The FED slashes its growth rate for 2025 from 2% to 1.7%. I suspect they are hopelessly being optimistic unless they are thinking someone will finally come to their senses. Mabe? I think not. One far out assumption I read earlier this week was Trump attempting to crash the economy and then turn it around […]
More detail on the drivers of inflation. The first two charts are touch charts. You can get a better view of the size of the segment and the rate at the site itself. As you can see, housing transportation and food were the larger components. At various times one would be larger than the other. […]
Not quite the same as in the sixties when colleges were defiant to government intervention. And there were presidents and other government officials who would intercede on campuses. Kent State was the site of deaths and shooting of students by an untrained military who were in too deep over their heads and acted out of […]
Nov 22, 2024, Court grants challenge to FCC subsidies over nondelegation doctrine, SCOTUSblog Schools Health & Libraries Broadband Coalition or SHLB, advocates for policies and programs that enable anchor institutions to obtain and promote open, secure, high-quality broadband services to support connectivity and opportunity for all in the US. This would include areas having a […]
A federal broadband official departed the US government with a warning that a Trump administration plan will strand rural Americans with worse Internet access in order to help Elon Musk secure public money for Starlink. Evan Feinman . . . In “an email to his former colleagues while on his way out the door Sunday […]
– by New Deal democrat Let’s take our weekly look at initial claims, the first indicator that should show stress in any rising unemployment scenario. Last week initial jobless claims rose 2,000 to 223,000, and the four week average rose 750 to 227,000. With the typical one week delay, continuing claims rose 33,000 to 1.892 million: […]
Short piece, but the point is clear. There is not much to be gained by going after Labor even if they are part of the Federal Government. There are better ways to administer some programs which will save $billions. Senators and Representatives are not efficiency conscious when promoting their states and communities. Nor are their […]
Eight days ago, Trump announced a 25% tariff on specific Canadian goods. The he walks back the tariffs. Now there are tariffs on Maple syrup. Then the 25% tariff becomes a 50% tariff. It is starting to get a little bit strange with Trump or is trying to sow confusion. Then say Canada backed off […]
In addition to driving down the stock market and driving up inflation, Trump tariffs will drive historical trading partners to shop with China and others outside the US. “While ASEAN and the GCC are unlikely to embrace Beijing to the extent that the Chinese government would like, they will be more receptive to Chinese overtures […]
From the time I started college at 18 until the time I retired at 69, I have been continuously in academia. Most of that time, I was a faculty member at a private university. For ten of those years, I was also Associate Dean for Research at my medical school. Once you’re on the inside, […]