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

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Industrial Production

…is now somewhat less weak than reportedpreviously. Compared to other cycles the first two months rebound appears normal, neither weak nor strong. Over the last three months auto and light…

What about me!

…the auto industry. None of this has reduced the risk of living, and have actually increased the risk of living in the US. Katrina? Lead paint in Asian products, contaminated…

Watch out! We have been tweetered on Health Care

…ACORN and Americorps to sign up individuals for Government-run Health Care plan. • Page 102: Those eligible for Medicaid will be automatically enrolled: you have no choice in the matter….

World Trade Organization ruling, IMF to rule

…and antisubsidy limits on Chinese exports. But the Chinese government has not removed heavy taxes on imported auto parts that were condemned by another W.T.O. panel in July 2008. Economic…

Place your bets, the recession predictions are in

…US retail sales fell 0.1 per cent in July from June, compared with analysts’ estimates of a 0.8 per cent gain. Excluding auto sales, which were boosted by the popular…

Here’s your Medicare Part D

…it. Either way, it’s not there to generate money from money. $26,549 – $5989 (property tax) – $3922 (utilities) – $3038 (Insurance) – $5230 (auto expenses) = $8370 to live…

…jump in auto sales to 9.9 million will generate a rise in real retail sales. But the preliminary reports from retailers are not encouraging. Correction: the originally reported increase in…

Corn ethanol

…government moves the ethanol mandate to 15%, it will be the dawn of a new golden age for auto mechanics’ income. One last thought: Most individuals who have had to…

Real Retail Sales

By Spencer Just to put things in perspective. Note, that January auto sales and retailers reports imply another down month….