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

The long leading indicator of credit conditions has just been updated by the Fed

 by New Deal democrat The long leading indicator of credit conditions has just been updated by the Fed The easing or tightening of credit conditions has a good track record as a long leading indicator, giving us information about whether the economy will be expanding or contracting in 12+ months. The Fed just updated its […]

Fox News Talking Politics with a Sixth Grader

Unfortunately for himself, the young man was polite and did not school Brian Kilmeade (after his comment) about trump’s inaction in the beginning of the Covid Pandemic causing the delay in returning to school. During the young man’s comments to Brian Kilmeade, you can see the young woman in the lower left quadrant shaking her […]

Still skating in front of the breaking ice

A couple of months ago I drafted up a post arguing that Trump was becoming yesterday’s news.  He was off Twitter and Facebook, and responsible for a highly unpopular attack on Congress.  Stripped of the powers of the presidency he would be forced to spend his time whining about the election and playing victim.  The […]

A Recent Correlation Regarding Political “Leadership” And The Coronavirus

A Recent Correlation Regarding Political “Leadership” And The Coronavirus  The recent correlation I have noticed, with others commenting on it also, is that some of the most prominent nations with the most rapidly rising rates of coronavirus infections are led by somewhat authoritarian leaders who have recently dismissed the threat of it and engaged in […]

When the Law is Part of the Problem

Whether it be by legislative intent, or due to some interpretation of the law by a judge or by the supreme court; behind each incidence of police brutality, shooting of an unarmed person, or other unwarranted police behavior in America, lies the question of how is it the law of the land allows law enforcement […]

Voter fraud in black and white

The battle to save democracy continues. White man commits intentional voter fraud: A Marple Township man who illegally registered his dead mother as a Republican and cast a vote on her behalf in the 2020 presidential election has been sentenced to five years of probation, Delaware County prosecutors said. Bruce Bartman, 70, pleaded guilty to felony […]

The politics of research: parental incarceration and child welfare

The American Economic Review is publishing an article by Samuel Norris, Matthew Pecenco, and Jeffrey Weaver that suggests parental incarceration has benefits for children: Every year, millions of Americans experience the incarceration of a family member. Using 30 years of administrative data from Ohio and exploiting differing incarceration propensities of randomly assigned judges, this paper […]

So Much For May Day

So Much For May Day  Today is May Day. An ancient point of the Gaelic calendar marking spring, it was long marked by pagan fertility celebrations and rites, dancing around May poles and the like, with many variations on this in different countries. The day became associated with the worker’s movement in 1886 when in […]

Mining Poverty

Recall Senators McConnell’s and Graham’s strong opposition to the first COVID relief package? Said it was because they feared it might reduce the incentive of workers in their states to work for low wages; that’s really low wages as in less than a living wages. Mitch and Lindsey, and most of the present day republican […]