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

Economics of Jailing for Profit and Budgets

Jailing for Profit: When Budgets Depend on Locking People Up – by Nazish Dholakia Vera Institute Across the country, more than 1,300 counties have expanded existing jails or built new ones over the last 20 years, increasing the nation’s capacity to lock people up in jails by almost 40 percent. One of the drivers of this growth […]

Transition Cabinet Picks

Just an interesting article on President Cabinet and departmental picks. A few issues with who he picked. Indeed, some of back away from the offering of a post with Trump’s administration. Also, more Republicans approve than did during first transition; overall ratings still well below other presidents. Trump Transition Ratings Better the Second Time Around, […]

Social Media Posts from President Elect Donald Trump through the Lens of professional wrestling

The best way to interpret social media posts from President-elect Donald Trump is through the lens of professional wrestling. Prof. Heather uses such to make a point. It is not reality as much as showmanship. Whatever happened to Junkyard Dog, the Hart Foundation, etc,? I ran into the Hart Foundation in the Detroit Airport. It […]

Lessons for Progressives

As I read this and having grown up in Chicago. The layout sounds more like Chicago politics with precincts, districts, Wards, and Aldermen (Alderpersons). There was also a Mayor. Mayor Richard Daley owned Chicago. If you needed something done, you went to see your Alderman. Recommendations came in a similar manner and worked up the […]

September’s Pledge on Grocery Prices

All lies and jestStill a man hears what he wants to hearAnd disregards the rest . . . So what does the public think or believe today about grocery prices? Or are they scared to death after hearing Trumps plans on how to cut excessive spending. Which is the result of cutting taxes due to […]

Immigration: the tech bros vs the Nazis

I’m surprised this hasn’t bubbled up sooner. Not only has immigration been a net strength for America throughout its history (unless you’re a Native American), but in the last three decades, immigrants—particularly from China and India—have fueled American biotech and computer technology innovation. So when I read Trump and his supporters vilifying immigrants and threatening […]

Initial jobless claims continue neutral trend, while continuing claims make a 3-year high

 – by New Deal democrat This Christmas week initial claims declined -1,000 to 219,000. The four week average rose 1,000 to 226,500. With the typical one week delay, continuing claims 46,000 to 1.910 million, the highest number in over 3 years: On the YoY% basis more important for forecasting purposes, initial claims were up 2.8%, […]