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

Small scale carbon capture

EVs are certainly proliferating, not only here in East Providence but all over the planet. However, Hertz’ retreat from the rental market demonstrates the challenges facing companies with large fleets of vehicles. Hertz cuts EV fleet by a third Trucking companies have a lot invested in their diesel engine-powered truck fleets, and of course, many […]

Joe Biden’s roll out of a new student loan forgiveness plan

The Biden administration will soon roll out a new student loan forgiveness proposal that could impact millions of Americans. For years, Joe Biden has been against Student Loan forgiveness. Now he is seeking forgiveness for making student loans totally unforgiveable. The proposed student loan program is smaller in scope than President Joe Biden’s first education debt relief plan which the Supreme Court ultimately […]

March jobs report: almost uniformly positive, making a “soft landing” the default 2024 scenario

In sum, this month’s report was very much consistent with a “soft landing” scenario, which must be regarded as the default outcome at this point. Read-on for the details . . . – by New Deal democrat The Bonddad Blog In the past few months, my focus has been on whether jobs gains are most consistent […]

Freedom Echoing: A legislative fix for health care?

by Kip Sullivan JD This is a long one covering managed care and value-based care healthcare in Minnesota. The topic being why it hasn’t worked. It is worth the read. Angry Bear has covered Kip’s message on healthcare in an effort to show why healthcare costs are out of control. “The commission recommends the new […]

Decline in continuing claims, stability in initial claims suggest downward pressure on the unemployment rate

 – by New Deal democrat The Bonddad Blog Initial claims in the last week rose 9,000 to 221,000, while the four week moving average increased 2,750 to 214,250. With the usual one week lag, continuing claims declined 19,000 to 1.791 million: On the more important YoY% basis for forecasting purposes, initial claims are up 2.3%, while […]