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

“signs of both imminent recession and ‘green shoots’”

“Housing permits, starts, and construction: signs of both imminent recession and ‘green shoots’”  – by New Deal democrat This morning’s important data on housing construction contained two apparently contradictory trends: on the one hand, it continues to be – even more intensely – consistent with an imminent or ongoing recesssion. On the other hand, it suggests […]

End some of the Massive Tax Breaks Trump gave out in the One Big Ugly Bill to Fund Healthcare

The only solutions being offered up for healthcare in America are political, favoring industry and healthcare. The issue being this form of healthcare is too expensive. Time to take a step back. Merrill Goozner @ GoozNews, “A health care plan for the mid-terms” Americans say health care affordability is their number one pocketbook concern. In […]

Jobless claims continue at very low levels

“Jobless claims continue at very low levels (plus an update on tech enshittification)”  – by New Deal democrat I’ll post on the updated housing situation later this morning. Meanwhile, before I get to jobless claims, a brief update on the tech situation. It turns out that I am not the only person having this problem. Basically […]

March 9 2026 and . . .

At Angry Bear, Dale Coberly is the resident expert on Social Security. He is the go-to person for questions or discussions. Dale and Bruce Webb wrote on the topic and were known for their knowledge. The issue here being, we are running a shortage of funding. There is still time to correct SS with small […]

“No further progress is likely in the near term towards the Fed’s 2.0% Target”

February CPI: a likely last hurrah for relatively tame consumer price increases  – by New Deal democrat Much like last month, February benefited from shelter and gas prices – for a change – pulling in the same, disinflating, direction. Needless to say, I do not expect that to be the case for March! But in the […]

The “gold standard” QCEW for last Q3 strongly suggests no job growth whatsoever in 2025

– by New Deal democrat The Quarterly Census of Employment and Wages (QCEW) is “the gold standard of US employment measures. It is an actual census of 95%+ of all employers, who must report new employees for purposes like unemployment and disability benefits. Because of this, it is used for the final revisions, a/k/a bench-marks, for monthly […]

Flaw & Fixes

Our Republic is in great peril.  The democracy so proudly brought forth hangs in the balance. The ever-so critical upcoming midterms won’t be Democrats vs. Republicans; they will be we the people vs. them, democracy vs. autocracy and fascism.  Will be even more so if we make it to the 2028 elections (a huge if).  […]

USA Wages and Inflation

USA Facts asks the question, “Are wages keeping up with inflation?” It answers the quest and then provides the data to support its contention. Saying “Yes. From January 2025 to January 2026, wages grew 1.9 percentage points faster than inflation.” When you are listening to the news or reading an article in one of the […]

“new research on foreigners bearing the tariff burden”

Commentary by Erica York at the Tax Foundation on the pass-through impact of tariffs on pricing in the United States. The other possibility is companies may they eat it for a short period of time and maybe pass it through later in the time-table. The idea being the United States may later drop the tariff […]