Could The US Default Due To A Complexity Catastrophe? Definitely. Front  page story in today’s Washington Post by Damien Paletta reports that “Treasury chief hurtles toward fiasco,” the fiasco being a failure to raise the US debt ceiling in time to avoid a default.  Trump has declared that Sec Mnuchin is responsible for this matter, […]

Prominent among the things that the out of touch elite knows about regular Americans in, say Kansas where something is the matter, is that those people oppose means tested programs almost as much as they support Social Security old age and survivor benefits and Medicare. (Another used to be that the didn’t support higher taxes […]

Another Personal Observation On Privatized Highways Last month I posted a personal observation on Trump’s plan to privatize infrastructure, noting especially how in the long run privately owned turnpikes in Virginia ended up in government ownership.  In the comments on that post there was discussion of the Indiana Toll Road, privatized a few years ago.  […]

(Dan here…lifted and reposted) by Mike Kimel How Keynesian Policy Led Economic Growth In the New Deal Era: Three Simple Graphs November 22, 2011 In this post, I will show that during the New Deal era, changes in the real economic growth rate can be explained almost entirely by the earlier changes in federal government’s […]

Steve Roth writes What is the secret to joining the rich country club at Evonomics: By Steve Roth There’s a curious fact about the wealth and growth of nations that you rarely see mentioned: No country has ever joined the modern, high-productivity, rich-country club without massive doses of redistribution, and universal government programs for social support and […]

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 […]

The biggest lie coming out of the Senate today: “’One of the major problems with Obamacare was that it was written on a strict party-line basis and driven through Congress without a single Republican vote,’ McCain said. He added that Congress must now ‘hold hearings, receive input from members of both parties, and heed the […]

I stumbled on a recent paper in the Police Quarterly entitled “Quick on the Draw: Assessing the Relationship Between Low Self-Control and Officer-Involved Police Shootings.” The authors are Christopher M. Donner, Jon Maskaly, Alex R. Piquero, and Wesley G. Jennings from Loyola, U of Texas at Dallas, U of Texas at Dallas and U of […]

PByrnes, The New Yorker, Wednesday, March 29 This appeared to fit what is going on today.

I’m not sure if this is worth posting here, but I have some thoughts on health care reform reform. The Republican arguments have become absurd in interesting ways. HHS secretary Price said something which makes no sense: “the Senate health care bill strengthens and secures Medicaid for the neediest in our society,” putting the program, […]