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

Declining US Citizen’s Life Expectancy

Lifted from notes by One handed economist David Zetland comes with this reminder about US life expectancy dropping. David goes further and gives the reasons for decreasing Life Expectancy. America, my increasingly ex-country, has lower life expectancy than 21 “peer” countries. This decline being due to a combination of death from Covid, cars, guns, and lifestyle. […]

Weekly Indicators for September 12 – 16 at Seeking Alpha

Weekly Indicators for September 12 – 16 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Gas prices have continued to decline, with almost the entire Ukraine war spike gone. Meanwhile Tuesday’s core CPI reading sent the bond market into a tizzy, with interest rates going back up to […]

Bullying

Sen. Lindsey Graham has been busy as a cat trying to cover up his saying, “And I’ll say this: If there is a prosecution of Donald Trump for mishandling classified information after the Clinton debacle … there will be riots in the street,” comment by saying several different things about what he was trying to […]

Banking for the People

“Banking for the People: Lessons from California on the Failures of the Banking Status Quo,” Roosevelt Institute, Emily DeVito Introduction The current banking system in the United States and its fine and fee-heavy profit model is a barrier to economic entry and financial security for millions of individuals and families. Especially a barrier for those […]

Ross Douthat tries to gloss DeSantis’ abusive treatment of migrants.  It goes about as well as you would expect.

DeSantis’ decision to send migrants to Martha’s Vineyard on false pretenses was clearly repugnant.  In fact, it seems to have been even worse than it appears:  the organizers apparently tried to trick the migrants into reporting their whereabouts to the wrong authorities, which would have jeopardized their status. But over on twitter, Ross Douthat tries […]

US Public Opinion on Income redistribution

I am going to give a hostage to fortune. I am going to guess that the preferred policy supported by a majority of US respondents on questions about redistribution of income is that which would directly serve the narrow short term economic interests of a (probably different but overlapping) majority of US respondents. I am […]

August industrial production declines; overall decelerating trend consistent with recession in 2023

August industrial production declines; overall decelerating trend consistent with recession in 2023  – by New Deal democrat Finishing today’s data dump, industrial production, the King of Coincident Indicators, declined -0.2% in August, while manufacturing production increased 0.1%. July’s sharp gains in both were revised slightly (-0.1%) downward:  While July remains the high water mark for overall […]

A few observations on freedom

Guest Post by Infidel as posted from his Blog of the same name. Intro . . . In the real world, which contains many individuals interacting within a society, overall freedom is maximized when the total ability of all individuals to do whatever they want is maximized.  In practice, achieving this involves a vast number […]

Positive real retail sales in August, but YoY flatness continues

Positive real retail sales in August, but YoY flatness continues  – by New Deal democrat Retail sales, probably my favorite monthly economic datapoint, increased 0.3% in August. Since consumer prices rose 0.1%, real retail sales rose 0.2%: That’s certainly good news. Now here’s the bad news: July’s retail sales were revised downward by -0.4%, so […]