Doug Higgins sent a note on China from  Nikkei Asian Review Doug adds “The size of the layoffs—as well as their nature—may be quite significant.  China has been economically stuttering—closing factories, slowing its export machine.  Of course, the U.S. trade deficit continues.  The Neoliberals and elites studiously ignore trade as a sign of anything important. […]

St. Francis (Frannie) was first reported to our group – Val’s Pals GSD and Large Paw Rescue –  via another rescue named Forgotten Dogs of 5th Ward (in Houston). They are a group who has volunteers go into the 5th Ward area and feed the enormous number of homeless dogs. We were alerted to her on the evening of […]

CHARLOTTE — Donald Trump on Thursday expressed regret over causing “personal pain” through ill-chosen words he has used “in the heat of debate,” an unexpected and uncharacteristic declaration of remorse for a candidate whose public persona is defined by his combative and bombastic style. Speaking during his first campaign rally since rebooting his campaign, the […]

Tucked into the fiscal relief package for Puerto Rico this spring was a provision to give away a national treasure that belongs to all Americans — 3,100 acres of the Vieques National Wildlife Refuge. The proposal had nothing to do with the economic recovery of Puerto Rico. But it would have handed an important victory […]

(cross-posted from Skippy the Bush Kangaroo) Mark Thoma sends us to Benjamin M. Friedman. Given that imprimatur, one expects precise analysis. (Mark, after all, is an econometrician by trade.) So it was surprising to stop reading so early. Specifically, I gave up on this cretinous piece of garbage at: especially during the president’s first year […]

by Mike Kimel Agency, or “o Brasil do meu amor” There was a rumor that an Olympic kayaker hit a couch while practicing in the lagoon in Rio. Perhaps it happened.  Perhaps it didn’t.  Either way, one thing is certain.  The water – in the lagoon, in Guanabara Bay, and off the famous beaches of […]

by Mike Kimel Top Marginal Tax Rates and Real Economic Growth, Part 1 This post looks at the relationship between the top marginal income tax bracket and growth in real GDP per capita (from NIPA table 7.1) in the subsequent year or years. The first graph shows the top marginal income tax rate on a […]

Donald Trump again raised the specter of election fraud Friday, saying that the only way he would lose Pennsylvania is to Hillary Clinton is if “they cheat.” The Republican nominee, speaking at a rally in Altoona, Pennsylvania, repeated his concerns about the fairness of the election. “The only way we can lose, in my opinion […]