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

“Gap between the boom Trump predicted and the volatile results He Produced”

If you are reading this, New Deal democrat predicted 2025 would be a wash in labor growth and the economy. No Boom to be experienced in any case for 2025. And 2026 may not be so great either. “Trump’s ‘roaring economy’ meets a rough start to 2026 with job losses, rising gas prices and uncertainty.” […]

“growing productivity renders the expenditure of labour time increasingly unnecessary”

Tom is discussing the battle between Labour and Machinery. As manual machinery was replaced by NC and then CNC, Labor did not reap anything more for it. Instead, Labour was displaced. Keep one thing in mind. Direct Labor in manufacturing is the smallest component in the cost of manufacturing. The productivity gains Tom speaks to, […]

January personal income and spending: treading water, leading metrics sinking

 – by New Deal democrat Before I get to the main event, a couple of quick comments on the other data released so far this morning:  1. Real GDP as revised only grew at 0.7% annualized in the 4th Quarter of last year. This is often, but by no means always, recessionary. And since there was […]

“divergence between higher-wealth, higher income consumers and their lower-wealth, lower-income counterparts”

Preliminary results from the February 2026 survey University of Michigan economics’ report does not see a dynamic economy for the overall nation. It portends gains for the upper income populace and not so much in store for the lower income brackets. Largest stockholders can look forward to a good year. Those further down, a not-so-great […]

“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 […]