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

Lying about Economics

Economist Robert Reich offers up his opinion on JD Vance’s BS claims of tariffs not raising prices. Vance also wishes the tariffs brought a significant number of jobs to or were created in the US. Wrong on both accounts. Did this guy really go to Yale? Vance’s Trumped-Up Economics Today, Republican vice-presidential nominee JD Vance […]

Hannity Clashes With Carville on Open Borders

This did not start with Biden. When trump lost to Biden, Repubs started to advertise US borders were open for immigrants. A complete turn around from when Repubs held the presidency. The issue became bigger and Republicans helped to make it bigger. James Carville defended the Biden administration’s border policy Friday during a one-on-one interview […]

When does Putin finally say “enough is enough?”

Or does he? Economist Tom Palley has an interesting piece up at his site of the same name. Subtitled; Economics for Democratic and Open Societies. I did not post all of it as Tom Palley raises the question early on in his commentary. When does Russia Putin finally says “enough is enough” as they are […]

A Perspective: One Evening at the Democratic National Convention August 20, 2024

by Prof. Heather Cox Richardson The Democratic National Committee today released a platform that lays out the history of the last four years and explains how and why the Biden-Harris administration has oriented the United States government toward ordinary Americans. It is in many ways a snapshot of the United States of America in this […]

Healthcare Costs Expected to Surge at Highest Rate in 15 Years

Forecast of commercial healthcare costs to come in 2025 (MedCity report), what has occurred in the past, and what is expected beyond 2025. Meanwhile Congress is twiddling their thumbs arguing amongst themselves over what is more important to their existence . . . constituents or big business. Interesting too, how the Sadlers are getting themselves […]

Preliminary benchmark revisions wipe out 30% of jobs growth in the past 16 months

 – by New Deal democrat Every month I write about the Jobs Report. But while it is timely, it is only an estimate. There is an actual census of over 95% of all employers that also gets reported, called the QCEW, and it is the “gold standard” of actual jobs growth (or loss). Its two […]

Tariffs and Trade

by Joseph Joyce Capital Ebbs and Flows The Republican nomination of Donald Trump as its nominee for President ensures that international trade will be a major issue in the campaign. Trump views trade as a zero-sum game and the existence of U.S. trade deficits as proof that other nations have taken advantage of U.S. openness […]

The Week Ahead: Conventions Past

by Joyce Vance Civil Discourse Twenty twenty-four finds the Democrats nominating a Black woman to run for president. Said another way, a woman will be nominated by a major party as its candidate to be the president of the United States. The first time in our history in either instance. This will all take place […]