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

New Deal Democrats Weekly Indicators for May 25 – 29

My Weekly Indicators for May 25 – 29 is up at Seeking Alpha, New Deal democrat The split between the portion of the economy being driven by AI-related production and profits and the broad consumer economy continues to stand out starkly. But as I have pointed out often in the past many months, there is […]

Taking his Cut

I am not sure what one would call a real activist president when it comes to the United States . . . anymore. For example and one of the best examples . . .”Under FDR, the American federal government assumed new and powerful roles in the nation’s economy, in its corporate life, and in the […]

April new home sales: prices somnolent, an interesting wrinkle in inventory

– by New Deal democrat The final note from yesterday’s data is concerning new home sales, and more importantly at the moment, prices. As a general refresher, new home sales are perhaps the most leading of all housing data; but they are very volatile and heavily revised, which is why I pay more attention to […]

Slow biking

From the archives: In praise of slow bikes – by Lloyd Alter Carbon UpFront Carlo Petrini, the founder of the Slow Food movement, has died. He inspired many other slow movements over the years. I wrote about many of them and believe I was the first to call for a slow-car movement, somewhat in jest. But I […]

Raising the Minimum Wage Benefits Society and Reentry to It

Having been exposed to the prison system over a period of time, I can vouch for what the author is proposing and the state is establishing. People do make mistakes. However, if society continues the punishment during and after parole, it becomes harder for a parolee to reestablish themselves in society. As it stands today, […]

The producer part of the economy is doing just fine, thank you

– by New Deal democrat Per my comments yesterday, so much data was released (with none coming today) that I did not report on several of the items. I’ll get to new home sales later, but first let’s talk about new orders and revised GDP. The central theme of yesterday’s personal income and spending report […]