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

no emergency in Louisiana, just redrawing voting districts

“What the Court Did in Callais—And Why It Matters” Civil Discourse  Joyce Vance Absentee-by-mail voting was already underway in Louisiana’s primary elections when the Supreme Court handed down its decision in the Callais case on Wednesday. Polling places were preparing for in-person early voting to start on Saturday. But today, Louisiana’s Governor said there was an “emergency,” and that […]

Blockbuster initial jobless claims report suggests unemployment could decline all the way to 4.0%

– by New Deal democrat I wasn’t able to get to either the GDP report or the jobless claims report yesterday. I’m going to hold off on the GDP report until next week, because there was a lot going on, but this morning (before the ISM manufacturing Index comes out) let’s take a look at jobless […]

Stagflationary real personal income, real spending on durable goods were recessionary in March, but consumers and manufacturers haven’t retrenched

 – by New Deal democrat Personal income and spending are among the most important monthly indicators of all, because they give us a detailed look at consumption by the broad range of American households. And since consumption leads employment, they also give us an idea of what is likely to happen with regard to jobs […]

Healthcare Costs

The following (Healthcare Cost Increases) is taken from the longer Employ America piece. His portion touches upon healthcare costs and how those costs impact labor income and hiring. An Increase in healthcare and insurance costs is similar to a tax. As it increases, more money must be set aside having an impact on overall overhead. […]

Iran-China Rail Link

This is going to be interesting. Iran has another route in which to secure supplies, food, ammunition. An ocean/sea/straits can do little (none) to blockade an overland route by rail. From what I have read, it appears China has electrified the route. Electricity powered trains would be more efficient smf ;ess endangered by the US, […]