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

Wisconsin Buys Foxconn Facility for Kenosha

I picked up this version 4 BS lies of Trump and Scott Walker’s Imaginary Foxconn Factory on Tom Bozzo’s facebook page where I stopped to see what he had to say as of late. While it is a great attention grabber, a link caught my eye in Wonkette’s article leading to this America and the […]

Minimums of understanding

  James Kwak writes Introductory economics can be more misleading than it is helpful  (originally in Atlantic magazine).   Tim Worstall responds with  James Kwak sure doesn’t understand the economics of the minimum wage. Peter Dorman explains   Why you should never use a supply and demand diagram for labor markets. Richard Wolff  notes he thinks the debate […]

Science and Technology advice

Via Science magazine, Trump’s White House science office still small and waiting for leadership: …Trump has yet to nominate an OSTP director, who traditionally also serves as the president’s science adviser. Nor has he announced his choices for as many as four other senior OSTP officials who would need to be confirmed by the Senate. […]

First Vote to Amend and Repeal Rejected

The first vote in the Senate to amend the PPACA was rejected. “Senators voted 57-43 late Tuesday to reject the plan in the first vote on an amendment to the bill. Those voting “no” included nine defecting Republicans. The vote underscored problems Republicans will have in winning enough votes to recast Obama’s statute. The rejected […]

Before we can get to issues…

Via US News: Less than half of recently polled Trump supporters believe Donald Trump Jr. met with a Russian lawyer, despite the president’s eldest son admitting he attended the controversial meeting.The latest survey from Public Policy Polling finds that only 45 percent of Trump voters believe Trump Jr. attended a meeting with Russian lawyer Natalia […]

DID MAYA MACGUINEAS of CRFB LIE on TIME magazine website OR WAS SHE JUST FOOLIN’ AND DID ANYONE NOTICE

by Dale Coberly   DID MAYA MACGUINEAS of CRFB LIE on TIME magazine website OR WAS SHE JUST FOOLIN’ AND DID ANYONE NOTICE   Maya MacGuineas is president of the Committee for a Responsible Federal Budget (CRFB) which reliably confuses the Federal Budget with the Social Security program.   CRFB claims to want to cut government […]

Non competes

Via Alternet, Thom Hartmann writes: …This type of labor system has been the dream of conservative/corporatists, particularly since the “Reagan Revolution” kicked off a major federal war on the right of workers to organize for their own protection from corporate abuse.Unions represented almost a third of American workers when Reagan came into office (and, since […]

Not business but finance models

Financialized business models sticks to faith based “Market knows best” rule. …The number of MBAs graduating from America’s business schools has skyrocketed since the 1980s. But over that time, the health of American business has decreased by many metrics: corporate R&D spending, new business creation, productivity, and the level of public trust in business in […]