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

Wealth and High Income Taxation

Taxing Wealth and High Incomes, Econofact   – by Christopher Towe What you are seeing here is the growth in the percentages of citizens who make up upper income brackets. In this case, we are looking at the 1 tenth of 1% of the population and hold 14.5% of the wealth in the United States […]

“the consumer is teetering on the very edge of recession”

AB: For the last few months, New Deal democrat has been watching an economy on the brink of a recession. Still not quite there yet. The one factor keeping us above board is AI. A quick explanation why. The pending on AI infrastructure accounts for a large portion of U.S. GDP growth today. Such offsets […]

Job Market Pessimism

Report by Benedict Vigers on how young America is faring in today’s Job Market. Fewer young people are finding jobs in America than those who are 55 and older. That is kind of odd as companies typically favor the young over the old in job searches. To read this is kind of a surprise for […]

RFK Jr continues his senseless attack on mRNA vaccines

Robert F. Kennedy Jr. has claimed that the U.S. Department of Health and Human Services (HHS) is ending contracts for mRNA vaccine development, citing concerns that the technology may pose “more risks than benefits.” According to Kennedy Jr., HHS’s Biomedical Advanced Research and Development Authority (BARDA) reviewed 22 mRNA vaccine projects — most focused on […]

Trump again Crosses the Legal Line of Authority

I have not said or suggested what type of person this type of action would come from today. His actions with foreign people and people of color sys much about what his beliefs are today. Again, Pres. Trump crosses the legal lines of authority by issuing an edict (memorandum) telling in country foreign citizens they […]

Jobless claims continue to forecast Economic growth and a tight labor market

This morning there is a slew of economic data, including personal indome and spending, jobless claims, durable and capital goods orders, revisions to GDP, and new home sales. Since tomorrow there is very little data, I am going to report on the first two tdoay, and save the rest for tomorrow.  – by New Deal democrat […]

Voting 2026

Just Some thoughts . . . NPR: “The latest executive order, issued March 31, calls for the Department of Homeland Security to work with the Social Security Administration to create lists of adult U.S. citizens in each state, and to send those lists to state election officials. It also calls for the U.S. Postal Service — […]

But, According to The Gov. Everything is Going Well in the Economy

President Trump says the economy is strong and “we have the best economy.” The number do not necessary support his contention. Food as well as other items have experienced increasing prices without an increase in take home pay to match the costs of this economy. “Nearly half of the people responding to the University of […]