At Home vs Eating Out, What Happened to Food Prices this Month?
Tyler Mitchell Depending on where you eat, prices were up or down in April. Month-Over-Month CPI Food Categories, data from…
At Least 20 Republicans Don’t Trust Speaker Johnson on the Budget
Why should any of them? Contending with Mistrust on the Budget The Wall Street Journal reports Mike Johnson…
Almost Half of New York City Is on Medicaid, So Is 40 Percent of California
Bill Clinton promised to “end welfare as we know it.” What happened? Welfare As We Knew It The…
CPI Better than Expected Thanks to a Drop in the Price of Food
The CPI rose 0.2 percent vs. the consensus estimate of 0.3 percent. The good news stops there. CPI…
The Year-Over-Year CPI Is Likely Headed Higher for Several Months
Looking ahead, year-over-year comparisons are very difficult. That’s on top of tariffs. CPI year-over-year data from the BLS,…
Under What Circumstances Might the US Dollar and the Yuan Both Crash?
Relative to each other, they can’t. But relative to something else, they easily can. A reader asked me…
US and China Slash Tariffs for 90 Days with More Planned Talks
The stock market is giddy on a tariff reprieve, but what’s really changed? A 90-Day Walk Back The…
Fed Rate Cut Odds Plunge on Trump-China Tariff Walk Backs
There is now only an 11% chance of a cut in June and 43% in July. Time for…
The “One Big Beautiful Bill” Will Continue Spending at Biden’s Level
The bill is certainly big, but it’s damn ugly. Republicans Surrender Please note The GOP Surrenders on Medicaid…
Budget and Deficit Common Sense from Rand Paul Gets Him Labeled a RINO
If you are looking for a RINO, look at Trump. Lawmakers Debate Spending Cuts Rand Paul Video Link:…