Grassroots

The mini-recession of 2025 vs. the AI wealth effect inflationary expansion of 2026

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– by New Deal democrat No significant economic news today, so let’s take the proverbial “35,000 foot” look at the US economy in the past two years. One of the things I have gone back and forth on over that time is whether there was a “mini-recession” late last year. As of the lastest revised data, […]

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“They say that voting should be by household and that women must defer to men”

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The author is not revealing 20th century ideology in this commentary. Professor Heather is revealing a comment made by a Christian nationalists’ organization and individuals recently. This is like taking the Wayback Machine to view an important event. Except it is happening now. There are some people clamoring for a return of blocking women from […]

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Michigan’s livelihood

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Kind of slower these days for now anyways. I spent six days in the hospital. First a walkabout to see what was wrong. I have been eating oats plus other things for a long while. My cholesterol is low and I am active. Turned out I needed one artery cleaned out and one stent. May […]

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Quote of the day

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Democracy is not an easy form of government. It has none of the certainties of the various forms of tyranny. It demands that the governed as well as the governing make compromises, learn to to listen, and sometimes resist impulses. The champions of democracy are not the people who cling to power in its name, […]

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If the Disease Doesn’t Kill You, Listening to RFK Jr. Just Might

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Kareem takes on the Head of the U.S. Department of Health and Human Services, Robert Kennedy. Excellent comparison to Woody Allen in “Sleeper.” I do not see what we can do about ditching Robert and getting someone more competent. When Tr__p leaves and we get a competent president, I am sure Robert will be leaving […]

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The neutral trend in the most reliable long leading indicators in housing continues

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 – by New Deal democrat Let me start out this post with my updated overall conception of the long leading indicators. To begin with, most of them are financial — generally speaking, “the cost of money.” That applies to bond interest rates, the yield curve, real money supply, and bank lending. Recently, I’ve also indicated […]

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Digital Dick Tracey or Fearless Fosdick?

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There’s a lot of controversy surrounding Flock cameras. The cops say they help catch crooks. The civil libertarians say big brother is watching you. Some camera operators are using them to spy on girlfriends. Turns out that retail stores have been using them to reduce “shrinkage,” aka shoplifting. But digital surveillance comes at a price. […]

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Trump and the military:  chickens, roost

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Foreign policy has always been the area in which Trump was likely to do the most damage to America and the world.  In 2024, it was clear from his first term that, if re-elected, he would undermine our alliances and violate our treaty commitments.  This would embolden our adversaries, reduce our influence with our friends, […]

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Quote of the day

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President Trump won’t even be straight with the country about how he’s running out of weapons – when his war has depleted well upwards of 90% of certain crucial munitions, as Zeteo has learned. When reporters have dug in on this topic, he’s huffily accused them of “treason,” and pledged that those responsible for leaking […]

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Inflation and Corporate Bond Spreads

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Of inflation and corporate bond spreads  – by New Deal democrat Over the weekend, in response to my “Weekly Indicators” post, a commenter wanted to know why I was concerned about inflation. After all, hadn’t core CPI just tied its post pandemic low? And it is true: core inflation (blue), at 2.5% YoY, is equal to […]

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Putin is doing it wrong

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“President Donald Trump has declared the Strait of Hormuz as US territory in a new post on Truth Social. “Sharing a bizarre map of the region with a large blue circle over Hormuz, the picture declared the vital shipping route as “US territory”.” Putin just needs to grab a map, draw a circle around Ukraine […]

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Social Security Faces a Political Crisis – Some Thoughts

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In June of this year, Prof. Paul Krugman had an article on his site (which I subscribe to) “Social Security is Facing a Political Crisis.” What I like about the title is, he gets it right. Social Security is facing a political issue rather than an economic issue. Yes, I agree the problem is similar […]

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What About Medicare . . .

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“Polling & Research Needs About Medicare,” J.P. McJefferson Thoughts A recent article and discussion on Medicare For All on Angry Bear, prompted my curiosity on this subject. See: “‘Monetizing Medicare for All,’ Angry Bear, J.P. McJefferson” The political debate over Medicare for All has been going on for years. Proposals to expand Medicare to everyone, lower […]

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Better living through chemistry?

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Whisky Pete Hegseth is bleating about testosterone testing and supplementation for US servicemen. He seems to believe that testosterone augmentation means a more effective military in the age of missiles and drones. But is testosterone doping an unalloyed good? “This is what we’re seeing in clinic,” she says. “Men will come to see us with […]

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“Criminals in Control” Robert’s Complaint

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A bit of Robert Reich for you today. Not economics. Robert complains about Tr__p’s appointments to his administration. His being Tr__p’s . . . just in case you are confused. I do not blame him for the complaint. Far better people exist that Tr__p could put in office. But as we know, Tr__p is looking […]

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Oil Logistics Information

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Snipetsof information from two sources sites which may bring you up to date on status. The news is confusing with Tr__p saying one think and every source elsewhere saying something else and or different. I would not dependent upon our administrational information. Much is either embellished or wrong (call it what you will). If you […]

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Admiral of the Fleet T—-p, meet Admiral of the Fleet Wilhelm II

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 – by New Deal democrat You probably recall that a number of months ago T—-p decided that, Pearl Harbor notwithstanding, it was time to bring back battleships in a new class not coincidentally to be named after himself. Now this weekend we have been treated to the news that T—-p had decided he is an expert […]

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In July, the existing home market remained in its suboptimal equilibrium

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 – by New Deal democrat I wrote last month in my summary of that existing home sales report: “The housing market has reached a new, suboptimal equilibrium in sales, construction, prices, and inventory. Until some new positive or negative shock occurs (like a surprise new Fed hiking regimen), expect little change in this important leading sector of […]

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Strait talk

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Trump recently claimed that he would make the Strait of Hormuz American territory. Claiming sovereignty over someplace means more that just writing your name on a map with a sharpie. “Western powers have attempted to control the Strait of Hormuz before. Basically, however, they only held it at Iranian sufferance. When, as in 1622, the […]

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