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

September jobs report: establishment survey stinks, but household survey rocks!

September jobs report: establishment survey stinks, but household survey rocks! HEADLINES: -33,000 jobs lost U3 unemployment rate down -0.2% from 4.4% to 4.2% (new low) U6 underemployment rate down -0.3% from 8.6% to 8.3% (new low) Here are the headlines on wages and the chronic heightened underemployment: Wages and participation rates Not in Labor Force, […]

Part of Patriotism is Paying Taxes

Part of Patriotism is Paying Taxes As Americans, we pay taxes to allow our government to support important activities that we as individuals or individual businesses either can’t do at all or can’t do as successfully.  Both individuals and businesses benefit from government, so that paying taxes is a wonderful exercise in patriotism. For individuals, […]

Freedom of Speech

I am not a libertarian nor am I a member of the ACLU, but I generally agree with them on the importance of free speech. This, I believe, is a real and growing problem on college campuses: Students affiliated with the Black Lives Matter movement crashed an event at the College of William & Mary, […]

Right Wing Propaganda Tank IPI Likes the Trump Tax-Cuts-for-the-Rich “framework”

Right Wing Propaganda Tank IPI Likes the Trump Tax-Cuts-for-the-Rich “framework” There’s no surprise here.  The Institute for Policy Innovation (IPI) is a right-wing “think” (i.e., propaganda) tank that has consistently argued for tax policies that favor multinational corporations and the wealthy.  So IPI has a posting on Sept 29 that is supportive of the so-called “tax reform […]

Trump’s Inadequate Response to Hurricane Maria and the Posse Comitatus Act

by ProGrowthLiberal  (originally published at Econospeak) Trump’s Inadequate Response to Hurricane Maria and the Posse Comitatus Act Credit to Matthew Yglesias for his discussion of the incompetence of Donald Trump as well as the excuses for it from his defenders including: Officials have also cited the Posse Comitatus Act as a complicating factor that helps explain why […]

Oxfam America President Abby Maxman Questions Slow Aid Response to Puerto Rico

Oxfam is a global organization working to end poverty. Its goal is to help people build better futures for themselves, hold those responsible accountable for the failures of people in power and/or government, and work in disaster areas. Their mission as stated is: “ To create lasting solutions to poverty, hunger, and social injustice.” Earlier […]