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

Trump’s war and global de-dollarization

A major bulwark protecting the US economy has been that the dollar is the world’s reserve currency. Now, Trump’s “excursion” (don’t say “war”) is looking to change that. “A senior Iranian official has told CNN that Tehran is considering allowing a limited number of oil tankers through the Strait of Hormuz — but only if […]

“growing productivity renders the expenditure of labour time increasingly unnecessary”

Tom is discussing the battle between Labour and Machinery. As manual machinery was replaced by NC and then CNC, Labor did not reap anything more for it. Instead, Labour was displaced. Keep one thing in mind. Direct Labor in manufacturing is the smallest component in the cost of manufacturing. The productivity gains Tom speaks to, […]

Understanding the larger context for small, discrete events is essential to protecting our rights

Civil Discourse The Fate of the First Amendment – Joyce Vance The Defense Department announced is barring press photographers from the briefings it holds on the war in Iran. Why? According to “two people familiar with the decision who spoke on the condition of anonymity out of fear of retaliation,” it’s because the press has published photos […]

USA Wages and Inflation

USA Facts asks the question, “Are wages keeping up with inflation?” It answers the quest and then provides the data to support its contention. Saying “Yes. From January 2025 to January 2026, wages grew 1.9 percentage points faster than inflation.” When you are listening to the news or reading an article in one of the […]

Trump Goes to War , , ,

I would not change this title for anything of value. For Trump, this is like playing with toy soldiers. He also thinks of those of us serving and who have served as snooks. Then such bravado on display by him. Tough Guy as long as someone else does the fighting. A man’s man as long […]

A Measure of Tax Decreases for the Upper 10% of Households

I pulled this bullet point information from Josh Bivens piece on the Economic Policy Institute: “The Trump administration’s macroeconomic agenda harms affordability and raises inequality,” Economic Policy Institute. Graph showing the difference in return over 40 years versus Trump’s tax break for the wealthy in one year. It is the same return. It is interesting […]