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

After the Attempted Albertson’s Merger

Kroger is looking to acquire Giant Eagle at ~1.7 billion. So far the FTC has not made a peep. The franchise can be found in Ohio, western Pennsylvania, West Virginia, Maryland and Indiana. “Kroger is again Looking to Acquire Other Supermarket Chains” Is a Merger and Acquisition (M&A) Strategy good for Kroger? Probably as it […]

My Big Picture nowcast and forecast at mid-year 2026 (it may surprise you!)

 – by New Deal democrat Earlier this week I promised an updated Big Picture forecast and nowcast for the US economy, plus a note about how broad or narrow was the participation.  Most commentators either have a financial or ideological agenda – getting you to buy their stock recommendations, or selling you on DOOOM, cherry […]

Academic Ideas to Working Policies Differences in the Public Sector

I do read Dan Zetland’s site the One-Handed Economist from time to time. He does post interesting commentaries which Angry Bear reposts. This happens to be one of the ones I find to be interesting. Soft money versus hard money? What are the differences between either and especially when it comes to physical labor? From […]

June employment report: weakly positive headlines, and important negatives in hours and payrolls

 – by New Deal democrat My Big Theme for the past few months has been that the AI Boom (or possibly bubble) is counterbalancing a stagnant or even shallowly recessionary rest of the economy. After three good reports in a row, the June employment report was very weak, and in some respects even negative. Below […]

Starting off the second half of 2026 (mainly) positive

– by New Deal democrat [Special programming note: Today we begin the second half of the year. On Friday there will be no data due to the federal holiday. Since I haven’t updated my overall nowcast and forecast for the economy, as well as how average Americans are doing economically, I plan to do so then. […]

Increasing Corporate Funding and Spending for Candidates Leading up to the 2026 Elections

Introduction: Nearly one third of all corporate political spending on elections since the 2010 Citizens United decision has occurred in the current election cycle. This is months before the general election, a new report from Public Citizen. I suspect this is more for Republicans then Democrats. “‘A Disaster for Democracy’: Report Shows Surging Corporate Spending in 2026 Elections,” Common Dreams, […]

The Late Rise of Electric Cars

Some introduction and then explanation. A rather brief take on what is going on with the Electric Car in the United States and why it did not succeed. Think Trump . . . President Trump has ordered the elimination of the EV mandate and termination of federal support for EVs. “Quantifying Trump’s impacts on EV […]

Repeat home sales continue to show almost no shelter inflation at all

 – by New Deal democrat Besides affordability being of great importance for potential homebuyers, housing also forms about 1/3rd of the entire CPI. House prices are not a component of the CPI, but historically their trend has led the official component, “Owners’ Equivalent Rent,” by about 12 to 18 months. And for about the last […]

Abbott’s conduct significantly reprehensible with regard to Similac Manufacturing Issues

Having worked in the healthcare field manufacturing products, extraordinary care has to be taken so as to avoid just as happened in the manufacture of Similac. “Missouri Appeals court upholds $495M ruling against Abbott in baby formula case,” Seeking Alpha Abbott is still on the hook for $95M in compensatory damages and $400M in punitive […]

Courts Block Trump Attack on Mail-in Voting

“A court blocked Trump’s attack on mail voting. But voting advocates aren’t celebrating yet,” Save the Post Office Taking from “Save The Post Office,” Presented by long time acquaintance Steve Hutkins and formerly Mark Jamison. Democracy Docket: President Donald Trump’s attempt to attack mail voting and build a national voter registration list took a major […]