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

Stress and the PhD

I was married by the time I started graduate school. I suspect that being in a committed relationship, and in particular with someone who was also a grad student, kept me centered during the stressful times. Perhaps these were different times, but a recent study shows that today’s PhD students are struggling with mental health […]

Jack Smith’s Brief and What It Means

Interesting read as written by Attorney Joyce Vance. by Joyce Vance Civil Discourse On Wednesday, Judge Tanya Chutkan unsealed a redacted version of Jack Smith’s immunity motion. Now we have a clear view of what Smith believes is still on the table after the Supreme Court’s decision. The short version: just about everything. Smith acknowledges that the […]

Jobless claims: not so good as the headline, but not so bad either

– by New Deal democrat Initial jobless claims will be up against some very challenging comparisons for the next 6 months or so, due to some unresolved post-COVID seasonality. Which means that the headline numbers this week, which look very benign at the surface, are not quite so good as they have been for the […]

Briefly, All the Toilet Paper has Been Sold and Dockworkers Went Back to Work

Somewhere, there is a correlation between the two . . . The Atlantic and the Gulf of Mexico dockworker strikes are over. The strike by tens of thousands of dockworkers on the East and Gulf coasts has been called off, after the International Longshoremen’s Association and the U.S. Maritime Alliance, representing ocean carriers and port […]

Are manufacturing and construction in a synchronous downturn? If so, that’s Trouble

– by New Deal democrat I wanted to follow up on a point I made yesterday: although manufacturing is no longer a big enough slice of the US economy to bring about an economic downturn on its own – unless for some reason the manufacturing downturn were unusually severe – when it is paired with […]

“Did he lose the 2020 election?” and J.D. Vance Balks

This was the only question and answer that mattered. The Times and various other news outlets are elsewhere on the topic of losing the 2020 Election. I remember William Saletan writing articles for Slate Magazine “The Fray” while I was in the comments section reading them and then doodahman;s comments picking Saletan’s commentary apart. William […]

Long COVID and chronic fatigue

The recurring bleat of vaccine denialists is that COVID should be addressed through “herd immunity.” Well, OK, a vaccinated population has herd immunity, but that’s not what they mean. They mean herd immunity in the sense of the Black Plague—the people who didn’t die were immune. Apart from all the deaths caused by COVID infections […]

Evidence Shows Minimum Wage Increases Will Cause Job Losses is Largely Wrong-Headed

Largely speaking direct labor is not the issue of costs have I have presented in another post. It is the overhead such as healthcare insurance which can better handled in another manner. Inflation grows and minimum wage income is stagnant. Studies have found little or no job loss due to Minimum Wage Laws, Economic Policy […]