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

PBS and school privatization

Via Naked Capitalism comes Brett Robertson’s Why Is PBS Airing Right-Wing-Sponsored School Privatization Propaganda? (Media Matters).  I like Wait Wait Don’t Tell Me and sometimes Car Talk while driving to places, if they happen to be on. Otherwise I tend to avoid listening to Marketplace and the news segments. This has been true for me for a […]

The Hidden Cost of Privatization

The Hidden Cost of Privatization by Nina Shapiro at Institute for New Economic Thinking  is an excellent read. This conception of government, of course, is not new. “Small government” has been a hallmark of the Republican Party for decades, and the privatization of government properties and services has been increasing worldwide since the 1980s. In the […]

Is Trump’s Apprenticeship Program Like His Infrastructure Program?

Is Trump’s Apprenticeship Program Like His Infrastructure Program? It looks like it might be in a crucial way.  Both involve lots of rhetoric about expanding programs that many support, apprenticeships and infrastructure.  However, on looking at them closer to the extent we can see anything specific aside from the rhetoric, it looks like they involve […]

Retail sales disappoint — but don’t hyperventilate about it

Retail sales disappoint — but don’t hyperventilate about it There certainly is a  lot of information to unpack from this morning’s retail sales and inflation reports, and what they mean for wages and jobs.  I’ll address them in separate posts. First, retail sales.  They certainly were a disappointment, coming in at -0.3% nominally and -0.2% […]

Trump says AHCA is “Mean”

Lifted from Robert’s Stochastic Thoughts Trump says AHCA is “Mean” One source said Trump called the House bill “mean, mean, mean” and said, “We need to be more generous, more kind.” The other source said Trump used a vulgar phrase to describe the House bill and told the senators, “We need to be more generous.” AP […]