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

Manufacturing and construction together suggest weak but still expanding leading sectors

 – by New Deal democrat As usual we start the month with two important reports on the leading sectors of  manufacturing and construction. First, the ISM manufacturing index showed contraction yet again, with the headline number “less negative” by way of increasing from 46.8 to 47.2, and the more leading new orders subindex declining sharply […]

Banning Price Gouging. What Do Economists Say? – WSJ

Americans hate high prices, and Kamala Harris says she plans to combat them by banning price gouging in food and groceries. But, depending on what form it takes, economists could hate her plan. Vice President Harris, who will formally accept her party’s nomination at the Democratic National Convention in Chicago this week, has laid the blame for high food […]

Healthcare Costs Expected to Surge at Highest Rate in 15 Years

Forecast of commercial healthcare costs to come in 2025 (MedCity report), what has occurred in the past, and what is expected beyond 2025. Meanwhile Congress is twiddling their thumbs arguing amongst themselves over what is more important to their existence . . . constituents or big business. Interesting too, how the Sadlers are getting themselves […]

The economics of bacon

I love the smell and taste of freshly cooked bacon. That said, I very rarely eat bacon, for the same reason I rarely eat sausage, ham or bratwurst. Preserved meats are associated with a higher risk of colon cancer. But if you *do* eat bacon, can you afford to? Not according to Donald Trump, who […]

Lead and crime

We recently received a letter from the City of East Providence water utilities division asking us to check whether our service line contains lead. Since our house was built in 1935, this was a reasonable possibility. In the event, our line is galvanized iron or steel, not lead. But this ongoing effort to purge lead […]

Last Week in the Inland Empire …

by Ten Bears Homeless on the High Desert Mormon Militia Moves To Take Over Central, Eastern Oregon Government Note that the link is to an article in The Guardian, a British publication that is to my observation the straightest, least bias / most honest reporting today. Bear in mind as you read these happenings out on […]

Overall and core Consumer Price Index (CPI) both increased by 0.4 percent in March

It appears rent, transportation, and medical care services are the culprits holding up a decrease in inflation. Medicare does not surprise me at all. Harvard School of Health blames the rise of prices on administrative expenses, corporate greed and price gouging, and higher utilization of costly medical technology. What to Look for in the April […]