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

New Deal democrats Weekly Indicators August 25 – 29

Weekly Indicators for August 25 – 29 at Seeking Alpha  – by New Deal democrat  My “Weekly Indictors” post is up at Seeking Alpha. The most significant benefit of these high frequency indicators is to alert you of possible changes in trend that are unexpected. In the case of the past several weeks, that would be the […]

July real income and spending rebound, keeping the expansionary trends intact

 – by New Deal democrat Last month I concluded: “This was a very weak report, although not negative. If there were not distortions from the front-running of tariffs earlier this year, it would come very close to meriting a ‘recession watch.’  But by next month, the payback from this previous front-running should have largely abated. If […]

“what each individual will bear”

First-degree price discrimination is now . . . or “it’s not what the market will bear but what each individual will bear.” The one-handed economist Economists dislike monopolies because they reduce “surplus” — relative to a market with perfect competition — by restricting quantity supplied to increase prices. The figure below compares consumer surplus (CS) to producer(s) surplus (PS) […]

Social Security COLA conundrum

“The 2026 COLA is likely to be 2.7%, according to a recent projection by The Senior Citizens League. That’s a notch above this year’s COLA of 2.5%, which bumped up the average monthly benefit by roughly $50 for retired workers, and applies to more than 70 million retired senior citizens and disabled workers.” But does […]