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

July JOLTS report: is the game of reverse musical chairs in employment ending?

July JOLTS report: is the game of reverse musical chairs in employment ending?  – by New Deal democrat For the past 18 months, I’ve likened the job market to a game of reverse musical chairs, where there are more chairs put out by potential employers than there are job applicants willing to fill them. Also […]

Ford Reveals New Lineup of EV Chargers + a Home Version

This is mostly about commercial charging stations for companies. However, the company does offer a home version which I have added a picture and the pricing. Not cheap. It does solve the issue of where do I charge my vehicle? Not endorsing this as it is early on in the introduction of EVs and barely […]

Frozen homeowners means record low inventory, meaning existing home prices have stopped declining

Frozen homeowners mean record low inventory, meaning existing home prices have stopped declining  – by New Deal democrat Before discussing this morning’s reports on existing home prices, let’s start with a look at new listings and total active listings of housing inventory, which are very instructive: This information is not seasonally adjusted, and obviously follows a […]

California Guaranteed Health Care for All Act sets in motion a single-payer healthcare coverage

More detail on California’s Single Payer Bill AB1690. 0223 CA Legal Fact Sheet AB1690 CalCare.pdf, nationalnursesunited.org. Summary Today’s U.S. health care system is a complex, fragmented multi-payer system that still leaves wide gaps of coverage and poses significant issues of affordability. Despite health care spending in the United States far exceeding other high-income, industrialized countries […]

Fed rate hikes in the face of declining commodity prices: an analysis of 4 precedents

Fed rate hikes in the face of declining commodity prices: an analysis of 4 precedents  – by New Deal democrat We live in interesting commodity times. Over the weekend, my latest piece at Seeking Alpha highlighted the strong contrary pulls of higher interest rates and lower commodity prices. While not unique, as we’ll see below, the […]

Role of Critical Minerals in Clean Energy Transitions

AB: This particular article had warnings about use, changing any of the content, and proper recognition. Fair use is an issue as if giving credit to the authors and proper authorities. Liking this piece which explores the makeup of the batteries, etc. which energize the EVs being touted today. It explores the detail of what […]

Louis DeJoy Closing the Topeka Post Office, the First to be Closed

I was asked by commenter Fred if I would give an update on the US Postal Service. It had been a month so it makes sense to do so. With the centralization of mail pickup by carriers it was said post offices would close as the sorting and bundling would be elsewhere. The Topeka Post […]

Policies Shifted Trade from China?

Has trade for materials, components, and product shifted away from China to be used in the U.S.? Maybe, maybe not, and maybe later. If you are going to manufacture in the US, you have to have the capability. It make take a bit to get up and ready. If we are buying product, etc. from […]

August 26, 2023, On This Day in 1920, the Nineteenth Amendment Ratified

August 26, 2023, Letters from an American, Professor Heather Cox-Richardson On this date in 1920, the U.S. Secretary of State received the official notification from the governor of Tennessee that his state had ratified the Nineteenth Amendment to the Constitution. Tennessee was the 36th state to ratify the amendment, and the last one necessary to […]

Union Strikes in the US seem big but the numbers of Americans walking off their jobs remains historically low

This is brief commentary is pulled from several sources. It is meant to be an observation. In “Union Booms and Busts,” a new book by the authors Judith Stepan-Norris, Jasmine Kerrissey, a review is taken of the shifting fortunes of U.S. labor, their unions, and of employers and their organizations. This is not meant to […]