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

Regional Fed manufacturing indexes suggest 2025 trends are slowly abating

 – by New Deal democrat Although the federal government shutdown has been over for a month and a half, most of the data that has been released has lagged badly, especially including data on sales, spending, and business orders. That means that the most current measures of these are the ISM manufacturing and non-manufacturing reports, due […]

AI Rapidly Replacing Labor – Workers

Artificial intelligence is already taking jobs from human workers, but according to renowned computer scientist Geoffrey Hinton, the real disruption may only be getting started. In a weekend interview on CNN’s State of the Union, Hinton predicted that AI systems will make significant leaps in 2026, gaining capabilities that could allow them to replace an even […]

Weekly Indicators for December 22 – 26, 2025

 – by New Deal democrat My ”Weekly Indicators” post is up at Seeking Alpha. The year ended with a magnification of several trends that have been a theme all year: the US $ is down almost 10%, largely responsible for a nearly 15% rise in commodity prices, while consumer spending ended with a bang as well. “Commerce […]

Europe’s water reserves

I would have thought the Unted States would be the first to have issues. We are not careful with our usage or pollution runoff. United States Citizens take fresh water for granted and abuse the usage of it. I have found Europeans to be more careful in their usage of fresh water and the pollution […]

The downside of semaglutides

GLP-1-based therapies for obesity have been transformational. The benefits are undeniable, and the risks for most people are negligible. These drugs belong in the class with anti-hypertensives and statins. Who could complain? Here’s one doc who was an initial enthusiast, but who has cooled: “The truth is, most patients don’t stay on anti-obesity medications — […]

Brief Rundown on EVs, etc. v Gasoline Powered Vehicles

Nothing too technical, just some conversation and points. It has been found or reported, hybrid vehicles incur fewer issues and problems than gasoline vehicles. On the other side of the spectrum, fully electric vehicles and plug-in hybrid vehicles (PHEVs) can have more issues. Let’s face it, the technology is still new and manufacturing and research in the US are […]

Can we stop hyperventilating about processed foods?

When I was growing up, lots of adults smoked. My piano teacher smoked during my piano lessons. Cigarette commercials were on TV. Their jingles were so addictive, we in the trumpet section would play them before band practice. Airplanes used to have a smoking section and a no-smoking light that went on before take-off and […]

RFK Jr and Antivax org and mRNA

Red Alert: RFK Jr-founded Antivax org pushing to Ban mRNA COVID Shots. Articles of impeachment are filed, ACA Signups, Michigander Charles Gaba Hoo boy. You knew this was coming. Via Jessica Karins of Inside Health Policy: As public health stakeholders and members of Congress grapple with how to respond to changes in HHS’ vaccine policy, the anti-vaccine organization […]

How the “wealth effect” fueled Q3 GDP

 – by New Deal democrat In Q3, personal spending rose 1.6%, or 6.4% annualized, while personal incomes only rose 0.8%, or 3.3% annualized. A little more precisely, personal spending rose 0.75% more than personal incomes. Just how much more did spending rise than the income to fuel it compared on a historical basis? In the past […]