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

Idaho Deputy Solicitor General Answering SCOTUS Justices on Idaho’s Abortion Law

Listening to the back and forth between the justices and Idaho’s Solicitor General, there is tension on display here. The Idaho Solicitor General appears to take the stance the abortion is available if necessary. The justices are questioning how such could be if doctors will not treat the women if abortion is needed. That being, […]

Claims of Student Loan Cancellation Benefiting the Wealthy are Still False

by Alan Collinge Medium A number of beltway “experts” are currently claiming that cancelling student loans would unduly benefit the wealthy. These claims are based upon blatantly flawed research, They have been used by very well-coordinated media/social media campaigns, designed to kill the push for student loan cancellation, and have flooded the zeitgeist in recent […]

One born every minute

And the grift goes on: “Jerry Dean McLain first bet on former president Donald Trump’s Truth Social two years ago, buying into the Trump company’s planned merger partner, Digital World Acquisition, at $90 a share. Over time, as the price changed, he kept buying, amassing hundreds of shares for $25,000 — pretty much his “whole […]

In addition to housing, manufacturing is range-bound as well

 – by New Deal democrat The Bonddad Blog First off, let me reiterate that my focus this year is on manufacturing and construction. That’s because these are the two sectors the waxing and waning of which have almost always determined if the US economy is growing or not. By contrast, for the past half century or […]

How the Starbucks case at the Supreme Court could affect unions everywhere

by Andrea Hsu National Public Radio The Starbucks case is more a battle over which approach Appeals courts should use when they consider requests for injunctions like this one over labor violations. The Supreme Court appears to be weighing in on their decisions. The impact of the Supreme Court decision will weigh heavily on unions […]

The range-bound new home sales market continues

 – by New Deal democrat The Bonddad Blog As per my usual caveat, while new home sales are the most leading of the housing construction metrics, they are noisy and heavily revised.  That was true again this month, as sales (blue in the graph below) increased almost 9% m/m to 693,000 annualized, after February was revised downward […]

Trump vs. Biden: Who Got More Done for Veterans?

by Suzanne Gordon and Steve Early Washington Monthly Trump has mocked veterans and privatized their health care. Biden honors them but hasn’t challenged Trump’s privatization policies. Currently, they are moving more and more veterans to commercial healthcare. This rather than restoring VA healthcare to a better place for veterans to be and at a lower […]