January personal income and spending show how important government stimulus has been to keeping the economy afloat This morning’s report on January personal income and spending shows just how important the stimulus packages enacted by the federal government both last spring and last month have been to sustaining the economy.After adjusting for inflation both personal […]
Steve Hutkins at Save The Post Office continues his dialogue on planned changes to USPS operations with one change amongst the others resulting in later deliveries of first class mail. The Washington Post was the first to report on this change as well as other changes. You may be able to catch portions of Louis […]
New home sales rise m/m, but signal caution for housing market going forward New home sales increased to a three month annualized high of 923,000 in January. This is of a piece with the positive news last week on housing permits. At the same time, the pace remains below the recent high of 979,000 annualized […]
With all the crap, trump has said in tweeting over 4 years which equates to > 20,000 tweets via “Wiki,” I find it to be infantile and a double standard for Manchin, Collins, and Romney to call Neera Tandern out for her tweets. Where were they over the last 4 years of trump, hiding from […]
Initial jobless claims: it appears that the worst of the winter 2020-21 increase is behind us Let me start off this week’s review of initial jobless claims by pre-debunking something I am sure is going to be said elsewhere: a lack of reporting in Texas did *not* appreciably skew this week’s numbers. Applying the same […]
Steve Hutkins at Save the Post Office Continued discussions between the mailers who are faced with higher rates, PMG Louis DeJoy, and Congress. The mailers are in court as we read Steve’s excellent review of what is taking place. Also, PMG DeJoy has plans of increased prices for mailers also includes slower service and higher […]
Has Elon Musk Damaged His Portfolio By Buying Bitcoin? After tweeting repeatedly for some time about bitcoin and the originally satirical degecoin, both of which have gone up massively in the past year, on Feb. 8 Elon Musk put his money where his mouth had been and had his Tesla EV company buy about $1.5 […]
It isn’t that no one cares what you think, they probably don’t, it is that what you think doesn’t really matter. Chances are that what you think, you didn’t; didn’t think that is. Even if you did, it doesn’t matter because facts are facts, and facts don’t care. Facts just are. Feel free to think, […]
Coronavirus dashboard for February 23: vaccinations start to have a dramatic effect Totals US deaths, Cases, vaccinated one dose and two doses: – Coronavirus confirmed deaths: 500,310 – Confirmed infections: 28,190,159 – One Dose vaccinations: 44,138,118, and – Two Dose vaccinations: 19,438,495. The good news is, roughly 9.5% of the US population age 18 or […]