Dan here…Lifted from Robert’s Stochastic Thoughts: Game Of Thrones Guesses 1. I guess from the TV series it is official that John Snow is the son of Lyanna Start and Rhaegar Targaryan 2. I’m a fairly sure that Lyanna Stark is also the knight of the laughing tree (and that’s part of the reason Rhaegar […]
Foxconn aims to break the bank While the head of the illegitimate Trump regime makes multiple headlines telling the New York Times that he is above the law, we have to remember that there are plenty of other issues of concern to the middle class. One of the most striking is the latest huge bidding […]
Prominent among the things that the out of touch elite knows about regular Americans in, say Kansas where something is the matter, is that those people oppose means tested programs almost as much as they support Social Security old age and survivor benefits and Medicare. (Another used to be that the didn’t support higher taxes […]
Another Personal Observation On Privatized Highways Last month I posted a personal observation on Trump’s plan to privatize infrastructure, noting especially how in the long run privately owned turnpikes in Virginia ended up in government ownership. In the comments on that post there was discussion of the Indiana Toll Road, privatized a few years ago. […]
Trump’s presidency is 1/8 done. The economy is still on Obama’s autopilot. Where’s the DOOOM?!? Today marks half a year since Donald Trump took the Oath of Office as President. I just wanted to note that, so far, absolutely nothing of significance has been enacted to affect the economy. It’s still basically Barack Obama’s expansion. […]
After my recent post on police shootings I was curious and did some googling on the topic. By coincidence, right about that time Peter Moskos (i.e., Cop in the Hood) wrote this: I looked at the Washington Post data of those shot and killed by police in 2015 and 2016 and broke it down by […]
(Dan here…lifted and reposted) by Mike Kimel How Keynesian Policy Led Economic Growth In the New Deal Era: Three Simple Graphs November 22, 2011 In this post, I will show that during the New Deal era, changes in the real economic growth rate can be explained almost entirely by the earlier changes in federal government’s […]
Lifted from comments at Naked Capitalism MC So your solution includes taking money from those who saved and invested, and re-distribute it to those who spent everything they earned? As someone in the “saved and invested” category, I find that plan to be a non-starter. When I was setting aside 15% of my income for […]
Steve Roth writes What is the secret to joining the rich country club at Evonomics: By Steve Roth There’s a curious fact about the wealth and growth of nations that you rarely see mentioned: No country has ever joined the modern, high-productivity, rich-country club without massive doses of redistribution, and universal government programs for social support and […]