Student Loans are something Congress likes to mess with as an issue. The issue being, students are making off with millions or billions of dollars. Nothing could be further from the truth. Student loans will follow people till their death whether they can pay it or not. Congress has no issues in troubling young students […]
This entirety of this piece by Commonwealth Fund covers more than a Jobs cutback. There is a definite meanness in this legislation by President Tru_p and Republicans. It is meant to skew tax breaks to people who do not need tax breaks at the expense of overall healthcare cuts. This will impact more than just […]
– by New Deal democrat The good news is, we are back to the normal weekly jobless claims releases. The really good news is that this week’s number, except for one week in 2022, was a new 50 year low! The bad news is that Holiday seasonality is very much in play, so take the good […]
Not so sure why this has been called hidden. It is painfully obvious in accidents. These are made so people can ride around in larger-than-life vehicles. It seems like more of a complex. People compensate for it by getting the largest vehicle they can acquire even if it will not fit in a driveway or […]
– by New Deal democrat Probably the most important economic news this entire week was this morning’s ISM services report. Services are about 75% of the economy, and this report was for November, which means it is the most wide-ranging and current datapoint we have at the moment. And the news on this front was almost […]
Just some basic information and explanation. A few notes on wealth and income and the growth for a few since 1989 K-Shaped Recovery A K-shaped recovery occurs when, following a recession, different parts of the economy recover at different rates, times, or magnitudes. It’s called K-shaped because the path of the different parts of the economy […]
– by New Deal democrat Although not published by the federal government itself, the Fed’s measure of industrial production relies on some federal data, and thus it was not updated during the government shutdown – which means that this morning’s update is likewise stale, being for September. Industrial production has been much less central to the […]
Dean writes about a period of time, I was attempting to work in and was getting “no-where” fast. I had left the USMC April 1971, married this beautiful woman, we left NYC. and went to Chicago (my stomping grounds). Went to work for one company which was low paying and adversarial in many ways. I […]
If I am reading New Deal democrat’s commentary correctly today , we definitely are flying blind. We are not getting all the economic detail we need to know which way the wind is blowing economically. Not a good situation to be in and Republicans appear to be ok with this scenario. It can because they […]
Trump is borrowing from the Zohran “Socialist” Mamdani playbook to brand himself as the affordability president. ““I AM THE AFFORDABILITY PRESIDENT,” Trump wrote in the Saturday morning [Pravda Social] post. “Trump based that proclamation on his claim that “DRUG PRICES ARE FALLING AT LEVELS NEVER SEEN BEFORE, 500%, 600%, 700%, and more.” He also suggested […]