Why Trump can’t (and won’t) stop pushing violent rhetoric and images, msnbc.com, Steve Benen, April 2024 Around this time four years ago, Donald Trump used social media to promote a video in which one of his supporters said, “The only good Democrat is a dead Democrat.” The then-president’s team claimed at the time that he watched the […]
Real average nonsupervisory wages near, real aggregate nonsupervisory payrolls at, all-time highs – by New Deal democrat Now that we have the CPI reading for June, we can calculate how average wage earners are doing in “real” terms. First, real average hourly nonsupervisory wages increased 0.4% for the second straight month. On a YoY basis, […]
The Consumer Financial Protection Bureau (2023), received over 1,200 complaints involving credit card rewards. Which is reflective of a 70 percent increase over pre-pandemic levels. Some complaints are perennial issues such as the administration of credit card rewards. Consumers are claiming credit card companies are denying them benefits after they met program requirements. Others suggest […]
By Lynn Parramore Institute for New Economic Thinking AB: As soon as it said Global Supply Chain, I was interested. I spent much of my career working globally in Asia and Europe for various nationalities. I did make some comments in the text of half of this interview. Maybe indulge a little bit and catch the […]
– by New Deal democrat One item I meant to address with this week’s existing and new home sales data was the relative difference in price in the two, and the effect on the relative share of the market. I am following up now because yesterday Kevin Drum put up a post yesterday in which […]
From the NYT: I am not sure what the claim is here. If the idea is that Hamas will get political credit if people do not starve, this is a totally unacceptable reason to withhold food. Maybe the worry is that Hamas will gain political leverage by monopolizing the distribution of food aid and distributing […]
An abbreviated portion of Preston Mui’s “Where High Rates are Restricting Investment,” Employ America. This portion of his economic commentary discusses housing and in particular Multifamily. Preston Mui: The Federal Reserve has held rates at the current level for nearly a year. The majority of the committee appears confident that monetary policy is currently restrictive. […]
– by New Deal democrat This week’s data focuses on house prices and new home sales, and the more important personal income and spending report on Friday. In the housing data I am looking at any movement towards rebalancing between new and existing home sales. To recapitulate, the big increase in mortgage rates has locked […]
I got my first COVID shot in August 2020 as part of the Moderna Phase III trial. Since then, I’ve had four additional jabs. Today, I’ll get another booster with the latest Moderna vaccine. I’m looking forward to it. I did contract COVID last November during a trip to Colorado. I tested positive for a […]
“But then, in 2022“, the Justice Clarence Thomas-authored Bruen decision suggested all gun regulations had to line up with the understanding of firearms the founders had when they wrote the Constitution. “ It seems to me that if Bruen is taken very literally, it implies that the 2nd amendment only applies to muzzle loading firearms: muskets, rifles, […]