– by New Deal democrat The long leading indicators: on the cusp of turning negative? A “long leading indicator” is an economic metric that reliably turns a year or more before the onset of a recession. Geoffrey Moore, who for decades published the Index of Leading Indicators, and in 1993 wrote Leading Economic Indicators: New […]
I had an interesting web experience. My tweet noting that the US Treasury made a profit on TARP got a relatively large number of replies. Many people were outraged in many contradictory ways. Twitter is damaging the discussion. Trump on twitter lowered the level of debate. I am now a carrier of Twitteritis into the […]
And Extreme Pro-Corporate Lawyers and Judges to the Supreme Court and the Lower Federal Courts. Seriously. So far, the Trump transition team does not seem particularly concerned, for instance, about a transition team staffed heavily with lobbyists from energy, agriculture, transportation, and banking. “Frankly, one of the refreshing parts of it about the whole Trump […]
This post is partly inspired by “The cracks are already starting to show between Donald Trump and Republicans” by Amber Phillips at The Washington Post. My general impression is that the article mainly shows that cracks are already starting to show between Donald Trump and Donald Trump. More generally, the fact that Trump and the […]
If Kelleyanne Conway wants to see truly massive protests, she should continue to threaten Harry Reid with (il)legal action for making fact-based allegations against Trump, while herself alleging that protesters against Trump are professional protesters—that they’re being paid. She seems unaware that she’s playing with matches. But she is.
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 […]
In the wilderness, far from anyone else, a shepherd and his flock come across a den of starving wolf cubs. A couple of days earlier, the shepherd found the body of an adult female wolf. The female wolf was probably the cubs’ mama, and it looked like it had gotten killed by a bear. The small […]
by New Deal democrat Understanding American society: a few important bookmarks for a post-election Sunday I wanted to bookmark a few facts that seem very important to understand American society in November 2016. I. Econometric election models accurately forecast a very close election: Figure 1 2. The working class blames Washington over Wall Street for […]