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

New USPS Plan, rather than reducing transportations costs, it will drive them up by requiring more routes

The USPS Eagle spins S&DCs to postal employees, Save the Post Office, Steve Hutkins The cover story of the new issue of the Postal Service’s Eagle Magazine is “Re-Thinking Local Delivery.”  It’s all about the big, new, modern Sorting and Delivery Centers that will replace carrier operations at your local post office. The article has a graphic […]

North Carolina Supreme Court has thrown a lifeline to SCOTUS

AB: Think about it. How does SCOTUS decide on some far-flung theory rejected by the founding fathers. Repubs claim NC high court decision canceling “extreme gerrymander by the state legislature violating the state’s constitution” violated the “independent state legislature theory” (ISLT). AB: This was a preposterous contention that state legislatures, acting alone, without executive approval […]

New Deal democrat’s Weekly Indicators February 13 – 17

Weekly Indicators for February 13 – 17 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. There are two trends percolating under the surface. One trend is the continued slow decaying of growth in the coincident indicators. The other is the slow move towards turning neutral or positive […]

MBA: “Mortgage Delinquencies Increase in the Fourth Quarter of 2022”

Calculated Risk: MBA: “Mortgage Delinquencies Increase in the Fourth Quarter of 2022” calculatedriskblog.com, Bill McBride by Calculated Risk on 2/16/2023 01:42:00 PM From the MBA: Mortgage Delinquencies Increase in the Fourth Quarter of 2022 The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.96 percent of all loans outstanding at the end […]

Inflations Slows and Not Necessarily Because of the Fed

This is a long one and a C&P. Other than putting it up at Angry Bear, I can not take credit for this one. What I can say is . . . they are not the first ones to accuse Supply Chain for much of the inflationary issues we have had as a nation. In […]

Real average wages and aggregate payrolls for nonsupervisory workers through January

Real average wages and real aggregate payrolls for nonsupervisory workers through January  – by New Deal democrat With no new data today, to close out the week let’s update real average wages and aggregate payrolls for nonsupervisory workers. This is the best way, based on monthly data, to see how average Americans are doing financially. While […]