CPI Report with just the facts being reported. Another report after the CPI Report. Gap in spending growth between higher-income households and all others was at its largest since mid-2022 . . . And many people will lose healthcare due to drop in the ACA subsidies and Medicaid. ACA Subsidies will go from 600 FPL […]

Back to the future past: “Since Trump took office in January 2025, U.S. emissions have increased 1.9% largely because of the renewed use of coal, the dirtiest of the fossil fuels. The Environmental Protection Agency revoked the scientific finding that has been the basis for regulating emissions from cars and power plants since 2009.”  Climate […]

Taken from a site named Cheapism. I suspect New Deal democrat will have more to say on the topic. “yesterday’s jobs gain of 131,000 for January and whether it means employment is on the upswing, completely neglecting a one month does not a trend make. “130K new jobs were added in January. So where are […]

– by New Deal democrat Before I get to the main point at hand, let me make a quick note about this morning’s existing home sales report for January: it was more of the same. Sales remained within the sideways range they have been in for nearly the past three years; prices were nearly flat YoY, […]

“the French public has signaled strong support for a 2% tax on the ultra-wealthy; and a proposed California ballot initiative would enact a one-time 5% tax on billionaires’ net worth.” What I I would suggest for the United States is a reversal of all of Trump’s polices impacting the wealthy. “Average tax cuts are generally […]

Over the past year, Trump has been undermining the US tourism business. “Inbound travel from all countries to the United States was down 5.4 percent from January through November of 2025, according to the US Commerce Department’s National Travel and Tourism Office. But it’s Canadians who have been staying away in the largest numbers. In […]

– by New Deal democrat Unresolved post-pandemic seasonality likely continues to rear its head. This is a probable explanation for yesterday’s strong monthly gain in employment, and it appears to be behind the trend in this morning’s jobless claims report as well.  Later this morning as promised yesterday I will discuss at some length the nature […]

It has been a while since I have seen a rather good presentation analysis on how benefits gain out way the costs of pollution. In its brevity the analysis by Prof. McCabe offers up an excellent cost analysis which makes one wonder why? Why has the nation delayed in doing this if there is such […]

– by New Deal democrat This is the month the birds came home to roost, at least for the year 2025. While the month over month numbers were almost all positive, some strongly so (a repeat of what we saw last January as well, so beware unresolved seasonality), the benchmark revisions were brutal. Which is likely […]

Yesterday the House (barely) rejected an effort to block members from challenging Trump’s “emergency” tariffs.  The sordid details are here.  The Senate has previously taken some steps in this direction, and with Trump’s approval ratings still declining and the possibility of a mid-term wipe out looming it seems possible that we will see Congress move […]