– by New Deal democrat Yesterday we saw a slew of data releases, including durable and core capital goods orders, jobless claims, personal income and spending, and motor vehicle sales. I reported on all but personal spending and motor vehicle sales yesterday. Today let’s take a look at the last two. Let me start with the […]

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When I go searching for in Google, I look for multiples of citations of similar commentaries. Not that I want to quote them all. I am more interested in getting the story or article correct and/or the same as the author does. I may at times talk to an author just to have an accurate […]

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The American right uses the words “socialist,” “communist” and “Marxist” as epithets, not according to their actual definitions.

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“Breaking: HHS report admits Trump/GOP policy had already thrown 2.6M off the ACA cliff as of FEBRUARY, 2026, ACA Signups, Charles Gaba. Some Explanation . . . Some Guy, January 2026: So, what does this mean for monthly effectuated enrollment this year? Well, it’s pretty safe to say that it’s not going to look anything like […]

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The question I get most often when speaking about Watergate is a version of “what would happen if Watergate happened today with Fox News?” And my answer is always very simple: Nixon would have survived. Not because he didn’t deserve to be forced from office, or because there was a Deep State campaign against him, […]

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 – by New Deal democrat This morning a plethora of economic data was released, including personal spending and income, manuacturers’ new orders, motor vehicle sales, and jobless claims. Since tomorrow sees no significant data releases, I’m going to hold the in-depth look at spending and motor vehicle sales until tomorrow, and update the other releases today. […]

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Its good to be Monsanto! If you do not recall, I had written about the Monsanto issues years ago. Can’t find that post. In a nutshell, the “active ingredient is glyphosate. Mainly, it’s linked to carcinogenicity and the ability to cause cancer and specifically non-Hodgkin’s lymphoma. Unless, you go out in the field gress in […]

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– by New Deal democrat The third item from this morning’s torrent of economic data I want to address is personal income and saving. I’ll update the spending side tomorrow, including an updated look at motor vehicle sales, which were also released this morning. On a nominal basis, personal income rose 0.7% in May, as […]

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but they will not solve the problem. The cause of the low employment rate is not due to a lack of hard skills. A good piece examining the difference in employment between Black men, Hispanic men, etc, and white men. Even with an equivalent education as others, Black men employment is less than other groups. […]

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If you haven’t read hundreds of books, you are functionally illiterate, and you will be incompetent, because your personal experiences alone aren’t broad enough to sustain you. ~General James N. Mattis

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 – by New Deal democrat Per my post earlier this morning, I am going to delay until tomorrow reporting on motor vehicle sales and an in-depth look at personal spending, but let’s look at the second significant data release from this morning: manufacturers’ new durable goods orders for May. To cut to the chase, this […]

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To answer the question of why Dylan’s comment now? I was a child of that era, (I can quote this). For all of you out there who prescribe to your military service as a necessity to be citizen and complying to the draft or enlisting? I really do not believe you have to do so. […]

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Don’t need much of an explanation to introduce this piece . . . Who gets to decide? “How US Policymaking Institutions Reinforce Inequality and Favor the Status Quo,” Roosevelt Institute The Powers: The policymaking institutions established by the US Constitution are extreme in their capacity to impede policy change. Four characteristics explain why: (1) a […]

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George Washington famously required his army to be innoculated against smallpox. Not because he was woke, but because he understood how devastating this viral infection could be and how protective immunity was. Whisky Pete, knowing more than our founding father and first president, made the flu vaccine optional. How’d that work out? “Last week, news […]

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I do not know how others are raised in their families. You can get an idea by watching how they act with others and yourseld for that matter. With an Italian mother and grandmother as well as a strict father, we were taught to respect others, their customs, and adults. It does carry over into […]

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– by New Deal democrat To start with the usual: new home sales are very volatile and heavily revised, which is why I pay more attention to single family permits. But they are the most leading of all the housing data; and averaged over three months, much of the noise goes away. In May, new […]

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This report is from May 19, 2026. Things have probably changed since then. Not for the better and more likely for the worst. Our country can grant tax breaks for the upper 10% of the income brackets allowing it to cause deficits. Somewhere there has to be a balance. To reconcile the difference in taxes […]

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Just some thoughts . . . “The Shaky Assumptions Behind Trump’s Over $500 Billion in Projected Drug Savings,” FactCheck.org The administration’s most favored nation policy seeks to bring down drug prices to levels paid in other countries. The bulk of the savings, estimated in a May 5 report by the White House Council of Economic Advisers, comes […]

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Republicans are once again blaming social programs for the ballooning deficits and national debt. Setting aside the fact that the US debt/GDP ratio was higher at the end of WWII and that Japan has a far higher debt/GDP ratio, what would a serious discussion about federal spending look like? Obviously, it would decry the squandering […]

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