a Better Bubble™

Kevin Drum 🕸

PCE inflation remains under 2% in July

1 week 1 day ago
PCE inflation remained subdued this month, with both core and headline numbers right around 2%: On a conventional year-over-year basis, headline PCE clocked in at 2.5% and core PCE at 2.6%.
Kevin Drum

Just stop it. It wasn’t “Biden’s inflation.”

1 week 1 day ago
I caught a few minutes of the commentary after CNN's broadcast of the Kamala Harris interview and got annoyed all over again by Scott Jennings blathering about "Biden's inflation." I realize that I'm going to convince approximately no one, but it wasn't Biden's inflation. It was Trump's inflation. Our recent surge in prices was not ...continue reading "Just stop it. It wasn’t “Biden’s inflation.”"
Kevin Drum

Maybe Kamala Harris is actually ahead in swing states

1 week 1 day ago
Here's another poll of swing states, this time from Bloomberg/Morning Consult: This is even more optimistic than this morning's Emerson College poll, though note that the margin of error is about 4% in each state. NOTE: We're close enough to the election that from now on I'll be reporting the results of likely voters whenever ...continue reading "Maybe Kamala Harris is actually ahead in swing states"
Kevin Drum

Lunchtime Photo

1 week 2 days ago
This is a Joshua tree lit by the setting sun at Joshua Tree National Park. I have to confess that Joshua trees don't do much for me, and I've never been entirely clear on why a thousand square miles of scrub and Joshua trees became a national park. But I'm sure it has a unique ...continue reading "Lunchtime Photo"
Kevin Drum

Army: Trump knew the rules at Arlington and broke them anyway

1 week 2 days ago
The Army has finally released a statement about Donald Trump's vulgar and illegal behavior on Monday at Arlington National Cemetery: New: The Army is now rebuking Trump campaign staff over the Arlington National Cemetery incident. "Participants in the August 26th ceremony and the subsequent Section 60 visit were made aware of federal laws, Army regulations ...continue reading "Army: Trump knew the rules at Arlington and broke them anyway"
Kevin Drum

Lunchtime Photo

1 week 3 days ago
This is a snow leopard waking up from a nap at the LA Zoo. It's a very impressive yawn.
Kevin Drum

Marriage and kids just aren’t that important anymore

1 week 3 days ago
This is just a single poll and doesn't show what the trend is, but it's interesting nonetheless: Nearly all Americans believe that financial goals—money, retirement, homeownership—are essential to the American Dream. But only about 60% say the same about marriage and kids. I don't know how that compares to the past, but I'll bet it's ...continue reading "Marriage and kids just aren’t that important anymore"
Kevin Drum

Housekeeping finished!

1 week 3 days ago
That turned out to be pretty easy. The blog has been migrated to a new host and all the DNS pointers have successfully propagated. Performance should be much better now. If you notice any bugs, let me know.
Kevin Drum

Trump plan blows up the debt, gives most money to the rich

1 week 3 days ago
This kind of wonky analysis seems even more pointless than usual this year, but just for the record here's an estimate from the Penn Wharton Budget Model of how much each candidate's economic proposals will affect the national debt: Trump's proposals blow up the debt by 5x more than Harris's. Here's how they affect income: ...continue reading "Trump plan blows up the debt, gives most money to the rich"
Kevin Drum

Housekeeping note

1 week 3 days ago
I've finally had enough of my site's sluggish performance, so today I switched hosting services. In theory, the migration should be pain free, but I guess we'll see. I'm just letting everyone know so that in case something goes wrong you know why. Don't worry: we'll be working to fix it. Now cross your fingers.
Kevin Drum

Kamala and the press

1 week 4 days ago
I know this is a Trump talking point, but honestly, Kamala Harris really needs to sit down for some interviews with the press. It's something we should expect from any presidential candidate. I've cut her some slack because she became a candidate only a few weeks ago. But she's been vice president for more than ...continue reading "Kamala and the press"
Kevin Drum