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

Researchers reveal U’s painful past with Minnesota’s Indigenous people

The civilized American peoples were here long before the colonists arrived from other countries. This is the story of some discovering their past in what was called America after the arrival of the new people. Researchers reveal U’s painful past with Minnesota’s Indigenous people, MPR News, Dan Kraker and Melissa Olson. A massive new report […]

Consumer inflation is about 3.0% YoY. The economy has experienced Deflation since last June

Properly measured, consumer inflation is only about 3.0% YoY, and the economy has experience Deflation since last June  – by New Deal democrat One month ago, I “officially” took the position that inflation had been conquered, and that, properly measured, the economy had actually been experiencing deflation since last June. This morning’s report only confirmed […]

Wall Street, venture capital drive high drug prices

And undermine public health in the process I ran across Merrill and his words at the Washington Monthly magazine. He is another person writing on Healthcare and its issues. This particular article is on the mark in terms of what is occurring in pharmaceutical healthcare today. Kip, Merrill, and I are all hitting similar notes […]

March employment report 2: unemployment recession indicators

Scenes from the March employment report 2: unemployment recession indicators  – by New Deal democrat A reminder: I may be offline for the next couple of days. In the meantime, yesterday I looked at the 5 leading indicators contained in the employment report, and summarized how they either signal recession now or within the next […]

Media Rage versus Reality and Getting Fired from Fox News

This is relatively old news from almost a year ago. Old news about the media reporting versus reality. Politico carried an interesting article on the direction modern media is taking. The speculation regarding changes of staff and tone at CNN bring to mind the importance of ownership regarding media. There is another story here and […]

New Deal democrat’s Weekly Indicators for April 3 – 7

Weekly Indicators for April 3 – 7 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha.  Probably unsurprisingly, the big news this week was the effect of the revisions to the initial jobless claims data, and also the turning down of several sectors in the monthly jobs report. […]