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

Jobless claims have a poor week, rising to multi-month highs

Jobless claims have a poor week, rising to multi-month highs  – by New Deal democrat Initial claims for jobless benefits rose 17,000 this week to 240,000, a 3 month high. The 4 week average also rose by 5,500 to 226,750. Continuing claims one week ago rose 48,000 to 1,551,000, the highest number since March: While […]

When Economic Distress Becomes Terrorism

“The Bell: When Economic Distress Becomes Terrorism,” thebell.blogspot.com, “Tom Dinger” What has changed since February 24, 2010? Have things gotten any better since then or 911? Are we still looking at an economic sinkhole for many people? In the last two years, programs were put in place to rescue people in spite of politics. What […]

Moms, Kids, and the Makeup of Congress

What matters most to families, moms who have to make things happen, and dads who struggle to provide for their family. This is a rerun from “Annie Asks You” emphasizing our job is not done. The work is unfinished and for a brief moment we came close. We are not done. I hope you enjoy […]

The Anti-Racism of Fools

Peter Dorman at Econospeak The Anti-Racism of Fools Antisemitism has long been intermingled with movements against injustice and elite control.  This is because the most widespread image in the mind of antisemites is the existence of a secretive cabal of Jews who control global finance and promote liberal-sounding ideas only because it serves their nefarious […]

Where are we with Social Security and Medicare?

“Social Security and Medicare finances bolstered by growing economy,” (axios.com), Neil Irwin. Two different pieces of information going on here. The pie chart below shows were we were in 2021 for Medicare. I have not compared the pieces of information to see if they conflict. I do not have charts for Social Security, I can […]

Housing; permits and starts falling, under construction continues slow rise

Housing permits and starts continue to fall, but housing under construction continues to (slowly) rise  – by New Deal democrat  The monthly numbers for housing permits, starts, and single family permits all declined this month. Permits (red in the graph below) declined -38,000 annualized to 1.526 million annualized, and starts (blue) declined -62,000 annualized […]

America’s Missing Workers, Who Are They?

Before you start chattering at me about this and that detail, let’s get an understanding. I am supply chain and manufacturing or manufacturing and supply chain. If there was a job opening in either and with appropriate pay, I was more than likely in. Companies hiring me usually did so because they had a problem. […]