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

A thought for Sunday: of basic decency and humanity, and how the economy is shoring up the GOP

A thought for Sunday: of basic decency and humanity, and how the economy is shoring up the GOP A few threads of the Trump malAdministration came together this past week. The latest attempt to overturn Obamacare confronted Trump with a choice between his two main goals: basking in a Trump triumph vs. erasing all of […]

Genes, Violence, and Testing

The abstract of an article in Molecular Psychiatry entitled Genetic background of extreme violent behavior reads as follows: In developed countries, the majority of all violent crime is committed by a small group of antisocial recidivistic offenders, but no genes have been shown to contribute to recidivistic violent offending or severe violent behavior, such as […]

The Kurdish Independence Vote

The Kurdish Independence Vote Buried on the back pages of this busy week has been the news that in Iraqi Kurdistan on Monday there was a referendum on independence reportedly supported by 92% of the voters.  I imagine that is not inaccurate, and that there was strong support for this referendum, even as Kurdistan Regional […]

Trump’s Refusal to Release His Own Tax Returns and California’s Legislature

Trump’s Refusal to Release His Own Tax Returns and California’s Legislature As most everyone is aware, Trump has refused to release his tax returns, breaking precedent with decades of presidential candidates and president’s release of tax returns.  Even Dick Cheney,  grumpy corporatist veep, released his tax returns.  I had fun using them as the raw […]

Republicans’ Refusal to Understand Insurance Still Matters

When attempting to repeal and not really replace Obamacare, various Republicans demonstrated opposition to the idea of insurance. They objected that healthy people shouldn’t subsidize the health care of sick people — that is their honest view of health insurance is that they are against it. I didn’t keep track of recent examples, googled, and […]

Ex-hurricane trend in September industrial production is positive

Ex-hurricane trend in September industrial production is positive As I outlined earlier this week, a reasonable temporary workaround for industrial production unaffected by the recent hurricanes is to average the 4 regional Fed surveys, minus Dallas, plus the Chicago PMI. Over the long run, each +5 in the average of the indexes is consistent with […]

Trump’s “Give the Rich a Break” Tax Plan

Trump’s “Give the Rich a Break” Tax Plan National GOP leaders on Wednesday released a 9-page document that they called a tax “framework” (available here on the Washington Post site) describing in vague terms how they intend to cut taxes for the nation’s wealthiest people while doing very little that serves the government needs. Overall, […]

People Killed by Police, 2016

As a follow up to my post on homicides in 2016, I decided to combine homicide data from the FBI with figures from the police shooting database from the Washington Post. The only difficulty is that the FBI classifies people as being from Black, White, Other, or Unknown races, whereas the Washington Post breaks out […]