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

“Executive Actions to Reduce Gun Violence and Make Our Communities Safer”

President Addressing Weapon Safety: Link New Executive Actions to Reduce Gun Violence and Make Our Communities Safer To me this is “mostly” a reiteration of what is already out there for law with restrictions plus some enhancements. President Obama appears to be calling for enforcement of what is already there for law. There are adders […]

Your Tax Dollars Subsidizing Methane Gas Emissions

Sandwichman at Econospeak has a post up on subsidizing Methane and the BLM. It fits in with the Bundy take over of the Wildlife Refuge Bldg. He credits 538 Politics for this exclusive The Armed Oregon Ranchers Who Want Free Land Are Already Getting A 93 Percent Discount We are paying for the air pollution […]

Some Great Reads on a Wintery Night

Been taking some time to recoup from back surgery (8 inch gash Lumbar area), catch my breath, and find some more interesting topics on which to write. There are some awesome reads out there if you just take some time to search for them. – Another Christmas gift from Dean Baker; The Effort to Divert […]

NAWRU II . There is no such thing as a NAWRU

This is the first of five posts I promised to write in this post. NAWRU stands for the Non Accelerating Wage inflation Rate of unemployment. It is a concept used by the European Commission when deciding how much to allow Treasuries adhering to the Stability and Growth Pact to spend. The commission considers cyclical adjustments […]

NAWRU 1 The totally arbitrary estimated natural rate of unemployment and Euro Block Fiscal Policy

European Commission fiscal dictates are based on outdated economic theory, strange econometrics and arbitrary ad hoc restrictions on parameter estimates. It is not easy to discuss the technique behind that which presents itself as technocracy with a straight face. The ‘cracy part is genuinely powerful, so this matters. This will be the first of a […]

US life expectancy flat for third year

US life expectancy flat for third year Life expectancy in the United States has stalled for three straight years, the government announced Wednesday. A child born last year can expect to make it to 78 years and 9 1/2 months — the same prediction made for the previous two years. In most of the years […]

The REALLY ANNOYING Don’t-Wanna-Subsidize-Wealthy-Kids’-College-Tuition Canard [With fun update!]

Hillary Clinton’s performance wasn’t as clean or as crisp as her last one. Among other things, she invoked 9/11 in order to dodge a question about her campaign donors. But she effectively made the case that, though Sanders speaks about important questions, his solutions are ultimately simplistic and hers are better. Instead of railing about […]

Clinton Campaign Spokesman Brian Fallon Says Healthcare Insurance Premiums Aren’t Paid by Families and Employers, Because They’re Paid to Private For-Profit Insurers. Seriously.

“Bernie Sanders has called for a roughly 9-percent tax hike on middle-class families just to cover his health-care plan,” said Clinton spokesman Brian Fallon, referring to legislation Sanders introduced in 2013, “and simple math dictates he’ll need to tax workers even more to pay for the rest of his at least $18-20 trillion agenda. If […]

Gas All Boomers" Or At Least Tax And Cut Their Benefits More Says WaPo

by Barkley Rosser    “Gas All Boomers” Or At Least Tax And Cut Their Benefits More Says WaPo No, nobody in today’s Washington Post Outlook section devoted to the boomers said that first line, although it has become a commonplace on such sites as Economics Job Market Rumors where anonymous and frustrated millennials very frequently and […]