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

Punctuation And The Second Amendment

Punctuation And The Second Amendment  For most of American history since the Second Amendment was adopted the courts interpreted it as tying the second portion of the amendment to the first part of it. Thus the “right to bear arms” was tied to the need to establish a “well-regulated militia.” The “state” was seen as […]

Initial and continuing jobless claims continue moderating trend

Initial and continuing jobless claims continue moderating trend Initial jobless claims declined 8,000 to 210,000 last week, continuing above the recent 50+ year low of 166,000 set in March. Meanwhile, the 4-week average rose by another 7,250 to 206,750, compared with the all-time low of 170,500 set seven weeks ago.  Continuing claims also rose from […]

A Certain Model of an Ideal Man

Kind of how we got to today’s environment of protecting various types of bullet-spewing-weapons. May 26, 2022 Professor Heather Cox Richardson One of the key things that drove the rise of the current Republican Party was the celebration of a certain model of an ideal man, patterned on the image of the American cowboy. Republicans […]

The future of COVID-19

It appears that, vaccines nonwithstanding, COVID-19 will be endemic for a long time. Enforcing masking and social distancing/lockdowns are not sustainable in American society. We need engineering fixes that don’t depend on each person’s sense of civic responsibility. Kevin Drum points to two engineering fixes that would dramatically reduce infection rates: better ventilation and installation […]

Duplicity in The Court’s Rulings

I started writing this a while back. Never put it up, was too busy doing other things like writing about healthcare and trying to finish a long post on pharmaceutical pricing replete with how the PBMs function and the kickbacks, discounts, chargebacks or rebates, cash discounts, free goods contingent on a purchase agreement, upfront payments, […]

Inflation reversals as unique markers of Boom and Bust cycles vs. Fed interventions

Inflation reversals as unique markers of Boom and Bust cycles vs. Fed interventions As I’ve already mentioned a couple of times, I am seeing posts from the usual DOOOMERS warning that a recession is imminent, if we’re not already in one. Typically – again, as per usual – they cite data that they never bothered […]

May 23rd Planted Progress Report

Planters have been running all out over the last few weeks as the envelope to get spring planted before summer heat and drought sets in even further. We will start with what the market was expecting yesterday and the results of the USDA Planted Progress Report as of yesterday. Discussed at length on yesterday’s Go […]

Outlawing Abortion, It is a costly Endeavor

Boston Public Radio May 19th episode held a discussion of the consequences for the nation when abortion is outlawed. The guest was Jonathan Gruber, the Ford Professor of Economics at MIT. He was involved with the ACA and the Mass health insurance system. Getting right to it: Based on studies: Women who wanted an abortion […]

SPR and Supplies Low, Total Oil and Products the Same

RJS, Focus on Fracking Summary: Strategic Petroleum Reserve at a 34 year low, US oil supplies at a 17 year low, total oil + products  inventories at a 13½ year low The Latest US Oil Supply and Disposition Data from the EIA US oil data from the US Energy Information Administration for the week ending May 13th indicated that after a jump in […]

LBJ, a man with gargantuan appetites and ambitions

I stole this comment from a place from I read on a regular basis. An Incredible commentary. Having grown up in that era, I felt it had merit and believe the commenter gets it right. The programs mentioned here are under attack by Republicans. SCOTUS is using nondelegation as the basis to dismantle programs. Congress […]