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

Box Ship Stuck in the Suez Canal

Mike’s Blog Roundup with Infidel 753 today featuring a Sunday post from “Butterflies and Wheels,” Ophelia Benson used commenter Freelander’s words about the Container ship stuck in the Suez Canal.. Whew, that was a long chain of tributes. If you do not know, the Suez is a short-cut saving days and tons of fuel used […]

Weekly Indicators for March 22 – 26 at Seeking Alpha

 – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. For the first time since I started tracking this data, literally every single one of the coincident indicators is positive. We are starting to experience a boom in economic growth that I expect to continue throughout most if not all of this […]

February Durable Goods: Orders Down, Shipments Down, Inventory Up

Commenter RJS at MARKETWATCH 666 February Durable Goods: New Orders Down 1.1%, Shipments Down 3.5%, Inventories Up 0.7% The Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders for February (pdf) from the Census Bureau reported that the value of the widely watched new orders for manufactured durable goods decreased by $2.9 billion or 1.1 percent […]

Utopian Socialism Brings About Toilet Paper Shortages Maybe In The Near Future

Utopian Socialism Brings About Toilet Paper Shortages Maybe In The Near Future  Yeah, to heck with “socialism” in any of its forms, even old varieties that Marx and Engels denounced, neologizing the label “utopian socialism” for its advocates, even as they made clear their respect for the intentions at least of their intentions, even as […]

February personal income and spending decline

February personal income and spending decline: the back end of January stimulus payments Last month I wrote that the: “report on January personal income and spending shows just how important the stimulus packages enacted by the federal government both last spring and last month have been to sustaining the economy.” The truth of that was […]

Virginia Ends The Death Penalty

Virginia Ends The Death Penalty  Yesterday (or maybe the day before), Virginia Governor Ralph Northam overturned over 400 years of a death penalty. My state had the highest number of executions of any other, 1390, over those 400+ years. And now it is done. Good. “Lawmakers in the Democratic-controlled House of Delegates and state Senate passed […]

Income and spending decline: the back end of January stimulus payments

February personal income and spending decline: the back end of January stimulus payments by New Deal democrat Last month I wrote that the: “report on January personal income and spending shows just how important the stimulus packages enacted by the federal government both last spring and last month have been to sustaining the economy.” The […]

Incomplete and Indecisive USPS Board Floundering and Awaits Direction

It is undecided yet, as to whether a newly assembled Board of Governors would jointly act under the leadership of Ron Bloom, a Democrat and former Obama administration appointee, to dismiss PMG Louis DeJoy. President Biden has appointed three additional members to the Board including; – Ron Stroman, formerly the deputy postmaster general (resigned); – […]

Jobless claims make new pandemic lows at last

Jobless claims make new pandemic lows at last New jobless claims are likely to the most important weekly economic data for the next 3 to 6 months. They are going to tell us whether, as the number of those vaccinated continues to increase, there will be a veritable surge in renewed commercial and social activities […]