Tag Archives: Hot Topics

It appears inflation is coming down this year and probably into next year also. Maybe Biden will not have to twist the Fed’s arm to get them to lower the Fed rate. Except for fictitious shelter and motor vehicle insurance and repairs, consumer inflation is thoroughly contained  – by New Deal democrat The October CPI report confirmed yet again what I have been saying for months: except for fictitious shelter, both headline and core inflation...

Why Biden is in trouble about the economy  – by New Deal democrat  A big focus of political discourse in the past two weeks has been about why Biden seems to be polling so poorly against Trump, and in particular has not consolidated support among younger voters. Since the economy is always a very important component of voter intentions, unless there is a major superseding event like 9/11, economic performance has historically been a good...

I have been sharing New Deal democrats Weekly Indicators with an Edward Jones consultant who handles our funds. He was pretty impressed with the detail New Deal democrat gives here and at Seeking Alpha. He has his own account so he can go every week (I am limited). If have some time, you should explore NDd’s stats. Weekly Indicators for November 6 – 10 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking...

Maybe $88 billion and $140 billion will get your attention? Congress does not blink an eye at this expenditure. Received an email from PNHP’s Kip Sullivan who is knowledgeable on Single Payer and Medicare Advantage healthcare plans. Whenever he writes an article, he sends me an email so Angry Bear can be first in line to place it on the blogosphere. Computer was down and I am a couple of days late in posting his commentary. If you are unaware...

Consumption leads (longer term) unemployment, too  – by New Deal democrat Once again there is no new economic data, so let me follow up some more on the issue of longer term unemployment. Earlier this week I pointed out that just as initial claims lead continuing claims, so does short term unemployment (under 5 weeks) lead long term unemployment (15 weeks and over). Think of unemployment as a pipeline, and the intake flows before the main...

A commenter on AB recently noted that EVs are dead, to which I responded that there sure are a lot of zombie EVs here in East Providence.Kevin Drum has a post up about EVs showing that zombie EVs have been proliferating exponentially since 2011 and arithmetically since 2020. So many dead EVs. Who knew?zombie EV sales Tags: Electric vehicle sales ...

Richardson has a post-election analysis up at her substack blog. Some money grafs:“In Virginia, Governor Glenn Youngkin campaigned hard to flip the state senate to the Republicans, telling voters that if his party had control of the whole government he would push through a measure banning abortion after 15 weeks. This has been a ploy advanced by Republicans to suggest they are moderating their stance on abortion, and Youngkin appeared to be trying out...

From a comment thread over at jabberwocking.com:“For a party that’s always on suicide watch according to the pollsters, Democrats sure have been winning a lot of elections these past six years.”

Scenes from the October jobs report: soft landing vs. continued slow deceleration  – by New Deal democrat  First, an editorial note: economic news is light this week, so don’t be surprised if I play hooky for a day or two. That being said, let’s take a look at the most important trends, as I see them, from Friday’s employment report. The Big Question is, are we having a proverbial “soft landing?” Or is that just an illusory phase on...

Count me among those who hope for the dawning of the driverless car age to happen soon. If I live long enough, the day will come when someone—my wife, my daughter—will extend their hand to demand the car keys. The prospect of being able to summon a driverless car to take me to the grocery store, hardware store, doctor’s office, theater, etc. is alluring. If I lived in Manhattan, I could take the bus or subway to any place I’d likely want, but public...