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

Unresolved post-pandemic seasonality likely continues in jobless claims

– by New Deal democrat Unresolved post-pandemic seasonality likely continues to rear its head. This is a probable explanation for yesterday’s strong monthly gain in employment, and it appears to be behind the trend in this morning’s jobless claims report as well.  Later this morning as promised yesterday I will discuss at some length the nature […]

Trump Promised He Would Deport Violent Criminals

The problem with this goal is they could and more likely than not fight back. When people are left with no alternatives, they will do what they need to do to protect themselves from others. Yeah, I know, I am talking about criminals. But, at some point, civilians will push back. Don’t exercise your First […]

Pollution Costs vs Benefits of Clean Air

It has been a while since I have seen a rather good presentation analysis on how benefits gain out way the costs of pollution. In its brevity the analysis by Prof. McCabe offers up an excellent cost analysis which makes one wonder why? Why has the nation delayed in doing this if there is such […]

January jobs report: superb monthly gains, but the birds came home to roost for 2025

– by New Deal democrat This is the month the birds came home to roost, at least for the year 2025. While the month over month numbers were almost all positive, some strongly so (a repeat of what we saw last January as well, so beware unresolved seasonality), the benchmark revisions were brutal. Which is likely […]

Rebuking Trump on tariffs is a first baby step towards rehabilitating our international reputation

Yesterday the House (barely) rejected an effort to block members from challenging Trump’s “emergency” tariffs.  The sordid details are here.  The Senate has previously taken some steps in this direction, and with Trump’s approval ratings still declining and the possibility of a mid-term wipe out looming it seems possible that we will see Congress move […]

Pharmaceuticals, Drug Stores. and PBMs

What private equity typically does when they buy into a company in trouble? Typically, they will strip a company of assets. What Matt is writing about is the application of public utility rules to control their methods of business, Rules are not open to interpretation as are laws. I have not seen this piece by […]

Navigating The Medicaid Healthcare System

A lengthy piece with plenty of diagrams to assist in understanding. This brief gauges Medicaid enrollees’ perspectives on their health insurance, based on findings from KFF’s Survey of Consumer Experiences with Health Insurance, fielded February 21 through March 14, 2023. “A Look at Navigating the Health Care System: Medicaid Consumer Perspectives,” KFF – by Amaya […]

More Trump Administration BS on mRNA vaccines

Just like the ICE paramilitary wilding has nothing to do with public safety, the RFK Jr attacks on mRNA vaccines have nothing to do with public health. “The panel, called the Advisory Committee on Immunization Practices, already has imposed some limits on access to Covid vaccines and has rescinded recommendations for some routine childhood shots.“Several […]

Real retail sales turn down monthly and YoY in December, boding poorly for employment

– by New Deal democrat Real retail sales, one of my favorite broad-economy indicators, was updated through December this morning — still stale by one month, as under normal circumstances January’s numbers would have been released this week.  Still, with consumer spending being about 70% of the entire economy, this is one of the most […]