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

Improvement in initial jobless claims continues

I have been following New Deal democrat for a long time now. What NDd is reporting in this post is a big deal going into November’s Elections. In spite of all the negativism being reported by political interests, the economy is still moving forward. People are still working. I keep having to remind people about […]

Breaking Into Agriculture: Episode 2, Small Scale Multi & Monocrop Farming

With the Breaking Into series we will explore US agriculture, the least complex, the most complex, the failures, frustrations, sustainability, costs, and future of each topic that makes up modern agricutlure. On this episode we are going to explore a more complex, yet still small, system of farming for profit, Small Plot Farming. Small Plot […]

PPI, without the lagging phantom of Owners Equivalent Rent, declines in August, decelerates YoY

PPI, without the lagging phantom of Owners Equivalent Rent, declines in August, decelerates YoY  – by New Deal democrat What a difference it makes that PPI does not have a concept like “owners equivalent rent!” Overall PPI declined by -0.1%, following a -0.4% reading in July, together the two lowest readings since the pandemic lockdown […]

What News was in My In-Box

A lot of informational news deposited in my In-Box this week. Nothing this week is taken from anywhere else. I think last week, I included one news article from the outside. Political, Economic, Healthcare news are my mainstays. The usual economics and business news coming from different sources. Yes, inflation is still an issue. I […]

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 […]

August CPI: sharp gains in housing and new cars offset declines in used cars and gas

August CPI: sharp gains in housing and new cars offset declines in used cars and gas  – by New Deal democrat Following up on yesterday’s post, let’s cut to the chase: Total CPI +0.1% Energy -5.0% Used vehicles -0.1% New vehicles +0.8% Owners’ equivalent rent +0.7% (biggest monthly gain since 1990) YoY inflation declined to […]

Previewing CPI

Previewing CPI No economic news today. Tomorrow the August CPI will be reported. Recall that in July there was no inflation whatsoever. In August last year prices increased 0.3%, so any number lower than that will lower YoY CPI from its July level of 8.5% (June’s 9.0% YoY inflation having been the peak). The big […]

Breaking Into Agriculture: Episode 1, Market Gardens

With the Breaking Into series we will explore US agriculture, the least complex, the most complex, the failures, frustrations, sustainability, costs, and future of each topic that makes up modern agricutlure. On this episode we are going to explore one of the more simple ways to get into professional agriculture, Market Gardens. Market Gardens by another name […]

Combating Nativism and Making America Stronger

Combat Nativism and Make America the Most Welcoming Country in the World Some findings from the Roosevelt Institute: “New report: Combat Nativism and Make America the Most Welcoming Country in the World” – Roosevelt Institute In 2020, natural disasters forced more than 30 million people to migrate across the globe. by 2050, climate change impacts […]

Will The Iran Nuclear Deal Ever Get Reestablished?

“Will The Iran Nuclear Deal Ever Get Reestablished?,” Econospeak  It (Iran Nuclear Deal) keeps looking like it might, but then no obstacles have appeared yet. President Biden promised to undo what I have long argued was the worst foreign policy mistake made by Donald Trump. He should have just done it right after he took […]