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

Producer Prices may show first inflationary effects of tariff wars

 – by New Deal democrat I typically do not pay much attention to producer prices. Sometimes they do lead consumer prices, but since the turn of the Millennium more often they have been coincident. But with the onset of tariff wars, they may set off some of the first alarm bells. And that may have been […]

Shocking if true

From The Hill today: For Harris, there was more flexibility to define her brand of change. She could risk looking hypocritical by making clean breaks with Biden on policies she had supported as vice president, rejecting parts of their record to forge her own agenda. She could identify new issues to run on that avoided the pitfalls […]

Here’s some waste for you, DOGE!

How did the vaccine-autism connection ever come about? It was an instance of scientific fraud: “In 1998, Andrew Wakefield published a paper based on just 12 children that linked the MMR vaccine to autism. The results have not been replicated, and it later transpired that he had falsified data, for which his medical license was […]

Very Good Report on February CPI

February CPI: a very good report, with even the chronic “problem children” getting “less bad”  – by New Deal democrat Let me cut right to the chase: the February consumer inflation report was actually very good. It wasn’t just that the headline and core numbers only went up 0.2% for the month, or that the […]

Uncertainty Could Cost the US Auto Industry

This has been covered before and I will repeat it. The auto industry as it is, is fragile and any political or economic threats could cause it injury with the tiers supplying its part and in sales. It is vastly interconnected with domestic and foreign supply chains. The tiers usually wait to be paid. When […]

JOLTS revisions from Yesterday’s Report

Angry Bears’ New Deal democrat discusses JOLTS frequently. I am not sure if everyone knows what it means. I believe it calls for a short explanation. The acronym JOLTS is an abbreviation for “Job Openings and Labor Turnover Survey.” The Bureau of Labor Statistics (BLS) produces JOLTS reports monthly and also annual estimates of job […]

No Invading Allies Act

Proud to see this coming from Rhode Island: “A new bill introduced to the United States House of Representatives would withhold federal funding for any American “operations to invade or seize territory from” Canada, Panama or Greenland — unless Congress agrees to it first, that is. “Introduced Thursday by Rhode Island Rep. Seth Magaziner, the […]

A Developed Taste

On and on and on, for more than ninety mins, he driveled hatred, racism, and bigotry; sputtered treasonous proposals.  They cheered every drivel and sputter.  Rose enthusiastically to their feet time after time.   Their adoration of their magus on full display to the world.   Europe, all the free world, shuddered with the memories evoked; […]

The North American Automobile Industry Waits for Trump and the Gov. to Act

China, China, China. China is not the only offshore manufacturer of automotive wire harnesses, plastic parts, stampings, etc. There is also Malaysia, Thailand, Philippines, etc. I know because I was tasked with visiting our plants as a supplier of US materials and parts. Yes, China is in the mix and I would fly into Beijing […]

Families Struggle Paying for Child Care While Working

Finding a reputable child care facility or person to watch your child or children has become more difficult and costly. The EPI articles compares the cost to other items as well as costs in each state. For low wage workers the costs have become unsustainable. Policymakers have been pushing for addition sources for preschool care. […]