Commenter Dale Coberly asked for this particular story to be posted. Renown Covid Restrictions Defier is Really Asking For A Better Government “We got a government that has taken the stimulus money and gave it to special campaign donors and special interests, abandoning me, and putting me in a position where I have to fight […]
Trump As The Grinch Who Stole Christmas So the Congress struggled for months after the House passed a $3.3 trillion followup Covid relief bill, which Senate Majority Leader McConnell blocked and kept blocking. House Speaker Pelosi and Treasury Secretary Mnuchin kept negotiating and coming up with this or that proposal, only to mostly have McConnell […]
As a bit of a comparison, the 2018 Distribution of Federal Payroll and Income Taxes shows 761,000 household taxpayers making up 4 tenths of 1% of all taxpayers having the highest income in the US. I am not sure if we can get it as finite as what India shows in wealth. With a population […]
Housing permits and starts for November: yet more evidence of an economy primed for takeoff in 2021 If there was bad news yesterday in the further increase of initial jobless claims, there was also good news in the 10+ year highs in new housing permits. Here’s the graph of permits (blue), single-family permits (red, right […]
by David Zetland Daylight spending more than you have Some countries are changing their clocks this week while others will do so next week. These changes are labeled “daylight saving” (DS) even though the number of daylight minutes stays the same. Marketing at its finest! Indeed, there’s abundant evidence that this twice-annual ritual is useless or even […]
Latest on the relief negotiations is here. Short version, Pelosi and Mnuchin are still negotiating over a $1.9 trillion bill; McConnell is floating the idea of a $500 billion dollar bill, but it is far from clear he can or even wants to pass anything. If Pelosi can get to a deal with Mnuchin, that’s […]
A good discussion of the current state of play is here. The short version is Speaker Pelosi and Treasury Secretary Mnuchin are negotiating over a package of $2 trillion or so, McConnell plans to introduce a very limited $500 billion package that he may or may not actually have votes to pass (he may just […]
The COVID-19 pandemic is just what the Doctor ordered for American education. Well, it could be. First, we must, as is our wont, muddle for as long as possible. Plenty of time. What with students and teachers being quarantined one right after another, it’s going to be a long year. Time a plenty to fall […]
The real story revealed by the New York Times Trump tax returns bombshell is not that Donald Trump paid no taxes in 10 out of 15 years or that he paid $750 in 2016 and 2017. The real story is that he doesn’t have net income to service his debt. There is nothing inherently illegal […]
Though more different than alike, they do have a lot in common. All are, in some way, progeny of the microprocessor. Some were born in around Silicon Valley, others quite distant. The first generation was born in the US early in the last third of the 20th Century. The second was born near the end […]