Consumer inflation remains dominated by gas prices (good) and shelter (bad) – by New Deal democrat Declining gas prices continue to do wondrous things for the economy. In December they declined from roughly $3.50 to $3.10/gallon. Meanwhile the phantom menace of Owners’ Equivalent Rent continues to drag “core” inflation higher. Details below. Total inflation: -0.1%m/m […]
‘Right-to-repair’ advocates skeptical of John Deere agreement, NPR, Joe Hernandez Pulling from NPR’s Joe Hernandez’s article and adding some of my automotive background. to explain. Like automobiles, tractors have gone high-tech using on-board computers and semi-conductors to run various systems within cars and also farm tractors. This includes systems such as fuel injection to oxygen […]
Scenes from the December jobs report: more deceleration – by New Deal democrat The only significant economic data this week will be released on Thursday, with both CPI and jobless claims. In the meantime, let’s take a closer look at the jobs data we got last Friday. As indicated in the title of this post, […]
In which I quibble with Prof. Alan Blinder about the main reason for the decline in inflation since June – by New Deal democrat Alan S. Blinder is getting traction for an opinion piece published in the WSJ concerning the big decline in inflation since June. He acknowledges that“ energy inflation played a meaningful role” but […]
Economist David Zetland lets us know our place of birth has a much larger impact on our success or failure globally than what we suspect. It is not solely up to us to be successful. The country of our birth has a great impact. Understanding this, exploring books about success can offer valuable insights into […]
Weekly Indicators for January 2 – 6 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. No big changes from the past month or so. The overall economic picture continues to be driven by the effects of the price of gas. As usual, clicking over and reading will […]
The 15th time and McCarthy’s selling of his soul to legislate in favor of radicalism was the charm. Care to fetch, Kevin? Prof. Heather presents additional history and politics along with Weldon’s commentary, and Peter Dorman piece explaining Republican politics and the actors who display little incentive to compromise. A trifecta of excellent posts. January […]
Can he be recalled? NoCan he be charged with a crime for lying about his bio? NoCan the House of Representatives refuse to seat him? No However: He can face criminal and civil fraud charges for lying on documents submitted to government entities and investors.He could be extradited to Brazil to face criminal charges there.He […]
Some history and knowledge about the House by Weldon @ Bad Crow Review. Known Weldon for a while now. He writes some good words. And this topic fits right in his wheelhouse of knowledge. Enjoy . . . “How Long Before This Wears Off, Doc?” Weldon Berger, Bad Crow Review, “Could be a year, could […]
Follow the money’s good. But, sometimes, looking for the me(s) in what’s in it for me works better. Trump wanted something from Kevin. Marjorie did too; was among the first to make her deal. Then, Matt, Paul, Scott, Lauren, and Andy (after being together on C-Span for four days, all of us are on a […]