Weekly Indicators for March 23 – 27 at Seeking Alpha by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. As you might expect, almost all of the “hard” indicators have crashed. What sticks out is that consumer spending, as measured by chain store sales, has not – even though one week […]
The Covid-19 epidemic is creating a painful dilemma for policymakers. On the one hand, we need to practice social distancing to keep people healthy and to prevent our hospitals from being overwhelmed. Unfortunately, this strategy is causing a severe economic contraction as people avoid contact with others. An ideal response to this dilemma would have […]
Alan Collinge of the Student Loan Justice Org. has a petition supporting the cancellation of Student Loan Debt. If we can bail out corporations again, why not bailing out people with excessive student loan debt? The student loan justice.org is counting on you and needs your help with “President Trump: Cancel Student Loans NOW.” Join […]
Coronavirus dashboard for March 28: testing falls further behind- by New Deal democrat Here is the update through yesterday (March 27) In order to succeed in containing the pandemic, I believe that the US needs 2 weeks of China (nearly complete lockdown) followed by at least a month of South Korea (very aggressive and widespread […]
Coronavirus dashboard for March 27: (unsurprisingly) voluntary distancing appears to be failing Here is the update through yesterday (March 26) In order to succeed in containing the pandemic, I believe that the US needs 2 weeks of China (nearly complete lockdown) followed by at least a month of South Korea (very aggressive and widespread testing). […]
“Robbie Robertson Plays ‘The Weight’ With Ringo Starr and Musicians Across Five Continents,” RollingStone, September 2019 A little music to soothe the mood during troubled times. Click on Read More! Enjoy . . . Hat Tip Claude Scales, Slate Magazine, Best of the Fray 2007
I’m not even going to try to organize this post. I am in self quarantine 6 days after having either the mildest cold I can remember or a mild case of Covid 19 (this means alone in an Air BnB away from my family too). The pattern is the same I have read about countless […]
This came up on the radar this morning. PROVIDENCE, R.I. (AP) – The American Civil Liberties Union of Rhode Island is questioning the constitutionality of Gov. Gina Raimondo’s directive allowing state police to stop vehicles with New York license plates to collect information from drivers and passengers in an effort to slow the spread of […]
I just received this as a text from an ICU worker in a medium size hospital not in NY, CA, Washington, Illinois, nor Louisiana. Mobile morgue
The USA is about to experience the largest fiscal policy shift since World War II. The House is debating whether to add $ 2,200,000,000,000 to the Federal Budget Deficit (counting loans as if they were expenses because that’s what they do). There appears to be a near consensus as all are speaking in favor. It […]