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

No, Christianity is not under attack in the US

“On Tuesday, Attorney General Pam Bondi hosted an inaugural meeting of a task force consisting of other members of President Donald Trump’s cabinet, to discuss its mission to eradicate alleged “anti-Christian bias” within the federal government.” LOL! This is just propaganda. There is no “anti-Christian bias” in the US government. In fact, there is a […]

The economics of Trump lawfare

The Trump Administration is weaponizing tax-exempt status to punish its political enemies and enforce viewpoint discrimination. It’s illegal, but can it work? Here’s Josh Marshall over at TPM: “It seems unlikely that these moves would hold up in court. And the organizations are highly likely to sue. But this gets at a critical dimension of […]

Trump Administration to food banks: “Let them eat nothing”

The Trump Administration cuts $1 billion from food banks in order to fund tax cuts for the 1% and corporations. “Food banks across New England are scrambling after the Trump administration this month cut some $1 billion from programs that help them obtain food for distribution, increasing concerns about meeting demand when hunger is already […]

The Stasi comes to the United States

The former German Democratic Republic (“East Germany”) was a police state in which neighbors spied on neighbors and family members spied on one another. If you were named by a friend or colleague as a potential subversive, the Stasi—the secret police—would arrest you and you could be imprisoned for years on trumped-up charges. After your […]

New Administration and the return to an Inflationary Era

 – by New Deal democrat I don’t normally discuss movements in the stock and bond markets, but occasionally there are important paradigm shifts that can tell us a lot about the economy, and the last few months have been one of those times. The Federal Reserve began to cut interest rates on September 18th. What […]

The economics of deportation

The Trump administration is threatening to deport >10 million people. These are people who, regardless of their immigration status, are contributing to the economy and jobs by purchasing goods and service (“job creators”) and contributing to social programs like Social Security and Medicare. Indeed, if they are undocumented, they will never see benefits to the […]