This week’s Covid coverage includes the most common variants … currently circulating – by r. j. Sigmund Briefly, since the CDC’s Covid demographic metrics continue to recede, albeit slowly. Among the “early indicators” “test positivity”, or the percentage of tests for Covid that were positive, fell to 4.8% during the week ending November 2nd, down […]
A comparison of US Fiscal Deficit prompted me to post this at Angry Bear. I believe it will be interesting to see how Trumps fiscal policies playout over the next four years. Check out The Guardian’s Economics Editor’s commentary on Trumps economic plans. The Issue: With continued high fiscal deficits likely for the foreseeable future, […]
It does not look like students holding loan debt and looking for relief will get any relief soon. Newly minted President Donald Trump is in the revenge mode. That would include help from Republicans. Like any new administration looking for revenge, this one will attack the weakest element. It does not mean that Student Loan […]
Trump says global warming is a scam and a hoax. He promises to cut federal funding for green programs and to ramp up fracking and drilling. He can certainly do the former, but business controls drilling and fracking, and the price of oil is dictated by international supply and demand, not the whims of the […]
Just some economic analysis about good economic growth in the month of November 2024. Something the public seemed to have missed along the way. 2023 and 2024 appears to have had good growth even with high Fed rates. See chart below. Commerce Data Show Strong Economic Gains Due to Americans Making and Spending More November […]
US Citizens awaken to their new world. Prof. Heather Cox Richardson at “Letters from an American” has a good take on what is taking place three days after the 2024 Election. She states people are beginning to realize what will take place once a Trump presidency and a mostly Republican Congress begins to implement the […]
Posted on behalf of the author, RC Weakley: At this point hysteresis is all that is holding the US dollar as the global reserve currency. That has been the case since Nixon. What we have done since then has only dug us into a deeper hole when events finally happen that will throw the dirt […]
– by New Deal democrat This is not a formal post about Tuesday’s election. But with the benefit of “revealed preference” a/k/a 20/20 hindsight, it’s pretty clear that the Fed rate hikes were an important part of why Kamala Harris and the Democrats failed. Because we may or may not be experiencing a “soft landing” […]
In 2020, I enrolled in the Moderna clinical trial of their mRNA vaccine. I got the first jab in August 2020, and it turns out I was in the vaccine arm of the trial, not the placebo arm. I’ve now had seven vaccinations, as the vaccine has been updated. I contracted COVID once. Of course, […]
Three days after the election Voters for Trump are finding out what they voted for and how it impacts them. November 8, 2024 – by Heather Cox Richardson Letters from an American Social media has been flooded today with stories of Trump voters who are shocked to learn that tariffs will raise consumer prices as […]