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

Student Loan Forgiveness Mostly Does Not Exist

Some stories about Student Loans. In the past, I have written about student loans. If in the end, you can pay them off with little delay, you are golden. The problems arise when a student can not find a decent paying job. It becomes a matter of what do I have for dinner as there […]

The “real,” wage adjusted price of gas isn’t at privation levels yet

– by New Deal democrat Back in the “before” days, as in January, before the Iran war, I wrote about how low gas prices were actually a tailwind for the economy. Because since the start of the Millennium over 25 years ago, they had only been so low compared with average hourly wages on only 3 […]

Will Trump try to block oil exports from the United States?

I don’t know if he has the legal authority to do this, but does it even matter with Trump?  Domestic prices will rise if 1) foreign supplies fall and 2) domestic production is diverted to fill demand overseas.  Trump could keep domestic supplies from being diverted and we could still use world markets to fill […]

Gasoline Goes Galactic, Diesel Spikes

Gasoline Goes Galactic: Prices Jump, Diesel Spikes, and the White House Feels the Burn Thank you President Trump! This is about a week old. It still has relevance to what this fool is doing to the US Economy. The national may yet slip into a recession. “Oil Prices Post Biggest Monthly Surge in History,” OilPrice.com. […]

Will the Democratic Party Have the Courage to Lead?

“J.P. McJefferson Thoughts“ J.P. McJefferson As the United States approaches its 250th anniversary, the condition of its governing institutions presents a paradox. The American experiment is not collapsing. It is not even failing in the conventional sense. It is, instead, stalled—caught in a pattern of predictable conflict and diminishing returns that sustains conflict without producing […]

Looking at Some Economic Indicators

After zigging upward last week, interest rates zagged downward – but not as much – this week, enough to change the ratings on some interest rate sensitive indicators, like mortgages. And consumers continue to spend, despite all the shocks and sluggishness in things like the labor market in the past 15 months. Partial of “Weekly […]

Celebration of Spring

Easter, and the Rites of Spring Whatever else you think of them, those early Christians were brilliant marketers. They took the ancient pagan festival of Saturnalia and turned it into Christmas, and then they gave us Easter, which is really a lightly disguised celebration of spring, something virtually every civilization has. Remember, they aren’t celebrating […]

Déjà vu

My dad would stop by the airport LaRouche booths and argue with the nutjobs. Not sure why he found it amusing. He knew they were nuts, but he did it anyway. “It’s easy enough to do now what the dominant news media of the time did: look back on LaRouche as a joke, a once-in-a-generation […]

Expensive Gasoline. Just Wait till the other Oil Products Increase in Price

Pres. Trump has found a way to impact the global economy. And he did it by attacking Iran. His attack will also have a huge impact on the United States and every other country using oil or its byproducts. Looking for a recessional economy in the near term even with secure oil resources. Paul Krugman […]