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

Town Hall Forum – Student Loan Debt Crisis

I have known Alan Collinge for a decade or so. Angry Bear has featured Alan and the Student Loan Justice Org. story multiple times. I have written about it on the side also. Finally more clarity being added to the argument of loan forgiveness by well known people during this Town Hall Forum who are […]

A Clinical Trial for Chronic Lymphocytic Leukemia

Chronic Lymphocytic Leukemia is the most common kind of leukemia in adults. Current therapy is extremely unpleasant and often (usually) fails. There is a very large number of clinical trials of new therapies mostly immunotherapies. They are based on the fact that CLL cells are B-cells which express CD20. One such trial is NCT03759184 Human […]

Housing permits and starts: more evidence for a powerful economic liftoff in 2021

Housing permits and starts: more evidence for a powerful economic liftoff in 2021 This morning (Nov. 19) yet another leading indicator showed that the economy is revving to move ahead strongly, and is only being held back by the pandemic (and the horrible “response” by Trump). Total (blue in the graph below) and single family […]

Electoral Map

In ‘Dearly Beloved,’ and in ‘Are Capitalism and Democracy Compatible?‘, I spoke to the inequities of the Electoral College and of the very unrepresentative Senate. In the both, I spoke of how, in 2016, Trump lost the popular vote by 3 million votes yet won the Electoral College, and the presidency, by 80,000 votes in […]

Coronavirus Dashboard for November 16: raging out of control

Coronavirus Dashboard for November 16: raging out of control Total US infections: 11,036,935* Average last 7 days: 148,725/day (new record high) Total US deaths: 246,214 Average last 7 days: 1,103/day Source: COVID Tracking Project *confirmed cases only: I suspect the total number is on the order of 16 million, or close to 5% of the […]

Economy still expanding, but with retail consumption outpacing production

Economy still expanding, but with retail consumption outpacing production This morning saw two important releases of October data: industrial production and retail sales. Both showed continued strength. Industrial production is the King of Coincident Indicators, and more than any other metric typically shows whether the overall economy is expanding or contracting. In October it increased […]

Democrats: the “less unpopular” party

Democrats: the “less unpopular” party No economic news today  (Nov. 16). I hope to put up an updated Coronavirus Dashboard (hint: it’s pretty unremittingly awful) later. In the meantime, I wanted to add a postscript to yesterday’s post about the Democrats’ problem obtaining a durable electoral majority. It occurred to me after I put up […]

Is Hawley Right?

Josh Hawley is running for president; has been since he was big enough to walk. On the night of the November 2020 election, Josh Hawley, Junior Senator from Missouri, tweeted that henceforth the republican party was the party of the working class; and the democratic party was the party of the elites. Is Senator Hawley […]