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

Asking The Man in the Street: Research v. Rhetoric

Richard Layard, How to Beat Unemployment, 1986: “If you ask the man in the street (not Wall Street) what has caused our unemployment, nine times out of ten he will say that it is machines displacing people. In fact for this reason he is often deeply pessimistic about whether we could ever have full employment […]

BCRA CBO Score

WASHINGTON (AP) — Congressional Budget Office sees 22 million more uninsured by 2026 under Senate health bill. Toher Spiro appears to be snipping and tweeting the key bits of the CBO report Premiums for a 64-year old with middle income go from $6,800 under ACA to $20,500 under BCRA Deductibles for plans eligible for tax […]

Gay Pride Around the World

We begin in the US: …the Dyke March Collective also ejected three people carrying Jewish Pride flags (a rainbow flag with a Star of David in the center). According to one of those individuals—A Wider Bridge Midwest Manager Laurel Grauer—she and her friends were approached a number of times in the park because they were […]

Welfare Reform Kills ?

This is an update of this post in which I expressed immense confidence that welfare reform killed people in Florida . The post is based on https://www.ncbi.nlm.nih.gov/pubmed/23733981 Muennig P1, Rosen Z, Wilde ET. (2013) “Welfare programs that target workforce participation may negatively affect mortality.” Abstract During the 1990s reforms to the US welfare system introduced […]

Did Conway Con Herself

This is remarkable even for the Trump administration. Kellyanne Conway claimed that the Medicaid slashing BCRA proposed by the gang of 13 doesn’t include “cuts to Medicaid”. The Trump administration position appears to be that Trump could sign it in to law and keep his promise to protect Medicaid from cuts. Wow. I am not […]

“If There Is Any Such Thing”: Why read Hoxie on theory?

Unionists are not theorists; unionism is an eminently practical thing. — Robert F. Hoxie  Theory and trade unionism are almost contradictory terms. — Edward M. Arnos   In accordance with this theory it is held that there is a certain fixed amount of work to be done… David F. Schloss Paul Samuelson once wrote that […]

Saudi Succession Shuffle

Saudi Succession Shuffle A not unexpected event has just been announced: 31-year old Prince Muhammed bin Salman bin Abdulaziz al-Sa’ud has been elevated from Deputy Crown Prince of Saudi Arabia by his father, 81-year old King Salman bin Abdulaziz bin Abdul-Rahman al-Sa’ud, to replace his 57-year old cousin, Prince Muhammed bin Nayef bin Abdulaziz al-Sa’ud.  […]

McConnell’s AHCA Kabuki

he McConnell Obamacare repeal and replace “discussion draft” is worse than I imagined possible even taking into account that it would be worse than I imagined possible. I fear he made sure it was horrible so moderate Senators could win staged battles and claim they had saved people (needless to say I am not the […]