Most recently, Rep. Brian Higgins (D-NY) gave his support for Pelosi for a major infrastructure bill early in the next Congress and a commitment to let Higgins lead the charge on a proposal to let Americans buy into Medicare at age 50. I am hoping they design the Medicare buy-in as it is not cheap […]
House Democrats are Backing off on Nancy Pelosi
NYT video series on Fake News. Worth the watch
I had heard about a video series on NPR’s Fresh Air regarding the origin and current issue with the concept of Fake News via Russia. You can listen and read the interview of the author, Adam Ellick here. There are 3 videos of 15 to 17 minutes each. The series is titled: Operation Infektion, Russian Disinformation: […]
October housing permits and starts flat vs. trend
October housing permits and starts flat vs. trend This morning’s report on housing permits and starts will do nothing to stop the now-received wisdom that higher interest rates, higher prices, (and the impact of the cap on the mortgage tax deduction) has caused this most important cyclical market to cool. On the other hand, they […]
District Federal Court Rips Administration on Census
I have had enough court time to last a life time. While mine was not fun and it was a battle, this I find hilarious. It is a well placed shot across the bow of someone who believes they are impervious to society, the courts, and morality. The census case arrived in front of Manhattan […]
Good payroll reports will probably continue until next spring
Good payroll reports will probably coninue until next spring One of my continuing mantras over the years has been that spending leads hiring. It is simply demonstrable fact that, going back over 50 years, upward or downward changes in trend in consumer spending as revealed by retail sales, happen before similar changes in trend by […]
Open thread Nov. 20. 2018
Why Free Public Higher Education Is Not a Sop to the Upper Middle Class
Why Free Public Higher Education Is Not a Sop to the Upper Middle Class Lots of bad op-ed stuff gets published in the New York Times and other mass circulation outlets, so I usually give it a pass, but today’s attack on free higher education by David Leonhardt is about my day job, so I have to […]
I disagree with Jennifer Rubin
(Dan here…lifted from Robert’s Stochastic Thoughts) by Robert Waldmann I disagree with Jennifer Rubin Conservatives object to the Washington Post defining never-ever-ever Trumper Jennifer Rubin as a conservative. Reflecting, I had to admit that I hadn’t disagreed with anything she wrote for months. Now, finally, I do. But, sadly, this isn’t evidence that she is […]
Solow on Friedman’s 1968 Presidential Address and the Medium Run
Mark Thoma had this up on Facebook. and pulled this from Tim Taylor’s Conversable Economist. It is an interesting read. “Fifty years ago in 1968, Milton Friedman’s Presidential Address to the American Economic Association set the stage for battles in macroeconomics that have continued ever since. The legacy of the talk has been important enough […]
