Relevant and even prescient commentary on news, politics and the economy.

Paul Krugman’s “Goldilocks” economy is likely to prove “transitory”

PPI and CPI preview: why Paul Krugman’s “Goldilocks” economy is likely to prove “transitory” – by New Deal democrat Sorry for the lack of posting yesterday. Every now and then, real life intrudes and, well, yesterday was one of those days. All of the economic data this week is going to be crammed into tomorrow […]

Is the “second great age of globalization” about to end?

This comes by way of New Deal Democrat who was doing some research and ran across a not so recent Krugman article via the late Economist’s View blog. Krugman’s prescient words of things to come? Hat tip to New Deal democrat and a thank you for sending this to me. “The Great Illusion” Paul Krugman, […]

Politics and the Pandemic: Why I Think Paul Krugman Is Wrong

Politics and the Pandemic: Why I Think Paul Krugman Is Wrong  Krugman has a piece in the New York Times today that offers an explanation for why Republicans oppose every measure—vaccination, masking, limits on indoor gathering—that could reverse the pandemic.  He says it’s because the Democrats support them and that Biden would take credit for reduced caseloads, […]

Paul Krugman: The cruelty of a Trump Christmas Medicaid, Work Reqmts, and Food Stamps Edition

This sets the tone in Michigan as the richest Republican controlled County of Livingston continues its attack on women along with the State of Michigan House and Senate using a petition to pass a veto-proof law limiting abortion without putting it forward on a ballot initiative. A tyranny of a minority imposing its will upon […]

The Democratic Establishment Thinks the Lesson of This Election Is That the Way For Democrats to Win Over White Voters In the Industrial Midwest Is to Switch Sides in the Culture Wars. I Guess. [Updated.]

The race to be the next head of the Democratic National Committee has quickly turned into a proxy fight between liberals and establishment types about where the party needs to go in the wake of Hillary Clinton’s stunning loss at the hands of Donald Trump on Tuesday. Liberals are insistent that Clinton’s defeat was the result of […]

Hey, Midwestern and Rust Belt Blue-Collar Voters: How’s THIS Workin’ Out for Ya So Far?

UPDATE: LOL. ____ President-­elect Donald J. Trump, who campaigned against the corrupt power of special interests, is filling his transition team with some of the very sort of people who he has complained have too much clout in Washington: corporate consultants and lobbyists. Jeffrey Eisenach, a consultant who has worked for years on behalf of […]

Several thoughts about Paul Krugman’s NYT column today – UPDATED regarding the Fourth Amendment issue, and (separately) the suddenly real possibility that Putin had the emails planted on Weiner’s laptop

Paul Krugman’s column today titled “Working the Refs,” which I linked to this morning in this post, is absolutely wonderful for its account of the breadth of what amounts to largely successful attempts at movement-rightwing takeover of so very much of American public life—journalism reportage and editing methodology, political punditry, decisonmaking by college and university […]