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

A pediatrician’s thoughts on the new vaccine schedule

The other day, I was getting my semi-annual cleaning at the dentist office. When the hygienist asked what I did before retirement, I told her I was a medical school professor. That touched off a 15-minute interrogation about childhood vaccination. She has an infant daughter. While she’s gotten all the recommended vaccines, she was plainly […]

November JOLTS report consistent with a weak, but sideways rather than negative, trend in the labor market

– by New Deal democrat Yesterday’s JOLTS report for November was not stale inasmuch as it was at best delayed by a week or two. But nevertheless, since it was for November it remains somewhat old news that can only help to confirm other data we have already received.  Last month I concluded that the […]

Why Congressional Republicans are Responsible for the Government Chaos

Secondarily, J.P. McJefferson gives the specific reasons why Republicans are holding the bag on being responsible for governmental and political leadership. It is difficult to imagine why they fall in line with Trump and Miller’s demands. Comment extracted from an earlier post. “Republicans en mass are responsible for the complete chaos of the American government,” […]

Jobless claims start the year where they left off: very low firing, problematic hiring possibly easing

 – by New Deal democrat Let’s take our weekly look at jobless claims, which are the best up-to-the-moment measure of the labor market. Initial claims rose 8,000 to 208,000, while the four week moving average declined -7,250 to 211,750. With the typical one week delay, continuing claims rose 56,000 to 1.914 million: Number of Initial […]

ISM services report for December powerful evidence that the services providing sector of the US economy remains in solid expansion

 – by New Deal democrat As I indicated yesterday and earlier today, we got some stale data on factory orders this morning, as well as a JOLTS report for November. I’ll take a look at those tomorrow. In the meantime, the big news of the morning has to be the very good ISM services report for […]

Republicans en mass are responsible for the complete chaos of the American government

AB: J.P. McJefferson’s comment in reply to a commentary by Ken Melvin, “The Republicans.” Ken, you are so right that Republicans en masse are the responsible party for the complete chaos of the American government. This great experiment of government, with its brilliantly designed checks and balances, was prepared to handle the misguided course of […]

“We control our own destiny here, but we’re not controlling it right now”

“Southwest’s disappearing precipitation is also due to human-driven climate change,” University of Michigan News To end the Colorado River Basin’s megadrought, ‘we just need to stop climate change,’ a U-M expert says. ‘We know how to stop it and it’s not too late to stop it.’ Like much of the southwestern U.S., the Colorado River […]

In December, truck sales tanked while car sales and private jobs (per ADP) increased

 – by New Deal democrat I will write about the biggest economic release of the day, the ISM services report for December, later. In the meantime, here are two other important data releases for December, one from a private source (ADP), and the other from the BEA’s GDP updates. As an initial matter, I don’t […]