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

Strong Q3 GDP, but long leading components are mixed

Strong Q3 GDP, but long leading components are mixed; first preliminary positive signs for production in October  – by New Deal democrat Because today is a travel day for me, I am going to keep my comments about the much-delayed Q3 GDP report brief. As was obvious, a 4.3% annualized real GDP print is very good, […]

Democrats have budget leverage.  They need to press their advantage.

On October 1, 2025, the first day of the most recent government shutdown, Donald Trump’s net disapproval was 12 points.  By the time the shutdown ended 6 weeks later, his net disapproval had risen to 16 points.  Democrats should keep this in mind as the government funding wars heat up again.  The Dems do not […]

Two important employment indicators from November: one says continued expansion, the second recession

  – by New Deal democrat This is going to be a sparse week for data, with the exception of tomorrow’s long-delayed Q3 GDP report, and jobless claims on Wednesday. Sadly, so much of the data is still missing or stale that the best source for up-to-date information is in the regional Fed reports, most […]

New Deal democrats Weekly Indicators for December 15-19, 2025

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Update: All of the trends that we have been seeing for the past several months appear to be becoming more entrenched. That includes the re-normalization of the yield curve on the positive side, and weak withholding tax payments and transportation metrics on […]

The “gold standard” QCEW through Q2 suggests little if any employment growth this year

– by New Deal democrat The Quarterly Census of Employment and Wages (QCEW) is “the gold standard of US employment measures. It is an actual census of 95%+ of all employers, who must report new employees for purposes like unemployment and disability benefits. Because of this, it is used for the final revisions, a/k/a benchmarks, for monthly […]

ACA Deductibles 2014 -2026

Deductibles in 2026 were planned proved there was ACA healthcare in 2026. It appears; Republicans are disenfranchising millions of citizens as they eliminate the subsidies. Such will make healthcare too expensive for millions of citizens. The deductibles below were pretty expensive. Deductibles in ACA Marketplace Plans, 2014-2026, KFF These chart collections provide key data about […]

Children Without Legal Representation

If you wish to know what takes place when people of Mexico face a judge to determine their fate? Here is a partial story of Lucy and a few children facing and immigration judge in Tucson, AZ. These children do not have legal representation as funding was cut by Tru_p and his administration. This story […]

Inflation and the Economy

Just pulling together a couple of different source reports which briefly and pretty much say similar. We are still not sure which way the economy is going. In reality, the outcome is more likely than not is in the hands of Trump and his knee-jerk reactions. We are at a pivotal point. Surveys of Consumers, […]

Real retail sales contract; depending on inflation report may signal further job losses

– by New Deal democrat [Note: An update to my OS the other day has nuked my ability to post graphs. For now, I will post links to FRED graphs that you can access. If I am unable to resolve the problem, drastic action may be required.] Angry Bear can post the images while NDd […]

No Vote on Healthcare this Year – 2025

A Republican led House of Representative could not come to an agreement on the continuation of subsidized ACA healthcare for their constituents. I would think they should stay in conference over the holiday until they do reach some type of agreement. There is no energy in them to inconvenience themselves for constituents. WASHINGTON — It […]