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

From sufficiency to planned obsolescence … and back?

by Tom Walker Econospeak Book proposal: Marx’s Fetters and the Realm of Freedom: a remedial reading — part 2.6 From sufficiency to planned obsolescence… and back? In the Grundrisse, Karl Marx argued that capital’s response to the barrier to increasing production posed by satiated consumption took three paths: promoting greater consumption of existing products, expanding […]

Further on why the big increase in immigration has been distorting the signal from the ‘Sahm Rule’

 – by New Deal democrat AB: What does the Sahm rule signify? If the three-month moving average of the jobless rate rises by at least a half-percentage point from its low during the previous 12 months, then a recession has started. NDd; In my summation of Friday’s employment report, I wrote that “[t]here will probably […]

Why Do Democrats Eat Their Own?

The title is mine. I am wondering why Democrats are so willing to self-destruct. Here we are again, shades of 2016. Some claiming they will vote for others, the Greens, Libertarians, Socialists, Mickey Mouse, Donald Duck, the family dog, etc. Do we hear much from the Republican constituents about Trump’s very apparent idiosyncrasies? Rare and […]

Unlawful Pricing Practices by a Major Corporation

Walmart Fined $1.64 Million by NJ for Unlawful Pricing Practices, New Jersey Digest New Jersey has fined Walmart Inc. $1.64 million for repeated violations of state pricing laws. The penalty follows an investigation that revealed Walmart’s pricing discrepancies made comparison shopping difficult for customers. New Jersey’s Division of Consumer Affairs found that Walmart frequently displayed […]

Comparing Each Candidates Healthcare Policies -Election 2024

I was unable to get all of a candidate’s healthcare policies in one place in some cases. You will see where I said so as stated “More on . . .” If you need the entire list for a candidate or both, I have included the links to the article and on each where the […]

Trump is Project 2025

Fresh off Robert’s substack. I do not believe he likes me too much as I am all over everything said from time to time. I do not get the “friends” bit either. With Trump, this is war and he has to go. Some of his supporters will be disappointed when he turns on them. Meanwhile […]

Misspelling the Topic and Point of your Attack

One has to wonder whether the misspelling is purposely done to attract attention or is a true misspelling of dementia. If you can not spell it correctly, how can you accuse a successful president who sidestepped a pandemic, kept a nation going during the pandemic, and has many other accomplishments over the past years. Pennsylvania […]

Washington Post Doesn’t Have Access to Data on US Energy Production?

by Dean Baker Center for Economic and Policy Research That’s what readers must conclude after reading this Washington Post’s piece on President Biden’s plans to increase corporate taxes and taxes on the rich. At one point, the piece reports the response to these plans from Rep. Steven Scalise (R-La), the second-ranking Republican in the House: “He tries […]