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

Trump almost certainly no longer has any chance to win Florida, the northern third of which is chock full of families connected with the military. [UPDATED.]

TRUMP: I think I’m going to to do great in Ohio, we’re going to do great in Pennsylvania, I think I’m going to do great in Florida and I think I’m going to do great in states that some people aren’t even thinking about. Because I’m different than Republican candidates, than other Republican candidates. I’ve got states that […]

Quote to better understand Productivity

“Stressing output is the key to improving productivity, while looking to increase activity can result in just the opposite.” Paul Gauguin Policy seeks to increase activity in spite of weak effective demand for output. So is it any surprise that zero-lower-bound monetary policy has not normalized the economy? If only economists would understand Effective Demand […]

Trump is kind of punking Ryan

What games is Trump playing with Paul Ryan? When I worked in a medium security prison as a counselor, we would call this a form of asexual punking. This is when a gang leader puts down a member in front of others so that they kowtow to the authority of the gang leader without question. […]

Trump puts down mother of crying baby

Trump put down the mother of a crying baby after he said not to worry about it. He said that she didn’t understand and waved her off with his hand. He also said that the baby was “young, beautiful and healthy… that’s what we like.” What is he referring to in the video? Young women? […]

Explaining Trump’s Appeal, Part 1

by Mike Kimel Explaining Trump’s Appeal, Part 1 The reason Donald Trump has been unstoppable so far is that Republicans, and now Democrats as well, don’t seem to understand what motivates Trump voters.  The single most important driver is, as (almost) always, the economy.  The table below illustrates the problem: Figure 1 As the graphs […]

About That Optimism Thing …

Watching the Democrats’ smoothly staged, potently scripted convention last week, voters could easily think that Hillary Clinton has this election in the bag. The critiques of Donald Trump made devastatingly clear that he’s a preposterous, dangerous candidate for the presidency. The case for Clinton was compelling, and almost every party leader who mattered showed up […]