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

Trademarking a President’s name

Trademarks his name for future use? This was going on mid-February. It is now two weeks later and I am catching up on my subscriptions. Trump is trademarking his name JIC they wanted to use it for naming an airport. I was thinking more of hot air balloons when I read this. Such vanity. for […]

Here we go again

During the Vietnam war, we were told Americans were fighting and dying because of the domino theory—that if the dictatorship in South Vietnam fell, the communists would take over all of Southeast Asia and India. It was a lie. During the US invasion and military occupation of Iraq, we were told that Americans were fighting […]

DEATH OF TRUTH and SOCIAL SECURITY (3)

Part Three of a commentary (broken into parts) about Social Security. Dale Coberly discusses with AI (Artificial Intelligence) Social Security. The topic about Social Security? How it can be saved as it is today without major cuts to it. This is really hard to discuss with people. Many believe it would take a vast amount […]

Many Generic Medications can be Sold at a Fraction of Current Prices

“Pharmaceutical Pricing: JAMA Talks with Mark Cuban on Public Health,” JAMA, JAMA Network Dr Bibbins-Domingo: You’ve basically shown that many generic medications can be sold at a fraction of current prices. In health care terms, what does this tell us about the market? Mr Cuban: It tells you that it’s not an efficient market…You mentioned [Cost Plus […]

Claiming a Golden Age

“Rhetoric Is Not Reform: The Good Life Can Not Be an Applause Line,” Roosevelt Institute In his State of the Union address, President Trump claimed a “Golden Age of America,” insisting the economy is “roaring like never before” and pointing to market highs and headline indicators as proof. But people don’t live inside a speech. […]

SCOTUS Tariff Decision Extends Far Beyond Tariffs

The court’s decision says Trump can not work around Congress by making decisions without Congress agreeing. “The Supreme Court’s tariff decision extends far beyond tariffs” It stops Trump from deciding not to spend money Congress appropriated, and from going to war without Congress’s approval Robert Reich Friends, A 6-3 majority of the Supreme Court decided […]

The peace president goes to war

The overclocked 8th grader in the White House has decided that the path to the Nobel Peace Prize lies through war. “The strikes opened a stunning new chapter in U.S. intervention in Iran and marked the second time in eight months that the Trump administration has used military force against the Islamic Republic. They came […]

Construction spending mainly flat nominally and declining in real terms, except for AI data center-related Boom

– by New Deal democrat Before I get to the main object of this post, there was a little kerfluffle in the financial markets this morning about a “hot” producer price index number. Specifically, PPI for final demand increased 0.5% in January. Commodity prices also increased 0.3%. The YoY% changes were 2.8%, although raw commodity […]

Immigrants are Using Less Welfare than US Citizens

In that respect, the title is correct. Immigrants whether legal or not do not use more welfare than U.S. citizens. That they do use welfare benefits can be an issue to many. However, I believe we should look more at the economic impact immigrants have on the economy whether they are legal or not. As […]