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

When will housing construction turn down? A fuller consideration

When will housing construction turn down? A fuller consideration  – by New Deal democrat No important economic news today. Also I am traveling this week, so there might be some light posting, as in, I might skip a day or two. But I very much want to see what is happening with house prices, which […]

A Declining Interest in Boosters

Much of this post is from “Among Seniors, a Declining Interest in Boosters,” (dnyuz.com). This article first appeared in the New York Times as authored by Paula Span, October 22, 2022. I think what is important here is the growing indifference to Covid. They have been inoculated against Covid with the original series of shots. […]

New Deal democrat’s weekly indicators for October 17 – 21

Weekly Indicators for October 17 – 21 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. If you thought the long leading indicators couldn’t get any worse – well, they could. As usual, clicking over and reading will bring you up to the virtual moment as to how the economy is doing right […]

“Long Beach and Los Angeles Shipping Backlog Ends”

If you have no idea of what a container ship looks like when loaded with containers, here is one example. I have no idea what port this one may be pulling into. The backside of the container ship has 178 containers with the top corners empty. If you had the time and the know-how, I […]

Coronavirus dashboard for October 21: autumn lull continues, despite new subvariants

Coronavirus dashboard for October 21: the autumn lull continues, despite new subvariants  – by New Deal democrat No economic data today, so let’s update the status of COVID-19. We are currently in a relative lull, with confirmed cases, hospitalizations, and deaths all near or at low levels only matched or exceeded at mid-year 2021 and […]

They can only “win” by cheating …

“They can only “win” by cheating …,” Homeless on the High Desert, Ten Bears. October 7, 2022 in g’da said Your Daily Chaos, Morning Digest: Elections ~ Here’s something you don’t see often—or ever: Republican Mike Erickson released an internal poll showing him leading his Democratic opponent, Andrea Salinas, the very same day that he filed a lawsuit demanding Salinas take down an […]

If GOP Wins Either House Of Congress, Dems Must Kill the Debt Ceiling

If GOP Wins Either House Of Congress, Dems Must Kill Debt Ceiling  If it comes to pass and especially if the GOP takes both houses, presumably Democrats will be able to kill the debt ceiling in the lame duck session. This assumes Manchin and Sinema stick with them on it, which one of them might […]

September existing home sales and prices decline

September existing home sales and prices decline  – by New Deal democrat With the exception of their big impact on prices, I do not particularly pay attention to existing home sales. Their economic impact is small compared with the construction of new homes which may have spearheaded by companies like that New Home Builder in […]