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

Intel and Trump Administrative Reach Historic Agreement

“Intel and Trump Administration Reach Historic Agreement to Accelerate American Technology and Manufacturing Leadership,” Intel Newsroom SANTA CLARA, Calif.– Intel Corporation today announced an agreement with the Trump Administration to support the continued expansion of American technology and manufacturing leadership. Under terms of the agreement, the United States government will make an $8.9 billion investment […]

New Deal democrats Weekly Indicators for August 18 – 22

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. There were no big changes this week, but what continues to stick out in the data as far as I am concerned is just how strong consumer spending continues to be: weekly retail spending was up nearly 6% YoY, and restaurant reservations – […]

If you Have Not Experienced it yet? Expect Slower Mail Delivery

This commentary by Steve Hutkins outlines the plan Louis Dejoy put in place as the US Postmaster General. I am not too sure where the plan is at in actions at this time. If you are experiencing slower mail delivery, then it has been implemented in your area. Citified areas are less likely to experience […]

Jobless claims suggest our recent good news has been more unresolved seasonal quirks

AB: This is an excellent NDd recital on a not so good jobless claim report. Employment is not improving and as NDd states it appears to be remaining the same. The tariff game Tr__p is playing is not helping the economy and is just another burden in cost which we will all pay. This is […]

Giving to the Ultra-Rich Through Tax Breaks

Talking politics here and probably rightfully so. Tax relief for the wealthy and kicking people off of Medicaid to fund those breaks will not go over big. It appears there is plans to cut Medicare also. Both cuts will be for funding tax breaks for wealthy in income. The highest 10% will average an ~ […]

July retail sales: consumers party on, for now

 – by New Deal democrat As per usual, retail sales are one of my favorite economic indicators, because in the past they have told us a lot about both where the economy is at present, and because consumption leads employment, so much about where the economy is likely to be in the near term future. […]

Leaving the Knife at Home

It is about time, citizens and Democrats confront Trump and push back on him and his administration. Look at these guys masked and wandering around normal citizens These are not criminals they are going to confront. These are citizens who might even be their neighbors. It is no different than the late sixties and early […]

The consumer inflation transition continues, as shelter prices decelerate further, and other sectors show some re-acceleration

 – by New Deal democrat The story of this month’s CPI report is summed up in the first few graphs below: the shelter portion of the index continues its slow deceleration, while the non-shelter portion of the index appears to be in a slowly rising trend. This has resulted in headline inflation trending ever so […]