This has produced another edition of “Simple Answers to Simple Questions.” Just to expand this a bit, and to deal with the 1987 absurdity, the proximate cause of the 1989 adjustment—an adjustment of less than 10% in the Dow that only took two full calendar months to return to its level at close on 12 […]
E.J. Dionne just posted a column online that will be published in tomorrow’s Washington Post. Here are its last three paragraphs: But the debate’s most substantive contribution was to the larger philosophical argument the country needs to have in 2016. Republicans plainly still believe their central mission is cutting taxes, shredding regulations and shrinking […]
I read Paul Waldman’s posts on the Washington Post Plum Line blog regularly and agree with most of what he says, but his claim today that rural young people who can’t afford college aren’t interested in attending college anyway, and those who do attend are fine with borrowing large amounts of money to do so if […]
Until last night, the Democratic presidential primary had largely been viewed through a simple frame: Bernie Sanders represents the full-throatedly populist and progressive wing of the party on economic issues, and Hillary Clinton occupies a more moderate, less populist, less-overtly redistributive zone, while edging in Sanders’ direction in order to obscure economic differences between them […]
We are not Denmark — I love Denmark — we are the United States of America. We would be making a grave mistake to turn our backs on what built the greatest middle class in the history of the world. — Hillary Clinton, last night Okay. When I heard that, I said, “Wow. Did she […]
Hillary Clinton says women are “held to a totally different standard” in politics — and that it’s been that way since she first ran for office. “You’re expected to be both strong and vulnerable at the same time,” Clinton said in BuzzFeed’s “Another Round” podcast that was published online Sunday. “That’s not easy to do.” The Democratic […]
If you do not know, Prof Reich’s film is currently up on youtube. I just watched it. For most readers it is nothing new. But for the masses this is a great film. Plus, I did not know that he literally went over on the same boat as Bill Clinton when they were going to […]
Or that is what is being thought by the Social Security Administration as we round out 2015 and head into 2016. And the culprit? “Persistently Low Inflation.” How could that be, didn’t the Fed just meet and there were concerns of looming inflation? Apparently not enough inflation to rock the CPI-W. The SS COLAs are […]