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

New Deal democrats Weekly Indicators for November 6 – 10

I have been sharing New Deal democrats Weekly Indicators with an Edward Jones consultant who handles our funds. He was pretty impressed with the detail New Deal democrat gives here and at Seeking Alpha. He has his own account so he can go every week (I am limited). If have some time, you should explore […]

2022 Overpayment to Medicare Advantage? Somewhere between 22% and 35%

Maybe $88 billion and $140 billion will get your attention? Congress does not blink an eye at this expenditure. Received an email from PNHP’s Kip Sullivan who is knowledgeable on Single Payer and Medicare Advantage healthcare plans. Whenever he writes an article, he sends me an email so Angry Bear can be first in line […]

“No new economic data, so let me follow up some more on the issue of longer-term unemployment”

Consumption leads (longer term) unemployment, too  – by New Deal democrat Once again there is no new economic data, so let me follow up some more on the issue of longer term unemployment. Earlier this week I pointed out that just as initial claims lead continuing claims, so does short term unemployment (under 5 weeks) […]

Zombie EV sales

A commenter on AB recently noted that EVs are dead, to which I responded that there sure are a lot of zombie EVs here in East Providence. Kevin Drum has a post up about EVs showing that zombie EVs have been proliferating exponentially since 2011 and arithmetically since 2020. So many dead EVs. Who knew? […]

Election analysis from Heather Cox Richardson

Richardson has a post-election analysis up at her substack blog. Some money grafs: “In Virginia, Governor Glenn Youngkin campaigned hard to flip the state senate to the Republicans, telling voters that if his party had control of the whole government he would push through a measure banning abortion after 15 weeks. This has been a […]

November 5, 2023, Letters from an American

Prof. Heather discusses Biden motivating the FTC to start the process of breaking up monopolies and weaken up the economic power of these large entities. She draws upon the history of Roosevelt in 1908 doing similar and meeting resistance from House politicians led by Joe Cannon as supported by big business to stymie his efforts. […]

Scenes from the October jobs report: soft landing vs. continued slow deceleration

Scenes from the October jobs report: soft landing vs. continued slow deceleration  – by New Deal democrat  First, an editorial note: economic news is light this week, so don’t be surprised if I play hooky for a day or two. That being said, let’s take a look at the most important trends, as I […]

Driverless cars

Count me among those who hope for the dawning of the driverless car age to happen soon. If I live long enough, the day will come when someone—my wife, my daughter—will extend their hand to demand the car keys. The prospect of being able to summon a driverless car to take me to the grocery […]