Here is an interesting (as always) cyber discussion between Brad DeLong and Dean Baker. DeLong asserted (as he often does) that the great recession was so severe because of finance and “clogged credit channels” Baker argued (as he often does) that the decline in house prices alone was sufficient to explain the downturn. In particular […]
It is just not ok to attack a Republican’s Military Service This Sunday, Jack Tapper on CNN “called Republicans who were outraged over attacks on Sen. John McCain’s war record to the table to explain themselves on past attacks on Democrats. Jack reminded the Republicans of their Swift Boat smear of then 2004 Democratic presidential […]
Well Huffington Post has decided to relegate direct coverage of Trump’s daily activities to its Entertainment page even as they will still cover polling etc on their Politics page. So I thought I would kind of hitch a ride on that. But as amusing as all this is to a certain type of smug DFH […]
Today Paul Krugman wrote… Link “Many economists used to think of the labor market as being pretty much like the market for anything else, with the prices of different kinds of labor — that is, wage rates — fully determined by supply and demand. So if wages for many workers have stagnated or declined, it […]
LOS ANGELES (AP) — Brad Pitt and Bill Maher say Costco contributes to animal cruelty by selling eggs from caged hens. Pitt sent a letter to the chief executive of the big-box chain Thursday asking the company to stop selling eggs produced this way. Pitt’s letter to Craig Jelinek says caged birds suffer atrophy of […]
This is just so perfect. Yet again, our comedians have to do what journalist are supposed to do. And, he does it with facts! Considering here in RIland some rich dude (who just died) paid $20 million for the Pawtucket Red Sox (the Boston’s farm team) and has proposed moving it to Providence on the […]
In any event, it’s completely unclear where people will stop in for hamburgers and fries, and where they will buy extremely cheap household items, once the fast food industry and Walmart have ceased to exist because there no longer are Americans who lack the skills and qualifications for good jobs and they’ve all found good […]
The left claims they’re for American workers, and they’ve got lame ideas, things like minimum wage. Instead of focusing on that, we need to talk about how we get people skills and qualifications they need to get jobs that go well beyond minimum wage. — Scott Walker, yesterday Yep, raising the minimum wage and instituting […]