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

A decline in the immigrant labor force is not a valid reason for Wall Street’s optimism

 – by New Deal democrat Despite some very soft employment and production data in the past several weeks, Wall Street has been on something of a tear, making repeated new all-time highs. Over the weekend I saw the following comment, which piqued my interest: It certainly does seem that Wall Street is dismissing the news […]

Over half the MAGA Murder Bill’s healthcare carnage will kick in Before the Midterms

Fellow Michiganer Charles Gaba has an excellent post on his site ACA Signups, “Head’s up: Over half the MAGA Murder Bill’s healthcare carnage will kick in BEFORE the midterms.” Brief introduction: Good place to go to for Tr__p’s Beautiful Bill Act information impact on healthcare. There is a large degree of developing uncertainty coming out […]

AZ Tr__p Supporters Who Did Not Learn from the Last Time he was in Office

This is history and some whining also. But it it is worthwhile to look it over again. I read pieces like this and wonder. What the hell did you think Tr__p was going to do? Furthermore, what was wrong with Kamala Harris to cause you to vote for Tr__p? Tr__p has a history of lining […]

New Deal democrats Weekly Indicators for August 4 – 8

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. There is a strong divergence between the high frequency data, which is very positive, and the monthly data, which has caused me to go on “recession watch.” Needless to say, this is very unusual, suggesting there may be some special factors at work; […]

Trump’s Economy

Paul Krugman among others has started to warn about “stagflation”, a term coined by Paul Samuelson in the 1970’s. Samuelson was a Nobel Prize winner who is known to a lot of college students for his book Economics: An Introductory Analysis. The term is most often associated with the Carter Administration although it was present […]

Careful what you wish for

It its quest to eliminate diversity in America, the Trump Administration is demanding admissions data from colleges and universities to hunt for evidence of discrimination against white kids and kids from red states. In fact, there’s a history of affirmative action for white kids in admissions that goes back a century: In the early 20th […]

Cost of Healthcare – Yearly Premium Changes

I broke Section 1 into two parts. The first part discussed the various types of plans available for single employees and employees needing family coverage. This part of Section 1 discusses premiums for sigle employees and employees with families. There is a match according to salary increases, inflation growth, and earnings. As you can see […]

Seems like Robert Changes his Mind on Flu Vaccine

Quiet on Vaccine Endorsements, Loud on Vaccine Attacks HHS Secretary Robert F. Kennedy Jr. last month quietly endorsed recommendations from his hand picked vaccine advisors that everyone in the U.S. ages 6 months and older receive a flu shot for the upcoming season. The backdated notice appeared this week on the Advisory Committee on Immunization Practices’ (ACIP) recommendations page without […]

BLS BS

Trump fired BLS commissioner Erika McEntarfer for allegedly manipulating statistics to make him look bad. In support of the firing, he pointed to what he said were exaggerated jobs numbers in the Biden administration that had to be revised downward by—wait for it—BLS commissioner Erika McEntarfer! “How could downward revisions released during Biden’s presidency have […]

The Witnessing

For some years now, unbeknownst to some of us, we have been witness to a 100 year (and more) flood of historical events.  For some months now, we’ve been watching a slow-motion implosion of one of these events from these front row seats.  Slow, in our time —  a flash, in history’s eons.  Watching with […]