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

Three days later in the Biden Administration

Letters from an American, Newsletter History Professor Heather Cox Richardson at Morrissey College of Arts and Sciences, Boston College chronicles today’s political landscape. Because it is difficult to understand today’s politics without an outline of America’s Constitution, and laws, and the economy, and social customs; the professor’s newsletter explores what it means, and what it […]

Extending START

Extending START  It is not a big headline story among all the other things newly inaugurated Joe Biden is doing, but it is being reported that despite a generally more hostile approach to Russia, he has agreed with what Russian President Putin has said he wants, which is to simply extend the current nuclear weapons […]

Initial jobless claims: still elevated compared with several months ago, another negative jobs report for January a possibility

Initial jobless claims: still elevated compared with several months ago, another negative jobs report for January a possibility Initial jobless claims this week came within a hair of meeting my criteria for a change to an upward trend.  On a unadjusted basis, new jobless claims declined by 151,303 to 960,668. Seasonally adjusted claims also declined […]

NFIB small business optimism vs. reality

(Better late than never…Dan) This is a really slow news week – on the economy!  My retrospective on the Trump Presidency is nearly complete and will be published tomorrow morning. In the meantime, here is a brief note on the Small Business Optimism index which was updated for December last week, showing a steep decline […]

Debt and Taxes III

I don’t know if I should try to make my contributions to AngryBear a noahpinion sub substack or if I should put this over at my personal blog, but I am always stimulated by Noah’s posts . His most recent “No one knows how much the government can borrow” is on a topic I’ve mentioned […]

About Time

About Time Stacey Abrams on Biden’s leadership, Georgia’s election and challenging voter suppression, PBS New Hour January 21, 2021 Judy Woodruff: And, in fact, what we saw in 2020 and at the end of the election, President Trump and the people who support him making almost the opposite argument, that too much has been done […]

“Those who cannot see must feel:” a retrospective on the Trump presidency

Four years ago I wrote “Those Who Cannot See Must Feel,” which is the (quote)“translation of an old German saying that I used to hear from my grandmother when I misbehaved.  It is pretty clear that, over the next four years, the American public is going to do a lot of feeling .…  The results […]

The Democrats and the filibuster

Ezra Klein has moved to the New York Times, and he has a very good piece up today.  His argument is familiar to anyone who follows his work, but well-argued and definitely worth reading.  He begins with this: President Biden takes office with a ticking clock. The Democrats’ margin in the House and Senate couldn’t […]