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

What News was in My In-Box

Healthcare and Politics are the heavy hitters tonight. I always feel like I missed something. Feel free to add articles to this in comments. I have a post to complete on the costs and prices on Pharma. You know there is a difference. Politicians usually talk about one or the other. A while back Germany […]

Housing: permits and average starts decline, while construction remains at peak

Housing: permits and average starts decline, while construction remains at peak The data on housing construction this month was mixed. While starts rose, their 3 month average, at 1.511 million annualized, was the lowest since September through November 2020. Meanwhile total and single family permits both declined, both to the lowest since June 2020: This […]

Replacement theory in the US

David Zetland writes on “replacement theory” (originally published at One Handed Economist) Replacement theory in the US “Replacement theory” is a semi-racist, often-hysterical belief that — in the US — White Christians will be “replaced” by others. The racist part arises from the vapid conception of “race” and/or “White” which rests on no biological or scientific facts. As […]

The Impending Doom, Gloom, and Fiery Crash of Independent Meat Processors

Market consolidation is nowhere near revolutionary news these days, as we have seen meat processing plants loom ever larger. Sitting right outside of major or semi-major metropoles, freshly frozen stock of proteins are brought in at all hours of the day and night to sell at a meat retail counter in all large chain grocers […]

Rail lines and Unions head off a potentially devastating Strike

If you believe railroads do not count much anymore in the American economy, you need to rethink your thought. For a major automotive company, I was coordinating shipments to and from Asia via container, rail, and ocean. It was not that hard if you understood the lead times, customs, shipping and rail, and the bottlenecks. […]

The Ukraine war spike in energy prices has completely unwound

The Ukraine war spike in energy prices has completely unwound  – by New Deal democrat I plan on putting up a Coronavirus update later today, because there have been a few significant developments (No, the pandemic is *NOT* over) particularly as they relate to the next few months. Tomorrow and Wednesday, we get our first […]

Modeling the New USPS Delivery Network: List & Map

In an earlier post, Steve Hutkins introduced Louis DeJoy’s new plan centralizing post offices in various locations calling them Sorting and Delivery Centers. Many mail delivery personnel routes would increase in size and routes would be further away and larger. The result could lead to delayed delivery and a further degeneration of service. The result […]

Declining US Citizen’s Life Expectancy

Lifted from notes by One handed economist David Zetland comes with this reminder about US life expectancy dropping. David goes further and gives the reasons for decreasing Life Expectancy. America, my increasingly ex-country, has lower life expectancy than 21 “peer” countries. This decline being due to a combination of death from Covid, cars, guns, and lifestyle. […]

Weekly Indicators for September 12 – 16 at Seeking Alpha

Weekly Indicators for September 12 – 16 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Gas prices have continued to decline, with almost the entire Ukraine war spike gone. Meanwhile Tuesday’s core CPI reading sent the bond market into a tizzy, with interest rates going back up to […]

Banking for the People

“Banking for the People: Lessons from California on the Failures of the Banking Status Quo,” Roosevelt Institute, Emily DeVito Introduction The current banking system in the United States and its fine and fee-heavy profit model is a barrier to economic entry and financial security for millions of individuals and families. Especially a barrier for those […]