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

Medicaid and ACA Healthcare Cuts

Briefly, we have not gotten to the place where the impact of healthcare insurance cuts are going to occur. I suspect the impact will be devastating to many US citizens. July 2025, Republicans led by Trump passed the One Big Beautiful Bill Act, otherwise known as the budget reconciliation bill. The law, H.R. 1, has […]

Automotive Manufacturing in Mexico

Since I worked in Mexico for about 26 weeks, I learned quite a bit about what was going on in automotive manufacturing. Some things to understand. The pay is less in Mexico. However, there are benefits for Labor which are covered by government programs.1 “Employee Benefits in Mexico: All You Need To Know.” It is […]

ISM manufacturing for January breaks out to the expansionary upside, with a sidecar of stagflation

 – by New Deal democrat Although it ended almost three months ago, there are still many economic series that have not caught up, including construction spending, which would normally have been reported this morning for December. As of now, it is only updated through October, and November and December are not expected to be reported for […]

Caving on Greenland

A 2000 word read about Trump the president and his interface with Europe which was rather embarrassing for Americans. Threats, invasion threats, and tariff threats are all Trump knows in getting agreements with other countries. It is all he knows and is rather weak in making the threats I know for sure I will not […]

Economically weighted regional Fed indexes for January suggest continued stagflationary pressures [Update: PPI as well]

– by New Deal democrat To briefly reiterate, although the government shutdown ended over two months ago, much of the official monthly data – including on sales and spending – is stale, dating to November and even earlier. So the most current measures of these are the ISM manufacturing and non-manufacturing reports, due next week, and […]

Book Review: “Land is A Big Deal”

Taxing land and not improvements according to the value of the land? Sounds like a novel idea. Review: Land is a Big Deal – The one-handed economist, Daniel Zetland OB recommended this 2022 book by Lars Doucet (LD) because I was asking for advice on lowering rents in the NL. LD writes with a different style from […]

Minnesota

Been to Minnesota camping and canoeing in the boundary waters. Other than swatting mosquitos, it was invigorating the two weeks I was up there. The only other place I have camped (with family this time) was northern Wisconsin on Madeline Island. What has happened in Minnesota is not reminiscent of the state I know of […]

Economic cycle indicators update: the Autumn Shutdown Stall

 – by New Deal democrat Now that we have the very important personal income and spending data through November, here is a look at the widely acknowledged monthly indicators that the NBER has highlighted in determining whether the economy is continuing to expand, or is contracting. The below link includes nonfarm payrolls (blue), industrial production (red), […]

No Meaningful Midterm Elections???

Not sure what Trump would mean by such. He alone can not stop elections. “Trump Keeps Saying We Won’t Have Meaningful Midterms” Bad Crow Review Plus “missionary lizards” and JD Vance, plus homicidally stupid press tricks, plus music. Not in those exact words, of course; even our self-mutilated institutional press would have to report that. But he […]