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

A New Agenda for Postal Reform

Steve Hutkins of Save The Post Office critiques the cost-saving measures put into play to-date by PMG Louis DeJoy, the bypassing of the Postal Regulatory Commission which is supposed to review such plans, and the resulting unprecedented mail delays across the country. Steve proposes a plan to meet the Covid crisis impact on the Postal service […]

Redux et Redux

Slavery, never gone, had been given new life in Europe with slaves from Africa; first by Portuguese Traders in the 15th Century, then by the Spanish in the 16th. The bubonic plague of the 14th Century had wiped out one-third of Europe’s population; Europe needed laborers. Slavery was widely practiced on the continent and in […]

Jobless claims: only one week’s data, but cause for significant concern

Jobless claims: only one week’s data, but cause for significant concern   Today marked the biggest increase in new jobless claims in two months, and one of the two biggest increases since May, while the slightly lagging continuing claims continued to decline. On a non-seasonally adjusted basis, new jobless claims rose by 76,670 to 885,885. […]

Just Stirring the Pot – Updated

Regeneron Seeks Emergency Approval per trump’s miracle recovery and subsequent endorsement. Biotech company Regeneron moved Wednesday to apply for emergency approval for an experimental antibody treatment praised by President Trump. “Subsequent to our discussions with regulatory authorities, we have submitted a request to the U.S. Food and Drug Administration for an Emergency Use Authorization (EUA) […]

To Do IV. Education

The COVID-19 pandemic is just what the Doctor ordered for American education. Well, it could be. First, we must, as is our wont, muddle for as long as possible. Plenty of time. What with students and teachers being quarantined one right after another, it’s going to be a long year. Time a plenty to fall […]

Happy Every Economic Statistic in the World Day! 4. Manufacturing continued to expand strongly in September

Happy Every Economic Statistic in the World Day! 4. Manufacturing continued to expand strongly in September This morning’s final economic report is the ISM manufacturing index for September. This is a short leading indicator, and the new orders subindex specifically is one of the 10 components of the Index of Leading Indicators. A neutral reading […]

Just Saying

We the majority 60% are being tyrannized by the minority 40%. Other the democratically elected House of Representatives, we are being governed by a President and Senate that are not representative of us, that oppose our majority positions. We the majority are being particularly tyrannized by the current Senate Majority leader who is from the […]

Wages and The Market

In the 19th century, employers stove off employee demands by bringing in immigrants willing to work under existing conditions. In the 20th Century, consequent the Great Depression, prohibition of child labor, immigration reform, … it was no longer so easy for employers to ignore workers demands. Unions took root and membership grew and so did […]