– by New Deal democrat In the past week, I have been updating my suite of long leading indicators. First I looked at “real” consumer-focused indicators. Then I looked at housing, an important interface between consumers and producers, as well as corporate profits. Next I updated interest rate indicators. I this final installment I will […]
How does deportation policy impact the United States economy. It was predicted in and around 2006, decreasing birth rates in the United States would have an economic impact. Consider for a moment, Trumps deportation and limiting immigrants to the United States will only aggravate the need for Labor input. Fewer birth and an anti-immigrant policy […]
A bit of Kareem on a Sunday morning. “Tax Day Shows the Gap” Kareem Takes on the News Summary by Kareem: On Tax Day 2026, three prominent voices—Nobel laureate economist Joseph E. Stiglitz, New York City Mayor Zohran Mamdani, and EU Tax Observatory founding director Gabriel Zucman—argue in The Guardian that America’s tax system systematically […]
Additional nontechnical information on tariffs in the United States EconoFact: Tariff Payback Tariff Payback This week, the Trump administration began accepting requests for refunds of more than $166 billion in tariff payments following the Supreme Court’s February ruling: “the International Emergency Economic Powers Act (IEEPA) does not authorize the President to impose tariffs.” Who Benefits: But while the refunds […]
This commentary is a breakdown of Figure 1 detailing each of the results and purposes of Medicap. I favor graphs as it is far easier to understand than reading a few pages. The charts do show issues such as income to afford Medigap and restrictions. I have Plan N which covers most of what I […]
– by New Deal democrat As I noted earlier this week, I haven’t updated my suite of long leading indicators in a while, mainly because they have been overwhelmed by the economic chaos emanating from Washington, and partly also because several important ones are in terra incognito. On Monday and Wednesday I updated the non-financial […]
The last few weeks in Arizona, we have experienced higher than normal temperatures. Well, of course we are in Arizona, what would you expect? I am hearing from the longer term residents, about 10 degrees lower. It is not terribly hot. just unusual. I believe we face a greater danger from the building of more […]
Trump’s Never-ending War and Trump’s Never-ending Tariffs are pushing up Never-ending price increases “Why Consumers are F*cked” Robert Reich Energy Secretary Chris Wright’s admission yesterday that it “could be next year” before gas prices return to below $3-a-gallon is causing trauma in Republican circles because “next year” is after the November 3 midterm elections. Initially Trump said he could […]
Gallons of digital ink are spilled weekly about how AI will be a job-destroying juggernaut. But it’s far from clear that all jobs will be vulnerable and on what time scale the AI replacement will occur. “Who gets laid off first? Writers and editors are at the greatest risk, the report says — 57 percent […]
– by New Deal democrat Let’s take our weekly look at jobless claims, recently perhaps the most positive datapoint in the entire economy. And it continued to be so this week. New jobless claims rose 6,000 to 214,000, while the four week moving average rose 750 to 210,750. With the typical one week lag, continuing claims […]