– by New Deal democrat The Bonddad Blog The bifurcation of the new vs. existing home markets continued in March, per the report on existing home sales and prices yesterday. Remember that, unlike existing homeowners, house builders can vary square footage, amenities, lot sizes, and offer price and/or mortgage incentives to counteract the effect of […]

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by Katherine Bindley Wall Street Journal AB: I have a partial subscription to WSJ which I keep on forgetting. This article popped up. I agree with the author, the LED Headlights are too bright. Not only are these my thoughts. Mechanical Engineer Victor Morgan, in South Carolina has a light meter on his dashboard. He […]

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Debra A. Pinals The Pew Charitable Trusts It has been a while since I talked about prisons. I have been in each level, up to a level 4 as a visitor. Spend hours talking to a prisoner. Eight hours out and 16 locked down at that level. They remain in their seats and you go […]

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 – by New Deal democrat The Bonddad Blog For the last 8 months, initial and continuing claims have been remarkably consistent. Initial claims have varied between 194,000 and 228,000, and continuing claims have with the exception of three weeks right at the new year varied between 1.787 million and 1.829 million. That rangebound trend continued […]

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Atlanta USPS Regional Processing and Distribution Centers crashes on launch by Steve Hutkins Save the Post Office This is a long post. It is the only way Steve can get it across the issues created by Louis Dejoy’s incompetence. Look out 2024 Presidential Elections. We will have a battle on our hands. Think of SCOTUS. […]

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SWI swissinfo.ch Switzerland exceeded its voluntary gas savings target this winter. Compared to average consumption between 2017 and 2022, the target was to reduce gas consumption by 15%. However, according to provisional government figures, it was 23% less. ______________________________________________ Keystone-SDA The target was 3,997 gigawatt hours (GWh) of gas savings, regardless of the weather, over […]

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‘Tears me up’ Wesley Stenzel Kareem Abdul-Jabbar It was either talk about the dumb-ass state of Arizona where I now live. Or Kareem talking about why Dwayne he is not endorsing Joe Biden again. SUMMARY: Dwayne Johnson endorsed Joe Biden during his 2020 election campaign — but now he says he regrets that decision, and won’t be making political […]

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Ancient lone elm the Last Ent is ‘guardian’ to new trees, msn.com/BBC This kind of kool and interesting. An ancient lone wych elm whose remote Highland location has protected it from Dutch elm disease has been joined by dozens of seedlings for the first time in hundreds of years. The elm – dubbed the Last […]

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 – by New Deal democrat The Bonddad Blog Industrial production, one of the premier series the NBER has historically used to declare recessions vs. expansions, has faded in importance since China was admitted to regular trading status in 1999. As you can see in the first graph below, both total and manufacturing production peaked in […]

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by Clare Pastore The Conversation A small city in Oregon with one homeless shelter is enforcing a local anti-camping law. Enforcing it against people sleeping in public using a blanket or any other rudimentary protection against the weather. Enforcing it even if there was nowhere else to go. By taking up City of Grants Pass v. Johnson, […]

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 – by New Deal democrat The Bonddad Blog There was a big decline in housing starts last month, and a smaller but significant decline in permits. Whether that signifies a change in trend or just noise is the issue. I lean towards the latter. To wit, in reaction to both January and Februarys’ housing construction report […]

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Most students who attend medical school in the US do so with student loans. Yes, some have military scholarships and some have wealthy parents, but most don’t. I’m guessing that most students reckon they’ll easily pay off the loans with the income that an MD or DO degree commands, and so far, they’ll be right. […]

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Suzanne Blake Newsweek Nothing unique here. Just another Texas screwup while trying to eliminate people from state and federal programs. The problem being they mistakenly injure the innocents. No problem though, it happens in other states or so Texans claim. Hundreds of Texas seniors lost their Medicare benefits after Texas Health and Human Services made an error in the […]

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by Steve Roth Wealth Economics Matthew Klein and Joey Politano have been singularly responsible in their discussions of “excess saving” in the covid era — not least by always putting that term in “so-called” quotes. It’s saving in excess of what would have happened if pre-covid linear trends had continued (with the trend based on some chosen range of preceding quarters or years). […]

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 – by New Deal democrat The Bonddad Blog As per usual, real retail sales is one of my favorite indicators, because it gives so much information about the consumer, and since consumption leads employment, it helps forecast the trend in the latter as well. And the news this morning was good, as nominally retail sales […]

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I’m an investor, not a gambler, so I don’t own cryptocurrency, NFTs or shares in “Truth” Social. So the news that investors in DJT are being taken to the cleaners doesn’t faze me. “Shares of Trump Media plunged more than 15% on Monday after the company filed to issue millions of additional shares of stock. […]

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OK, Tesla isn’t Bitcoin and it isn’t Trump’s Pravda Social, but: “Tesla announced to Gigafactory Texas employees that it will shorten Cybertruck production shift amid rumors that it is preparing a round of layoffs. “We received several reports today from Tesla employees hearing rumors of an important round of layoffs happening this week at the […]

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George Stephanopoulos asked New Hampshire governor Chris Sununu  by Prof. Heather Cox Richardson Letters from an American This Week, host George Stephanopoulos, “Just to sum up,” “You support [Trump] for president even if he’s convicted in [the] classified documents [case]. You support him for president even though you believe he contributed to an insurrection. You […]

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Medicaid Renewals Of the people retaining Medicaid Coverage as of April 11, 2024 . . . Fifty-nine percent were renewed on an ex parte basis while 41% were renewed through a renewal form, though rates varied by state. Federal rules require states to first try to complete administrative (or “ex parte”) renewals by verifying ongoing eligibility […]

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by KFF Pulled together data from KFF to get an idea of what is happening with US healthcare. Big issue is people do not know. Another issue is state’s resistance to enrolling people. Hope this helps . . . Recent data on monthly Medicaid disenrollments, renewals, overall enrollment and other key indicators. Figure 1 above […]

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