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

Jobless claims: unresolved post-pandemic seasonality appears once again

 – by New Deal democrat One of the main reasons I include the last two years when I write about initial and continued jobless claims is that a distinct unresolved post-pandemic seasonality has developed. Even after seasonal adjustment, claims have tended to rise in the late spring towards the summer, and then decline beginning in late […]

RFK Jr and the clock that strikes 13

One of my favorite aphorisms, for which I haven’t located the source, is: “There’s something about the sound of a clock striking 13 that calls into doubt everything that came before.” That came to mind when I read about RFK Jr’s “Make America Healthy Again” report: “ The Washington Post reported, “Some of the report’s […]

Updating the status of tariff-palooza!

 – by New Deal democrat There’s no significant new economic data today, so let’s take an updated look at the downstream effects on the supply chain and retail sales so far from T—-p’s tariffs. To begin with, at least some of the tariffs are indeed in effect. Here is a graph from Ben Casselman of The […]

Medicare Advantage (MA) plans overpaid by 22 to 39 percent

A Brief designed explanation taken from the Center for American Progress commentary and analysis. It finds Medicare Advantage (MA) plans are overpaid by 22 to 39 percent. Instead of overpaying Medicare Advantage the curbing of MA overpayments should be used to improve the Medicare program for all beneficiaries. This is nothing new and I have […]

A Couple of Economist Views on Tariffs

First, my opinion. If anybody thinks this is not holding Trade with the US hostage until the other country concedes, they are crazy. Trump is obviously flexing our muscle to gain political advantage and a venue in which to brag. The only thing a tariff will do is protect an industry for a short period […]

The art of the fake deal

The latest meme around the Trump tariffs is TACO: Trump Always Chickens Out. Savvy traders are buying on the TACO tariff dips and selling on the TACO caves. And those caves are popular. “Yesterday, the Conference Board reported that in May consumer confidence surged by 12.3, the largest monthly increase in four years. Bloomberg said […]

Trump hates local government

I recall a time when the Republican Party stood for small government and local control. The grandiose Trump GOP cult has abandoned that principle in favor of meddling in anything and everything public and private that Trump opposes. “The administration has threatened to hold back the funds and permissions unless New York stops charging tolls […]

President Donald Trump opened Memorial Day in the most disgusting way possible

U.S. President Donald Trump opened Memorial Day in the most disgusting way possible, not by praising our fallen heroes but by attacking Democrats. He wrote on his Nazi-infested social media site on Monday morning: Happy Memorial Day to all, including the scum that spent the last four years trying to destroy our country through warped radical left minds . […]