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

Annals of economic prophecy

“Stahl then referenced Sorkin’s latest book, “1929: Inside the Greatest Crash in Wall Street History — and How It Shattered a Nation,” before further pressing him over whether he thinks America will face another economic disaster like in 1929. “The answer is, we will have a crash,” he said. “I just can’t tell you when, […]

It’s The Process, Stupid

– by J.P. McJefferson J.P. McJefferson Thoughts America’s governmental crisis is not primarily a crisis of policy. It is a crisis of process. At roughly the 250-year mark of the American experiment, we find ourselves locked in a familiar but increasingly dangerous argument: we fight over policies as though they are the root cause of […]

Repeat home sales continue to show disinflation; shelter CPI likely to continue to be a non-factor

 – by New Deal democrat For the last number of months, I have been putting front and center that housing prices have ceased being an engine of inflation. In fact, changes in repeat home sales prices as measured by both the Case-Shiller National Index and the FHFA Purchase Only Index are at levels that with only […]

Healthcare in the United States

Curing U.S. Health Care, Part II Paul Krugman On March 23, 2010 President Barack Obama signed the Patient Protection and Affordable Care Act — usually referred to either as the Affordable Care Act or as Obamacare — into law. Joe Biden, then the vice president, could be overheard whispering “This is a big fucking deal.” […]

A realistic Manufacturing Problem when Suppliers Leave the Market

Italicized is my take on the issue. It is something I might do when I ran into similar issues as a Purchasing Manager or Supply Chain Manager. “While Everyone Watched Feedstock, Nylon Supply Base Quietly Shrank” Plastics Today Michael Workman The resin market story you’ve been reading about all spring is real. Benzene is approaching […]

The Tariff Reckoning Comes Due

I thought this would be interesting now as compared to a month ago when David Zetland posted on AI. David’s experiment with AI is a comparison to an earlier commentary by him. Both his and AI’s commentary: “AI’s impacts on learning” can be found at the link. David start’s off by asking a question of […]