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

$11,200 per Year for the Military or $220 per household for ACA?

Which one would you want to pay? Dean Baker does the comparison of Military expenditures and as compared to ACA subsides. Details in the Dean commentary. Is paying $11,200 a year to soothe the president’s paranoia in his demented state reasonable? Donald Trump says you should. The Republicans in Congress are likely to agree. So, […]

Fast Trains in Japan

My (Samuel Walker) observation is that railroads capable of high speed, that is over 110 mph are passenger services. Where they have been built, they have been built with different goals and purposes. Often there is not enough in fare to cover all costs. The Japanese built the first high speed railroad because of its […]

The Faces of President Trump

Matching faces of President Trump. I suspect they are using old pictures of Trump per his suggestions. There is a noticeable difference. Both are from today’s articles. One face is slimmer that the other. A swimsuit picture showed him kind of buff which he is not. To the Left: Furious Trump orders investigation into California […]

Economically weighted ISM services + manufacturing indexes show expanding economy, stagnant employment, and rampant inflationary pressures

 – by New Deal democrat The economically weighted ISM manufacturing + services indexes have become one of my favorite datapoints. That’s in part because the former has a nearly 80 year history of being a solid leading indicator, although somewhat attenuated since the start of the Millennium. But the latter now also has a long […]

Changes in Funding for the IRS Will Impact Service During Filing

Is downsizing the IRS part of Trump’s goals? I would say it is. Short staffing an agency such as the IRS makes it difficult to maintain the process and also audit taxpayers. Those who take advantage of greater would welcome an IRS less capable. It, like other parts of the Federal Government, has been faced […]

Trump’s deal with the Depart­ment of Justice raises a level of cor­rup­tion . . .

Simple Recital by two known experts on Law and potential corruption. Both are dismissing the excuses put forth by others of having no way to hinder Trump. He actually calls out what is occurring, ~~~~~~~ Trump’s deal with the DOJ marks new level of unprecedented corruption The Fresno Bee (Sunday) – by Burt Urt Neuborne […]

Down the Tesla memory hole

To follow up on a previous post about Tesla autonomous driving vehicles: “Tesla has retroactively modified “Full Self-Driving” purchase agreements to add “supervised” language that did not exist when owners originally bought the product. In some cases, the original documents have been made entirely inaccessible. “Electrek has confirmed the issue with multiple owners. The contracts […]

April JOLTS report confirms a low-hire, low-fire, and low-quits economy

– by New Deal democrat The JOLTS report is low on my list of useful tools, but it does break down the labor market further than the jobs report, and it does have several slightly leading components, so let’s take a look at the latest report, which is for April. Below are job openings (blue), […]

Monetizing Genesis

One of the larger ongoing non-Trump grifts in America is the “Ark Encounter” in Williamstown, Kentucky. It’s been open for nearly ten years. I don’t know whether or not it’s hit its evangelistic benchmarks, but it has never met the financial benchmarks promised to Kentucky taxpayers. “When Creationist Ken Ham and his team at Answers […]