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

Americans pay more for health care

I have been writing on the costs of healthcare in the US for years and also presenting other articles discussing the same issue of cost and care. Over the years, it has not gone away and has only worsened. The 340B program which is supposed to be used to help those in lesser neighborhoods has […]

December Bureau of Labor Statistics

November 2024 Labor Stats as you can read for yourself. I am interested in seeing how the BLS screwed up on earlier employment reports over a period of time. The graphs show part of that period of time. Everything looks like what it should be. I am not going to start a campaign on what […]

The housing sector now hoists a red flag recession warning

 – by New Deal democrat The very important construction data from the long leading housing sector was mixed this morning for November. The most leading datapoint, permits, increased 86,000 on an annualized basis to 1.505 million. Even more importantly, single family permits, which have the least noise and most signal of any of the datapoints, […]

The Trump Administration and semaglutides

Semaglutides are turning out to be transformative for obesity in the way that statins have been transformative for hypercholesterolemia and anti-hypertensives have been transformative for high blood pressure: they’re not only highly effective but have minimal side effects. From a public health standpoint, there’s every reason to allow Medicare and Medicaid coverage for semaglutides. But […]

Industrial Production

Industrial production continues to slide  – by New Deal democrat Industrial production declined for the third month in a row in November, down -0.1%, while October was revised downward another -0.2%. Manufacturing production on the other hand increased 0.2% in November, but September and October were revised downward a combined -0.3%, so on net this was another […]

It pretends to be something other than what it really is

As typical, some will judge by the way they see things and not on the reality of the person. We did stop Repubs from filling some openings only because the sitting judges change their decisions. That was an in your face for Republicans. The politics of the era and one senator who does things to […]

2017 Tax Cuts made Income Inequality Worse and Hurt Black Americans

The author did not include graphs. I added graphs from the sources the author had included in their piece. A picture sometimes says more than words do. This is a well-documented and sourced commentary. It mostly says one thing . . . the 2017 Tax Cuts and Jobs Act did little for Black Americans, minorities, […]

Retail Real Sales

Real retail sales on the cusp of breaking out of their multi-year doldrums  – by New Deal democrat Consumption leads employment, and as I reiterated yesterday real per capita retail sales has a history as a long leading indicator. Which means that retail sales for November, which rose 0.7% nominally, continues its recent strong string […]

Planned Tariffs, An Economy Argument with Political Implications

Former Sen. Pat Toomey (R), represented the key state of Pennsylvania for 12 years in the Senate. He said he would not vote for former President Trump or Vice President Harris in the November 2024 election. (Psst, pre-November 2024 election commentary). I do not know if this person actually did not vote for either Trump or Kamala Harris. He […]