“U.S. President Donald Trump’s military deportation flight to Guatemala on Monday likely cost at least $4,675 per migrant, according to data provided by U.S. and Guatemalan officials. “That is more than five times the $853 cost of a one-way first class ticket on American Airlines from El Paso, Texas, the departure point for the flight, […]
“Trump claims his policies will do just that, creating a new “golden age” that will lift most boats and more than make up for what people might lose in government largesse. Low taxes will trigger blowout growth; tariffs on imports will bring back millions of good-paying manufacturing jobs; unshackled workers aided by artificial intelligence will […]
Let’s do some pessimism. Trump has already made it clear that he does not recognize any legal limits on his behavior – no constitutional limits, and no statutory limits. This is reflected in his effort to halt broad swaths of federal spending for 90 days (which violates both the constitution and the Impoundment Control Act […]
The US has been an international leader in biomedical research for decades. Now, the Trump administration wants to blow that up. “The directive also brings the National Institutes of Health’s (NIH) lengthy scientific grant review process to a standstill. “All NIH study sections canceled indefinitely. This will halt science and devastate research budgets in universities,” […]
A large number of stockholders are supporting Costco’s most recent efforts. Costco shareholders on Thursday soundly rejected a conservative think tank’s proposal requesting a report on the risks of maintaining diversity and inclusion initiatives, even as other companies back down. Costco said that an “overwhelming margin” of 98% of shares voted against the measure, according to […]
A not-so-short report made shorter by me on homelessness during the pandemic. It is not a terrible read. Plenty of charts and graphs to help explain the words. Dive into it, it is pretty good. The 2024 Annual Homelessness Assessment Report (AHAR to Congress) Part 1: Point-In-Time Estimates of Homelessness, December 2024 National Estimates of […]
This was from May 2023. I have been reading the OilPrice website just to keep up with what the other side of the room was thinking, Not that I would get all the detail. However, you can surmise what is taking place after a brief read. I do not believe industry finds Trump and his […]
A Bit of Paul Krugman “Trump, Energy and MAGA Brain” “So what’s going on with the proclamation that American energy production, which is one of our economic strong points, is in crisis? Partly it’s a cynical payoff to the oil industry, which more or less openly made a deal to give Trump $1 billion in return for […]
Jobless claims: seasonality and neutrality continue – by New Deal democrat The week’s first meaningful data is jobless claims. These have been trending higher YoY, but with lots of seasonal noise. And that trend continued this week. Initial claims increased 6,000 to 223,000. The four-week moving average (especially more important right now to filter out […]
More on How the Republicans will have to cut in order to keep the TCJA. Perspective: “Nearly 60% of mandatory spending is for Medicare and Social Security,” noted one expert. “If they don’t touch those, they’d have to cut Medicaid to the bone.” Call for $2.5 Trillion in Cuts Proves GOP Wants to ‘Steal Our […]