives and shareholders pay the price. They claim we’re all hurt by increased corporate tax collections and are helped by lower ones through the impact on our jobs, communities, retirement savings, and the economy […]
R.J. Sigmund had this article in his “Weekly” (ending March 29) topics about environment, energy, & related news. R,J. warns “there are big cuts to the CDC afoot with regard to (including at the state level) Covid data collection. It is possible the metrics will no longer published. Or if they do, they’d be less […]
Trump has said trade wars are “good and easy to win.” History begs to differ. The Smoot-Hawley Act and ensuing trade wars were not good for the country and not good for President Hoover. “The 1930 Tariff Act started with the narrow aim of helping distressed farmers but then mushroomed into a wholesale rewriting of […]
“Arctic sea ice makes new record low annual max,” National Snow and Ice Data Center – by New Deal democrat On Sunday I occasionally post about topics of interest unrelated to economics. So today, let’s take note of a significant milestone in global warming. Specifically, the arctic has just had its lowest peak ever for sea ice […]
– by Paul Krugman And why you shouldn’t panic over trade deficits AB: I offer no opinion of Krugman’s thoughts here. Although Paul does state; having a president obsessing with trade imbalances does create issues for the US and the population. To balance out Trump’s obsession, the administration has economists willing to provide arguments to […]