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

Real retail sales disappoints . . . the Doomers

Real retail sales disappoints . . . the Doomers This morning’s report on July retail sales once again belies the claim that “hard data” and “soft data” are divergent.. Not only did July come in at a strong +0.6% (+0.5% ex-autos), but June was revised up as well. Given basically non-existent inflation, this means that […]

One tiny little ray of hope

One tiny little ray of hope After the Charlottesville, VA white supremacy violence, and his failure to explicitly condemn it, Donald Trump’s Gallup approval rating has fallen to a new low of 34%, and his disapproval to a new high of 61%: This puts him below the lowest ratings during their entire term of Lyndon […]

Woodie Guthrie, Racism, Trump, and Beach Haven

From an old sixties coffee house person, just a little history. In 1950, Woodie Guthrie signed a two year lease to reside in a Fred Trump’s Brooklyn development. Having wandered around the countryside for a number of years, he knew the North did not have any special claim to racial enlightenment. One event of a […]

Rampant judicial activism

Via Slate by Dahlia Lithwick and Mark Joseph Stern: The Clarence Thomas takeover But Thomas is more than just the Trump administration’s philosophical hero. His once-fringy ideas are suddenly flourishing—not only on the high court, through his alliance with Gorsuch, but also in the executive branch. … Everywhere you turn in Trumpland, you’ll find a slew of […]

Democrats in Array

The hardy perennial “Democrat’s circular firing squad is in disarray” story line is looking a bit withered. During the whole dramatic absurd Trumpcare drama (so far Trumpcare is a zombie which can’t be killed) ALL 48 Democratic senators remained united. In 2016 the new Clinton adopted a neo-neo-liberal platform which was actually liberal. However, some […]

Rasmussen poll shows GOP losing midterms in a wave

Rasmussen poll shows GOP losing midterms in a wave I like K.I.S.S. methods, and I have decided that the easiest K.I.S.S. guide to the midterm elections is likely to be Rasmussen’s “net strong disapproval” spread.  The theory is that while voters who even weakly approve or disapprove of a President are likely to come out […]

Understating Trump’s “Achievements”

Understating Trump’s “Achievements” I regularly hear and see on media and the internet that Trump “has accomplished nothing in six months” or variations on that, with some of these remarks focusing more on his legislative agenda, with discussions about whether it is “dead” or not here after only six months, which is either a very […]