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

June new home sales, prices, and inventory are more evidence for a subpar housing equilibrium

 – by New Deal democrat In last month’s note on new home sales,  I concluded that “This is all but unique. Historically a recession will not occur until inventory turns down again. But to reiterate, housing has been recessionary for a year, and yet no recession has occurred.” Earlier this month, I described the housing market […]

Gasoline Pricing Limiting Citizens

Most certainly, gasoline costs at the pump are mostly the result of the nation’s priorities internationally. Did we have to be involved with Iran over the past few months. No. This was our presidential ego getting in the way of the nation and citizen’s needs and priorities. A presidential ego getting in the way of […]

The “no fire” economy sets a new, 55+ year record low

 – by New Deal democrat [Administrative note: yesterday’s problem, in which the platform would not allow me add a new post, seems to have spontaneously resolved, although “officially” the blog metrics show “0 posts” in all its history, Cross your fingers that this issue has gone away permanently.] I discussed the stock market’s very positive performance earlier […]

The employment effects of ICE enforcement in US cities

Findings of the Republican and President Tr__p attack on labor and foreign Labor in surge and non-surge communities. If you scroll down on the Brooking’s article you will find figures 3 & 4 as mentioned in the footnotes in section “The enforcement surge cost 668,000 jobs” below. “Shock, awe, and economic fallout” | Brookings Brookings: […]

Expanded Warren Take on Taxes and Why

I added some more charts and some wording to give the original piece greater depth The Big Corporations That Avoided All Federal Income Taxes: ITEP published a list of 88 profitable corporations that reported paying zero federal income taxes on their 2025 U.S. income, in no small part due to the corporate tax cuts pushed through […]

Increasing Healthcare Insurance Costs and Lost Healthcare

Charles Gaba @ his Blog of the same name has a commentary up detailing the loss of Healthcare Insurance due to the Tr__p administration with the support of Congress. . . . In case you have forhottens? The subsidies supporting ACA healthcare was cancelled this last year. I do not know whether Charles Gaba will […]