by New Deal democrat Watching aggregate sales and payrolls Way back in the depths of the Great Recession in 2009, I used to hear a lot of comments like, “How can people buy anything, when they don’t have jobs?!?” But the truth is, as I pointed out at the time, that sales lead jobs. This […]
“The one thing you have over me is experience,” Mr. Trump said at one point. And yet it seemed clear through this last confrontation that there was a gap in knowledge, or at least in command of the material that candidates seeking to be president are expected to master. “Take a look at the Start-Up […]
I don’t think we should have justices appointed that decide what they want to hear. — Donald Trump, last night Wow. Out of the mouths of babes. Or something. I don’t think we should have justices appointed that decide what they want to hear, either. OMG. I’ve been supporting the wrong candidate! Repeal the Supreme […]
There has been a great deal of concern about the U.S. Refugee Resettlement Program. Are we letting terrorists into the United States? How much do we know about the Syrians being admitted? Is our vetting process strict enough? For more than two decades, I’ve devoted my professional life to refugee resettlement, working and collaborating with […]
After the first debate, there was some criticism of Clinton that she came off as “too prepared”—a semantic contrast to Trump’s lack of preparation—and then criticism of the criticism: How can someone be too prepared for something? The answer to that question is that what was really meant by “too prepared” was “too programmed.” That […]
by New Deal democrat The darkening skies In my Weekly Indicators column on Saturday, I noted that the data had gotten a little darker. Since I have been increasingly concerned about the direction of the economy over the next year or two, I thought I would spell out where my worry is coming from.. Let […]
In a speech to a Morgan Stanley group on April 18, 2013, WikiHillary praised the SimpsonBowles deficit reduction plan, which included reforming the tax code to increase investment and entrepreneurship and raising certain taxes and trimming some spending and entitlements to make them more sustainable. The ultimate shape of that grand bargain could take many […]
There it was. That familiar logo, the one I’d seen on so many lawn signs and bumper stickers in my (very) liberal small-city college town, and at the top of so many emails I’d received since early summer 2015. The logo with “Bernie” in sky blue, with a little star over the “I” instead of […]
Janet Yellen gave a speech where she posed 4 questions to economists in general seeking answers… The first question she asked was this… “The Influence of Demand on Aggregate Supply The first question I would like to pose concerns the distinction between aggregate supply and aggregate demand: Are there circumstances in which changes in aggregate […]
WASHINGTON — In June of 2010, four boys were playing in the dry bed of the Rio Grande that separates El Paso from Juárez, Mexico. The international borderline, unmarked, runs through the middle of the culvert. The boys dared one another to run up a concrete incline and touch the barbed wire of the American […]