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

The 2020 Presidential and Senate nowcasts: Positions are getting entrenched, and spreading down-ticket

The 2020 Presidential and Senate nowcasts: Positions are getting entrenched, and spreading down-ticket Here is my weekly update on the 2020 elections, based on State rather than national polling in the past 30 days, since that directly reflects what is likely to happen in the Electoral College. Remember that polls are really only nowcasts, not forecasts. […]

Birthday Party & Quest for WiFi led to the Wakashio grounding off of Mauritius

“The 58-year-old captain of the ill-fated Newcastlemax-type bulk carrier WAKASHIO could face negligence charges” after it was discovered the crew was celebrating a crewmember’s birthday  as the ship edged closer to the Mauritius coastline seeking wifi signals just prior to the bulk carrier’s grounding on a reef off the island’s south coast. It appears seeking close proximity to the populated […]

Questions for Postmaster General Louis DeJoy

Save the Post Office is edited and administered by Steve Hutkins, a literature professor who teaches “place studies” at the Gallatin School of New York University. Prof. Hutkins (Steve) is the author of this commentary. Postmaster General Louis DeJoy has been on the job just two months, but he can already boast of many accomplishments, […]

Industrial production and retail sales both improve strongly in July, suggest further gains in employment

Industrial production and retail sales both improve strongly in July, suggest further gains in employment This Friday morning two important indicators for July, with implications for future employment, were released: retail sales and industrial production. Retail sales for July increased 0.8% on an unadjusted basis. After adjusting for inflation, they rose 0.7%. In the past […]

Initial and continuing claims: the most “less awful” so far

Initial and continuing claims: the most “less awful” so far This Thursday morning’s initial and continued jobless claims continue the trend of “less awful” numbers that resumed last week. New jobless claims, which fell to under 1,000,000 for the first time on an unadjusted basis last week, declined about 150,000 further to 831,856 (red in […]

The End Of Special Fiscal Stimulus

The End Of Special Fiscal Stimulus  A week ago a two week long negotiation between Dem Congress people, Nancy Pelosi from the House and Chuck Schumer from the Senate and Treasury Secretary Steve Mnuchin, who cut deals with Pelosi and Schumer three times earlier this year, but now Trump’s Chief of Staff, former Freedom Caucus […]

RFL: Mark Jamison, Trump vs. The USPS & the Importance of Mail-In Voting

Contributor to Save The Post Office and Angry Bear blogs, Mark Jamison was interviewed and featured on Richard French Live, also can be seen on Meet the Press hosted by Chuck Todd, and later CNN. In this RFL YouTube, Mark gives all the reasons why we should be concerned with trump and Louis DeJoy tampering […]

Now

WWII was America’s finest hour. Before that, her multitude of sins had always been covered up by her bounty of natural resources, her yet unsettled land, … her offer of opportunity. There was room to grow, chances for people to start over, … In the lead up to, and during, the War, America stepped up. […]

Trump ally Louis Dejoy Making ‘high-risk’ changes at USPS

“Trump ally making ‘high-risk’ changes at USPS, says former postal service deputy,” The Guardian, Sam Levine, August 12, 2020 I received a message from former NC Postmaster Mark Jamison and Angry Bear contributor about a brief interview he did with The Guardian for part of its story on the changes being done at the USPS […]

July inflation consistent with early recovery; no compelling evidence of wage deflation

July inflation consistent with early recovery; no compelling evidence of wage deflation   Yesterday morning July consumer prices were reported to have increased 0.6% for the second month in a row (as did core inflation, ex-food and energy): As a result, YoY inflation has increased to 1.0%: