More likely than not, buying at WalMart indicates such because the costs are less. Even now when prices are up, WalMart may still be the place to shop. People may be buying off brands and poorer cuts of meat, Spaghetti may be on the menu more often. “Walmart Q3 earnings show a distressed American consumer,” […]
Short answer: yeah. The long answer is . . . longer. – by Steve Roth Originally posted at Wealth Economics There are a lot of pathways and mechanisms in the US and worldwide that deliver wealth to assetholders, and that have perennially concentrated that wealth (hence power) into the hands of dynasties over millennia — notably over […]
– by New Deal democrat There was no new official data reported this morning, including the normal monthly report on housing permits, starts, and construction. Yesterday the Department of Labor did partially update several weeks of jobless claims data, which helps us estimate what might happen with the unemployment rate when the September jobs report is […]
Paul Krugman on a November Thursday talking insurance. We have mandatory auto insurance. We have life insurance, unemployment insurance, home owners insurance, travel insurance, etc. Yet for some reason the nation can not get into their head the need for healthcare insurance for all whether it is commercial or government backed. The person in the […]
Trump announced he’ll sign a bill demanding the release of the Epstein file, something the White House has resisted for months. But if that’s the case, why doesn’t he just release them all now and dispense with legislation? BWAHAHAHAhahahaha!!! Did you fall for that one? “In his social media post suddenly declaring he didn’t care […]
As with yesterday, the good news is that important official economic data is being reported again. The bad news is that it is very stale, as in covering last August. – by New Deal democrat Still, one important area that private data did not cover well during the shutdown was orders and spending on durable goods, […]
With all the issues going on with this presidency? I can understand why women may feel the way they do. It would be nice if my wife and I could escape also. Every day, there is a crisis brewing mostly because of what is being said coming from the presidency. I would not say I […]
Another commentary on people who would leave the United States. A Vice article on November 9th. I am not going to post it and I will supply the link. Not a terribly long commentary “America’s biggest export might soon be its own citizens according to the American Psychological Association’s Stress in America 2025 survey. Sixty-three percent (63%) […]
As we say in the south, I was born at night, but I wasn’t born *last* night. In my dictionary, if you look up the word “whackjob,” you’ll see a picture of Marjorie Taylor Greene. So what to make of MTG’s apostacy over the Epstein files and Trump’s attacks on her? So far, I’ve seen […]
Spending on Healthcare as a Part of GDP I realize I’m being impolite (Dean Baker), but we’re facing fascism and the NYT is saying things are clearly untrue and very detrimental to those of us who care about democracy. A piece on the problem of healthcare costs in the United States told readers: “The Affordable […]