I started drinking coffee in high school. Over time, the amount increased, so that by about 15 years ago, I was drinking three pots of coffee a day. It was then that I started experiencing acid reflux. Upon learning that acid reflux is a risk factor for esophageal cancer, I quit cold turkey. Within a […]
– by New Deal democrat [Special programming note: Today we begin the second half of the year. On Friday there will be no data due to the federal holiday. Since I haven’t updated my overall nowcast and forecast for the economy, as well as how average Americans are doing economically, I plan to do so then. […]
Introduction: Nearly one third of all corporate political spending on elections since the 2010 Citizens United decision has occurred in the current election cycle. This is months before the general election, a new report from Public Citizen. I suspect this is more for Republicans then Democrats. “‘A Disaster for Democracy’: Report Shows Surging Corporate Spending in 2026 Elections,” Common Dreams, […]
Some introduction and then explanation. A rather brief take on what is going on with the Electric Car in the United States and why it did not succeed. Think Trump . . . President Trump has ordered the elimination of the EV mandate and termination of federal support for EVs. “Quantifying Trump’s impacts on EV […]
Trump refused to sign a housing bill passed by bipartisan veto-proof majorities. But if he refuses to sign it and refuses to veto it, it becomes law. “Speaker Mike Johnson says the landmark housing affordability package Congress passed earlier this month will become law — and that Republicans won’t have to take an uncomfortable vote […]
– by New Deal democrat Besides affordability being of great importance for potential homebuyers, housing also forms about 1/3rd of the entire CPI. House prices are not a component of the CPI, but historically their trend has led the official component, “Owners’ Equivalent Rent,” by about 12 to 18 months. And for about the last […]
Robert is addressing why the latest SCOTUS decision is in deliberate error when reviewing what the FTC is mandated to do by law. Can SCOTUS deliberately disregard the will of Congress and install its own hacks in independent regulatory agencies (with the odd exception of the Federal Reserve Board)? Some might call this, legislating from […]
Having worked in the healthcare field manufacturing products, extraordinary care has to be taken so as to avoid just as happened in the manufacture of Similac. “Missouri Appeals court upholds $495M ruling against Abbott in baby formula case,” Seeking Alpha Abbott is still on the hook for $95M in compensatory damages and $400M in punitive […]
We never had air conditioning when I was young and still had years before hitting 19 when I left home forever. Some how in their homes after I left had air conditioning. Abd I was down at Lejeune or in Cuba. Humidity versus a dry heat, Both were uncomfortable even with your sleeves rolled up. […]
– by New Deal democrat Several weeks ago, I wrote that “after 20 years, I think it’s time to examine whether the broad range of long leading indicators hold up.” This was primarily because, while when they have been positive the economy has followed suit 12 to 24 months later, several times they have been […]