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

Wealth and High Income Taxation

Taxing Wealth and High Incomes, Econofact   – by Christopher Towe What you are seeing here is the growth in the percentages of citizens who make up upper income brackets. In this case, we are looking at the 1 tenth of 1% of the population and hold 14.5% of the wealth in the United States […]

RFK Jr continues his senseless attack on mRNA vaccines

Robert F. Kennedy Jr. has claimed that the U.S. Department of Health and Human Services (HHS) is ending contracts for mRNA vaccine development, citing concerns that the technology may pose “more risks than benefits.” According to Kennedy Jr., HHS’s Biomedical Advanced Research and Development Authority (BARDA) reviewed 22 mRNA vaccine projects — most focused on […]

Jobless claims continue to forecast Economic growth and a tight labor market

This morning there is a slew of economic data, including personal indome and spending, jobless claims, durable and capital goods orders, revisions to GDP, and new home sales. Since tomorrow there is very little data, I am going to report on the first two tdoay, and save the rest for tomorrow.  – by New Deal democrat […]

Voting 2026

Just Some thoughts . . . NPR: “The latest executive order, issued March 31, calls for the Department of Homeland Security to work with the Social Security Administration to create lists of adult U.S. citizens in each state, and to send those lists to state election officials. It also calls for the U.S. Postal Service — […]

But, According to The Gov. Everything is Going Well in the Economy

President Trump says the economy is strong and “we have the best economy.” The number do not necessary support his contention. Food as well as other items have experienced increasing prices without an increase in take home pay to match the costs of this economy. “Nearly half of the people responding to the University of […]

Why no US recession? Free spending by the upper class

– by New Deal democrat There is a slew of economic data being released tomorrow, the most important of which will be personal income and spending, so I will likely defer some reporting on the other data until Friday. But in the meantime, there’s no significant data today. So let me take this opportunity to show […]

Increasing Inflation

Just about the time we get the economy under control, someone from another country (who is in trouble) convinces Trump we need to attack a different country. Some how, the deal maker is always suckered in. The nation is going to pay for it in the long haul. Taken from Newsweek.”Inflation Jumps to Highest Level.. […]

It’s The Process, Stupid

– by J.P. McJefferson J.P. McJefferson Thoughts America’s governmental crisis is not primarily a crisis of policy. It is a crisis of process. At roughly the 250-year mark of the American experiment, we find ourselves locked in a familiar but increasingly dangerous argument: we fight over policies as though they are the root cause of […]