– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The trends of strong retail spending, a weak US$, and strength in commodity prices all continue. But in recent weeks withholding tax payments have waned. While there can be a number of causes for that, it definitely merits a caution flag as to […]
Short commentary on what is going on with US prices. With Trumpian on and off policies, economic stability is difficult to maintain. Pulled this graph from a Tax Foundation article from October 21, 2025. “Trump Tariffs Raising Prices for Consumers, New Evidence Shows.” As you can see. prices did increase for domestic product just as […]
Looks like Trump is finally seeking tariff reductions to lower the price of groceries. “The White House on Thursday during a background call with reporters announced framework deals with Argentina, Guatemala, El Salvador, and Ecuador that it hopes will bring down the costs of certain groceries. “These deals come after President Donald Trump and some […]
– by New Deal democrat Earlier this week, I wrote about 4 current shocks to the US economy (tariffs, medical insurance increases, SNAP payments, and AI related layoffs), but I should have included a 5th as well: the effect of the end of the student loan repayment moratorium. As a quick refresher, the Biden Administration enacted […]
Hospital CEOs Pay Is Too Damn High, MedPage Today President Trump’s One Big Beautiful Bill Act — otherwise known as the “Big Beautiful Bill” — is projected to magnify economic inequality in the U.S. By 2034, the top tenth of U.S. households will see an estimated $13,600 increase in “household resources” (annual income), while the bottom tenth […]
– by New Deal democrat Although the temporary continuing resolution was signed last night, reopening the Federal government through January, needless to say the reporting of economic statistics has not yet resumed, meaning that this morning’s scheduled reports on consumer inflation and retail sales for October were not released. So we must continue to rely on […]
There is a personal interest here. I had studied architectural design in high school as my main interest. Some of my plates did win mentions. I could design a house. My designs were black and white. An artist, I am not. We went through wood shop, house framing. and drafting in high school. There were […]
– by New Deal democrat From Avika M. Cohen, “Litigation Disaster tour guide”: ——- Ppl need to understand what’s happening here. The GOP response to the shutdown was: You’re gonna cave, or we’re going to hurt vulnerable people by shutting off SNAP. The Dems, unwilling to let that happen, caved. Having watched that, the GOP is […]
The Republican Party and the American right-wing (but I repeat myself) has been predicting for over 100 years the doom of the US if liberals or moderates are elected. Yet somehow, these absurd prophecies are evergreen. “Fox News host Sean Hannity on Tuesday ranted about the supposed dangers of New York City Mayor-elect Zohran Mamdani, […]
Demand, Costs, and Regulation . . . The one-handed economist Gary @ YouTube gives one good answer: the rich are buying all the houses. So go watch that, to learn about one shift on the demand side. Shifts in demand are caused by, among other things, changes in income or taste. The rich have more income so they […]