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

Job Market Pessimism

Report by Benedict Vigers on how young America is faring in today’s Job Market. Fewer young people are finding jobs in America than those who are 55 and older. That is kind of odd as companies typically favor the young over the old in job searches. To read this is kind of a surprise for […]

Jobless claims continue to forecast Economic growth and a tight labor market

This morning there is a slew of economic data, including personal indome and spending, jobless claims, durable and capital goods orders, revisions to GDP, and new home sales. Since tomorrow there is very little data, I am going to report on the first two tdoay, and save the rest for tomorrow.  – by New Deal democrat […]

But, According to The Gov. Everything is Going Well in the Economy

President Trump says the economy is strong and “we have the best economy.” The number do not necessary support his contention. Food as well as other items have experienced increasing prices without an increase in take home pay to match the costs of this economy. “Nearly half of the people responding to the University of […]

“go bankrupt and an extra 2 million people who should not be there will suffer”

Recently, I read a bit about climate change. Apparently, it is felt we did what we could do to minimize what we do today and to minimize Climate Change from our own actions. It was more likely than not, not enough, In AZ and even though it is illegal, Many vehicles have altered exhaust systems. […]

Harsher Politically Inspired Immigration Policies Will Affect Labor Needs, Taxes, and Economy

The United States will eventually face a lack of labor due to the present citizen’s reproduction rate, In 2006, reproduction was at 2,01. In 2026, reproduction is at ~1.6. In which case the amount of Labor in the United States may become strategic to its economic growth. “The U.S.-Born labor force will shrink over the […]

Why no US recession? Free spending by the upper class

– by New Deal democrat There is a slew of economic data being released tomorrow, the most important of which will be personal income and spending, so I will likely defer some reporting on the other data until Friday. But in the meantime, there’s no significant data today. So let me take this opportunity to show […]

Annals of economic prophecy

“Stahl then referenced Sorkin’s latest book, “1929: Inside the Greatest Crash in Wall Street History — and How It Shattered a Nation,” before further pressing him over whether he thinks America will face another economic disaster like in 1929. “The answer is, we will have a crash,” he said. “I just can’t tell you when, […]

Repeat home sales continue to show disinflation; shelter CPI likely to continue to be a non-factor

 – by New Deal democrat For the last number of months, I have been putting front and center that housing prices have ceased being an engine of inflation. In fact, changes in repeat home sales prices as measured by both the Case-Shiller National Index and the FHFA Purchase Only Index are at levels that with only […]

A realistic Manufacturing Problem when Suppliers Leave the Market

Italicized is my take on the issue. It is something I might do when I ran into similar issues as a Purchasing Manager or Supply Chain Manager. “While Everyone Watched Feedstock, Nylon Supply Base Quietly Shrank” Plastics Today Michael Workman The resin market story you’ve been reading about all spring is real. Benzene is approaching […]