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

Had Computer Issues

Been busy updating my computer when I ran into an issue. I had paid for the Geek Squad when we bought a new Sony TV for our new house in AZ. I took my lap top into them and they sorted through it all , fixed the issue, corrected some other issues I di not […]

Coronavirus update through October 30, 2023

Coronavirus update through October 30, 2023  – by New Deal democrat No important economic news today, but it’s been a while since I took a look at the COVID-19 data, and there is an interesting trend, so let’s have at it! But first, some bad news. The most reliable data for infections for the past […]

Mao with money

The October 30 issue of The New Yorker has a piece on Xi’s China called “China’s Age of Malaise.” While the mainstream media continues to promote the idea that China has become a wellspring of creativity and economic competition, the reality is that China is retreating into the rigid, sclerotic political dogmatism that characterized the […]

OEMs Pulling Back from EVs?

I rewrote portions of this article and added information from my own experiences in Automotive when new technology is introduced. My experience is not as great when compared to the introduction of EVs. However, it does come close enough to understand what is going on with the industry. Anyways, onwards. As taken from: GM Says […]

More Military Veterans to Congress Who Oppose the “Forever Wars”

This commentary by Steve Early is about politics and war. The wars the US politically gets involved in, sends its young off to fight, and then leaves them pretty much stranded. It ain’t all John Wayne and scenes from the Alamo. Steve Early and I have been exchanging emails back and forth on VA healthcare. […]

Catherine Rampell of WaPo notes the U.S. economy “looks remarkably good.”

Prof. Heather giving a news report on the economy and what people are believing based on their politics. The economy has weathered a pandemic, inflation, supply chain events, a war in eastern Europe, dysfunctional Republicans, politics, trump, and it keeps on ticking. I expected more of a 2008 scenario with Congress and the Fed ravishing […]

Impact of Inflation on Lower and Higher Income Households

Some BLS stats on High and Low Income consumers. The differences between the two, spending, what is bought, inflation, essentials, etc. Less is purchased and also more specific is bought by the lower end as compared to a variety of purchases at the upper end. Nice little and simple, readable report. Inflation Experiences for Lower […]

How I Learned to Soak the Rich

From time to time I argue that the optimal strategy for Democrats is good old egalitarian populism: soak the rich and spread it out thin. I note the polls which have, for 3 decades now, shown that a majority of US adults think that upper income people and corporations pay less than their fair share […]

New Deal democrats Weekly Indicators for October 23 – 27

Weekly Indicators for October 23 – 27 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. With half of reports in, Q3 profits for corporations have made a new all-time high. Meanwhile the stock market has made repeated new 3 month lows. The former is a long leading […]