“even if Trump’s push to establish authoritarian rule is defeated, it will take many years to recover what we’ve lost.” I have been thinking of this all along. Domestically? Tr_mp has been breaking the nations gains down. What comes to mind is reducing the minimum wage for federal contractors, rolling back rules that strengthening overtime […]
More violence involved with raids on apartment building than on the streets of a city. This is occurring in what is called targeting gang members. What I am reading it is becoming more of a sweep of children and women. Small families who have come to the United States, have lived here for a while […]
Good question by Frum. Some speculation in this piece by Paul Krugman. Trump is or is becoming unpopular. It comes as no surprise to me Tr_mp is fumbling around and going back and forth in his decision making. People are still hurting except for the upper 10%. The key to this is whether Tr_mp can […]
Apparently, the guy who bankrupted casinos has called economics Nobel Laureate Paul Krugman a “deranged bum.” LOL! Trump is pissed at Krugman for criticizing Trump’s tariff policy and firing of the BLS person. “Claiming that economic data you don’t like is fraud perpetrated by a deep state conspiracy has been standard practice on the right […]
What it means if you cut trade with China and Asia. Shipments start to decrease once the announcement is made. The impact is shown in Paul Krugman’s bar chart. I added the numbers in the second chart. Containers also come out of other countries. Keep in mind. One week (minimum) in the port on either. […]
Elon Musk wants to make seniors on Social Security suffer Smears, Sadism, and Social Security, Paul Krugman We often think of Social Security as a retirement program, which it is. Most Social Security beneficiaries achieve that status simply by reaching retirement age. The program also helps Americans with disabilities preventing them from working or limit […]
A follow up to Part I. Brief Intro: The international role of the dollar and how it does or doesn’t affect the U.S. balance of payments. Paul throws in some discussion on the foundational fallacies underlying Trump officials beliefs on trade. “A Balance of Payments Primer, Part II: The Dollar and All That“ – by […]
How Can that Be? It must really bother Trump to know this. And for the US, Trump’s posturing will make the United States Economy even smaller. Is the Sleeping Giant Awakening? Paul Krugman Travel day; in fact, filing from the airport lounge. And I can’t really say that I learned a lot — no conversations […]
We have been needing more people, people of some importance, to say something about the economy besides how bad it is. Mind you, no matter how good the recovery is; the negatives will still flow from the other side of the room. If you have been reading New Deal democrat’s commentary at Angry Bear each […]
PPI and CPI preview: why Paul Krugman’s “Goldilocks” economy is likely to prove “transitory” – by New Deal democrat Sorry for the lack of posting yesterday. Every now and then, real life intrudes and, well, yesterday was one of those days. All of the economic data this week is going to be crammed into tomorrow […]