by New Deal democrat Housing may bottom this spring Despite yesterday’s poor existing home sales report, which was the worst in over three years, the bottom in housing may be near. This post is up at Seeking Alpha. As always, reading the post should be helpful to you, and renumerates me just a bit for my […]
Netanyahu Sinking While the wise and up-to-date observers declare the two-state solution between Israel and Palestine to be deader than dead, I continue to think that morally it is the best solution for this deeply difficult problem. However, one leading force in sending this solution into the grave is Binyamin Netanyahu, Israel’s prime minister, who […]
A Hill-HarrisX poll released Tuesday found that 25 percent of Democrats said they would back Michelle Obama in the party primary over nine other declared or potential candidates, including Sens. Bernie Sanders (I-Vt.), Kamala Harris (D-Calif.), Elizabeth Warren (D-Mass.), and former Rep. Beto O’Rourke (D-Texas). 5% error in Democrat only questioned. Cited reasons for her […]
This should come as no surprise as I have written on the topic of Healthcare Costs and Its Drivers before. In particular, the overriding statistic from an earlier post was 50% of the increase in healthcare costs was due solely to price increases between 1996 and 2013 (JAMA, Factors Associated With . . . . […]
100 years of industrial production This is a post that can literally be written only once in 100 years! Because as of last Friday, it has been exactly 100 years since the first publication of industrial production by the Fed in January 1919. So this is a good time to take a sweeping historical look […]
Wages continued to improve through January One item I didn’t get around to in the last couple of weeks is how wages performed as of January’s jobs report. And the basic answer is: pretty good! The first graph below shows real, inflation adjusted average wage gains for non-managerial workers measured YoY: As of January they […]
“When we first came to Washington in 1933,” FDR Labor Secretary Francis Perkins wrote in her memoir, The Roosevelt I Knew, “the Black bill was already before the Congress. Introduced by Senator Hugo L. Black, it had received support from many parts of the country and from many representatives and senators.” The Black Bill was […]
This is really, really Rich . . . Nick Sandmann, high school junior who faced off with Native American elder Nathan Phillips on the Lincoln Memorial steps is suing WaPo for $250 million. It is “only the beginning said attorneys Lin Wood and Todd McMurtry, on their firm’s website, noting that it was the ‘first […]
In an editorial, the publisher of the Democrat-Reporter newspaper in Linden Alabama confirmed to the Montgomery Advertiser on Monday that he authored the Feb. 14 editorial calling for the return of a white supremacist hate group. In a conversation, Goodloe Sutton added to the editorial. “If we could get the Klan to go up there […]