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

FCC asks SCOTUS to uphold Constitutionality of rural phone and internet subsidies

Nov 22, 2024, Court grants challenge to FCC subsidies over nondelegation doctrine, SCOTUSblog Schools Health & Libraries Broadband Coalition or SHLB, advocates for policies and programs that enable anchor institutions to obtain and promote open, secure, high-quality broadband services to support connectivity and opportunity for all in the US. This would include areas having a […]

Jobless claims suggest continued sluggish growth

 – by New Deal democrat Let’s take our weekly look at initial claims, the first indicator that should show stress in any rising unemployment scenario. Last week initial jobless claims rose 2,000 to 223,000, and the four week average rose 750 to 227,000. With the typical one week delay, continuing claims rose 33,000 to 1.892 million: […]

Workers Are Not ‘Waste’ And Firing Feds Will Not Lower Prices

Short piece, but the point is clear. There is not much to be gained by going after Labor even if they are part of the Federal Government. There are better ways to administer some programs which will save $billions. Senators and Representatives are not efficiency conscious when promoting their states and communities. Nor are their […]

Trump, Tariffs, and Prices

Eight days ago, Trump announced a 25% tariff on specific Canadian goods. The he walks back the tariffs. Now there are tariffs on Maple syrup. Then the 25% tariff becomes a 50% tariff. It is starting to get a little bit strange with Trump or is trying to sow confusion. Then say Canada backed off […]

Trump tariffs: shrinking our way to irrelevance?

In addition to driving down the stock market and driving up inflation, Trump tariffs will drive historical trading partners to shop with China and others outside the US. “While ASEAN and the GCC are unlikely to embrace Beijing to the extent that the Chinese government would like, they will be more receptive to Chinese overtures […]

The next health fad: beef tallow

RFK Jr is touting the health benefits of beef tallow. Many people believe French fries cooked in beef tallow taste better, but healthier? Where did this idea come from? “Kennedy’s belief that using tallow could help “Make America Healthy Again” echoes a claim that has spread on social media about seed oils. Many believe because […]

Delivering for America Plan (DFA) has wasted that help, losing more money for the Postal Service

The last thing or person the USPS needed was Louis DeJoy who lacked in knowledge of how the Post Service works. He then took it upon himself to implement change(s) before learning about the USPS systems and its people. We did not do such in manufacturing facilities. Lacking the knowledge of how the USPS works […]

business investment, and consumer spending

Policy uncertainty, business investment, and consumer spending  – by New Deal democrat There’s no significant new economic news today, so let’s take a look at something of a topic du jour. In case you haven’t seen it elsewhere, “economic policy uncertainty” has spiked to a level never seen before aside from the moment the pandemic […]

Will Trumpism drive a brain drain in the US?

One problem confronting the Trump agenda is that they treat the US like a closed system. That’s a problem for tariffs, since there are plenty of other markets for foreign goods besides the US. And it’s a problem for the recruitment and retention of the world’s finest minds. Until now, US universities were a magnet […]

Great February Industrial Production Report

Two cheers for a great February industrial production report! With a gigantic *  – by New Deal democrat Two cheers for the very good industrial production report for Feburary! Total production increased 0.7%, and manufacturing production increased 0.9% to the highest level in over two years: But the biggest news is that the headline number wasn’t […]