The former actor campaigning for President said, “The government is the problem.” Who needs government? We need it, that’s who. In 1980, any damned fool could look around and see that nations with strong governments succeeded while those with weak governments failed. Yet most of the people believed the damned fool when he told them […]
Maybe I am wrong on BLS Household Numbers? Has anyone looked at aggregate Participation Rate and the Civilian Labor Force numeric? Seasonal Adjusted PR is up 2 tenths of 1% and the Civilian Labor Force increased by 430,000 from March to April. Last year, from January 2020 to end of 2020, PR was down 2% […]
“It Took the Democrats Half a Century to Rediscover Trickle-Up Economics,” The Soap Box, Bruce Barlett Republicans still cling to trickle-down delusions of the wealthy and big business delivering economic progress to the rest of the nation, while Joe Biden revives a philosophy of growth Democrats have not embraced since LBJ . . . Stimulating […]
Matt Yglesias is stimulating heated discussion — that’s his job. Before getting to the point, I think that his $250,000 guaranteed advance from SubStack has stimulated a lot of extremely intense envy (I know I envy him) which tends to add a bit of spice to his provocative posts one of which is Tema Okun’s […]
In a recent post, libertarian political philosopher Jason Brennan argues that “we should ignore the welfare of people who choose not to vaccinate out of paranoia”. We owe them nothing. Brennan reaches this conclusion by analogizing vaccine hesitancy to a heckler’s veto (my bold): The idea of heckler’s veto goes as follows: Take any action, […]
by New Deal democrat The long leading indicator of credit conditions has just been updated by the Fed The easing or tightening of credit conditions has a good track record as a long leading indicator, giving us information about whether the economy will be expanding or contracting in 12+ months. The Fed just updated its […]
Want a Public Option? Not So Fast, Say Health Insurers. Guess Who is Fighting It! Much of this is about an Op-Ed at MedPage Today authored by Wendel Potter. I have added to it as Wendel discusses the impact of insurance as a major influence on healthcare cost. It is one sided and the commentary […]
Unfortunately for himself, the young man was polite and did not school Brian Kilmeade (after his comment) about trump’s inaction in the beginning of the Covid Pandemic causing the delay in returning to school. During the young man’s comments to Brian Kilmeade, you can see the young woman in the lower left quadrant shaking her […]
A couple of months ago I drafted up a post arguing that Trump was becoming yesterday’s news. He was off Twitter and Facebook, and responsible for a highly unpopular attack on Congress. Stripped of the powers of the presidency he would be forced to spend his time whining about the election and playing victim. The […]
A Recent Correlation Regarding Political “Leadership” And The Coronavirus The recent correlation I have noticed, with others commenting on it also, is that some of the most prominent nations with the most rapidly rising rates of coronavirus infections are led by somewhat authoritarian leaders who have recently dismissed the threat of it and engaged in […]