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

Promises Made and Not Kept to Secure Confirmation

Taking this piece from “MedPage Today,” a site that I follow from time to time when the articles are interesting. I had worked in various segments of the medical supply and pharmaceutical industry planning the needs of various product. It is interesting enough to keep one on their toes. Not much of a surprise in […]

AI data center and electricity supply production as drivers of industrial production and capital goods spending

– by New Deal democrat There is more and more accumulating evidence that manufacturing, at least in the aggregate, is something close to Booming. That message was apparent in yesterday’s durable goods orders report for December. While the headline number (blue in the graph below) declined -1.4%, the three month average for this very volatile […]

SCOTUS overturns Trump tariffs

“The justices, divided 6-3 held that Trump’s aggressive approach to tariffs on products entering the United States from across the world was not permitted under a 1977 law called the International Emergency Economic Powers Act (IEEPA).” *snip* “The decision does not affect all of Trump’s tariffs, leaving in place ones he imposed on steel and […]

Bearing the Cost of Tariffs

Good explanation on who pays the tariffs imposed upon imports by Trump. Who Bears the Cost of Tariffs? Liberty Street Economics Mary Amiti, Chris Flanagan, Sebastian Heise, and David E. Weinstein The next chart shows how global supply chains shifted in response to the higher tariffs. We plot import shares by country (or region) for […]

Holding the Newly Built and Paid for by Canada Bridge Hostage

How many more times will the fool in Washington D,C, embarrass Americans to the rest of the world??? “Anatomy of Ignorance — and Corruption,” Jack Lessenberry Donald Trump and the Morouns, owners of the Ambassador Bridge (Editor’s Note: If you’ve been reading me regularly, you know I’ve written twice recently about Trump’s outrageous move to prevent […]

Presidents’ Day week jobless claims pose a quandary

– by New Deal democrat Later this morning I’ll discuss yesterday’s positive durable goods orders release, and in that context, I’ll also have more to say about the likely reason why industrial production also improved so much. Tomorrow we’ll get personal income and spending, and new home sales, both from December, as well as the […]

An Interview with Talarico

I can not find much in written text to play here. However, you can listen to the Colbert interview of James Talarico. If I find more information on this candidate, I will, of course post it. Many important issues in this interview. Stephen Colbert hosts Texas State Rep. James Talarico for an online-exclusive interview that […]

Trump’s Fix for Healthcare is to Make It More Difficult to Obtain

You shouldn’t have to pay $thousands for healthcare. You should be able to obtain healthcare at a reasonable cost. Millions of citizens have been pushed out of healthcare programs as they were disqualified. There was a time in the past when healthcare costs were better. It has become more of a profit center for corporations. […]

Worried About AI?

J.P. McJefferson talking Artificial Intelligence. “’We’ve been here before.’ Every generation has its technological scare story.” Photo by Steve Johnson on Unsplash Why Should I Be Worried About AI? J.P. McJefferson Thoughts For many people, the current anxiety about artificial intelligence feels overblown. They say, “We’ve been here before.” Every generation has its technological scare story. In the […]

Global Economy and the United States

Our fearless leader (who never had much to fear in his lifetime) is recasting the economics of this nation more to his liking. There may(?) have been a time year (decades?) ago when doing so would not be much of an issue. This due to the United States economic size and power globally after WWII. […]