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

The good old days

When I started attending departmental faculty meetings in 1987, there was an emeritus faculty, Harold Katzman, who went to most of the meetings. He rarely said anything, but he did make the effort to show up, perhaps out of personal loyalty. Dr. Katzman was the first graduate student of our department’s founding chair, Dr. Edward […]

May new manufacturing orders slide, truck sales rise, construction spending close to unchanged

 – by New Deal democrat As usual, the month starts out with important data on manufacturing and construction. The news was mixed this month and weighted more to the downside in my opinion. First, the ISM report on manufacturing declined again slightly to 48.7. This is the second month in a row that this index […]

Plug-in hybrids: a reality check

We’re seriously considering a hybrid for our next car. One species of the hybrid genus is the “plug-in hybrid,” which seemed appealing to me, both from the standpoint of gas economy and to reduce our carbon footprint. Caveat emptor: “In one study from the ICCT published in 2022, researchers examined real-world driving habits of people […]

Dr. Richard Bucholz and the origins of modern brain surgery

If you or your loved one had successful brain surgery, you can probably thank my colleague, Dr. Richard Bucholz, Professor of Neurosurgery at Saint Louis University School of Medicine. Dr. Bucholz pioneered and invented the image-guided surgery navigational system marketed by Medtronic as the “Stealth Station.” It is standard equipment in nearly every neurosurgical suite […]

EIGHT WAYS TO FIX SOCIAL SECURITY

NOW THAT IT’S TOO LATE, “to do it the easy way.” Dale Coberly . . . Notes on possible fixes after reaching “short range financial inadequacy.” The Social Security Trust Fund is projected to run out of money by 2033. Possible fixes to fix the short fall in the Social Security Trust Fund. first possible […]

Student Loan Crisis Would Likely Worsen Under a Second Trump Administration

I have written about student loans or have added articles about student loans to Angry Bear here, here, here, here, etc, etc, etc. I go back years on the topic as well as Alan Collinge of Student Loan Justice does. Politicians resist loan forgiveness claiming students are taking advantage of the system. It is a […]

New Deal democrat Weekly Indicators May 27 – 31 2024

Weekly Indicators for May 27 – 31 at Seeking Alpha  – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. None of the high frequency indicators made any meaningful change this week. The short term outlook continues to be positive. As I wrote yesterday in my summation of the personal income and […]