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

The Final Act

I think Joyce titled this properly . . . If you have not read the leadup to SCOTUS telling Trump no, they are not going to block the release, this may suffice. Attorney Joyce Vance does a good review of what took place to the final answer from SCOTUS. Towards the end you can read […]

Is Jay Bhattacharya a libertarian?  Does it matter?

Is Jay Bhattacharya a libertarian?  Does it matter? Jay Bhattacharya was an author of the Great Barrington Declaration, which argued that we should let covid spread freely among healthy people to reach herd immunity as quickly as possible.  The elderly and those whose health made them vulnerable to covid should be given “focused protection”.  Bhattacharya […]

Initial Jobless Claims Declined

Jobless claims still rocked by seasonality; native born unemployment rate of under 4% forecast  – by New Deal democrat Due to today’ official Day of Mourning for the late President Jimmy Carter, initial and continuing claims were released yesterday, but since I didn’t cover it then, let’s catch up now on the normal day. It […]

Housing Bubble, Mortgage Debt, and GDP

This is a good take on the percentage of debt many homeowners are carrying as a percentage of GDP. I would think somewhere along the line, individual income plays a role in all of his. What Bill is telling us is the same hazards of lending are not as pronounced this time. Either banks, etc. […]

Elon Musk: A trillion here, a trillion there; whatever

Back in October, I posted that Elon Musk’s claim that he could cut $2 trillion from the federal budget showed he couldn’t do arithmetic. Evidently, Elon has finally acknowledged this, but he tries to make a virtue of necessity: “Elon Musk has walked back his previous claim that he could cut at least $2 trillion […]

What is Happening in 2025 with Healthcare

A plus now and a potential negative year end. January 8, 2025: ACA Open Enrollment is, was running over 16% ahead (I am sure it increased) of roughly the same point a year earlier in 2024, On January 8, the Centers for Medicare & Medicaid Services (CMS) announced “Nearly 24 Million Consumers Have Selected Affordable Health Coverage in […]

How can the political opposition deal with a political Supreme Court?

In his year end report, Chief Justice Roberts called out “threats to defy lawfully entered judgments”. President Andrew Jackson reportedly said, in response to a Supreme Court ruling regarding the rights of the Cherokee Nation,  “The Chief Justice has made his ruling.  Now let him enforce it.” Chief Justice Charles Evans Hughes asserted, the Constitution […]