…programming, versus the kinds of in-depth discussions about issues like climate change, health care, education, the Supreme Court, congressional oversight/checks and balances, tax policy, wealth inequality and income inequality, plutocracy…

…gifts, to ensure fair and equal treatment.  He suggests other measures–such as limiting the home sales capital gain exclusion or requiring mandatory distributions of pension account balances above a threshold,…

…their balances were going up. Trump appointee Wayne Johnson, who ran the federal lending system under DeVos, said that this was closer to 80% just before covid-19 hit.  Also, we…

…argument is based on the assumption that things were fine in 2019 consumer spending by low-income consumers is up“, “cash balances have risen“, “see their incomes rise“. But Summers does not…

…after Monday’s price surge and settled 60 cents lower, as trading in the July oil contract expired with oil priced at $73.06 a barrel, while the more-actively traded August oil…

…as limiting the home sales capital gain exclusion or requiring mandatory distributions of pension account balances above a threshold, that would be reasonable in a MTM context. One difficulty with…

…does not mean they are “wealthy”, and not deserving of loan cancellation. Indeed, the opposite is true.  Their loan balances have exploded. They are owing far more than younger borrowers while having…

…to make complex trade-offs between deaths, the economy, public well-being and constitutional rights. There is not a single right answer for how to proceed. Within the set of legitimate strategies,…

…not affect their nominal income (ask Shiller). This is silly. One can calculate costs of inflation due to reduced real balances (shoe leather costs). They are tiny. The claim that…

…coequal in order to provide checks and balances on one another lest any one of them should become too powerful was the reasoning. Perfectly understandable, given the world of the…