This piece from the Urban Institute’s Kids’ Share discusses how cuts to federal programs will have a negative impact on all children benefiting from federal programs. That is a given. However it will be a much larger impact than thought. Such programs make up a smaller percentage of the Federal Government spend. There is little […]

When I say uncelebrated, it could be result of various unpreventable causes. Mother’s Day is a congressionally established holiday to celebrate Mothers. The nation does honor mothers the second Sunday of each May. In AZ, we are the unrelated grandparents to a Mexican family living across the street from us. While their mom is in […]

 – by New Deal democrat My current Big Theme is that the AI Boom (or possibly bubble) is counterbalancing a stagnant or even shallowly recessionary rest of the economy. (I have to ask NDd whether he meant 2026). This was reflected in what has happened in the past few months. The initial jobs report for February was […]

Sources are CNBC, Financial Times, BBC, Reuters Paul Krugmam (subscriber) gives a lengthy review of what took place at his substack Paul Krugman. I am not going to put his dialogue up. However, he says; “Insider traders keep making a killing at our expense.” I can not imagine how they are pulling this off. Isn’t […]

This is what the MAGA GOP supports: “Workers are earning record low wages and other compensation compared to their labor output, according to the BLS productivity and costs report published Thursday. Called the “labor share,” this indicator essentially measures how much of the nation’s economic earnings is used to pay wages and other worker benefits. […]

 – by New Deal democrat Tomorrow, Angy Bear will have New Deal democrat’s April jobs report up. I believe you will find it somewhat different than what others are posting. ~~~~ It has become increasingly likely that the Boom (or maybe Bubble) in spending on the construction and operation of AI data centers may be […]

Bit of history for you. Major General Smedley Butler (1881–1940) was a U.S. Marine Corps officer known as the most decorated Marine in American history at the time of his death. He earned 16 medals (including two Medals of Honor) for separate acts of heroism. If you serve in the Corps, I am sure you […]

 – by New Deal democrat The most positive metric in all of economic metric-dom continues to be very positive. Initial jobless claims rose 10,000 to 200,000 last week, still among the lowest readings over the entire past 50+ years. The four week moving average declined -4,250 to 203,250, also among the lowest in the past […]

A typical administrative response to financial difficulty in large organizations is to hire consultants. The theory is that the expertise of consultants will uncover efficiencies that will (a) relieve the difficulties and (b) repay the investment in the consultants. So how’s that working out for American nonprofit hospitals, many of which struggling and threatened with […]

– by New Deal democrat New home sales, which were finally updated yesterday for March (and so still are about three weeks behind their regular schedule now 6 months after the end of the government shutdown!) are perhaps the most leading of all indicators for housing, itself a long leading indicator. In fact, they are […]