Tag Archives: US EConomics

When I start to get comments and questions from some of the more expert authorities on healthcare such as Merrill Gooz, Andrew Sprung, Steve Early (Suzanne Gordon), and Kip Sullivan; I start to feel pretty good about some of my commentaries or comments. This last go around on Gooz News in the comments section, we were talking about “Fee For Service” Medicare and “Medicare Advantage” plans. The one issue I am experiencing is a 67% increase in the...

November 15, 2023 . . . Representative Chip Roy (R-TX) scolding his colleagues: “One thing. I want my Republican colleagues to give me one thing. One. That I can go campaign on and say we did. One! Anybody sitting in the complex, if you want to come down to the floor and come explain to me, one material, meaningful, significant thing the Republican majority has done besides, ‘Well, I guess it’s not as bad as the Democrats.’”  In contrast,...

If you have been following NDd, you will note one of the biggest issues with the economy is supply chain. Most notably shortages of raw material, components, and finished products. Similar occurred in 2008 and my own belief is this is a recurrence of similar. I believe much of this could have been prevented. Beyongd that remark, I will let NDd tell you how falling costs impacts the economy. Real retail sales consistent with continued slow growth,...

House politics today as most Repubs and Dems support the House funding bill. Democrat Jake Auchincloss of Massachusetts and Mike Quigley of Illinois voted against the passage of the House Speaker Mike Johnson’s stopgap funding bill to avert a government shutdown. With the two Dems, Ninety-three Republicans voted against it also. The bill passed. A similar bill as what former House Speaker Kevin McCarthy supported. The Democratic House leadership,...

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...

I was following the links in Dale’s latest commentary on Social Security and clicked in to see what Dale was discussing in his commentary. I was able to web capture the chart (below) which I believe accurately depicts what Dale is writing about in his commentary. The chart is a depiction of a one tenth of one percent increase yearly for the employer and the employee. There are other solutions to the short fall of Social Security funding. As...

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...

What happens to employment when the minimum wage is increased? USAFacts Open thread and QOTD, Angry Bear, Joel Eissenberg, November 8

Increasing Numbers of Underage Children Employed A large portion of this post is taken from “The Unjust Cost of Child Labor,” Roosevelt Institute, as written by Alí R. Bustamante. I have added additional information from what I know and have read from current events. The Child Labor Statistics JPeg is taken from “Child Labor Violations on the Rise Amid State Efforts to Ease Laws” | Best States | U.S. News, Chris Gilligan. Oher parts of this...

Dale Coberly discussing the latest news on Social Security. SOCIAL SECURITY, A BREAKTHROUGH? Dale Coberly For years I have been trying to inform people that the great big, huge horrible “Looming Trillion Dollar Unfunded Deficit” in Social Security could be fixed forever with a one tenth of one percent increase in the Social Security tax whenever the Trustees projected “short range financial inadequacy. This would amount to about a dollar per...