– by New Deal democrat After all these months, we are still feeling the effects of the government shutdown last fall.  Normally construction spending is released on the first day of the month for the second previous month – in today’s case, that would be for February. But half a year after the shutdown began, […]

“Ask an Analyst: What makes a donor state?” USAFacts States contribute to the federal budget primarily through residents’ federal taxes and through business taxes on local industries. In return, states expect federal support via programs such as Medicaid and the Children’s Health Insurance Program (or CHIP), transportation and education funding, and contracts and grants to local businesses […]

In his low-energy April Fools Day speech last night, Trump showed he hasn’t a clue how the world supply chains work: “In Wednesday night’s address to the nation, President Trump declared, “We’re now totally independent of the Middle East, and yet, we are there to help.” “We don’t have to be there — we don’t […]

 – by New Deal democrat I normally don’t pay too much attention to the JOLTS report, and I won’t this month, either. It does break down the labor market further than the jobs report, and it does have several slightly leading components, so let’s at least take a brief look. Below are job openings (blue), […]

More recent review of the Opioid, drug, etc. crisis in the United States. It has been a while since I have written on or touched upon the Opioid crisis. This is about a six-minute rather simple read. It lays a foundation for addition information on the topic. I will try to break this down and […]

– by New Deal democrat The two national repeat home sales indexes, from the FHFA and Case-Shiller, were reported this morning and both continued to confirm the gradual abatement in shelter inflation. The Case-Shiller National index (blue in the graphs below) up 0.2% for the three month period ending in January, while the FHFA index […]

Is There a Will to Change? J.P. McJefferson Thoughts Exposing the underpinnings of a broken government. In towns and neighborhoods across the country, cooperation is not an abstract ideal—it is a daily reality. Neighbors help each other after storms and natural disasters. Local businesses collaborate to advance common goals. Communities come together in moments of […]

In the film “Being There,” Chance the gardener is a simple-minded gardener who had never left the confines of his employer’s Washington D.C. townhouse. When the elderly man he worked for dies, Chance is forced to leave the house for the first time in his life. He encounters Eve Rand, who brings him home to […]

Keep in mind, as the Baby Boomer population decreases there will be a population shrinkage. Indeed, it is shrinking as I write this short introduction. Replacement rate is at ~1.6 today. Without immigration, the economy could be short of labor as well as other issues. In spite of what Trump believes immigration is an important […]

 – by New Deal democrat As readers know well, one of my favorite “real life” indicators is real aggregate nonsupervisory payrolls, which measures how much in wages average American workers have to spend each month. When it is growing, economic expansions almost always continue; when it declines by any significant amount, recessions almost always ensue […]