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

President Donald Trump opened Memorial Day in the most disgusting way possible

U.S. President Donald Trump opened Memorial Day in the most disgusting way possible, not by praising our fallen heroes but by attacking Democrats. He wrote on his Nazi-infested social media site on Monday morning: Happy Memorial Day to all, including the scum that spent the last four years trying to destroy our country through warped radical left minds . […]

Change in Household Income Resulting from the Republican and Trumps extension of the 2017 Tax Bill or the TCJA

Change in Household Income Resulting from the Republican and Trumps extension of the 2017 Tax Bill or the TCJA Daniel Becker had this bar chart on Facebook which details how the tax break will play out. Really great for the 1 tenth of 1 percenters. Good for the top 1 percenters and the upper five […]

Repeat home sales through March confirm continued deceleration of price increases

 – by New Deal democrat Last week the existing home sales report showed continued deceleration in YoY price increases to 1.8%, indicative of the ongoing rebalancing of the housing market. This morning’s repeat home sales reports from the FHFA and S&P Case Shiller confirmed that deceleration and ongoing rebalancing. On a seasonally adjusted basis, in […]

Europe isn’t flying the unfriendly skies of America

It’s not just Tesla that is becoming poison in Europe: “European airlines are freezing their transatlantic growth and pulling back from major U.S. cities like New York, Miami, Los Angeles, and Chicago as they redirect flights to Canada, Mexico, Brazil and Caribbean, where bookings are rising and demand is outpacing the American market. Carriers including […]

New Deal democrats Weekly Indicators May 19 – 23

Weekly Indicators for May 19 – 23 at Seeking Alpha (plus bonus charts)  – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The effects of Tariff-paloooza! are like a slowly building tsunami. The tide rolled out, but now far out at sea there is a horizon to horizon white wall of foam. […]

Tesla tanks in Europe

I wasn’t gonna buy a Tesla before Elon joined the Trump Administration, so his politics weren’t a consideration. Apart from the fact that I wouldn’t pay that much for a car, I’ve never lived in a place where Teslas are green. Before we left St. Louis, ca. 80% of electricity in Missouri came from burning […]

Pay no attention to the man behind the curtain

Trump says he’s using tariffs to re-shore manufacturing from other countries. Setting aside the fact that it takes years to build and operationalize a manufacturing plant, why would anyone bother when he flip-flops every week? This has nothing to do with jobs in America. This is pure market manipulation for speculators. “Donald Trump has announced […]

Briefly Speaking to the Elimination of Appliance Efficiency

Cutbacks to the Energy Star program will result less efficiency and greater costs to consumers. But then, costs passing to the plebian citizens were not in the minds of Republicans. The thought pattern here being . . . will citizens remember who was responsible for increasing energy costs? Ultimately, Republican in Congress are responsible for […]