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

Trump Tax Cuts Benefiting Healthcare Companies More than People

A partial of a much larger report. The complete report can be found here. As taken from: Americans for Tax Fairness “Sick Profits.” This portion of the article looks at the differences in profits and where those profits are going. The additional profits (mostly gained from tax breaks) are not going to reductions in healthcare […]

What I’m watching this week: real spending on goods, payrolls, and corporate profits

 – by New Deal democrat Once again there is no significant economic news on a Monday, so let’s take a look at the important data I am especially interested in later this week. Consumption leads employment, and since consumption is about 70% of the US economy, any downturn in consumption is important, as it directly affects […]