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

Bearing the Cost of Tariffs

Good explanation on who pays the tariffs imposed upon imports by Trump. Who Bears the Cost of Tariffs? Liberty Street Economics Mary Amiti, Chris Flanagan, Sebastian Heise, and David E. Weinstein The next chart shows how global supply chains shifted in response to the higher tariffs. We plot import shares by country (or region) for […]

Celebration of Self

Two points to this Dan Rather piece (subscriber). President in office should not have things named after them. Gerald Ford declined such. The sitting President Ford vetoed a bill branding things with his name because he believed federal buildings should not be named while he was in office, Neither should Presidents in office add their […]

Changing News Broadcasting

Could one call this a changing news environment to please political influencers? It sure seems to be swing in that direction. Time will tell . . . “The tragic end of CBS News” Robert Reich Friends, Producer Alicia Hastey departed CBS News Wednesday, saying the work she came to do was “increasingly becoming impossible,” as stories were […]

Super-rich are rewriting the rules

“the French public has signaled strong support for a 2% tax on the ultra-wealthy; and a proposed California ballot initiative would enact a one-time 5% tax on billionaires’ net worth.” What I I would suggest for the United States is a reversal of all of Trump’s polices impacting the wealthy. “Average tax cuts are generally […]

Some Reads for a Sunday

Joel and I went through some articles in our email boxes(?) and thought they may make good reads for a Sunday. Too much to post on Angry Bear. Maybe Sunday reads. Comment section is open for any thoughts you may have related to a particular article (please mention which one). You can use this as […]

This is what a Governmental “Ass” Does

Can we get any worse in the attacks on immigrants whether in the U.S. legally or not? Is there no character or integrity? Apparently not as Kristi Noem’s DHS fast-tracks the deportation of 5-year-old after viral ICE arrest. Taken from The Mirror USA  Not much will stop the fast-tracking effort to deport a 5-year-old Liam […]

The death of The Washington Post

Jeff Bezos is richer than God. He owns the Washington Post, formerly an icon of objective journalism. “Jeff Bezos could float almost limitless news organization losses forever and barely notice. What we’re seeing is something that should be familiar to any close of observer of the news over the last generation. Let’s call it the […]