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

Population Outlook 2026 to 2056 which Includes Immigration

Keep in mind, as the Baby Boomer population decreases there will be a population shrinkage. Indeed, it is shrinking as I write this short introduction. Replacement rate is at ~1.6 today. Without immigration, the economy could be short of labor as well as other issues. In spite of what Trump believes immigration is an important […]

Oil shocks and real aggregate nonsupervisory payrolls

 – by New Deal democrat As readers know well, one of my favorite “real life” indicators is real aggregate nonsupervisory payrolls, which measures how much in wages average American workers have to spend each month. When it is growing, economic expansions almost always continue; when it declines by any significant amount, recessions almost always ensue […]

Paying for an Unnecessary War Against Iran

A republican controlled Congress is looking to raid the ACA. Republicans consider reductions in federal health spending to help pay for a budget bill containing as much as $200 billion to fund the Iran war and immigration enforcement. Hmmm, does this make sense? Healthcare funding to fund an unnecessary war with Iran. Budget Committee Chairman Jodey […]

Trolling America . . .

Saying insulting or odious things both as attention-seeking behavior and as a way of showcasing their supposedly transgressive political views. I would add to this, it being a matter of control over the meeting and the participants. It unprepared for such trolling, you are left attempting to answer which is typically off topic. The direction […]

So how are those Trump tariffs working out?

The right-wing prophecies: “Leading Trump sycophant Sean Hannity claimed tariffs would generate “a new golden age of American wealth and exceptionalism.” “Fox Business’ Elizabeth MacDonald stated Trump was trying to “reignite a manufacturing golden age.” “Newsmax host Carl Higbie declared, “American jobs being created because we want to make things more fair.” Reality, as we […]

Tax season

The quote “Taxes are the price we pay for a civilized society” (is attributed to U.S. Supreme Court Justice Oliver Wendell Holmes Jr. As we enter the 2026 IRS filing season, you may be treated to the libertarian* propaganda that taxes are just government stealing. In a representative democracy such as ours, the majority has […]

Moving Student Loans to the Treasury Department

While living in Michigan, I was invited to a Garden Party featuring Senator Debbie Stabenow. Being the person I am, I asked on behalf of student having such loans what she was going to do to grant relief to students who are behind, experiencing economic issues, swindled into taking loans to achieve capabilities which do […]