It tends to vary based upon a person’s experience with each profession. For example, what was it about? How did a person interact with the other? Was it positive or negative? What was the outcome? Was there a chance of a positive outcome? Did it have a financial outcome? Could the outcome have a positive […]
I write 15 hours before the TikTok ban. I know almost exactly nothing about Tik Tok (I just installed the app as an act of … well it might not be available the day after tomorrow). I know almost nothing about social media or modern tech. That never stopped me before. The story is that […]
Typically, when I post New Deal Democrat; I will have the link to the post at the end of his economic commentaries. I also include a link to a previous commentary of his of the same topic. New Deal democrat follows the ups, downs, and stagnation of his topics. It is more work. However. I […]
– by New Deal democrat Since I posted earlier about why I follow jobless claims so closely, let me briefly restate why I pay a lot of attention to real retail sales. Retail sales have been tracked for over 75 years. When they are lower YoY, that has historically been a good (not perfect) indicator […]
For much of the world, simply getting enough calories to sustain life is a daily challenge. Among the relatively affluent citizens in the west, wave after wave of dietary fashions encourage us to medicalize food. A recent example is the demonization of “processed” and “ultraprocessed” foods. This has been validated by the Trump nominee for […]
– by New Deal democrat December consumer prices indicate that we are leaving the immediate post-covid era and seeing a rebalancing of sectors, as sectors that declined sharply in the past several years rebound. As in November, the only two categories of “hot” numbers showing price increases of 4.0% a year or more are two […]
As Biden’s presidency winds down, I have tried to collect my thoughts on his presidency, on what went right and (mostly) what went wrong, and why. I want to confess up front that I do not follow “inside the White House” reporting very closely (I have not read any books on the Biden White House, […]
Producer prices join the parade of yellow flags – by New Deal democrat I generally don’t pay too much attention to producer prices, but there are a couple of exceptions. One exception is that sometimes producer prices lead consumer prices by a number of months. That hasn’t been the case recently. But the other exception […]
The Question? How Much Does College Really Cost? – by Phillip Levine EconoFact The Issue: Media coverage of the skyrocketing cost of college is pervasive. Sticker prices approaching $100,000 are jarring for anyone, but particularly for those with limited financial resources. And the sticker shock is not limited to the most selective private universities. Since the mid 90s, sticker […]
Today the Department of Labor released the final jobs report of Joe Biden’s presidency. The nation added 256,000 new jobs in December, a number significantly higher than economists expected. That brings the total number of jobs created under Biden to 16.6 million and makes Biden’s the only administration in history to have created jobs every […]