Fake Boom No Match For the Calendar
The manufacturing renaissance at the base of this supposed US economic is disappearing. It is unsurprising, quite predictable actually. First, there was the cleanup from last year’s major storms and then frontrunning potential trade restrictions. [...]
2019 Medicare Costs Released
If you’re a Medicare recipient and you’ve been holding your breath to see what you’ll have to pay for Medicare in 2019, the wait is over—and it’s good news. The Center for Medicare and Medicaid [...]
No Such Thing As An 80% Boom
Many attribute the saying “a rising tide lifts all boats” to President John Kennedy. He may have been the man who brought it into the mainstream but as his former speechwriter Ted Sorenson long ago [...]
No Additional Comment Required
I'll just repost what I wrote about a week after the "technical adjustment" in June. How bereft of ideas might they have to be to fall back on IOER? It’s scandalous, really. But the Federal Reserve [...]
What’s Really Behind the Gathering Slump
The housing slump accelerated in September. Matching the poor performance of resales, sales of newly constructed houses tumbled last month, too. According to the Census Bureau, there were 41k (unadjusted) single-family units sold. That’s down [...]
The Last Holdout
True to form, whoever holds the government it is for them the best economy ever. It doesn’t matter political parties or otherwise affiliations. The rhetoric has become so unhinged that in the US former President [...]
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