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

A Century Ago, This Water Agreement Changed the West. And Now?

Reader Dan – On Water – Angry Bear According to a University of Arizona researcher, “society is losing $2.4 billion per year because the Colorado River’s water” no longer flows all the way to the Gulf of California. ~~~~~~~~ And that problem, still exists today as states argue about Colorado River water rights and keep […]

COVID-19 vaccines have saved, not killed millions

“COVID-19 vaccines have saved, not killed, millions” as taken from Fact check usatoday.com, Joedy McCreary, November 8, 2023 ‘It’s just completely impossible.’ The claim originated in a Dec. 2 Slay News article cites leaked official data to assert that more than 20% of vaccinated New Zealanders have died. COVID-19 became widespread in New Zealand for the first time in […]

New Deal democrats Weekly Indicators for December 4 – 8 2023

Weekly Indicators for December 4 – 8 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. The coincident data keeps getting better and better, while interest rates remain very negative. The question, as it has been for months, is whether those interest rates finally case the short leading […]

Amtrak vision links Detroit Metro Airport, Detroit and Cleveland

This makes sense unless you want to hang around the airport for a while to catch another flight to Cleveland or Toledo. If you are observant, there is another route into Canada. All that is missing is an express to Chicago. Amtrak proposal would link Detroit, DTW, Toledo, Cleveland | Crain’s Detroit Business, crainsdetroit.com, Anna […]

Is Redistribution the Solution?

Toward the end of a very interesting and worthwhile conversation about how right-wing “populism” co-opts righteous anger at established institutions, Vincent Bevins asked Naomi Klein how she would counter that co-optation. Her answer was to advocate a “real left that has a political program that is actually redistributive,” which sounds good until you realize that […]

November jobs report: signs of considerable strength, but warning signs of considerable weakness as well

November jobs report: signs of considerable strength, but warning signs of considerable weakness as well  – by New Deal democrat Yesterday I wrote that “In tomorrow’s jobs report, my focus will be on whether the data is most consistent with a “soft landing,” i.e., no further deterioration, or whether deceleration has been continuing;” and more […]

Some Background on the Potential Purdue Settlement

I do not believe this (below) to be long. Then I am not the one who may choose to read it. Lawsuit by Pierce County against various drug distributors and manufacturers, In this instance, I am going to guess they are talking about Opioid pills such as Purdue’s Oxycontin. Do not confuse this with the […]

Initial claims, Expansion, and Employment

Initial claims continue to forecast expansion; further slight deceleration in employment, unemployment, and wages most likely tomorrow  – by New Deal democrat This morning we had our last look at initial jobless claims before tomorrow’s November jobs report. On a weekly basis, claims rose 1,000 to 221,000. The four week average rose 500 to 220,750. […]

Defying the Supreme Court:  an idea whose time has not come

Mark Tushnet is a leading critic of the Supreme Court and of the way judicial review is practiced today in the United States.  Following the Court’s recent decision on affirmative action, Tushnet and Aaron Belkin wrote an open letter urging President Biden to defy the Supreme Court (my bold): We urge President Biden to restrain […]