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

Refinancing is dead: a generation of Hard Times will continue until secularly real wages improve

New Deal Democrat writing from The Bonddad Blog On Monday I gave what I think is a reasonable roadmap to the next recession. I want to follow up on this a little. The post from nearly 10 years ago was entitled, Are Hard Times Near? The great decline in interest rates is ending.” The theory […]

Remembering the Carter-Reagan Race

Barkley Rosser made an interesting comment on one of the threads which is worthy of a separate posting. He is pointing out similarities between Trump and Reagan in saying whatever they want to say, backing away from them (it was just a suggestion), and never being held accountable for making statements devoid of facts. People […]

Leave your Economic Modeling at Home when flying the “Doing What We Do Best” Airlines

Which appears to be taking ethnic looking civilians off their flights. Perhaps economists should not do their modeling on American Airline flights or for that matter other airlines. It seems one 40-year-old man with curly dark hair and olive skin coloring was quietly sitting in his seat scribbling calculations on a notepad. His seatmate on […]

SCOTUS Approves New Rules for FBI Hacking and Legislates New Law

In 2014, Joseph Hall explained why this could be an issue. “The US Department of Justice is seeking to drastically expand its abilities to search computers remotely through an obscure change in the rules of criminal procedure. This would have the effect of making it easier for law enforcement to remotely break into and search […]

Senator Warren to Senate Republicans; If you do not like the choice of being shot or taking poison, then “Do Your Job”

A question to Senator Lindsey Graham by “The Daily Show’s” Trevor Noah asking why he endorsed Cruz for the Republican Presidential candidate over Trump. Earlier, Noah ran a clip of Graham stating it was a choice between getting shot or being poisoned and the reasoning for the choice of Cruz was there may be “an […]

Chris Blattman’s Blog: “An open letter to Senator Chuck Grassley from an Iowan high school student”

Someone far younger than us has seen the false logic of the Republicans in resisting the selection of a Supreme Court Justice. “The argument many Republicans are making is that Barack Obama is a ‘lame duck’ president, and, because “the people have not spoken,” he should not be allowed to nominate a replacement for Justice […]