– by New Deal democrat So, first some bad news: my tech issue has resurfaced, so only links to graphs rather than graphs themselves, hopefully just for a day or two. Basically, unless I keep a bar up open to the blog page, Google and Apple sever their “handshake,” and I have to start from […]
I pulled this bullet point information from Josh Bivens piece on the Economic Policy Institute: “The Trump administration’s macroeconomic agenda harms affordability and raises inequality,” Economic Policy Institute. Graph showing the difference in return over 40 years versus Trump’s tax break for the wealthy in one year. It is the same return. It is interesting […]
Ran across this at the Brooking site. There are more issues we should be watching. These are the five I consider to be the most important. I did not include everything for each topic. There is more information to be read which will flesh out each issue. On healthcare also, expect 20 million people to […]
With Trump’s attacks on the Middle East (Iran, we can expect higher prices for oil and more than likely lower inventory. Trump has signaled that the war in Iran could last four to five weeks—or go “far longer.” If tensions in the region continue, it could cause major disruptions to global energy markets and trigger widespread inflation. As […]
Some of the latest oil news from Oil Price, March 6, 2027 March 6. 2026: Brent tops $90 as the Strait of Hormuz closure halts Gulf oil flows and Iraq and Kuwait begin cutting output, fueling fears of a sharper price surge. “Oil Prices Hit $90 as Middle East Tensions Escalate,” Julianne Geiger, OIl Price, […]
February jobs report: Main Street lays an egg – by New Deal democrat I described last month as “the month the birds came home to roost. . . . In particular, the *entire* gains over the past year were reduced from 584,000 to 181,000 – an average of only 15,000 jobs gained per month.” Well, this […]
Partial of a much long commentary. Interesting take by what the Fed is doing. by “Global Glass Onion” who I have known for many years. We have lost contact mostly due to me. Hope he does not mind my pirating a partial on the Fed. Good read. ~~~~~~~ Reality is only those delusions that we […]
– by New Deal democrat Let’s take our weekly look at jobless claims. As a reminder, I pay attention to these because they are a good short leading barometer of the economy in general, and the jobs market in particular. And the news this week continued to reflect the “new regime” of lower YoY claims […]
Taken from TPM as written by Josh Marshall about the Strait of Hormuz. If you are not aware, the strait is a short cut to the oil fields beyond it. If it is closed, shipping will not be able to transport oil. This will add additional costs of fuel. Pipelines will not make up the […]
Increasing the takings by influencing the public and policy or economic conditions. The money from a takings a business or speculator gets from selling goods or services during a particular period. Is there really a shortage so soon? Oil and gasoline industry are a bunch of pirates, Taken from “Gas prices climb in U.S., Southwest […]