The Supreme Court will hear oral argument in the Birthright Citizenship Case, Trump v. Casa, Inc. May 15, 2025. Some history and argument . . . The arguments are not new. The willingness of an Administration to act on them are Jonathan H. Adler During the first Trump Administration, some of the President’s supporters urged him to […]
– by New Deal democrat Now that we have April’s consumer inflation data, let’s update real wages for average American families. In April average hourly wages for nonsupervisory employees increased 0.3%, and aggregate payrolls for nonsupervisory employees increased 0.4%. Since CPI increased 0.2%, in real terms wages (light blue) increased 0.1% and aggregate payrolls (dark blue) […]
I do not believe there is any policy which will be successful when the environment changes like the direction of the wind due to kneejerk reactions of the presidency. Inflation did decrease by one tenth of one percent. But then is 2.3 or 2.4% really high? What has had a greater impact on the economy […]
I was a subject in the Moderna Phase III trial for the COVID-19 mRNA vaccine. It was a placebo-controlled trial: of the 30,000 people enrolled, half received the vaccine and half got the saline control. I ended up breaking the blind by having myself tested independently. I was positive for spike protein antibody, which was […]
Well, he’s Secretary of the Treasury under Trump. But what about the man, not the title? “Bessent, according to an interview in the Yale Alumni Magazine in 2015, never imagined he’d be able to get married as a gay man, and have children via surrogacy. It’s a comment that is quite jarring considering that, a […]
Which of Piketty’s “Rich Get Richer” Theories Matters More? – by Steve Roth Wealth Economics For to every one who has will more be given, and he will have abundance; but from him who has not, even what he has will be taken away. —Matthew 25:29, Revised Standard Version Steve Randy Waldman reminded me recently of this […]
– by New Deal democrat Last month, I wrote that the March CPI report was the one we had been waiting for for the past three years. April’s was the second one in a row. To cut to the chase, there were no major components besides shelter which qualified as “problem children,” i.e., sectors with 4.0% […]
Maybe there is another way the pharmaceutical industry can be forced to lower pricing. They are ignoring both the president and the HHS secretary orders to lower pricing. The industry as it is . . . is untouchable and impervious to the same threats as what individuals and states (see earlier posts) are facing. In […]
A followup to Andrew Sprung’s (xpostfactoid) piece on the impact to individuals. This is one report of many detailing what will happen in one state, the state of Michigan. Multiply this many times over to begin to understand why a Tax Break bill failing to pay for itself (passed under Reconciliation) is not so necessary […]
The impact on individuals . . . Of course, this is maintaining Trump’s 2017 Tax breaks Reconciliation legislation. The 2017 Tax Cuts and Jobs Act did not pay for itself within the 10-year period of time required. Not paying for itself through increasing economic activities left deficits. However, the legislation did favor the upper income […]