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

The US bond market sends a warning; has the US crossed an economic Rubicon?

 – by New Deal democrat Martin Wolf of the Financial Times has called T—-p’s tariffs “an act of warfare against the entire world.” Perhaps it is not surprising that in the past week, the entire world has responded. Among other things,  per Eric Michael Garcia, “China has suspended exports of a wide range of critical minerals and […]

Pushing Back on Trump’s Direct Attack on Legal Firms

If you have not been aware, Trump has been executing or abusing Executive Orders taking Lawyering Firms to task. Settlements: Trump reaches deals with 5 law firms, allowing them to avoid prospect of punishing executive orders | AP News — President Donald Trump announced deals Friday with five law firms that will allow them to avoid the […]

RFK Jr. Telling Grieving Texas Families About the Measles Vaccine

I read this in my recent Atlantic magazine subscription. The story about the lack of inoculation with Measles Vaccine is stunning. The results being a child dying. The comments by Robert who hails from an important political family are stunningly false. If you believe what he says, everything said by those who favor vaccines is […]

Immigration and the new American terrorism

When the Trump Administration announced plans to arrest and deport all undocumented people, it seemed implausible. Where would the personnel and resources come from to round up, transport, house and feed over ten million men, women and children who are distributed all across the country? How would the enormous expense of such an operation be […]

New Deal democrat’s Weekly Indicators for April 7 – 11

– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. In this time of exogenous shock to the economy caused by the whims of one man, it is especially important to keep laser-focused on the hard data. And the first hard data that will tell you what is happening is the high […]

Real hourly and aggregate pay for nonsupervisory workers increased in March

 – by New Deal democrat  With yesterday’s CPI report, we can update two important measures of ordinary American workers’ well-being, that also serve as short leading indicators: real average hourly earnings and real aggregate nonsupervisory payrolls.  There have been two months since the pandemic lockdowns five years ago, including last June, where there were very slight […]

This is what stupidity looks like, peeps.

This guy is Secretary of Health and Human Services. I don’t know whether to laugh or cry. RFK Jr.: “If you are healthy, it’s almost impossible for you to be killed by an infectious disease in modern times because we have nutrition, because we have access to medicines. It’s very, very difficult for any infectious […]

Immigration Raids at Schools, Libraries, etc.

It is bad enough as it is with the authorities going after people in public. Now politicians wish to “invade” schools in Arizona. Not that terrorizing people in libraries is acceptable either. And they would force teachers and others within the schools, etc. to fully cooperate by reporting on immigrants. One AZ State Senator wants […]

China holds a lot more cards than Trump may think . . . Tariffs

Tariffs . . . are a marvelous distraction while Trump hides what he really wants to do. Everybody is looking in the wrong direction, mesmerized by the shiny coin as Trump calls off tariffs for now. Trump does not care about America. He cares about himself and stuffing away $billions. Time to buy on the […]