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

“One Hundred Percent” Fake News

“One Hundred Percent” Fake News No, uh-uh, false, wrong. Trump: I’m ‘100 percent’ willing to testify under oath — The Hill-2 hours ago Trump: I’m willing to testify under oath about Comey claims — CNN-3 hours ago Trump willing to testify to counter Comey under oath — Talk Media News-35 minutes ago Trump Says He’d […]

A Personal Observation On Trump’s “Infrastructure Week”

A Personal Observation On Trump’s “Infrastructure Week” Yes, folks, you may have already forgotten it, but this has officially been Trump’s “Infrastructure Week,” highlighted by his proposal to privatize air traffic control in the US, and his trip to Cincinnati where he in general terms talked about the supposed virtues of privatizing highways, bridges, and […]

Class Resentment and the Center-Left, or the Politics of “We Are the 80%”

by Peter Dorman (originally published at Econospeak) Class Resentment and the Center-Left, or the Politics of “We Are the 80%” I’ve just read the suitably downbeat piece by Thomas Edsall about the travails of the Democratic Party in today’s New York Times.  Edsall, citing a recent symposium of political strategists in The American Prospect and […]

No, record job openings in JOLTS do not mean that everything is Teh Awesome!

No, record job openings in JOLTS do not mean that everything is Teh Awesome! Once again most of the commentary on yesterday’s JOLTS report for April was that job openings jumped, so everything is Teh Awesome! <  Sigh  > To recap one more time… In the one and only complete business cycle that we have […]

My Sources Tell me that in the Closed Session Comey Said he has proof Trump is a Russian agent and a Lizard person

Lifted from Robert’s Stochastic Thoughts: My Sources Tell me that in the Closed Session Comey Said he has proof Trump is a Russian agent and a Lizard person COTTON: “Do you believe Donald Trump colluded with Russia?” COMEY: “It’s a question I don’t think I should answer in open session.” Sen Cotton has a degree […]

Trump Blows Up The Gulf Cooperation Council (GCC)

Trump Blows Up The Gulf Cooperation Council (GCC) Well, maybe it has blown itself up, but Trump’s supposedly triumphant visit to Saudi Arabia looks to have exacerbated underlying tensions within the six-member Gulf Cooperation Council (GCC), whose members include Saudi Arabia (KSA), Kuwait,Qatar, Bahrain, the United Arab Emirates (UAE), and Oman. This was the part […]