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

No Meaningful Midterm Elections???

Not sure what Trump would mean by such. He alone can not stop elections. “Trump Keeps Saying We Won’t Have Meaningful Midterms” Bad Crow Review Plus “missionary lizards” and JD Vance, plus homicidally stupid press tricks, plus music. Not in those exact words, of course; even our self-mutilated institutional press would have to report that. But he […]

Shutting Down Minnesota

A piece by Robert Reich is posted earlier today. Robert reports on Minnesota’s reaction to ICE’s efforts in Minneapolis to take control. ICE aggression and harassment of the citizenry is not going over well. People are angry and are pushing back. The citizenry are calling for a shutdown of the state. Given the nature and […]

No mini-recession during the government shutdown, as consumers raided their piggy banks to spend

 – by New Deal democrat The news from this morning’s personal income and spending report for October and November was almost all good – with one major exception. To cut to the chase, real income rose slightly, but real spending rose substantially. Which, if you are following basic math, means that consumers dipped into their […]

Even with a Trump Deal, Drug Prices Increase

As reported by NPR and 46Brooklyn. Much of NPR and other site’s information are taken in part from 46Brooklyn. I have talked with 46Brooklyn before about posting some of their information. The only preventing me from doing so is the length and complexity of Antonio’s presentation. As a non-profit, we at 46Brooklyn have made it […]

No Benefit to Trump’s Great Healthcare Plan

There are no Benefits to Trump’s “Great Healthcare Plan” – Public Citizen Public Citizen Health Care Policy Advocate Eagan Kemp issued the following statement: “Trump’s Great Healthcare Plan is impressive only in the fact that it isn’t great, would not substantively improve healthcare. It is not even detailed enough to be considered a plan. “Trump and his […]

The cat rescue myth and vaccines

My dad, an MIT-trained chemical engineer, was a practical man. He was scornful of efforts to rescue cats out of trees. His response was: “Look around; how many cat skeletons do you see in trees.” Setting aside the merits of the cat rescue argument, the larger point is to use critical thinking to assess whether […]

More evidence of a positive “regime change” in jobless claims: is it tied to the immigration crackdown?

 – by New Deal democrat We will get the very important personal income and spending updates for the government shutdown months later this morning, which should finally tell us whether or not there was a mini-recession during that time. In the meantime, let’s take our regular weekly look at jobless claims, as to which, to reiterate, […]

Section 122 Could Temporarily Replace up to 73% of IEEPA Revenues

Another interesting piece by Federal Tax Policy Vice President Erica York at the Tax Foundation. One premise . . . “an analysis suggests the administration could replace 56% to 73% of IEEPA revenue using Section 122 tariffs.” Over the past week, we received final tariff collections data for 2025 from the Treasury Department, a new Beige Book from the Fed, and a […]

Mark Carney speaks to the World and Canada

“Leaders realize they will not be able to ‘manage’ Trump for the remainder of his term. Reckoning with the fact that the systems of international order that the US helped craft are crumbling as a result” of his controlling personality. “Canadian Prime Minister Mark Carney,” Davos Switzerland The full text of a speech by the […]