Our opposition seeds stories (CNBC) in the media pretty frequently like this. They try to make it seem like getting a discharge on student loans in bankruptcy is possible for most people. It is not. AB: Alan is voicing his displeasure with media claiming many people are getting student loan relief. They are not. In […]

It appears inflation is coming down this year and probably into next year also. Maybe Biden will not have to twist the Fed’s arm to get them to lower the Fed rate. Except for fictitious shelter and motor vehicle insurance and repairs, consumer inflation is thoroughly contained  – by New Deal democrat The October CPI […]

I have been sharing New Deal democrats Weekly Indicators with an Edward Jones consultant who handles our funds. He was pretty impressed with the detail New Deal democrat gives here and at Seeking Alpha. He has his own account so he can go every week (I am limited). If have some time, you should explore […]

Consumption leads (longer term) unemployment, too  – by New Deal democrat Once again there is no new economic data, so let me follow up some more on the issue of longer term unemployment. Earlier this week I pointed out that just as initial claims lead continuing claims, so does short term unemployment (under 5 weeks) […]

Prof. Heather discusses Biden motivating the FTC to start the process of breaking up monopolies and weaken up the economic power of these large entities. She draws upon the history of Roosevelt in 1908 doing similar and meeting resistance from House politicians led by Joe Cannon as supported by big business to stymie his efforts. […]

September JOLTS report shows continued deceleration in all trends – except layoffs  – by New Deal democrat All of the major metrics in last month’s JOLTS report for August improved, most slightly, but the decelerating trend continued. In this morning’s report for September, that trend continued, as most of the metrics improved or declined very […]

Some BLS stats on High and Low Income consumers. The differences between the two, spending, what is bought, inflation, essentials, etc. Less is purchased and also more specific is bought by the lower end as compared to a variety of purchases at the upper end. Nice little and simple, readable report. Inflation Experiences for Lower […]

Just got done exchanging a couple of emails with Steve about Suzanne’s and his latest commentary about the growing privatization of the VA. Looks like the VA is farming out more of the veteran’s care to contractors which will come at a much higher cost. Outsourcing to for-profit entities is not a good practice. We […]

Stock prices and bond yields during disinflationary, deflationary, and reflationary periods  – by New Deal democrat This is an update of a post I wrote almost exactly 10 years ago. I’m doing this because of an important secular change I noticed that appears to have happened in the financial markets. Back when I first started delving […]

Weekly Indicators for October 16 – 20 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Obviously, the big story of the week was the surge in interest rates. The 10 year Treasury yield closed above 5% for the first time since 2007, and mortgage rates went above 8% […]