If you’ve noticed you are paying more these days for milk and oranges, Tuesday’s inflation report is unlikely to surprise you. The report shows U.S. inflation cooling slightly in December. But it also demonstrates how the price pressures consumers actually notice with regard to food, energy, commodities other than the former, and services other than services. You have probably […]
I just finished reading “Zbig: The Life of Zbigniew Brzezinski, America’s Great Power Prophet” by Edward Luce. Brzezinski was born in Poland between WWI and WWII, but he spent most of his life in North America, first in Canada and then in the US, where he eventually became a citizen. He was very successful as […]
– by New Deal democrat On Friday housing permits, starts, and units under construction were finally reported for the first time in four months, since September’s report for August. The bad news is that the report only updated through October, so we are still two months behind. The very qualified good news is that, since […]
A recent piece in the Wall Street Journal . . . Erica York “Do Tariffs Cause Inflation? New Studies Offer Surprising Answer?” The article highlights two economic papers that have found tariffs usually have not led to higher inflation (or only slight pickups), likely because tariffs tend to hurt the economy and reduce demand. If you read my November newsletter, you would not be surprised by those […]
This is a nice piece explaining what is occurring with a small percentage of the US population. There is more to this than what is here. The tax breaks accumulated for those of the upper one percent are the result of Trump’s manipulation of tax laws. For example, Households with incomes in the top 1 […]
A view of the Greenland controversy as seen through the eyes of another country, reported by the Bangkok Post, Thailand. As I read this news article, the Bangkok Post is in a presentation mode and not taking a position. Such could be the result of Thailand’s relationship with the United States. A viewpoint from outside […]
A good read as composed by Jack about Nixon and doing a comparison of Nixon to Trump and foreign policy. Jack is another writer I subscribe to. I usually pull up his old articles so as not to take advantage. We exchange a conversation from time to time. I lived in Michigan for a couple […]
This is kind of stupid. It appears the National Park system is going to charge noncitizen tourists or customers a much higher fee to enter US National Parks. Now why would this be so ignorant? When you think about it, many of these parks are in areas which require some degree of travel. This means […]
According to press reports, the Trump Administration is considering military attacks on Iran. This act of war, like all wars, is likely to have unintended consequences. The myth is that such foreign attacks free domestic opposition to topple the regime (see, e.g., the Bay of Pigs). More often, they only serve to rally citizen support […]
Important piece as written by Joyce Vance rebutting Trump’s Version of January 6: “The Dangerous Revision of Jan 6 History on ‘The Official WH Website’” Civil Discourse with Joyce Vance As I wrote to you last night, five years on from January 6, Donald Trump is trying to rewrite the history of the insurrection. The White House […]