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

The actual cost of college in America

I’m seeing the usual hyperventilating about college tuition. Look, there’s a lot of competition, particularly among the more competitive universities, to post exorbitant sticker prices for tuition because it makes them look valuable. The reality is that college tuitions are steeply discounted and most domestic students get “scholarships” that reduce the actual cost. “ . […]

March consumer price inflation was still mainly about the dynamics of shelter and gas prices

 – by New Deal democrat The Bonddad Blog New Deal democrat has been on top of the discussions of shelter and/or gasoline prices in February and also in January. He has been on top of these discussions which appear to be making the news moreso in April than earlier in the year. I have linked […]

Open Thread, April 12 2024 Inflation Increases – Look to Gasoline and Shelter

Consumer Price Index – March 2024 (bls.gov) “The BLS index for shelter rose in March, as did the index for gasoline. Combined, these two indexescontributed over half of the monthly increase in the index for all items. The energy index rose 1.1percent over the month. The food index rose 0.1 percent in March. The food […]

March CPI: Should We Be Worried?

by Dean Baker Center for Economic and Policy Research The inflation hawks took March’s CPI as cause for celebration, inflation may not be dead yet. There is no doubt that it was a disappointing report for those hoping we could put the pandemic inflation behind us. However, there still is not much basis for thinking […]

Initial claims continue to be rangebound, and a positive for the near term forecast

 – by New Deal democrat The Bonddad Blog [NOTE: After traveling all day yesterday, I decided to put off any comments on the CPI upside surprise until later today. Short version is that shelter continues its slow decent, gasoline picked up, and services are accelerating as one might expect in a strong economy with the supply […]

Travelin’ man: Weekly Indicators for April 1 – 5 2024 at Seeking Alpha

– by New Deal democrat I neglected to post this over the weekend, so I will post it now…. Weekly Indicators: The Coincident Indicators Say ‘Soft Landing Is Here.’ – Long Leading Indicators Show Improvement – Short Leading Indicators are showing mixed results. – Coincident Indicators suggest a Soft-Landing scenario for 2024. “My “Weekly Indicators” update […]

Other Taxes on the Rich for Social Security? The Wrong Approach

I touched on a commentary at another site where the commentary was about healthcare. The sites author was advocating for the increase of the Social Security cap only on high income earners. There is a ground swell for taxing the rich more, which is acceptable to most. When we look at this closely, there is […]

Small scale carbon capture

EVs are certainly proliferating, not only here in East Providence but all over the planet. However, Hertz’ retreat from the rental market demonstrates the challenges facing companies with large fleets of vehicles. Hertz cuts EV fleet by a third Trucking companies have a lot invested in their diesel engine-powered truck fleets, and of course, many […]