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

“go bankrupt and an extra 2 million people who should not be there will suffer”

Recently, I read a bit about climate change. Apparently, it is felt we did what we could do to minimize what we do today and to minimize Climate Change from our own actions. It was more likely than not, not enough, In AZ and even though it is illegal, Many vehicles have altered exhaust systems. […]

Acupuncture: therapy or placebo?

First the disclaimers: I’m a PhD scientist with a well-trained crap detector. And I was a medical school (allopathic medicine) professor for 37 years. While I’ve never practiced medicine, I have a pretty deep understanding of evidence-based medicine. “At a time when people are increasingly concerned about drug side effects, some consider acupuncture an attractive […]

Harsher Politically Inspired Immigration Policies Will Affect Labor Needs, Taxes, and Economy

The United States will eventually face a lack of labor due to the present citizen’s reproduction rate, In 2006, reproduction was at 2,01. In 2026, reproduction is at ~1.6. In which case the amount of Labor in the United States may become strategic to its economic growth. “The U.S.-Born labor force will shrink over the […]

Why no US recession? Free spending by the upper class

– by New Deal democrat There is a slew of economic data being released tomorrow, the most important of which will be personal income and spending, so I will likely defer some reporting on the other data until Friday. But in the meantime, there’s no significant data today. So let me take this opportunity to show […]

Increasing Inflation

Just about the time we get the economy under control, someone from another country (who is in trouble) convinces Trump we need to attack a different country. Some how, the deal maker is always suckered in. The nation is going to pay for it in the long haul. Taken from Newsweek.”Inflation Jumps to Highest Level.. […]

Annals of economic prophecy

“Stahl then referenced Sorkin’s latest book, “1929: Inside the Greatest Crash in Wall Street History — and How It Shattered a Nation,” before further pressing him over whether he thinks America will face another economic disaster like in 1929. “The answer is, we will have a crash,” he said. “I just can’t tell you when, […]

It’s The Process, Stupid

– by J.P. McJefferson J.P. McJefferson Thoughts America’s governmental crisis is not primarily a crisis of policy. It is a crisis of process. At roughly the 250-year mark of the American experiment, we find ourselves locked in a familiar but increasingly dangerous argument: we fight over policies as though they are the root cause of […]

Repeat home sales continue to show disinflation; shelter CPI likely to continue to be a non-factor

 – by New Deal democrat For the last number of months, I have been putting front and center that housing prices have ceased being an engine of inflation. In fact, changes in repeat home sales prices as measured by both the Case-Shiller National Index and the FHFA Purchase Only Index are at levels that with only […]

Healthcare in the United States

Curing U.S. Health Care, Part II Paul Krugman On March 23, 2010 President Barack Obama signed the Patient Protection and Affordable Care Act — usually referred to either as the Affordable Care Act or as Obamacare — into law. Joe Biden, then the vice president, could be overheard whispering “This is a big fucking deal.” […]