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

Superseding Indictment in the Election Interference Case

Joyce Vance at Civil Discourse on Jack Smith’s New Approach. Since trump now has certain immunities due to being a former pres, pres, president as declared by SCOTUS. Took a bit to call trump a president. Jack Smith takes a different approach in indicting trump as citizen trump. He carefully avoids reference to the office […]

Has Globalization Been Reversed?

by Guest Economist Joseph Joyce Capital Ebbs and Flows The disruption of the global economy caused by the COVID pandemic in 2020 had begun to be overcome when the Russian invasion of Ukraine in 2022 led to new fissures. Sanctions were placed by the United States and European nations on trade and capital transactions with […]

Repeat home sale indexes show continued deceleration in house price inflation

Repeat home sale indexes show continued deceleration in house price inflation, more comfort room for Fed to cut rates  – by New Deal democrat This morning, we got the repeat home sales price data from the FHFA and Case Shiller. And the news was good, especially in the slightly leading FHFA Index. This is of […]

Banning Price Gouging. What Do Economists Say? – WSJ

Americans hate high prices, and Kamala Harris says she plans to combat them by banning price gouging in food and groceries. But, depending on what form it takes, economists could hate her plan. Vice President Harris, who will formally accept her party’s nomination at the Democratic National Convention in Chicago this week, has laid the blame for high food […]

FTC is Interfering with Kroger and Albertson’s Consolidation

Yes, it is true. That is only part of the story. There is more to it as to why the FTC is interfering. I am surprised there is not more “current” information on Cerberus and Apollo Global involvement in the Kroger-Albertsons merger. I keep reading the same blathering over and over. $25 billion at play […]

Arizona will decide on Abortion This November

The Arizona secretary of state’s office recently certified 577,971 signatures which is far above the number required to put the question of Abortion before voters. PHOENIX (AP) — Voters in Arizona will be able to decide in November whether they want to protect the right to an abortion in their state constitution. The Arizona Supreme […]

Vaccination protects from long COVID

The COVID-19 pandemic had a dramatic effect on the US economy that was mitigated by the rapid development and deployment of COVID vaccines. I was a subject in the Moderna Phase III clinical trial of their RNA vaccine, and eventually have had six injections. The well-established benefit of COVID vaccination is that it will keep […]

Wage growth strongest for low-wage workers between 2019 and 2023

According to Word Press this article by EPI can be read in 7 minutes. It is not a difficult read and gives quite a bit of information. Wage growth strongest for low-wage workers between 2019 and 2023 In this analysis, we divide the wage distribution into roughly five groups to uncover recent wage trends at […]

Special Counsel Jack Smith’s Opening Brief is Due in the Eleventh Circuit this Tuesday

That is unless he changes his mind. You have to remember; Justice Clarence Thomas dropped an open hint that Special Council Jack Smith’s appointment may not be legitimate. AG Merrick Garland has weighed in on this . . . Attorney General Merrick Garland defended his appointment of special counsel Jack Smith on Tuesday as the department appeals a ruling […]