Grassroots

Housing remains recessionary. Why hasn’t one happened yet?

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 – by New Deal democrat The post pandemic period has been an exception to many past relationships. This morning’s data on housing construction raises the issue as to whether housing is going to be included in those exceptions as well. That’s because the data has been classically recessionary for a number of months, and yet the […]

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The AAP childhood vaccine schedule

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Since the secretary of HHS is a vaccine denialist who cannot be trusted, the American Academy of Pediatrics has this week published its own authoritative, comprehensive, science-based vaccine schedule for children and adolescents from birth to age 18. The link provides: – the schedule for routine immunizations from birth to 18 years of age; – […]

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Robert Reich Talking Politics

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This short YouTube will eat up less than five minutes of your time. I believe Robert is mostly correct in his regard for our current president and a failed Republican party which appears to be bought, sealed, and delivered to do his bidding. The same as in the sixties and seventies, the answer to this […]

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One European Country Adapting to U.S. Tariffs

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Without a doubt, Pres. Tr__p has set up the United States for some type of retaliation in the future. Yes, Europe will adjust in some manner. Perhaps, Switzerland will move the final part of manufacturing to another country which is favored by the US. There are probably ways around this which need to be explored. […]

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Buyers Regret?

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There have been a number of stories about the ways Trump has hurt the people who supported him in November 2024 and his declining approval among two groups who moved toward him in the last election –Hispanics and young men. He does not seem to have suffered much erosion in rural populations generally despite his […]

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Alas, Cybertruck, we hardly knew ye

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A Cybertruck passed us this morning on the way back from the south shore of Rhode Island. My wife remarked that it looked like a rolling dumpster. I’ve certainly never understood the appeal. Apparently, my aesthetic is shared. “Once one of the world’s most-hyped vehicles, sales and production numbers for Tesla’s Cybertruck have fallen sharply. […]

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The muddied historical picture of PPI vs. CPI

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 – by New Deal democrat Forecasting has always been hard, and moreso since the supply chain issues of 2021-22 made reading the interest rate signals from the long leading indicators muddled. But at least the short leading indicators were intact. But now we have the additional wrench in the works in the form of a mafia-style […]

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Market Share of Economics

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“refining and focusing on what works and what doesn’t.” Sharing a commentary as taken from The one-handed economist. The market share of economics Some economists have called our discipline the “queen of the social sciences.” Although all the social sciences offer insights on human behavior, it seems that economics gets the most public attention and “market […]

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$490 billion and Counting – Medicare Cuts

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Something that few are talking about in Congress or the news, cuts to Medicare. Brendan Boyle is a House Representative (D) and the ranking member of the House Budget Committee. Boyle is saying Medicare and Medicaid are both in the mix to fund Tr__p’s BBB. Look at the date of the letter to Representative Brendan […]

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Trump Has Illegally Impounded Funds for 4th Time in Recent Weeks

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This is one of those situations which creates a “what are you going to do about it” scenario. Trump administration is violating a federal law that prevents the executive branch from holding back funds approved by Congress. In reality. what can Congress do? Any attempt by the executive branch to withhold appropriated funds outside the […]

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New DEal democrats Weekly Indicators for August 11-15

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Weekly Indicators for August 11 – 15 at Seeking Alpha  – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. This week I quantified the difference between commodity prices in the US$ vs. a basket of all other currencies. Perhaps unsurprisingly,  the upward pressure on commodity prices appears to be all, or almost […]

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Violent Crime in D.C. Hits 30 Year Low

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Be Careful What You Wish For. More stories by the Tr__p administration in an effort to distract from himself, his administration and Republicans. WASHINGTON – Total violent crime for 2024 in the District of Columbia is down 35% from 2023 and is the lowest it has been in over 30 years, according to data collected […]

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July retail sales: consumers party on, for now

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 – by New Deal democrat As per usual, retail sales are one of my favorite economic indicators, because in the past they have told us a lot about both where the economy is at present, and because consumption leads employment, so much about where the economy is likely to be in the near term future. […]

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Physician, heal thyself

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32 economists associated with the University of Chicago at some point in their careers were awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, which is often referred to as the Nobel Prize in Economics. With all that expertise, you’d assume that the University of Chicago would be a paragon of […]

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Global Plastic Pollution

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This report is coming out of Thailand as reported by the “Bangkok Post.” I like to read other news sites as they offer a different perception or perspective on what is occurring. It is obvious; plastic waste disposal is problematic. Plastic does not deteriorate readily. Many countries see it as problematic while some countries see […]

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July industrial production: meh!

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 – by New Deal democrat Industrial production is much less central to the US economic picture than it was before the “China shock,” since so much production moved overseas, meaning US consumers buy much more imported goods than they used to. Still it is an important if diminished coincident indicator. This morning’s report for July can […]

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