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

Mankiw Misrepresents a Story on Senator Sanders Campaign Worker Negotiations

Mankiw Misrepresents a Story on Senator Sanders Campaign Worker Negotiations Greg Mankiw reads this story and writes: Staffers in the Sanders campaign, who are working on salary, complain that they are paid less than the $15 per hour that Senator Sanders advocates for the minimum wage. So Sanders raises their hourly wage. Does that increase their income? No, […]

Bill Black says what if…

(Dan here… Via Real News Network, Bill Black discusses the what-ifs of President Trump’s policies in a spectacular contrast to current expectations…providing. a jumping off point from what we expect from the way it is framed now. I assume the complex interalationships of the wealthy elites (let us see how the Epstein case unwinds for […]

Eliminate The Debt Ceiling

Eliminate The Debt Ceiling Several days ago in WaPo, Catherine Rampell published a highly reasonable column calling for eliminating the century-old US debt ceiling, something no other nation has ever had, a position supported by a wide array of economists including such a conservative GOP stalwart as the recently deceased Martin Feldstein, a former CEA […]

A Voice from England

Trevor and I worked together on the supply of antennae for keyless go automobiles including Chrysler, Mercedes, BMW, Skoda, etc. I had met him while working in Germany as the Purchasing Manager for North America. He was representing a German/Czech company. I spent time traveling around Germany, Switzerland, and the Czech Republic. Partook of Czech […]

House’s SECURE Act and the Senate’s RESA Act

Congress has been busily working on a much-needed way to improve Middle Class savings and growth over the span of their employment to boost their retirement. Dueling bills to restructure IRAs and 401ks appear to be redundant. Better known as the “Setting Every Community Up for Retirement Act” (SECURE Act) H.R.1994 and the Senate has […]

Protecting The Fed

Mark Thoma has a post up on Facebook. Apparently, Trump intends to nominate Dr. Judy Shelton to the Fed. I knew Trump was bat-sh*t crazy and now he has confirmed he is bat-sh*t stupid too (if you did not already know this). It is hard to know which is worse as they come in a […]