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

Trump Tax Cuts Benefiting Healthcare Companies More than People

A partial of a much larger report. The complete report can be found here. As taken from: Americans for Tax Fairness “Sick Profits.” This portion of the article looks at the differences in profits and where those profits are going. The additional profits (mostly gained from tax breaks) are not going to reductions in healthcare […]

Hear Me!

John Thune, Mike Johnson, …, Republican Party leaders, whoever you are; please, please, wake the f*ck up! You and your predecessors got us into this god awful situation. Now, you and you alone have the power to stop the bleeding. The power to rid us of this demented, lunatical, old bastard occupying the office in […]

Delayed Arizona Covid Booster Shots Endanger Citizens

AB: Yesterday. Both Jan and I decided we would go to Walgreens (Arizona) to get our Covid inoculation. We are both over 65 and supposedly were eligible. Jan called one Walgreens to find out if they had the Pfizer vaccine. She was told we can not get inoculated without a prescription. So, we called and […]

People Should Be Joining Together

People are still going at each other, according to one Senator (Utah). Yes, he was a Republican. You may despise him, dislike or hate him, etc. However, violent retaliation is not the answer. To me, this is horrific. “On Political Violence” Civil Discourse Tonight, people from across the political spectrum should be joining together to […]

As consumer inflation shows more signs of re-acceleration, the Fed is being forced to pick its poison

– by New Deal democrat The Fed is really facing a no-win situation. Between the recent employment reports, the QCEW, and even this morning’s jobless claims report, the jobs market has clearly been weakening, and may be on the very cusp of contraction, implicating the Fed’s dual mandate to strive for full employment. But this morning’s […]

Initial claims have a Texas-sized increase

– by New Deal democrat I’ll post about the CPI later this morning. But unusually, the biggest news of the morning was initial jobless claims, which spiked to 263,000, an increase of 27,000 from the previous week. The four week moving average increased 9,750 to 240,500. Meanwhile, with the typical one week delay, continuing claims were […]

Revoking visas of Palestinian President, etc.

As a world leader, Rubio and Trump’s actions make no sense. The US is supposed to make it easier for officials from all nations who want to attend the UN headquarters. This decision (which Israel has welcomed) is detrimental to a peace initiative. According to Palestinian President Mahmoud Abbas the visa decision “is a clear […]

Ranking Chicago According to a Murder Rate

Merrill Goozner did all the work in “Where does Chicago’s murder rate rank?” Having grown up in Chicago also, I felt safe. Then to I knew where I could be and stayed out of certain areas I should not be. I (we) were careful and alert to the situation and environment around us. Where does […]

August producer prices largely a reflection of volatile food and energy prices

– by New Deal democrat Consumer price inflation will be reported tomorrow. In the meantime, this morning producer prices for August were reported. Normally I don’t pay too much attention to producer prices – and I won’t this month, either. But let me put that in some context. In the past, when producer prices have outstripped […]