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

Sunday thought: It’s Still Capital vs. Labor, Stupid

Actually posted on Monday, Before I went on to other things in business, I used to consult with Ingersoll Engineers as the MRPII and materials control guru. The main thrust by Ingersoll was Direct Labor in manufacturing was a small portion of the total cost. Materials was the greater cost. Going after the later made […]

Changing News Broadcasting

Could one call this a changing news environment to please political influencers? It sure seems to be swing in that direction. Time will tell . . . “The tragic end of CBS News” Robert Reich Friends, Producer Alicia Hastey departed CBS News Wednesday, saying the work she came to do was “increasingly becoming impossible,” as stories were […]

Bidding a Farewell to Sixty Minutes Freedom of the Press

Just a “wow” moment. CBS News caves to Trump’s demands to remove a discovery segment involving people who were deported to El Salvador prison. This comes after legal input from attorneys. Basically, the government just censured public news about what it is doing. Robert Reich: Farewell to “60 Minutes” ~~~~~~~ The nation is caving . […]

Updating the Jobs Report

Following up on Joel’s earlier commentary on Jobs. Maybe messing with tariffs is not producing the results Trump and the Repubs had in mind? A revision of numbers on Jobs report. “It is difficult to isolate the exact causes of this slowdown, but it’s safe to say that this administration’s policies (like tariffs) have not […]

Regressive Bill? Yes, in All of History

Robert Reich offering up how bad trump’s Big Beautiful Bill is and the havoc it will cause for low-income Americans. One example? The reversal of Biden’s subsidy increase from 600% to 400% FPL by Trump. It will price many families out of the healthcare market. There is more detail here “House Bill and Healthcare,” Angry […]

Divide between Democracy and Oligarchy

“The single stupidest statement about Trump ever made,” Robert Reich RFK Jr: ”Elizabeth Warren or Robert Reich saying that President Trump is on the side of the oligarchs, there has never been a president more willing to stand up to the oligarchs than President Donald Trump.” Friends, I can take only so much sycophantic bullsh*t […]

Prices and unemployment – Up. The rest of the economy adjusting downward

Some old guy handed over a damaged economy in January. The economy was definitely in a failure mode. The economy is heading into very bad weather. Brace yourselves. “Prices and unemployment are heading up. Everything else is going down,” Robert Reich Today, the Federal Reserve decided to leave interest rates where they are, at 4.25 […]

Why Social Security is in the worst crisis since its founding in 1935

Why Social Security is in the worst crisis since its founding in 1935, and what you can do about it, Robert Reich Financial services executive Frank Bisignano, Trump’s pick to become permanent commissioner of Social Security, faced lawmakers this morning in a Senate confirmation hearing. He “guaranteed” senators that he would not seek to privatize […]