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

Tax the rich!

I was a graduate student in a STEM program when Reagan was elected and the Laffer curve was used to justify tax cuts. The problem that immediately stood out to me at the time was that neither the ordinate nor the abscissa in the Laffer graph had scales, so it was impossible to assess where, […]

April housing: Uh-oh, housing units under construction has stopped levitating

 – by New Deal democrat This morning, I pointed out that manufacturing production is -1.8% below its 2022 high and may be in a slightly declining trend. Which means that added attention has to be paid to whether the other leading production sector, construction, is holding up.  Instead, this morning brought the first sustained evidence […]

Postal Supervisors Struggle using the DeJoy DFA Postal System

Steve Hutkins again addressing the implementation of the DeJoy system in Georgia. Supervisory competency came up in a message to the PRC. There has always been a give and take between management and labor. In this instance, managements probably have the same labor experience as what present labor has. If that is not the issue, […]

Real retail sales back to negative YoY

 – by New Deal democrat The Bonddad Blog Here is today’s update on one of my favorite indicators: retail sales. In April they were unchanged on a nominal basis. Adjusted for inflation they declined -0.3% for the month. They are also down -6.2% from their 2021 peak and -2.9% since January 2023: On a YoY basis, they […]

February 2024, total net Electricity production

The good news is electricity productivity is up. Natural gas is fueling the productivity increase in the Americas while its usage decreased globally. Coal usage is down. Too bad Manchin did not move West Virginia to better economics. Fossil fuels are still a large part of the production of electricity. In February 2024, the total […]

Clarence Thomas’ Ruling Shocks Supreme Court Analysts

AB: For years, Clarence sat in silence and did not say much. It was only when Roberts took over, did he begin to make his mark as a justice. He will probably be remembered as one of the worst appointments to SCOTUS. Before his appointment, he told a story about dependency on welfare. Thomas opposed […]

Oh, Elon!

My wife drives a 21 year-old Pontiac Vibe (= Toyota Matrix). It could fail at any time, and the question of what she’ll replace it with is on our minds. EV or hybrid? I personally know some Tesla owners who are happy with their choice, but I remain concerned about range and charging stations. Thanks, […]

Role Of Medicaid Accountable Care Orgs In Maternal Health

by Laura B. Attanasio and Kimberley H. Geissler Health Affairs This article is the latest in the Health Affairs Forefront series, Accountable Care for Population Health, featuring analysis and discussion of how to understand, design, support, and measure patient-centered, cost-efficient care under the umbrella of accountable care. ~~~~~~~~ The United States has the highest maternal mortality rate of any industrialized […]