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

Trump’s 2017 Tax Cuts Did Not Pay for Itself. Congress will Still look for Spending Cuts

Can Trump cut Government spending even more? Yes, he probably could. It would be detrimental to the United States citizens. It appears we concerns about spending exceeding tax receipts in 2025 and creating deficits. There is a solution to all of this. Passed under Reconciliation, Trumps Tax Cuts and Jobs Act (TCJA) was to pay for […]

Trump administration to restore $12 million for pro-democracy Radio Free Europe

Judge orders Trump administration to restore $12 million for pro-democracy Radio Free Europe, Associated Press The story A federal judge on Tuesday ordered the Trump administration to restore $12 million that Congress appropriated for Radio Free Europe, a pro-democracy media outlet at risk of going dark for the first time in 75 years. US District […]

“You don’t need a weatherman to know which way the wind blows*”

Steve Greenhouse, “Trump’s second term will be the worst presidential term ever,” as featured by The Guardian. Going on 4 months or 120 days if one is counting days. As a nation, we are experiencing the worst episode within this nation ever imagined. No war, outbreak, recession, or even the Great Depression has threatened us […]

Gutting the Consumer Financial Protection Bureau (CFPB)

A bit of recent history for the Consumer Financial Protection Bureau (CFPB) Each week we send more than 50,000 complaints about financial products and services to companies for response. If another agency would be better able to assist, we’ll send it to them and let you (the consumer) know. Most companies respond within 15 days. […]

Republicans Kicking Americans Off of Medicaid

Yesterday (28th) I introduced the 1st half of Charles Gaba commentary. In case you forgot what it was, you can find it here: Twenty-one Million Americans to Lose Healthcare – Angry Bear for reread. Charles does a thorough job of discussing what Repubs are planning to do to a sizeable number of citizens. To the […]

Supply Chain and Manufacturing in the US

I will simplify this to a manner in which I have worked in for almost 50 years. The big issues around manufacturing are the Infrastructure (bldg., machinery, etc.), Overhead, and Labor. All of which is a part of the cost of manufacturing. Typically, you will find the infrastructure to be a onetime price. Overhead has […]

Twenty-one Million Americans to Lose Healthcare

Republicans taking away healthcare from “poor” Americans to fund tax breaks for the 1% which would include billionaires (as if Musk and others are struggling). I believe it is time to put some of them back in the Labor Force. Republicans have decided which 21 million Americans should lose their healthcare, – Charles Gaba ACA […]

Alien Enemies Act has triggered memories

Relocation Officer William Husso checks departure list at the Gila River Relocation Center in Rivers, Arizona, on Sept. 15, 1945, as evacuees returned to their former homes in California. (War Relocation Authority photo from the National Archives) “President Trump’s rare use of the Alien Enemies Act triggering memories of the country’s dark chapter of Japanese […]

A Win for Louisiana Wetlands

“It’s a huge victory not only for the parish but for the coast of Louisiana. It’s huge because we finally can hold responsible (a) party who destroyed this coast, knowing that they could do better,” said trial lawyer John Carmouche. He spearheaded the Plaquemines lawsuits against Chevron and about three dozen others. On the other […]

Independence of the Fed

Claudia Sahm documenting the personal attack by Trump on Fed Chair Powell and his actions concerning the economy. Typical modus operandi by Trump to critique the person’s intellect and capability . . . “A crash course in Fed independence,” Claudia Sahm With recession odds rising and the stock market down, it is no surprise that […]