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

Of Patches Paint and Ploy

Up from craft workers to those of the large industrials, by the mid-20th Century unions had grown to represent large segments of American workers (density peaked at 35% of workers in 1954, membership at 21 million in 1979). From the mid-1930s through the mid-1960s they played a huge role in the nation’s politics, social order, […]

From Deficit to Debt

In the real world, if someone spends more money than they make, they run a deficit. Income – Spending = Deficit. Accumulatively, deficits become debt. In order to avoid the accumulation of debt; they need to either reduce spending, increase income, or both; a lessening of income would require a reduction in spending, an increase […]

Expunge

Follow the money’s good. But, sometimes, looking for the me(s) in what’s in it for me works better. Trump wanted something from Kevin. Marjorie did too; was among the first to make her deal. Then, Matt, Paul, Scott, Lauren, and Andy (after being together on C-Span for four days, all of us are on a […]

On Leverage

Archimedes is said to have to have said, “Give me a place to stand and a lever and I shall move the earth.” They say, “Give us a seat and we will screw up The House of Representatives, the Nation.” They proved it. NRA said, “Here’s some cash.” There is no distance between the Freedom […]

Nous sommes dans le changement

Indeed we are. Tout les mond sommes dans le changement. Change comes sometimes fast, sometimes slow; but always, inexorably. Still and yet, some would deny, attempt to slow down or even stop change. Too few recognize it when they see it. Throughout history, blood has flowed like rivers resultant efforts to slow down or stop […]

Reciprocity

For some fifty years now, the question of how to get labor a fair share has been tantamount. Fact being, it was a problem from the beginning of the industrial age and even before. Union labor has never had leverage – the bosses don’t work for them. For the past 40-50 yrs, the bosses and […]

The Inflations

Inflation is defined as a significant increase in the price of most goods and services in an economy over a short period of time. No controversy. Or, is there? And, … since inflation is likely but an effect, a symptom; the real question might should be, “What are the causes of inflation?” It is always […]