Godwin’s law states: “As an online discussion grows longer, the probability of a comparison involving Nazis or Hitler approaches one.” In my experience, a similar law applies to the words “socialist,” “communist” and “Marxist.” All three words are used interchangeably and as epithets, not descriptions of governments or economic systems. Let’s start with Marxist: “The […]
Louisiana Court proposed Homeless Program, “Streets to Success Act“ AB: I do not believe this is a “failure to communicate” law as much as a failure to provide a place for people to go, sleep, and make a living. What do you do at that point? The state and county put you to work in […]
– by New Deal democrat Consumer spending is about 70% of the economy, and retail sales is our first wide measure of that spending. This morning’s update for March (still after all these months delayed about a week compared with the schedule before last autumn’s government shutdown) was unsurprisingly dominated by what happened at gas stations. […]
A year later, here’s where things stand on Trump’s manufacturing revival . . . What happened when Trump put a stack of tariffs into play? Not much good is happening for Labor, In the first place the amount of Labor in manufacturing has been declining for years due to manual machining going to multi-functional NC […]
Mortgage Payments and the Vibecession: Homeowners’ “Cost of Living” Mortgage payments are most owner-occupiers’ biggest monthly cash outlay. And they’re way up. Steve Roth — Wealth Economics I came across a pretty eye-popping economic fact recently: The typical payment on a new mortgage for an average American residence has ~doubled since 2019.1 It was $913 in Dec. 2019; […]
– by New Deal democrat So much of the changes to the economy has been dictated by the whims of the White House that it has not made much sense to throughly update the suite of long leading indicators in many months. After all, why chart their incipient effects when they are consistently being overtaken by […]
I went to high school with Charlie Ergen (see pic). He was two years older, so he was a senior when I was a sophomore. He was on the basketball team and student council as well as being senior class president, so we didn’t share any classes or extracurricular activities. He graduated with a BA […]
The old saying of: “If you have done nothing wrong, you have nothing to worry about.” Except 40-year old local white guy was stopped and they were ready to take me in. There is some truth to this. I can understand why people are worried when stopped by authorities. I have been stopped, questioned, and […]
Unemployment has increased for U.S.-born workers in the face of mass deportations: Trump’s draconian immigration enforcement is harming all workers. Economic Policy Institute, April 3, 2026 During the 2024 campaign, Donald Trump and J.D. Vance promised that mass deportations and a crack-down on immigration would open up jobs for unemployed U.S. citizens. The theory was […]
As Americans Struggle With Soaring Prices, Trump Says $4 Gas Is ‘Not Very High,’ Common Dreams President Donald Trump on Thursday brushed off Americans’ concerns about paying $4 per gallon of gas, telling a group of reporters that this price is “not very high.” While speaking with journalists on the White House lawn, Trump was asked by a reported […]