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

Giant budget reconciliation bill has focused attention on the drastic cuts

June 2, 2025 by Heather Cox Richardson Letters from an American The Republicans’ giant budget reconciliation bill has focused attention on the drastic cuts the Trump administration is making to the American government. On Friday, when a constituent at a town hall shouted that the Republicans’ proposed cuts to Medicaid, the federal healthcare program for […]

April job openings, hires, quits, and layoffs: possibly the last month before the effects of Tariff-palooza! are felt

 – by New Deal democrat The JOLTS survey, which decomposes the employment market into job openings, hires, quits, and layoffs, was reported this morning for April. In 2024 the data were most consistent with a “soft landing,” but the actions of the new Administration, especially on trade, have exacerbated the fear that this might transform into […]

SWI swissinfo.ch 2024 Annual Report

Swiss review of Global, European and U.S. occurrences in the world today and its impact upon their country and its people and well as others. It is interesting if you have time to read such. I would read their news when I could as well as the German reports while in Europe. SWI swissinfo.ch 2024 […]

Homeownership in the United States

A quick rundown on homeownership and rentals in the United States using graphs and statistics. The time variance is mostly over the last 23 years. The first graph is from 1960 till 2023 and covers the economic issues, gains, or losses which was occurring during that time period. Renting will still take more from your […]

April construction spending continues slight declining trend

– by New Deal democrat Let’s take a look now at construction spending for April. To cut to the chase, in all respects there was a continued decline. In nominal terms, total construction spending declined -0.4%, while the more leading residential construction spending declined -0.9%, the third straight month for declines in both measures: Total […]

Slow Economic Growth

Usually, I place New Deal democrat’s title for his post above. I made it simpler for readers this time to get his point across. Briefly: Between the combination of manufacturing (25% of the economy) and non-manufacturing (75% of the economy), the economic growth of the nation is moving like a slug or as New Deal […]

DOGE accounting

There’s no evidence that DOGE has saved any money so far: “Picking apart the “estimated savings” of $175 billion on the DOGE website, Tolan told me that less than half that figure is backed up with even the most basic documentation. That means it’s possible only even to start investigating about $32 billion of savings […]

Elections in Eastern Europe

Asia is a world apart from Europe or North America. I am curious as to what people are thinking about in Asia when they view the news from either country. I have traveled extensively in Thailand and China as well as Europe. Much of the time, I was there for weeks. There are always questions […]

What Autocrats do

I have been watching this bill “One Big Beautiful Bill Act” slither through the House and move to the Senate. What is occurring here is, Trump trying to kill all opposition to be in control. Or another power play with Republicans backing him up. too afraid of Trump, they are looking the other way as […]