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

Repeat home sale indexes show continued deceleration in house price inflation

Repeat home sale indexes show continued deceleration in house price inflation, more comfort room for Fed to cut rates  – by New Deal democrat This morning, we got the repeat home sales price data from the FHFA and Case Shiller. And the news was good, especially in the slightly leading FHFA Index. This is of […]

Banning Price Gouging. What Do Economists Say? – WSJ

Americans hate high prices, and Kamala Harris says she plans to combat them by banning price gouging in food and groceries. But, depending on what form it takes, economists could hate her plan. Vice President Harris, who will formally accept her party’s nomination at the Democratic National Convention in Chicago this week, has laid the blame for high food […]

FTC is Interfering with Kroger and Albertson’s Consolidation

Yes, it is true. That is only part of the story. There is more to it as to why the FTC is interfering. I am surprised there is not more “current” information on Cerberus and Apollo Global involvement in the Kroger-Albertsons merger. I keep reading the same blathering over and over. $25 billion at play […]

Arizona will decide on Abortion This November

The Arizona secretary of state’s office recently certified 577,971 signatures which is far above the number required to put the question of Abortion before voters. PHOENIX (AP) — Voters in Arizona will be able to decide in November whether they want to protect the right to an abortion in their state constitution. The Arizona Supreme […]

Wage growth strongest for low-wage workers between 2019 and 2023

According to Word Press this article by EPI can be read in 7 minutes. It is not a difficult read and gives quite a bit of information. Wage growth strongest for low-wage workers between 2019 and 2023 In this analysis, we divide the wage distribution into roughly five groups to uncover recent wage trends at […]

New Medicaid Rule Gives Hospitals Greater Market Power

Increasing profits far above actual costs. Think Medicare Advantage as compared to Medicare. Over the past 20 years, the prices of hospital services have grown faster than any other sector of the US economy. Unfortunately, the federal government recently issued a regulation intending to address underpayment of hospitals by Medicaid. However, the new rule could push hospital prices […]

Population Growth, What the Revision to the Jobs Data Means

New Deal democrat talked about the issues of the difference in Household and Establishment population numbers here and here (Bonddad Blog) and also on Angry Bear. I also added some detail in two separate posts also. Accordingly, New Deal democrat; “A big current issue with the Household Survey is whether, by relying on Census estimates, […]

New Deal democrats Weekly Indicators August 19-23 . . . Progress?

Weekly Indicators for August 19 – 23 at Seeking Alpha  – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. This week, for the first time in several years, the number of long leading indicators improved just enough for me to move the rating from “negative” to “neutral.” And the short leading indicators […]

Older Civilizations had ways to counter the urban heat island effect

I had studied architecture in the Chicago high school I attended and found the idea of drafting homes and buildings with the other features to be interesting. Why(?) is another story. What interfered with my going further into the interest was “not ready for college,” a war-time US, and probably the lack of maturity then. […]

Warren Taking on CNBC Host Joe Kernen on Price Gouging

Goldratt’s “The Goal” talks about throughput at any cost (if need be). More or less a business novel preaching insightful truth. Productivity is the act of bringing a company closer towards its goal. If the company’s goal is to make money, then we should focus on increasing throughput, decreasing inventory, and decreasing operational expenses. At […]