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

Initial and continuing claims edge closer to signaling recession

Initial and continuing claims edge closer to signaling recession  – by New Deal democrat There’s a blizzard of data this morning. I’ll report on retail sales and Industrial production later. But let’s start with initial jobless claims, which were unchanged this week at 262,000, the highest level in over 18 months. The 4 week average increased […]

Here’s what Republicans get Wrong about the Student Loan Debt crisis

What is exciting about this op-ed is not just the topic but the writer Lisa Ansell. Ms. Ansell is the Associate Director at the Casden Institute for the Study of the Jewish Role in American Life. She definitely has the band width in adding to the fight for student loan relief for the 46 million […]

“Sabotaging a nation’s future”

“Sabotaging a nation’s future,” Infidel753 Blog, Infidel753 The government of India recently issued new guidance on schooling.  If implemented as described and made permanent, the changes will be disastrous for the country’s future. The theory of evolution — the core and basis of all modern biology and most medical science —  is to be dropped, except for […]

Quite a Chyron, CNN marks the first time in U.S. history a former President is charged . . .

June 13, 2022, Letters from an American, Prof Heather Cox-Richardson It was quite a chyron from CNN, marking the first time in the history of the United States that a former president has been charged with federal crimes. And in this case, what crimes they are: the willful retention, sharing, and hiding of classified documents […]

In the aggregate, in real terms, average American households are bringing home more income

Producer prices continue sharp deceleration; real average and aggregate nonsupervisory pay continues to increase  – by New Deal democrat Historically producer prices were more upstream of consumer prices, but since the 1990s and the employment of “just-in-time” inventories, that has been less the case. So I normally don’t pay too much attention to the monthly […]

“This is the golden age of drug discovery”

This commentary came by way of ltr a reader at Angry Bear. A pretty solid review of how drug prices and the resulting costs after insurance are still impossible to pay. That is, if the insurance, Medicare, Medicaid even pay for them in entirety or a portion. If the former is not the case, a […]

Properly measured Inflation is no longer a significant issue . . .

CPI less shelter up only 0.7% in last 11 months (0.8% annualized rate)  – by New Deal democrat Let me cut to the chase right from the outset: except for the very lagging measures of shelter; motor vehicle parts, repairs and insurance; and to a lesser and waning extent, food; consumer inflation is now well-contained […]

A Slightly confusing headline . . .

Pluralities of Americans support second Trump indictment, say charges are politically motivated: POLL, ABC News, Brittany Shepherd. According to Commenter Fred Dobbs; A Slightly confusing headline . . . ABC News – June 11 There are sharp partisan differences, according to the survey. A plurality of Americans think that former President Donald Trump should have […]

Recycling Plastics releases Microplastic pollution in the Water and Air

Having purchased healthcare, automotive, etc. components from various molding manufacturers, I can definitely testify to the amount of scrap created from each part. There is no way of avoiding the scrap left from a molded component. Much of this ends up in regrind and what ever is sorted may go into other uses. The story […]