The manufacturing sector of the economy continued to improve in June – by New Deal democrat There’s a brief hiatus from new data early this week, so let me briefly look at the manufacturing economy, for which industrial production was reported on Friday. To briefly recap my overall position: despite the chaos coming out of […]
Robert Reich – “He Can’t Resist“ Here’s you-know-who trying, as ever, to be the center of attention today. This picture was supposed to be about celebrating those who deserved it. Congratulations, Spain — along with apologies for our Malignant Narcissist-in-Chief. Embarrassing for America. He doesn’t know any better . . . It almost appears to […]
What Charles Gaba is showing the impact of the legislation passed by Congress eliminating ACA subsidies. This largely has an impact on ACA enrollment this year. I am displaying partial of Charles’ Post on his site ACA Signups. Charles is using the CMS database to show ACA enrollment before and after the Republican controlled Congress […]
“We are holding Canada responsible for the fact that they are not properly maintaining their Forests, and Brush therein, and the United States is being unnecessarily invaded by filthy, polluted, and unhealthy air, the quality of which is dangerous, and totally unacceptable!” Trump wrote on his social media platform, saying he would call Canadian Prime […]
Weekly Indicators: All Timeframes Positive Despite Increase in Oil Prices Despite oil prices heading back north of $80/barrel this past week, the underlying fundamentals in all time frames remain positive, including most importantly consumer spending. As usual, clicking over and reading will bring you up to the virtual moment as to the state of the […]
This post can be found on Steve Hutkins’ Save The Post Office. He is featuring a commentary taken from the Democracy Docket as linked to in the first paragraph. As is typical, this commentary is all about Pres. Donald Tr__p who is trying his hardest to block the upcoming election or impede it in whatever […]
What Brian is touching upon is the end of a government program providing loans in rural areas for housing. To be specific, the object was providing below-market-rate loans to private and nonprofit developers who build and manage residential housing for low-income residents in small towns and rural counties. It also kept the rent to 30% […]
I’ve been reading and thinking about the idea of wealth taxes. In principle, it’s an idea I could support. Too much wealth is controlled by too few in America today. The chief argument I see made against wealth taxes is that they’re impractical. In a literal sense, this is easily falsified. We already have some […]
Dean Baker on Fast Food and the cuts to it when the economy is slow. The Fast-Food Spending Index is Falling Fast For the last several years I’ve been using real spending at fast food restaurants as a gage for assessing how the non-rich are feeling about their personal finances. The logic is that it […]
– by New Deal democrat Last week I wrote at length about how the entire housing market had reached an equilibrium, where almost all of the metrics were more or less flat. Meaning that this important long leading sector for the economy was about as neutral as it could be. This morning’s data on housing permits, […]