There is a lot of noise about the shortage of semiconductors. I am not going to explain it all here. You will find the explanation of manufacture in the articles. It takes weeks to grow wafers and then Fab semi-conductors. Not maintaining orders for semiconductors creates shortage when production starts up again. The purchase of […]
A collection of interesting reads, news, and articles from the last week. Healthcare “Fauci to Retire by End of Biden’s First Term” (medscape.com), “Biden’s chief medical officer (Fauci), who has also been director of the National Institute of Allergy and Infectious Diseases since 1984, told Politico he is not planning to wait for COVID-19 to […]
A note on inflation and whether the Fed should continue to raise rates – and whether it is “behind the curve” No important economic releases today (july 18), and almost no reporting by States as to COVID counts over the weekend, so let’s back up and take a look at something that’s been simmering on […]
Many Democrats seem to view bipartisanship as a trap for naïve centrists. This view is understandable given the way Republicans play political hardball. But the right response to hardball is to use bipartisanship strategically, the way Republicans do, not to eschew it altogether. There are several advantages to pursuing bipartisan agreements. First, many people hate […]
Pulled from Comments Section. Fred Dobbs Commentary NY Times magazine – July 17 Pioneering Economist Says Our Obsession With Growth Must End, NYT, David Marchese Growth is the be-all and end-all of mainstream economic and political thinking. Without a continually rising G.D.P., we’re told, we risk social instability, declining standards of living and pretty much […]
Just some ramblings of mine after looking at numbers. I do know Wisconsin, Michigan, and Pennsylvania voter politics are changing. They are slowly becoming Democratic. This shift reminds me of a recent analysis I came across about voter demographics and migration patterns — read more about how people moving to new states tend to bring […]
Just How Bad Is Biden’s Trip To Saudi Arabia?, Econospeak by Barkley Rosser Yes, I posted on this awhile ago, but at that time it was a maybe. Now he is in the air on his way, although, of course, to Israel and the West Bank first, where I have no complaint or comment much. […]
June CPI report: bad, bad, bad, bad, bad – by New Deal democrat In case for some reason you haven’t already heard, the inflation news for June was uniformly bad. Here is some of the carnage. For the month of June only: overall inflation was up 1.3%, the highest monthly increase since 2005 […]
A well-deserved death for an ill-conceived plan for veterans. The 2018 VA MISSION Act was to help shape the future of veterans’ health care delivery by creating the Asset and Infrastructure Review (AIR) Commission. The modernization as planned by Trump was to be accomplished by downsizing VA hospitals and clinics with the goal of privatizing […]
In a previous post, I pointed out that Jeffrey Tucker, the founder of the libertarian Brownstone Institute, has a personal history on race related issues that . . . raises some awkward questions. I concluded as follows: I have no idea what the truth is here or what Tucker’s views on race are. But the […]