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

Job Market for the Young, Educated Workers

“Something strange, and potentially alarming, is happening to the job market for young, educated workers,” The Atlantic According to the New York Federal Reserve, labor conditions for recent college graduates have “deteriorated noticeably” in the past few months, and the unemployment rate now stands at an unusually high 5.8 percent. Even newly minted M.B.A.s from elite programs […]

Trump’s flim-flam pharmaceuticals plan

Trump announced that he’ll sign an executive order today that will lower drug costs in the US. ““I will be instituting a MOST FAVORED NATION’S POLICY whereby the United States will pay the same price as the Nation that pays the lowest price anywhere in the World,” the president posted Sunday on his social media […]

China Tariffs

Comment by Terry (Terrance Nilles) as taken from “Trump’s China tariff gambit is failing,” Angry Bear At the end of the day, I think the whole tariff thing is not about raising money to pay for tax cuts or to bring industry back to this country or to stop fentanyl from coming across the border. […]

European Leaders Arrive in Kyiv

European leaders arrive in Kyiv after Putin’s parade, Bangkok Post KYIV — The leaders of Britain, France, Germany and Poland arrived in Kyiv on Saturday for talks with Ukrainian President Volodymyr Zelenskiy in a show of unity a day after Russia’s Vladimir Putin hosted his allies in a Victory Day parade on Red Square. The […]

Anything related to the EV battery industry concerns us if the Industry is Not Viable,

This does not surprise me. States attempting to attract business which will be in the right industry or the industry of the future. I am sure there will be more occurrences as politicians and states attempt to get ahead of the curve by attracting the right industry. Fortunately and in AZ, we have TSMC building […]

America’s Money Managers

Some select facts about the Treasury Department Functions. This includes the size of it, currency, national banks, costs of tax collection, budget, etc. The latter of which make the Treasury the third largest department fund wise. Some interesting graphs depicting functions. What does the Department of the Treasury do? USAFacts Last month, a federal judge […]

Pressuring countries facing U.S. tariffs to have satellite internet services

More wheeling and dealing by the Trump administration and Musk. As Common Dreams calls it, More Corruption. I am not sure if any other of the past presidencies can match the open quid pro quo we are witnessing with this administration. And it is right out in the open. Hey, wish to lose the tariffs, […]

CBO Likely Underestimates Medicaid Coverage losses

Looking at the impact of Mike Johnson and the House proposal of cutting Medicaid will have an impact. Meanwhile, Trump is expecting cuts so as to keep the 2017 tax cuts of which a major portion went to the upper one-percent in income. Estimate “seems low” — KFF’s Larry Levitt, Brookings‘ Matt Fiedler, and Georgetown’s […]