“. . . applying tariffs means that we are insisting now on paying more for the things that we used to get for less. It’s like going to the grocery store with reverse coupons and insisting that, because you are mad that you have to pay money for things, you will now insist on paying […]

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“Cities Where People Overspend the Most on Cars (2026)”, Adam McCann, WalletHub Financial Writer American auto loan debt is totaling to over $1.7 trillion. The personal-finance company WalletHub today released its report on the Cities Where People Overspend the Most on Cars in 2026 in order to see where people are taking on the most auto loan debt […]

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Now in my mind’s eye I see the beltway, which surrounds the area [where Trump cut down the cherry trees] as the rim of a giant toilet which is constantly swirling with nothing more than a bunch of crap and a number of gilded turds (pardon my “french”) swallowing up all that is good in […]

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 – by New Deal democrat Weekly Indicators: 2-Year Minus Funds Spread Suggests Fed Is Behind The Curve Seeking Alpha. The big story continues to be the upward move in Treasurys. The spread that became most salient this week is the very wide 0.73% spread between the 2-year note and the Fed funds rate. In the past […]

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Pulled a partial from USNI News and a commentary by Paul Krugman. I do not believe we can look any worse off than what Tr__p has done with the United States. Read on . . . “There are reports of more ships making it through the Strait of Hormuz August. 28, 2026. Transits through the […]

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Well, not really funny. More like sad

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– by New Deal democrat The Quarterly Census of Employment and Wages (QCEW) is “the gold standard” of US employment measures. It is an actual census of 95%+ of all employers, who must report new employees for purposes like unemployment and disability benefits. Because of this, it is used for the final revisions, a/k/a benchmarks, for […]

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Tr__p can’t play nicely in the international market school yard. If he can not have his way, he imposes threats on the victim and threatens to take his marbles and go home from the school yard. US – Canada trade history in Six, Four, nope . . . Five charts as Taken from USA Facts […]

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– by New Deal democrat There was more evidence yesterday that, far from sliding into recession, this year we came our of last autumn’s “mini-recession” and are in an inflationary expansion now. Both metrics have to do with durable goods. In general, durable goods are the second items to turn down or up after housing. They […]

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Regurgitating much of what is in the August BLS New Release as reported by the St. Louis Fed. Briefly: Several factors have impacted the lowering of the Participation Rate. None of which was the result of workers leaving the market. Briefly, 43% of the decrease was the result a large population-control revision. Changes in the […]

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I just finished reading “G-man,” Beverly Gage’s Pulizer-winning biography of J. Edgar Hoover. During his lifetime, Hoover became synonymous with the FBI, the agency he founded, developed and controlled until his death. In the beginning, Hoover conceived of the FBI as a purely investigative agency, apolitical and devoted to the most up-to-date technologies of crime-solving […]

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– by New Deal democrat Let’s take our usual weekly look at jobless claims. Why do I always do this? Because they are a very good and very timely short leading indicator with nearly a 60 year history; particularly when paired with YoY stock prices as my “quick and dirty” economic forecast. To the numbers: last […]

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What happens when you know the direction you are going in will cause harm? And there is nothing you can do about it except hang on and hope it ends soon. What is it? Two years and Tr__p is brings the nation and the population to its knees. Where is Congress in all of this? […]

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What’s going on? In short, over the last couple of weeks Republicans and Donald Trump have decided they’re losing this election. It’s not clear to me that anything has actually changed — except to the extent that for the party on the ropes “nothing changing” becomes a bigger problem the closer you get to Election […]

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I just finished reviewing commentaries by Dean Baker, Jared Berstein, and Paul Krugman. As I read Robert Reich, I come to a conclusion after reading all four (including Robert Reich) that they are making similar comments about the economy and the struggle within the population. Each of these knowledgeable people are talking about various aspects […]

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When I was in college, I competed in a peanut eating contest: how many peanuts could someone eat in one minute. For a short time, I held the record by simply eating whole peanuts without removing the shells. Eventually, someone else won by the same trick. Years later, I learned that this is a bad […]

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