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

Is Jon Chait an Antisemite ? He says yes.

People who quarrel with those with whom they mostly agree and focus on the “to be sure” paragraph of a column with which they mostly agree are a nuisance. I am such a nuisance. Jon Chait wrote an article noting that the GOP accepts antisemitism and the Democrats don’t. He makes his case. However, he […]

What News Was in My In-Box

The usual mix of articles on the internet. The important ones are healthcare and legal issues. The usual legal issues going on with trump who is flinging as much mud against the wall to confuse the issue of his attack on the US. Eventually, this will come to an end. Hopefully, there is an end […]

Strong September Industrial Production

September industrial production comes in very strong  – by New Deal democrat September’s industrial production report puts the final nail in the coffin in the notion that the US is already in recession. I call industrial production the King of Coincident Indicators because, more than any other single metric, it coincides with the peaks and […]

Hospital Monopolies Driving Up the Costs of Healthcare

A good article on hospital increasing healthcare costs, due to consolidations, supplies, and the associated hospital operational management. The article also engages in a book review of Big Med by David Dranove and Lawton Robert Burns (“Megaproviders and the High Cost of Health Care in America“). I will have to check the book out and […]

New USPS Sorting Center Unduly Taxes One Town’s Mail Carriers

This is part of a continuing commentary on new centralized mail sorting centers. Postmaster General Louis Dejoy is implementing to increase distribution efficiency. Local post office carriers would drive here to pick up mail and then to their routes to deliver mail. It sounds efficient for the post office, but not so efficient for mail […]

“Upon Becoming an American”

I guess I am going to lose some of my writer reputation now as I look at the aspect of how certain “legal” migrants in San Antonio, Texas were treated by the governor in Florida. These people did not sneak into the US. They were granted asylum after presenting themselves to border guards, registered in […]

September real retail sales lay another egg

September real retail sales lay another egg  – by New Deal democrat One of my favorite indicators, retail sales, was reported for September this morning, and it came in unchanged. Which means that after factoring in +0.4% inflation in September, real retail sales were down -0.4%. Which is not good, because real retail sales have […]

September consumer inflation; function of fictitious “owners’ equivalent rent”+ new cars

“September consumer inflation: primarily a function of the fictitious “owners’ equivalent rent” plus new cars”  – by New Deal democrat Since last November I’ve been hammering the fact that the official CPI measure of housing inflation, “owners’ equivalent rent,” seriously lagged, as in by a year or more, actual house prices as measured by the […]

Managing escalation risk and arming Ukraine

The desire to manage escalation risk – especially the risk of a nuclear attack – has clearly led the United States to withhold weapons from Ukraine.  We may also be slow-walking delivery of weapons or limiting quantities to reduce escalation risk, although perceived delays could be due to training and logistics issues or our own […]