– by New Deal democrat Part 1 The decline in prime age labor force participation: the smoking gun (part 2 of 2); comparing June Cleaver and Roseanne Conner I recently wrote about the compelling evidence that the biggest reason for the decline in the prime working age labor participation rate was the “child care cost […]

Marco Rubio spoke today to a large group of Iowa Republican activists and urged them to “turn the page on outdated leaders of both parties“. They agreed to do that, and started chanting “Feel the Bern.” Returning to 1920s economic and social policies—which, point by point by point, actually is what he wants to do—is indated […]

A fat cat is not in good shape. And feeding it more, will not give it energy to be more athletic. Greenspan said… “in assessing real rates [of interest], the central issue is their relationship to an equilibrium interest rate, specifically the real rate level that, if maintained, would keep the economy at its production […]