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

Trump Administration blames the victim

You may have read that the Trump so-called “antisemitism taskforce” recently sent a letter to Harvard effectively demanding management control over the University. Unlike any other university, Harvard publicly refused to comply. Now, the taskforce says the letter was sent by mistake. Sorta. “The university announced its intentions Monday, setting off a tectonic battle between […]

The economics of Trump lawfare

The Trump Administration is weaponizing tax-exempt status to punish its political enemies and enforce viewpoint discrimination. It’s illegal, but can it work? Here’s Josh Marshall over at TPM: “It seems unlikely that these moves would hold up in court. And the organizations are highly likely to sue. But this gets at a critical dimension of […]

For everything there is a season 

Positing that the purpose of an economy is to produce and equitably distribute the requisite goods and services for a given societal unit, that the purpose of government is to provide a societal unit essential services including a well functioning economy, that no form of either is ordained, that it is neither the duty nor […]

The consequences of China Banning the Export of Rare Metals

“A large, slow-moving gun fired at the economy and the bullet is still in the air”  – by New Deal democrat A poster named Micah on Bluesky has written “the China tariffs were a large, slow-moving gun fired at the economy and the bullet is still in the air” By this, he is referring to the […]

Misogyny, Racism, Science suppression

Dr. Jayanta Bhattacharya, famous for leading the charge against lockdowns during the COVID-19 pandemic, appears to be overseeing a reign of terror at the National Institutes of Health (NIH). The immediate targets: women, minorities and respected scientists at the agency. Merrill Goozner GoozNews From various news sources this morning: Do you remember what you were […]

Housing permits and Starts remain rangebound, while Construction declines further; expect Employment to turn down soon

– by New Deal democrat The housing market has historically been led by mortgage rates. And since those have been relatively rangebound for most of the past 2.5 years in the 6%-7% range, housing permits and starts have similarly followed. This morning those trends continued. Total permits (dark blue in the graph below) increased 23,000 on […]

Impact in Thailand from Cutting off USAID Funding

That people in countries on the other side of our planet will suffer because of one person who despises their existence is tragic. I subscribe to The Bangkok Post because I worked there for weeks at a time also. It is a place of wealth and a place of poverty. A couple of dollars means […]

Jobless claims remain well-behaved, while Philly region manufacturing … isn’t

 – by New Deal democrat Initial jobless claims continued to be well-behaved last week. Per this morning’s report, they declined -9.000 to 215,000, while the four week moving average declined -2,500 to 220,750. With the typical one week delay, continuing claims increased 41,000 to 1.885 million – which, despite the big weekly increase, is right in […]

Autism: nature vs nurture

RFK Jr claims he will discover the “cause” of autism by September 2025. He will fail, for the simple reason that we already know that autism is a genetic disease. Poor RFK Jr. His vaccine-autism connection has been a fail, so he’s grasping desperately for something that won’t force him to admit he’s either a […]