“Moulton Bill Plants a Flag for Major Funding—and Policy Reforms—to Develop U.S. High-Speed Rail” High Speed Rail Alliance The American High-Speed Rail Act of 2026—introduced by Rep. Seth Moulton (D-MA) in May with 52 cosponsors—aims to put high-speed rail (HSR) front and center in U.S. transportation planning and spending. It would authorize a total of […]
Maybe not? Paul Krugman discussing Social Security and how it could be saved with a few changes. If you read what Paul Krugman is suggestion as a solution, I believe you will understand what could be done. Also, you will get an understanding of what should not be done and which is having a negative […]
My “Weekly Indicators” post is up at Seeking Alpha. With the renewed warmaking in the Middle East, the price of oil and gas shot up, and interest rates across the board as well. It looks increasingly likely that the Fed will have to hike rates to fight inflation soon, maybe as early as next month.
Carlson was pro-Trump before his current pivot to anti-Trump. But he was anti-Trump before he was pro-Trump: “During Wednesday’s episode of the “Straight Shooter” show, Smith questioned why people should believe that Carlson, a once staunch Trump supporter, is actually serious about the breakup. Smith noted some people could just view it as “another pivot” […]
One Year Later, Trump’s Big Ugly Bill Is Making America Unaffordable, Uninhabitable, and Ugly . . . Brief one with a few words and a bunch of numbers and Links depicting where we are as Tr__P and his merry band of sycophants’ mess with the economy. Not one will step forward and call him out […]
I would avoid going to court at all costs. There is always the chance you will lose. In this case, the accused did not have much of a choice. In which case I would hire the best attorney I could. If you are facing jail or prison as the outcome? If you lose, you do […]
I’ve been enjoying David McWilliams’s podcast for a few years now, and I was planning to ignore his 2024 book on the history of money until I didn’t, and I’m glad I read it. Review by The One-Handed Economist, David Zetland. McWilliams (DM) is a story teller, but he’s also a legit academic economist with decades of […]
But rather than taking advantage of this opportunity to craft an economic alliance that would maximize leverage over China, the Trump administration has gone in the opposite direction. It has levied high tariffs on its own allies, many of which were also pressured into committing to huge investments in the United States. Washington tightened the […]
– 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 […]
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 […]