– by New Deal democrat As I reiterated the other day, housing is the one long leading signal of the economy that has been soundly negative – indeed frankly recessionary – for the past year. That trend continued in March, although there are signs of it bottoming out. Without having caused a recession. Let me start […]
Sometimes, you can get the best deals when the economy is not so good. However, you may end up with a higher mortgage rate. One years we purchase a home In Schaumberg, Il for a good price and ended up with a 12% mortgage due to the economy. Since my wife’s mother was living with […]
With Trump messing around with the Middle East, the United States is experiencing higher oil and gasoline pricing. I believe the US is still blocking the Strait of Hormuz. The US and world economy is suffering due to Trump. “Oil Giants’ Profits Soar as Trump’s Iran War Estimated to Deliver $1 Trillion Hit to World […]
Having greater oil reserves gives the UAE leverage to strike out on its own. The UAE nation has not been supplying more oil due to imposed restrictions by Organization of the Petroleum Exporting Countries who act as one exporting group. Or simply stating there is more capacity than demand. And OPEC wishes to keep oil […]
I subscribe to a Dean Baker site. Typically, he is on the economic side of information. This commentary has a little bit of both economics and politics. What to do with Iran when the president is Trump. The rest of the world teeters economically for every action Trump takes. “Trump’s Ignorance Could Kill Millions” Patreon […]
This is a speculative post. I don’t have any expertise in foreign policy. I just want to clarify my own thinking, and posting is a way to force myself to do this. So caveat lector, and let’s see what you all have to add. European leaders seem increasingly willing to criticize Trump. Here is Bloomberg: […]
– by J.P. McJefferson J.P. McJefferson Thoughts Americans are frustrated—and increasingly, they are unified in that frustration. Congress’s approval ratings have been mostly underwater since 1974, averaging 28% approval and 65% disapproval. That’s 52 years, five decades of massive disapproval! They look at Congress and see dysfunction. They look at the executive branch and see […]
From a friend who has worked at the NIH for many years: “Can AI help doctors make better decisions? At NIH, we brought together scientists and clinicians from across the country to explore exactly that. Their consensus was that with continued research, ethical and responsible guardrails, and strong collaboration, AI could become a helpful and […]
Hegseth’s Department of Defense budget increases by $440.9 billion in planned expenditures. More likely than not, more deficit spending on something which will be obsolete in the near future as technology will outrun that version of Defense technology. We shall see, The reasoning for this budget? “For many years, defense spending has prioritized maintenance of […]
Unusual for one SCOTUS judge to criticize another judge openly. Justice Sonia is correct though as Justice Kavanaugh did not take everything into account as to the temporary stops. U.S. Supreme Court Justice Sonia Sotomayor on Tuesday criticized another member of the high court for failing to understand the consequences of an order issued last […]