“Why the Cassidy Hutchinson Investigation Should Make Us Very Uncomfortable,” Civil Discourse I don’t know Cassidy Hutchinson, the former deputy to Trump Chief of Staff Mark Meadows, who flipped and became a star witness during the January 6 Committee hearings and who is now reportedly under investigation. I don’t have an independent basis for knowing whether […]
The goal for China was always to be a global leader. Nothing has changed. My trips to various Chinese facilities building automotive components for US automotive countries, I could see how their technology was evolving. The United States did help them real such heights by sourcing production to their overseas plants. China could copy the […]
“At Least 88 Big US Corporations Paid $0 in Federal Income Tax Last Year,” Common Dreams, Stephen Prager Dozens of America’s most profitable corporations avoided paying any federal income taxes in 2025, according to an analysis out on Tuesday from the Institute on Taxation and Economic Policy. What Companies Paid Zero Federal Income Tax in 2025? The companies avoiding […]
“Stock market at new highs, even with Strait of Hormuz still closed. What is Wall Street thinking?!?” – by New Deal democrat As I type this, there are two particularly salient facts: 1. Although the US and Iran are not lobbing bombs at one another at the moment, the Strait of Hormuz is still closed. 2. […]
California Economist David Zetland now living in Amsterdam giving us his perspective from Europe about the Strait of Hormuz. As usual, it reads a bit different than what we are hearing in the United States. I would expect such from someone based in Europe. War, oil, trade and profiteering – The one-handed economist America’s “Stable […]
– by Steve Roth Originally posted at Wealth Economics If you think human well-being matters, yeah. If there’s one armchair economic truism that I give high credence to, it’s declining marginal utility. The first ice-cream cone you eat on a hot sunny day delivers a lot of utility. The second, significantly less so. (With ice-cream cones, you pretty […]
This is a much longer report than the three charts I am showing below. Charts 3, 5, and 8 get to the issues at hand. At least, I believe so. To me, I do not believe there is any politics involved in deciding whether healthcare is important. It is important and should be readily available […]
Democrats believe Trump’s Tariff Policies resulted in the loss of jobs in manufacturing. Democrats also estimate a reduction in manufacturing investment growth by an average of 13 percent per year. Joint Economic Committee – Minority Party. “Uncertainty From Trump’s Tariffs Derails U.S. Manufacturing in Both the Short and Long Term,” WASHINGTON – The Joint Economic […]
– by New Deal democrat Today I want to step back from the daily data and give you my Big Picture overview of the economy, particularly because Friday’s inflation report has materially changed an important component. To begin with, as I have been saying off and on for months, the economy has been essentially flat, and […]
“it leaves entire communities worse off.” and for that matter countries are worse off if the United States closing the doors to immigration whether legal or illegal. There is always a path to citizenship. The nation does need population growth to sustain its productivity even with robotics in place. “The nation is aging. By 2040, […]