Biden passed a strong economy over to Trump. A few things Biden passed on to Trump is due to a strong economy: – Inflation was tamed without a recession. – Workers benefited from a strong labor market in years – Households, especially those limited by prior barriers, saw substantial wealth gains. Americans faced significant price […]
Continual progression of Going to War with the Latest (original title below). It is difficult to describe what this administration is doing. Just watching, they are dismantling many of the past programs and doctrine to provide a different view for domestic needs. The military is being given a significant boost in funding and power. And […]
– by New Deal democrat In the past month or two, a number of times I have been asked by friends and neighbors why, if the economy feels so bad, does the stock market keep making new record highs? And is this a Boom or a Bubble? Here is what I have been telling them. There […]
New Deal Democrat: Weekly Indicators: A Negative Steepening of Bond Yields And (Maybe) Shipping Rates Summary: Unsurprisingly, the big move among the high frequency indicators in the past week was interest rates. There was also a secondary big move, which is also inflationary, and reflects the ongoing idiocy of the current Administration in Washington: international […]
Yep, This one is from a couple of weeks ago. I like it because, we are seeing Trump destroy much of the economy, building debt, legislating tax giveaways to the upper 10% in the economy, snatching healthcare away from the middle and low in income citizens, and just being an ass. And Republicans are helping […]
I feel a decade has passed since I last wrote (or presented articles) about Hospital Corporations buying up hospitals, closing some, and creating monopolistic environments. This has had impact in rural areas and lower income parts of states and cities. Residents suffer in the end due to higher pricing and less care available to them. […]
Two Trump (who else?) executive orders were issued in March (2026) which basically cause minority borrower additional hoops to jump through or road blocks to loans. In fact, the claim by this administration, the removal these mortgage protections will promote access to mortgages and remove barriers. The National Fair Housing Alliance® us claiming the opposite […]
– by New Deal democrat One of the things I used to harp on was that many forecasters make the mistake of simply taking an existing trend and projecting it forward. Often it is paired with the idea of “all things being equal,” i.e., that there won’t be countertrends in other sectors of the economy. […]
This Krugman commentary is from the last week of April. It touches upon the Middle East, the consequences of attacking Iran, and oil. In other words, it is still relevant to what is happening. A good recital of how we got to where we are today. All due to Trump’s neediness to be the man […]
– by New Deal democrat Consumer spending is about 70% of the economy, and retail sales is our first wide measure of that spending. For the second month in a row, this morning’s update for April was unsurprisingly dominated by what happened at gas stations. Nominally, total retail sales rose 0.5% in April, But after […]