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

January JOLTS report: monthly increases, but significant downward revisions to 2024

 – by New Deal democrat To review briefly, the monthly JOLTS reports give us a more granular look at the employment sector, but are delayed by one month vs. the jobs report. Like the jobs reports, most JOLTS series have shown deceleration for several years. The question over the last year has been whether they […]

True pricing: effects on competition

One of Economist David Zetland’s students. True pricing: effects on competition – The one-handed economist Sarah writes* Although Trump has once again pulled the U.S. out of the Paris Climate Agreement, American firms still face consequences in EU markets. Numerous countries are still committed to non-legally binding climate targets, but the EU demands full adherence […]

The (totally contradictory) Big Picture

Scenes from Friday’s jobs report: the (totally contradictory) Big Picture  – by New Deal democrat There is no important economic data today, so let’s take a closer look at some of the noteworthy items from Friday’s jobs report. I’ll start out with the Establishment Survey side and then turn to the Household Survey side. Goods […]

The paradox of economic competition

written by Felix, one of Economist David Zetland’s students. as shown on the The one-handed economist Economists have long defended the benefits of fair competition, explaining that it makes markets more efficient, increases innovation, and generates more benefits for consumers. It’s therefore surprising to see a lack of competition in academic economics, where the same […]

USMAC Exempts Certain Items Coming out of Mexico and Canada

It must be fun to play the crowd, making them think what a tough guy the president is. Did he (being Trump) not know there was a trade agreement with Mexico? Something called the USMCA Agreement? Of course, he did. Of course, much of the US population do not realize this exists and has existed […]

New Deal democrats Weekly Indicators March 3 -7 2025

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The malign and moronic “policies” of the 2nd T—-p Administration so far have driven Economic Policy Uncertain to all time record highs: But despite that, the rumblings under the surface of the data have been quite minor so far. There are changes in […]

DOGE for thee, but not for me

Trump was only supposed to hurt “those people”: “Jennifer Piggott proudly hung a red-and-blue Trump campaign flag outside her one-story home during the November election race. Now, after she was abruptly fired from her civil service job, her days of supporting the president are over. “Piggott is among more than 125 people dismissed in February […]

Why Healthcare Costs So Much . . .

Having been a part of supply chain for decades, it was left to me to understand more than distribution. knowing the actual cost provides a foundation to negotiate. I would cost-model components right down to the materials. Having such detail and understanding the other costs allows you to have a basis to negotiate. And yes, […]

February jobs report: weak employment gains

but some 3+ year highs in unemployment metrics  – by New Deal democrat My question over the past year has been whether “decleration” would turn into “deterioration.” For a “soft landing,” deceleration would need to end, and the numbers stabilize, vs. continuing to deteriorate towards an actual downturn.  The verdict this month was mixed. On the […]

Medicaid Cuts as Promoted by WSJ

As a subscriber to xpostfactoid, I have access to some excellent commentary by Andrew Spung. This is not a person I would argue with about the ACA, Medicare or Medicaid, etc. Anyway, the WSJ has an article touting Medicaid cuts which did catch his attention and is the basis for his commentary. The link is […]