Trump: the endgame There was some economic news last week which is important for the long term, and I’ll try to post about it later today or tomorrow, but in the meantime … I’m as interested in the latest Trump-Russia tidbit as the next person, but really, don’t we all already know the endgame? Remember […]
At least 40 Republican Senators and possibly the critical 50 have decided to stand up to the lobbyists, the interest groups and big business. They are willing to vote for the Cruz amended BCRA which would not just repeal Obamacare, but also destroy US individual market health insurance. If they do so, they stand up […]
“our present situation is not a natural one.” Many want to change to the popular vote to elect a president as HRC the loser in the election received more popular votes than the election winner and lost in the Electoral College. There are activities going on today with regard to the EC and how it’s […]
Dan here…another post by Steve Why Tyler Cowen Doesn’t Understand the Economy: It’s the Debt, Stupid Steve Roth | November 16, 2015 In a recent post Tyler Cowen makes an admirable effort to lay out his overarching approach to thinking about macroeconomics, revealing the assumptions underlying his understanding of how economies work. (Even more salutary, […]
Nation “Too Broke” for Universal Healthcare to Spend $406 Billion More on F-35 (Photo: Forsvarsdepartementet/flickr/cc) The nation’s most expensive weapons program isn’t done showing U.S. taxpayers how much it will ultimately cost them, with Bloomberg reporting Monday that the F-35 fighter jet budget is now predicted to jump by a cool $27 billion. “Think about […]
Via Salon, Digby writes: GOP leaders definitely knew about hacking — did they benefit too? McClatchy also reported that the Justice Department is looking into “whether Trump’s campaign pointed Russian cyber operatives to certain voting jurisdictions in key states – areas where Trump’s digital team and Republican operatives were spotting unexpected weakness in voter support […]
“Mitch McConnell and the Republicans in the Senate are not satisfied with the Tom Price appointed CBO chief, who insists that there are four fingers in front of his face and apparently won’t make numbers up to help take away health insurance from 22 million people. So Mitch McConnell and the Republicans will rely upon, […]
Dan here….Steve Roth in 2014 How Do Households Build Wealth? Probably Not the Way You Think. Three Graphs Steve Roth | October 28, 2014 12:52 pm US/GLOBAL ECONOMICS Work hard. Save your money. Spend less than you earn. That’s how you become wealthy, right? That’s not totally wrong, but if you think that’s the whole […]
« Back I am reposting this at Dan’s suggestion as it relates to the recent post by Steve Roth. I have edited it slightly along with a retitle to clean up some wording and hopefully have made it easier to read. For those new here, my posts started with income inequality and a thought that […]