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

Selection

Selection by Ken Melvin The times they are a changing. And they are changing at pandemic speed. Five months ago is ancient history. Now is a but a fleeting interval. From now, the future. What will our world look like six months from now? What will it look like in three years? So much for […]

Weekly Indicators for July 14 – 18 at Seeking Alpha

by New Deal democrat Weekly Indicators for July 14 – 18 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. With the coronavirus beginning to rage out of control again in a majority of US States, improvement in the coincident and short leading indicators has generally halted. As usual, clicking over and reading […]

Covid litigation and immunization

(Dan here…a note for reality) Full liability release for businesses and hospitals It’s necessary, Mitch McConnell and his colleagues say, because of a “flood” of frivolous lawsuits crushing businesses and threatening economic recovery. So it’s important to say this clearly and out loud: there is no crisis of COVID-19 litigation. It’s made-up, it doesn’t exist, it’s […]

Opening schools

Important questions from my friend Paula W…….. ! Listen up world! Betsy DeVos, we have a few questions for you: • If a teacher tests positive for COVID-19 are they required to quarantine for 2-3 weeks? Is their sick leave covered, paid? • If that teacher has 5 classes a day with 30 students each, […]

Me Worthies

Me Worthies by Ken Melvin If 40% of Americans think like Trump thinks, is America worth saving? At his rallies, we see C-SPAN shots of mostly overweight middle-aged and somewhat older whites; so we certainly can’t blame his ascendancy on recent immigrants. As Walt’s Pogo said, “We have met the enemy and he is us.” […]

Capitalism and Class

Capitalism and Class by Ken Melvin Whence this attitude that the working class is expendable and that the middle and upper classes are not? Donald J. Trump, Mitch McConnell, and Betsy DeVos, being the brave, patriotic souls that they are, demand, for the sake of the nation, that the working class step-up and take the […]

Philly-Area Charters Collect $30 Million+ in PPP Funding

(Dan here…via Diane Ravitch’s blog…) Philly-Area Charters Collect $30 Million+ in PPP Funding by dianeravitch Charters in the Philadelphia area received more than $30 million in Paycheck Protection Program funds, while public schools in Philadelphia continue to be systematically underfunded. The big winner in the PPP sweepstakes is the for-profit Chester Community Charter School, owned by a major Republican […]

Economists and Inequality

by Joseph Joyce Economists and Inequality Binyamin Applebaum of the New York Times has written a book, The Economists’ Hour: False Prophets, Free Markets and the Fracture of Society, in which he claims that economists are responsible for the increase in income inequality in the U.S. I thought this charge was off the mark and wrote a reply. […]