NYC is poised to elect a Zohran Mamdani, socialist madman. Here’s what to expect. Greatest Comeback Surprise in History A week ago, Polymarket betting odd were over 80 percent for former NY governor Andrew Cuomo and under 10 percent for Mamdani. On May 27, Cuomo was over 90 percent. But […]
The Fed’s outlook has soured vs its March forecast. “We expect a meaningful rise in inflation in the coming months,” said Powell Unemployment projection from Fed press conference. Trump will not be pleased with the Fed’s outlook. In the press conference, the Fed highlighted more concerns of tariffs on inflation […]
I soundly beat the WSJ to this story but here are some more details. Trump says businesses report losing ‘very good, long time workers.’ How about changing policy? Please consider Mass Deportation . . . Except at Hotels? How far does President Trump envision his mass deportation project going? As if […]
Do we need more stablecoins? Corporate coins could take payments activity away from banks and the traditional financial system. I am 100% O.K .with that. What Is a Stablecoin? A stablecoin is a type of cryptocurrency that is pegged to another asset, typically the U.S. dollar. Regulation will likely ensure […]
Hello Elon Musk, you are now 10 million rides behind Waymo. It’s Waymo’s World Please consider the Wall Street Journal, It’s Waymo’s World. We’re All Just Riding in It. Unless you live in one of the few cities where you can hail a ride from Waymo, which is owned by Google’s […]
With benefits, the effective wage is $38.35. This is inflationary. New Minimum Wage AI Overview Los Angeles is moving towards a $30 minimum wage for hotel and airport workers by 2028, a move supported by unions and some council members who believe it will benefit the local economy. The city […]
Free money includes Medicare, Medicaid, SNAP, Social Security, and more, discussed below. Some may object to the term “free money” but the definition of Personal Current Transfer Receipts (PCTR) is “Payments to individuals for which no current services are performed, representing a component of personal income.” I don’t want to get […]
That’s the question I was asked today. 12 Ideas. A Spending Conversation on X What Do I Propose? The short answer is fiscal discipline by Republicans and better tax code and trade policy. Currently, the inevitable Congressional result is more of this for more of that. Democrats and Republicans are […]
The delinquency rate jumped from 0.7% in the 4th quarter to 8% in the 1st quarter. Years of Forbearance Have Ended The Wall Street Journal explains How Student-Loan Crisis Will Show Up in the Economy Millions of Americans had their student-loan payments put on pause during the pandemic. Now they are […]
Even if you adore [Trump/Biden], for whatever reason, you are a big problem if you refuse to criticize clear violations of the constitution no matter who is in the White House. Trump suffers another defeat in court, as expected and deserved. Shocking Abuse of Power On April 16, NBC News […]