The last thing or person the USPS needed was Louis DeJoy who lacked in knowledge of how the Post Service works. He then took it upon himself to implement change(s) before learning about the USPS systems and its people. We did not do such in manufacturing facilities. Lacking the knowledge of how the USPS works […]
“The federal government provides roughly 14% of funding for public K-12 education, with states and local governments contributing the majority. This federal funding can vary significantly from state to state.” Federal public education funding is equivalent to 0.51% of total taxpayer income. Yikes, that is alot! The Department of Education has a budget of ~$104 billion. […]
From an article in the NY Review of Books: “ . . . the 94 percent marginal tax rate [Reagan] was theoretically subject to an income above $200,000, though in reality Reagan, like other actors, was able to pay a 25 percent capital gains rate by receiving his earnings form “temporary corporations” set up for […]
Apparently, Sen. Kirsten Gillibrand (D-NY) warned her colleagues to pass the CR or else: “He will declare a state of emergency,” the senator told her colleagues, seemingly referring to a potential action President Trump might take if Congress does not pass a spending bill before the government runs out of funding midnight Friday.” LOL! “potential”? […]
And The Income Tax From Wikipedia: A tariff is a tax paid by consumers in a given country imposed by the government of that country or customs territory, or by a supranational union, on imports or exports of goods. Besides being a source of revenue, import duties can also be a form of regulation of […]
It must be fun to play the crowd, making them think what a tough guy the president is. Did he (being Trump) not know there was a trade agreement with Mexico? Something called the USMCA Agreement? Of course, he did. Of course, much of the US population do not realize this exists and has existed […]
When asked why he robbed banks, Willie Sutton simply replied, “Because that’s where the money is.” DOGE is targeting the IRS for massive cuts. And that’s where the money is, to be sure. But robbing the IRS of personnel will ensure that the wealthy and corporations will keep the money they were supposed to pay […]
Trust is sine qua non in a democracy. Citizens simply must trust that those in power will follow the law. When that trust breaks down, it leads to assassinations, coups and civil war. The idea that the SCOTUS is the final arbiter of what is and isn’t legal is based on nothing in the Constitution. […]
– by New Deal democrat There’s no important economic data today, so this is a good time to write about several important developments in the stock and bond markets. First of all, as many of you may already know, a portion of the US Treasury yield curve, between the 10 year and 3 month Treasuries, re-inverted […]
I watched a Nova show titled: Baltimore Bridge Collapse It got me wondering: What Ifs? The specifics I mention regarding the bridge come from this show and this Wikipedia article. We have all been hearing and asking, “what if there is another pandemic”. With the personnel/financial cuts and head of agency changes the current Republican […]