Prof. Heather discusses Biden motivating the FTC to start the process of breaking up monopolies and weaken up the economic power of these large entities. She draws upon the history of Roosevelt in 1908 doing similar and meeting resistance from House politicians led by Joe Cannon as supported by big business to stymie his efforts. […]

Weekly Indicators for October 30 – November 3 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. One way I keep track of the producer side of the economy is via the long leading indicator of corporate profits and the short leading indicator of the stock market. As […]

To detail why this is so important, I turn to Doctor Barry J. Jacobs: “Caregivers, like marathon runners, must learn the lay of the land, find a sustainable pace and accept replenishment along their journey if they have any hope of gamely persevering from start to finish line. With this metaphor in mind, we can […]

I believe that I have caught a typographical error in the New York Times. The article is interesting, it alleges that Taylor Swift fans may decide the Argentinian presidential runoff (voting for the center left Sergio Massa and not for the right wing Javier Milie). A pop singer with actual measurable political influence (in a […]

I agree with Lloyd’s dad Gabe and also Lloyd. Big trucks including construction vehicles exceed the speed limit. Their weight does not enable them to stop in short distances. The results of a collision with automobiles is catastrophic with people in cars being seriously injured or dying. The volumes being moved long distances are better […]

In a previous post, I mentioned an effective way to curtail illegal immigration—require all employees to be screened through E-Verify—and some reasons why it won’t be adopted. Another disincentive to deterring illegal immigration is that it subsidizes Social Security and Medicare: “ . . . illegal immigrants as a group are net contributors who partially […]

Initial claims: were the recent lows just unresolved seasonality after all?  – by New Deal democrat Initial jobless claims rose 5,000 to a 7 week high of 217,000 this week. The 4 week moving average rose 2,000 to 210,000 from its 9 month low of 208,000 last week. With the usual one week delay, continuing claims […]

This is a smaller version of a larger article in The Atlantic. I believe I have captured all of the issues needing to be presented. A hospital’s delivery of healthcare is more than just profit-taking to which the big firms invest their money. It requires steady, predictable resourcing that prioritizes local wellness over aggressive quarterly […]

I see where the latest gambit by House Republicans is to tie Ukraine aid to immigration “reform.” Setting aside the fact that aid to Ukraine is, like most foreign aid, a subsidy for US business, the linkage to immigration is a red herring. All the current approaches are failing, are doomed, and are a waste […]

The new month of data begins: residential construction positive, job openings negative, and manufacturing mixed  – by New Deal democrat As usual, the monthly data started out with reports on the two most important production sectors of the economy, namely manufacturing (for October) and construction (for September). Additionally, the JOLTS jobs survey for September was […]