No ‘Blue Wave’ But Democrats Retake House

The 2018 midterms were mostly about Donald Trump. The results were idiosyncratic.

Republicans Worry That Trump’s Inflammatory Rhetoric Will Backfire

National Republicans are worried that the President’s concentration on hot-button issues could end up backfiring. They should be.

Trump Ignores “It’s The Economy, Stupid,” In Favor Of Stoking Culture War Fires

Despite the relatively strong economy, President Trump and many other Republicans are relying on the politics of fear to drive voter turnout on Tuesday.

October Delivers A Solid Jobs Report

Jobs Growth in October exceeded expectations, as did wage growth. It’s unclear, though, how long these numbers can be sustained.

G.D.P. Growth In Third Quarter Was Healthy, But Many Caveats Remain

The economy appears to have grown strongly in the third quarter, but concerns about long-term growth remain.

Cesar Sayoc, 56, Arrested And Charged In Connection With Political Bombing Attempts

Authorities have arrested a Florida man named Cesar Sayoc, a 56-year-old Trump supporter, in connection with the wave of bombing attempts directed at critics of the President.

Federal Budget Deficit Heads Back Up Under Republican Rule

Nearly two years into Republican control of Washington, the budget deficit is headed back up.

Jobs Report Disappoints, U-3 Unemployment Number At Lowest Point Since 1969

September jobs growth fell short of expectations even as the top-line unemployment rate reached a point unseen since 1969.

Trump Slams Another $200 Billion In Ill-Advised Tariffs On Chinese Goods

As expected, President Trump announced a new round of tariffs against Chinese goods yesterday, and China quickly retaliated.

August Jobs Report Slightly Stronger Than Expected

Jobs growth in August was slightly better than expected, but still nothing overly impressive.

The Trump Administration and Legal Immigration

The target is not just on illegal immigrants.

Violating Yet Another Norm, Trump Attacks The Federal Reserve

Donald Trump is now attacking his own appointee to head the Federal Reserve Board.

Trump Reimposes Sanctions On Iran Previously Lifted Pursuant To Nuclear Deal

The Trump Administration has taken the latest step in a process that began in May with the withdrawal from the JCPOA. Where it takes us is anybody’s guess, but the probability of something going wrong is quite high.

July Jobs Creation Falls Short Of Expectations, Wage Growth Remains Stagnant

Jobs growth fell short of expectations in July but was still relatively decent. Wage growth, however, remains stubbornly stagnant.

About that 4.1% GDP Growth….

The recent report of 4.1% GDP growth over the previous quarter is indeed welcome news. However, taking a look at the data both recent and in the past and there are some reasons to be concerned about GDP growth in general.

Trump’s Master Plan for Tariffs

I have heard Trump supporters offer the following rationale for Trump’s tarris, “It is a bargaining strategy.” Then they sit back and smirk, and tell me, “Trump really wants zero tariffs, but to get these other countries to come to the table he has to get their attention. And once he has softened them up, they’ll be willing to reduce their tariffs.”

Trump’s Tariffs Set to Destroy More Jobs than The Tax Cut Will Create.

Trump’s trade war will claw back 25% of the growth in GDP, slightly more than 20% of the wage growth and more than wipe out all the jobs his tax cuts would provide.

Initial Estimate Shows Economy Grew 4.1% In Second Quarter

The economy grew at an exceptionally strong pace according to the first estimate of GDP growth, but several caveats remain.

June Jobs Growth Slightly Above Expectations, But Not Spectacular

Total nonfarm payroll employment increased by 213,000 in June and the unemployment rate rose to 4.0 percent.

Trump Wants GOP To Make His Immigration Policies The Center Of The 2018 Campaign

Donald Trump wants Republicans to make his immigration policies the centerpiece of the midterm campaign. What could possibly go wrong?

Trump’s Trade Policies Have Nothing To Do With Economics Or Reality

Donald Trump’s approach to international trade has nothing to with economics and everything to do with politics and the culture war he loves to provoke.

In Narrow Ruling, Supreme Court Sides With Baker In Same-Sex Wedding Discrimination Case

In an exceedingly narrow ruling, the Supreme Court sided with a Colorado baker who refused to bake a cake for a same-sex wedding reception. However, the ruling did not address the broader issues raised by the case.

Republicans Growing Confident Of Holding The Senate

Republicans are at least a bit more confident that they’ll hold on to the Senate this year.

Trump Violates Yet Another Norm, And Possibly The Law

The President teased the Jobs Report an hour before it was officially released. This was both a violation of Federal law, and yet another example of this President violating long-established norms governing how politicians are supposed to act.

May Jobs Report Better Than Expected, But Still Not Great

May’s jobs report was stronger than the previous two months, but not entirely great.

Donald Trump’s Deplorable Memorial Day Tweet

Donald Trump chose to mark Memorial Day by talking about himself.

Federal Reserve Not Worried About Economy Overheating

The Federal Reserve sees the economy staying relatively the same for the foreseeable future, which is both a good and bad thing.

Nicolás Maduro “Elected” To Second Term As President Of Venezuela

In an election that pretty much everyone agrees was illegitimate, Nicolás Maduro has won a second term as Venezuela’s President.

Jobs Growth Falls Below Expectations In April While Wages Remain Stagnant

The unemployment rate hit a point unseen since Bill Clinton was President in April, but jobs and wage growth remain tepid at best.

March Jobs Report Falls Short Of Expectations

March’s Jobs Report fell far short of expectations.

Is Trump not that Bad?

It is a fair question. But judging the Trump administration on tax cuts, Gorsuch, and the DJIA is to ignore a lot of profound problems.

A Booming Jobs Market For February

A better than expected jobs report for February, but wage growth slowed for the month.

US Capitol Rotunda US Capitol Rotunda

Senate Reaches Budget Deal That Busts Budget Caps And Massively Increases Spending

Congress seems likely to pass a budget deal today that will massively increase spending, putting to rest once and for all the rank hypocrisy of Republicans when it comes to claims that they are “fiscally conservative.”

Live By The Markets, Die By The Markets

Donald Trump spent much of the past year touting the rising stock market, now he’s getting a lesson in reality.

A Positive January For Jobs Growth And Wages

The first jobs report for 2018 beat expectation slightly, but the most positive signs came in the underlying data on wages.

After A Year Of Unparalleled Divisiveness, Trump Tries To Sell Unity At State Of The Union

The President talked about national unity last night, but given his own rhetoric as a candidate and as a President, it’s a call that seems to be hypocritical.

Many South Koreans Not So Thrilled With The Idea Of A Unified Korea

The recent cooling of relations between North and South Korea has led to some talk of eventual reunification, but for many South Koreans that idea is a non-starter.

What Trump Economic Boom?

President Trump and his supporters like to claim that the economy has been booming since he became President. A look at the numbers reveals that this is not the case.

One Year Later, Trump’s Job Approval At Historic Lows

One year after his Inauguration, Donald Trump is the most unpopular new President since the invention of modern polling. However, his numbers are generally the same that they’ve been for some time now.

December Jobs Report Falls Short Of Expectations

Contrary to expectations, jobs growth in December was relatively modest.

November’s Jobs Report Is Strong, But There Are Caveats

November’s Jobs Report was stronger than expected, but there are several caveats to keep in mind.

John Anderson, Independent Candidate For President in 1980, Dies At 95

Most Americans are unlikely to remember John Anderson, but he was a harbinger of things to come.

green road signs intersection church st and state st green road signs intersection church st and state st

Supreme Court Hears Arguments In Case Pitting First Amendment Rights Against LGBT Rights

The Supreme Court held oral argument in a case that pits First Amendment rights against the rights of LGBT Americans.

Mugabe Removed As Head Of Zimbabwe’s Ruling Party, Threatened With Impeachment

After more than thirty years in power, Robert Mugabe is on his way out in Zimbabwe, but that doesn’t mean things will improve.

Trump Lies 1,628 Times. The Truth Dies.

Since taking office, President Trump has made an average of 5.5 false claims per day.

Jobs Growth Bounces Back From Hurricane-Related Losses

The Jobs Market bounces back in October, but the numbers are far from impressive.

Trump Nominates Jerome Powell To Head Federal Reserve Board

President Trump has selected Jerome Powell, a member of the Federal Reserve’s Board of Governors, to replace Janet Yellen as Chairman.

US Capitol Rotunda US Capitol Rotunda

Trump’s Job Approval Hits New Lows In Two New Polls

More bad polling news for President Trump.

Job Creation Declines In September In Report Likely Impacted By Hurricanes

A very weak jobs report thanks mostly to the impact of two Category 5 hurricanes.

The Vast Majority Of Americans Don’t Own A Gun

Some interesting statistics.