Jamie Dimon says lower-income people need more help and he’d ‘pay for it by taxing the wealthy a little bit more’ Fortune Taxing the Rich? If he really wants to help the poor? Allow the tax breaks for individuals in the upper 20% sunset. reverse the tax breaks, and tax income from foreign enterprises. A […]
The single most significant thing Republicans could do to reduce undocumented immigration is to require E-Verify for all hires and jail employers who don’t use it or who hire in spite of it. Why not use this? “At the same time, ordinary economic migrants could be most effectively dealt with via E-Verify. If you make […]
Weekly Indicators for January 22 – 26 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Every now and then the data has a particularly noisy week, and this past week seems to have been one, as a number of – especially coincident – indicators hit an air […]
A long time ago, I was starting to envision how my wife and I might become a burden to our three children. I hooked up with AARP and took out a plan for Long Term Care which would cover us for four years. At the time, this was said to be the limit of life […]
As far as you and I, antics in a court room would not have been acceptable. Trump is begging for a jail cell. Begging so he can claim to be a martyr for his beliefs. No feeding of the chimps no matter how much they jump up and down and toss excrement at you. It […]
This is mainly belated comentary on “How a Ragtag Militia in Yemen Became a Nimble U.S. Foe” I think there are lessons to be learned from the success of the Houthi militia in Yemen. The lesson I learn is the lesson I claim to have learned again and again — most US defence spending is […]
AB: I am cheating and giving you the close to the last line in NDd’s report. You really should read NDd’s report in its entirety. A three minute read? “this month’s report continues to reflect a consumer economy that is doing very well.” December 2023 personal income and spending: Goldilocks is in the house UPDATED […]
Or a Tale of two Pricings for the Same Drug, One for the US and another for other countries. Eventually Medicare is going to get around to negotiating with these ten companies for the ten drugs in question here. As taken from one section of Lever News, I have reposted the finding of those ten […]
Trump’s poor showing in New Hampshire, Robert Reich. Friends, As I noted earlier today, the mainstream media is falling over itself in seeming awe of Trump’s “powerful” campaign. The truth is just the opposite. Last week, he won fewer than 7 percent of registered voters in Iowa. Trump’s success in last week’s Iowa caucuses wasn’t […]
Core capital goods orders, three month average of manufacturers’ new orders both make new all-time highs – by New Deal democrat Before I update this morning’s personal income and spending data, I wanted to briefly note some significant news in yesterday’s report on manufacturers new orders. (I’ll discuss the important leading metrics from the GDP report […]