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

The fake economics of DOGE

DOGE is claiming to have saved $55 billion so far. The NYT calls bullshit: “The math that could back up those checks is marred with accounting errors, incorrect assumptions, outdated data and other mistakes…. Some contracts the group claims credit for were double- or triple-counted. Another initially contained an error that inflated the totals by […]

Low-Information Voters

“But that is what he ran on, what the people who elected him wanted him to do,” the TV journalist said in response to the interviewee’s criticism of some of a deluge of executive orders.  If what he ran on grants license, Trump has license to do almost anything. Say a presidential candidate runs promising […]

What is the Reality in the US Today?

Certainly, it is not what I and others were expecting to see and hear. If I read this commentary properly and understood? Prof. Heather Cox Richardson accuses todays’ US citizenry of living in some fantasy land, disregarding vaccines, taking on fascist activity and symbols, and having a lack of understanding of what the United States […]

Democrats, Ignore your Marriage Counselors

Hello everyone. It has been a while but… Anyway, this is my thinking on the question asked here a few days ago: Do Democrats and Progressives need a marriage counselor or a divorce lawyer. It is long, so forewarned. First, let’s be clear on the idea of the Overton Window. Wikipedia notes the creator’s view […]

Somebody better call DOGE . . .

According to Kevin Drum, the Senate budget resolution earmarks $170 billion for border security; the House budget proposal ponies up $190 billion.  5 minutes of googling was not sufficient to figure out how this unimaginable pile of money will be spent.  Let’s assume half is for deportation.  That’s $85 billion, if we go with the […]

Ignore Pete Hesgeth

The current House and Senate budget proposals both include defense increases of about $100-150 billion over ten years, or about $10-15 billion per year in nominal dollars. Toy Sec Def Hegseth is proposing a cut in defense spending of -$70 billion per year. Anyone who thinks the House and Senate will pass a bill with […]

There won’t be defense spending cuts

For those who were duped into believing that DOGE is serious about defense budget cuts rather than centralizing control of spending and aligning spending with the political priorities of the Trump/Musk Administration, here’s Secretary of Defense Hesgeth: “Hegseth said beginning immediately, the Pentagon will pull 8% — or roughly $50 billion — from nonlethal programs […]

Trump FTC Cuts Ties with American Bar

Trumps FTC believes the ABA is corrupt. Having been around enough attorneys in my lifetime, they are not corrupt. They are smarter than we are on legalities. Reading the first sentence of Trump’s FTC letter reveals their beliefs: “federal antitrust enforcers and the private antitrust bar have enjoyed a cozy relationship facilitated by the Antitrust […]

Jobless claims: possibly the final “steady as she goes” report

– by New Deal democrat Let’s take our weekly look at jobless claims. These are a short leading labor market indicator. Also, it is likely that the firings in the federal labor force will shortly be reflected in this data. This week initial claims rose 5,000 to 219,000, while the four week average declined -1,000 […]

Mirabile dictu

“Palantir stock fell 10% for a second day on Thursday, adding to Wednesday’s 10% drop following a Washington Post report that said the Trump administration has told the Pentagon to plan for massive budget cuts over the next five years, casting doubt on a major source of the tech firm’s revenue.” I’d be happy to […]