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

You searched for: label/great stagnation

The Legacy

…was a self-anointed great businessman who in fact didn’t know the difference between an expense and an investment. That he is completely amoral, simply incapable of distinguishing right from wrong….

February 2025 Economy Review

…context, here is the 50 year historical YoY record in real spending on goods up until the Great Recession: In each case, there was sharp deterioration YoY close to or…

The Courts

…Congress delegated a great deal of authority to the president under the law. All good things from FDR’s point of view, but not from the Courts. The federal government’s authority…