– by New Deal democrat Much of the commentary on yesterday’s CPI report suggested that the tariff impacts were apparent. My own analysis was more cautious. That’s simply because we don’t know for sure which items were affected by tariffs, and at this point referring to, e.g., appliances that showed relatively large monthly increases in prices […]

A recent photo of a park and probably a practice raid on an area where people hang out kind of makes you wonder why people would want to come to America. Why come when the US President and a host of bigoted supporters make life miserable for people who look different, speak with an accent, […]

 – by New Deal democrat We are at somewhat of an inflection point as to consumer inflation. On the one hand, the post-pandemic inflationary effects continue to fade. But on the other, we are waiting for the effects of Tariff-palooza!  In June the waning post-pandemic effects continued to dominate, as the only items still rising […]

 – by New Deal democrat The post-jobs report data drought finally ends tomorrow. Today, let me take the opportunity to update some important trends that have been affected or caused by the T—-p Administration’s “policies.”  All graphs below showing absolute values have been normed to a value of 100 as of Election Day last November. […]

Pulled up the rest of the story on young US citizens doing the same work as migrant labor. The thought being they were young enough to do it. Teenage boys heeding the call of a federal government looking for teens to work on farms. That was 1965. I can tell you laboring for a bunch […]

Trump’s deportation agenda will destroy millions of jobs  Briefly: The Trump administration’s anti-immigration and deportation agenda will harm millions of people and the workforce. Four years of deportations could eliminate millions of jobs held by immigrant and U.S.-born workers according to research on increased immigration enforcement. Instead of funding aggressive and indiscriminate immigration enforcement, Congress […]

“Jugging or bank jugging” refers to a type of crime where individuals are targeted after making cash with-drawals from banks or other financial institutions. The criminals, known as “juggers,” follow victims to a second location and then rob them, often using force or threats.  I always tell family, be aware of what is around you when […]

I don’t know much about New York City, but I do know that the upcoming NYC election will be about democracy vs wealth, the people vs wealth; about whether wealthy interests or the people govern.  How do I know this?  Because, ever since our Declaration of Independence and Constitution threw off the tyrannies of monarchies […]

– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Despite the warning signs in some of the recent monthly data that I’ve highlighted in the past several weeks, the high frequency data this past week indicated smooth sailing, at least for now. Some of that is likely due to the 4th of […]

David Zetland, The one-handed economist The US dollar (USD) is the world’s currency of exchange, debt investment, and reserve currency. These different roles are often merged in our heads because they’ve been synonymous for decades, but the wheels are falling off and those roles — I think — will unbundle. I’m going to explain, but […]