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

Who Voted Against FEMA Relief Before Helene Battered Their Home States

As Category 4 Hurricane Helene approached the Florida Panhandle, a number of Republican senators and representatives voted against supplementing disaster relief in a government funding extension which was passed by both houses of Congress. Many of the Republican lawmakers voted against the provision of additional necessary funding to the Federal Emergency Management Agency (FEMA) represent states that were hit particularly hard by Hurricane Helene. […]

Cage Wrestling Returns on October 1 Vance v Walz

Is it ok to forgo the “needless to say” phrase to introduce an idea or expectation already known? Yeah probably. What is going to happen on October 1 is a cage fight or no holds barred mental-wrestling event with no physical contact. The two VP candidates will go at it on national TV with probable […]

Personal income and spending hits a triple, plus a big positive surprise revision

-by New Deal democrat The monthly personal income and spending report is now the most important report of all, except for jobs. That’s becuase it tells us so much about the state of the consumer economy. It is the raw material for several important coincident indicators that the NBER looks at, as well as several […]

The 2020 Election’s Biggest Villains is Back and is Again Messing with the USPS

Louis DeJoy, the Trump-appointed head of the United States Postal Service (USPS), is screwing with the 2024 election. His failure could impact the outcome of a close election. If it is close. With the help of a former NC postmaster and Steve Hutkins of Save the Post Office, we have been tracking the lack of […]

Withdraw!

At https://www.c-span.org/video/?538053-1/simulcast-abc-news-presidential-debate under racism/racial identity @ ~120 mins. Donald J. Trump Per transcript: I DON’T KNOW. ALL I CAN SAY IS I READ WHERE SHE WAS NOT BLACK THAT SHE PUT OUT… I WILL SAY THAT. AND THEN I READ THAT SHE WAS A BLACK AND THAT IT’S OKAY PETE EITHER HOME IS OKAY WITH ME. THAT IS UP TO HER THAT IS UP TO HER. What he said: […]

Not Enough to Shrink the Pay Gap with Other College Graduates

Teacher pay rises in 2023 by Sylvia Allegretto Economic Policy Institute Just offering up a portion of an EPI report on Teacher’s Earnings Public school teachers attaining a bachelor’s degree to teach in the U.S. do not make similar wages as what other similarly degreed people in other fields. There is a pay gap between […]

One Would Think Low-Cost Stores Would Know How to Adapt During Poor Economic Times . . .

Apparently, the larger WalMarts, Target, etc. know how to do so. The lower cost rivals(?) which should have greater appeal to its targeted customers are struggling. ~~~~~~~ Dollar General and Dollar Tree need a ‘new playbook‘ to compete . . . In the world of retail, Walmart, Target, and Costco continue to thrive with their blend of quality […]