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

When Confronted By the Truth . . .

“Jawboning, the moral suasion in the context of economics and politics. In action such is the use of authority to persuade various entities to act in certain ways. It can sometimes be underpinned by the implicit threat of future government regulation.” President Joe Biden uses the bully pulpit during the State of the Union address to call […]

Why Do Voters Trust Republicans on the Economy More Than Democrats?

This is another inciteful commentary by “annie asks you.” Just like Josh in the movie “Big,” I am raising my hand, stating “I don’t get it.” I don’t get it as to why people would prefer trump over Biden especially after two years of a recovering economy. Maybe many of them were not around for […]

February Mfg. and January Const. Continue Negative, while Auto Sales Improve

February manufacturing and January construction continue negative, while auto sales improve  – by New Deal democrat We started out yet another month of data with bad news in two leading sectors. The ISM manufacturing index has been showing contraction since November, and its more leading new orders subindex since September. And did so again in February, […]

Water Usage Efficiency in Factory Farming and Housing

I am in Arizona these days and watching the state and local area scramble to get developments approved before the Federal Agency in charge of the Colorado River water decides who gets what. I suspect if you have an approved Build, a state will be allowed to build it. The Feds have applied the new […]

Housing prices continue to come down – like a feather

Housing prices continue to come down – like a feather  – by New Deal democrat As I’ve repeated many times in the past 10 years, in housing prices follow sales with a lag. Housing permits and starts both peaked early in 2022, and house prices followed during the summer. This morning the FHFA and Case Shiller […]

Salve Lucrum: The Existential Threat of Greed in US Health Care

The biggest driver of healthcare cost is simply “pricing” increases reflected in hospitals, pharmaceuticals, and healthcare insurance. It was Dr. Donald Berwick while head of Medicare and Medicaid during the 1st half of the Obama administration has said, repeatedly, that at least 1/3 of Medicare dollars ware wasted on unnecessary tests, procedures and drugs that […]

Durable goods orders: more deceleration, still no recession

Durable goods orders: more deceleration, still no recession  – by New Deal democrat I normally don’t pay too much attention to durable goods orders. That’s because they are very noisy. They don’t always turn down in advance of a recession (see 2007-08), although they may at least stall, and there are a number of false […]

Looking at the Trump 2017 Tax Breaks and Extension of them

Trump’s Tax Cuts and Jobs Act (TCJA) made significant changes to the federal tax code. The major changes were the lowering corporate and individual income tax rates, increasing the standard deduction, reforming child tax benefits, and reforming the corporate international tax system. In an effort to mask its true cost and fit it within cost […]

Bringing Railroads Under Public Ownership

UE or the United Electrical, Radio & Machine Workers of America union’s role in railroading is the transportation of train crews. It has a membership of approximately 2,000. Its Executive Board recently issued a statement concerning costs and the plight of labor. And the issues? Pricing issues within the transportation of goods across the US. […]

On student loans’, “Letters To The Editor” Waxahachie Sun

Besides fishing for various in district Federal Judges to sponsor Paxton’s lawsuits against the Federal Government, there is Che Ted Cruz – a want-to-be. Student Loan Justice member Jacque Abron calling Ted Cruz out. ‘On student loans’, Letters To Editor,, Jacque Abron at Student Loan Justice The fact that Texas legislators like Ted Cruz […]