August CPI: sharp gains in housing and new cars offset declines in used cars and gas – by New Deal democrat Following up on yesterday’s post, let’s cut to the chase: Total CPI +0.1% Energy -5.0% Used vehicles -0.1% New vehicles +0.8% Owners’ equivalent rent +0.7% (biggest monthly gain since 1990) YoY inflation declined to +8.3% from its recent +9.0% peak: The 0.7% increase in owner’s equivalent rent was the biggest monthly...
Read More »Nineth Amendment of the Bill of Rights
Has anyone looked at the Nineth Amendment of the Bill of Rights? Because of what is being said about rights not enumerated in the Constitution by SCOTUS and Carol Stewart is precisely why it exists. Some history: “The Amendment’s origin is fascinating history. James Madison proposed the Amendment to counter the Federalist arguments that a bill of rights was unnecessary or even unwise. The Federalists argued that the government created by the...
Read More »Previewing CPI
Previewing CPI No economic news today. Tomorrow the August CPI will be reported. Recall that in July there was no inflation whatsoever. In August last year prices increased 0.3%, so any number lower than that will lower YoY CPI from its July level of 8.5% (June’s 9.0% YoY inflation having been the peak). The big bugaboos for consumer inflation have been housing, vehicles, and gas. So let’s take a look at each. Yesterday, for the first time,...
Read More »Open thread Sept. 13, 2022
Breaking Into Agriculture: Episode 1, Market Gardens
With the Breaking Into series we will explore US agriculture, the least complex, the most complex, the failures, frustrations, sustainability, costs, and future of each topic that makes up modern agricutlure. On this episode we are going to explore one of the more simple ways to get into professional agriculture, Market Gardens. Market Gardens by another name are simply backyard gardens where the output is more than the habitants of land can...
Read More »Answering John Roberts Beliefs of Innocence
I had read Dan’s post, “Total Hypocrisy, Franken Pushed Back on GOP” – Angry Bear (angrybearblog.com). Was kind of wondering if there was an answer to John Roberts. Roberts beliefs are they are innocent, alas how could their decisions be influenced by political beliefs, especially the political influences appointing them, the Federalist Society, their own beliefs, politics, etc. Did I miss something? As one commenter said, appointees to SCOTUS...
Read More »Fukuyama on Russia, Ukraine, and the future of democracy
I was planning to make this argument, but Fukuyama says it better than I would have: Thirdly, a Russian military failure—meaning at minimum the liberation of territories conquered after 24 February 2022—will have enormous political reverberations around the world. Russia and China prior to the war argued that liberal democracies, particularly the United States, were in decline. They argued that their authoritarian systems were better at...
Read More »More disinformation about COVID policy in New Zealand
I have a piece up at Science Based Medicine responding to criticism of New Zealand’s zero COVID policy by Jay Bhattacharya, an author of the Great Barrington Declaration and an uncompromising critic of COVID restrictions. Here’s the intro: Bhattacharya’s most compelling argument is that the zero COVID policy led to an increase in non-COVID mortality that substantially offset the COVID deaths the policy averted. If this were true, it would indeed...
Read More »Why is the Signify Health Acquisition Such A Big Deal?
“CVS beats out Amazon for Signify Health” (axios.com), Sarah Pringle Why does was CVS battling Amazon for a rinky-dink company like this matter? Hmmm, think back to “Value-Based Payment. It is the New For-Profit Health Care Industry” and all of the healthcare providers being acquired by insurers. There is also an involuntary push going on by CMS moving people out of traditional Medicare to these plans. Traditional Medicare has price control and...
Read More »Combating Nativism and Making America Stronger
Combat Nativism and Make America the Most Welcoming Country in the World Some findings from the Roosevelt Institute: “New report: Combat Nativism and Make America the Most Welcoming Country in the World” – Roosevelt Institute In 2020, natural disasters forced more than 30 million people to migrate across the globe. by 2050, climate change impacts could bring this number up to 216 million.Mass migration is happening against the global backdrop...
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