Part II of II Due to automation (The Digital Age) and the offshoring of production (Globalization), since the early 1970s, we have seen less demand for labor lead to fewer production workers with less bargaining power settling for lower wages, leading to significantly less wealth being distributed to fewer of the population. For this and […]
– by New Deal democrat There’s no new important data again today, so let me update a few high frequency indicators in which I am looking for signs of weakness. First, Redbook’s consumer retail sales weekly report came out this morning, showing a 4.7% YoY increase. This is one of the 8 lowest increases in the […]
Posting of a comment by J.P. McJefferson to the earlier post “American Idiot(s),” Angry Bear. J.P. hits the same note I have been discussing in earlier commentaries about voting here and here. To add to J.P.’s comment on Angry Bear; “73.6% (or 174 million people) of the citizen voting-age population was registered to vote.” And […]
Since I don’t watch TV, I might have missed it. Anybody here see Elon and the DOGE bois protesting the government inefficiency of National Guard and Marines being sent to LA as a Trump photo op? Isn’t this sort of wasteful spending what DOGE was created to eliminate? Anybody here see any anti-ICE protestors waving […]
– by New Deal democrat As per usual for the week after the employment report, there is no new data until Wednesday’s CPI report. So let’s take a further look at some of the information from Friday’s report, as well as several other reports from last week in the goods-producing and sales sector. In the 40 […]
This report or document is one year old. It still has a foundation for what is being said. State Superintendent of Public Instruction Tom Horne assumed the office in 2023. Previously he served as State Superintendent of Schools from 2003 to 2011. Obviously, he has the background or does he? Not sure. Universal school vouchers […]
– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Very slowly the effects of price increases and supply disruptions from the tariffs are making their way into the data. This week was the first suggestion it may have begun to affect consumer spending. As usual, clicking over and reading will bring you […]
Trump claims his tariffs will bring in $3 trillion, enough to pay for the Big Beautiful Bill and also lower the national debt. This is magical thinking. Tariffs are simply a consumption tax that hits the middle class and working class hardest. It makes goods more expensive, driving inflation. It takes money out of the […]
Critiquing the conscience of the nation’s citizens. We should be asking why we arrived at this point. Wasn’t the first trump presidency enough to learn from and soundly reject a second presidency? The boldness and stupidity of his edicts were not what the nation needed. We are slowly slipping back into an environment of a […]
Rewrite of important points on Medicare and the over payments to commercial MA plans. This is not the entire Chapter 12 MedPac report to Congress. Although, you may think it is as this a rather long post even after I boiled it down. Why Chapter 12? Simple . . . It talks about the rip-off. […]