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Wednesday, July 20, 2022
An Urgent Message for the Fed - Don't Get Bullied Into Sparking a Recession The Fed should not pursue a policy that needlessly throws millions of people out of work.
Wednesday, July 20, 2022An Urgent Message for the Fed - Don't Get Bullied Into Sparking a Recession The Fed should not pursue a policy that needlessly throws millions of people out of work.
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Saturday, July 10, 2021
Buying Democracy in a Good Way Democrats can get around a Republican filibuster on voting rights: make it about money. The key problem facing any voting rights measure is that the Republicans are determined to filibuster anything that limits the ability of states to suppress the vote or gerrymander congressional and legislative districts.
Saturday, July 10, 2021Buying Democracy in a Good Way Democrats can get around a Republican filibuster on voting rights: make it about money. The key problem facing any voting rights measure is that the Republicans are determined to filibuster anything that limits the ability of states to suppress the vote or gerrymander congressional and legislative districts.
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Friday, May 7, 2021
Economy Adds Just 266,000 Jobs in April; Unemployment Edges Up to 6.1 Percent The April employment report was considerably weaker than had generally been expected, with the economy adding just 266,000 jobs. Furthermore, the prior two months numbers were revised down by 78,000.
Friday, May 7, 2021Economy Adds Just 266,000 Jobs in April; Unemployment Edges Up to 6.1 Percent The April employment report was considerably weaker than had generally been expected, with the economy adding just 266,000 jobs. Furthermore, the prior two months numbers were revised down by 78,000.
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Monday, April 12, 2021
A Vaccine Summit: Taking the Pandemic Seriously You might think that, after a year in which have seen millions of deaths and tens of millions of infections, and trillions of dollars in economic losses, our leaders would take the pandemic seriously. But apparently, that is too much to ask.
Monday, April 12, 2021A Vaccine Summit: Taking the Pandemic Seriously You might think that, after a year in which have seen millions of deaths and tens of millions of infections, and trillions of dollars in economic losses, our leaders would take the pandemic seriously. But apparently, that is too much to ask.
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Tuesday, March 23, 2021
Are Debt Whiners Fools or Just Liars? The debt whiners are fond of telling stories about how the debt is a burden on our children, or how the debt can lead to financial crisis and other bad things, but these claims are inventions, not economic realities.
Tuesday, March 23, 2021Are Debt Whiners Fools or Just Liars? The debt whiners are fond of telling stories about how the debt is a burden on our children, or how the debt can lead to financial crisis and other bad things, but these claims are inventions, not economic realities.
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Thursday, February 4, 2021
Dealing with a Pandemic as If Human Lives Mattered It's fair to say that the U.S. performance in dealing with the pandemic has been disastrous.
Thursday, February 4, 2021Dealing with a Pandemic as If Human Lives Mattered It's fair to say that the U.S. performance in dealing with the pandemic has been disastrous.
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Saturday, January 30, 2021
The Coronavirus Vaccine Fail and International Elites The vaccine rollout process has been painfully slow in the United States. More than 40 days after the first vaccine was approved for emergency use by the Food and Drug Administration, just over 6.0 percent of our population has been vaccinated.
Saturday, January 30, 2021The Coronavirus Vaccine Fail and International Elites The vaccine rollout process has been painfully slow in the United States. More than 40 days after the first vaccine was approved for emergency use by the Food and Drug Administration, just over 6.0 percent of our population has been vaccinated.
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Friday, January 1, 2021
New York Times Joins Trump's Anti-China Crusade The New York Times reported if China's leadership had responded effectively to the pandemic, it could have been quickly contained and not spread around the world. The biggest problem with this assertion is that there is evidence that the pandemic was already present in Europe before the end of 2019.
Friday, January 1, 2021New York Times Joins Trump's Anti-China Crusade The New York Times reported if China's leadership had responded effectively to the pandemic, it could have been quickly contained and not spread around the world. The biggest problem with this assertion is that there is evidence that the pandemic was already present in Europe before the end of 2019.
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Tuesday, December 29, 2020
Is the Distribution of Vaccines the Biggest Trump Screw Up Yet? Along with massive production of vaccines, they should have been pre-positioned to allow for faster distribution. We should have had major warehouses located around the country so that as soon as the FDA green-lighted a vaccine, it could quickly be delivered to hospitals and clinics in every corner of the country.
Tuesday, December 29, 2020Is the Distribution of Vaccines the Biggest Trump Screw Up Yet? Along with massive production of vaccines, they should have been pre-positioned to allow for faster distribution. We should have had major warehouses located around the country so that as soon as the FDA green-lighted a vaccine, it could quickly be delivered to hospitals and clinics in every corner of the country.
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Saturday, December 26, 2020
Quick Note on the Federal Reserve Board There can be little doubt that Republicans in Congress will do everything they can to sabotage the economy under President Biden. In this context, it is especially important that the Fed has the ability to take the steps necessary to counteract crises that could arise.
Saturday, December 26, 2020Quick Note on the Federal Reserve Board There can be little doubt that Republicans in Congress will do everything they can to sabotage the economy under President Biden. In this context, it is especially important that the Fed has the ability to take the steps necessary to counteract crises that could arise.
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Friday, November 6, 2020
Economy Adds 638,000 Jobs in October, Unemployment Falls to 6.9 Percent The labor market continued to rebound from the spring shutdown, adding 638,000 jobs. The unemployment rate fell another percentage point to 6.9 percent. This still leaves the number of jobs 6.6 percent below the February level.
Friday, November 6, 2020Economy Adds 638,000 Jobs in October, Unemployment Falls to 6.9 Percent The labor market continued to rebound from the spring shutdown, adding 638,000 jobs. The unemployment rate fell another percentage point to 6.9 percent. This still leaves the number of jobs 6.6 percent below the February level.
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Tuesday, September 29, 2020
It's Not Vaccine Nationalism, It's Vaccine Idiocy Evidence of long-term effects may not show up for years. Ideally, researchers would have enough understanding of a vaccine so that they would largely be able to rule out problems showing up years down the road, but we know they do sometimes overlook risks. In any case, the possibility of longer-term problems would still be there with a longer initial testing period.
Tuesday, September 29, 2020It's Not Vaccine Nationalism, It's Vaccine Idiocy Evidence of long-term effects may not show up for years. Ideally, researchers would have enough understanding of a vaccine so that they would largely be able to rule out problems showing up years down the road, but we know they do sometimes overlook risks. In any case, the possibility of longer-term problems would still be there with a longer initial testing period.
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Monday, August 17, 2020
Financing Drug Development: What the Pandemic Has Taught Us The industry acknowledges the value of the research funded by the National Institutes of Health (NIH), and in fact, is the biggest lobbyist for it. But they say that if NIH were to move downstream and actually finance the development of drugs and do clinical trials, they would turn into a bunch of bureaucratic bozos who couldn't do anything right.
Monday, August 17, 2020Financing Drug Development: What the Pandemic Has Taught Us The industry acknowledges the value of the research funded by the National Institutes of Health (NIH), and in fact, is the biggest lobbyist for it. But they say that if NIH were to move downstream and actually finance the development of drugs and do clinical trials, they would turn into a bunch of bureaucratic bozos who couldn't do anything right.
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Tuesday, May 12, 2020
The Pandemic's Catastrophic Hit to the Labor Market There is some good news in this horrible picture, 78.3 percent of the unemployed are temporary layoffs, meaning they expect to get their old jobs back. That won't always be the case, but this is much better than the opposite.
Tuesday, May 12, 2020The Pandemic's Catastrophic Hit to the Labor Market There is some good news in this horrible picture, 78.3 percent of the unemployed are temporary layoffs, meaning they expect to get their old jobs back. That won't always be the case, but this is much better than the opposite.
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Wednesday, April 22, 2020
The Washington Post's Debt Cult The Washington Post is always telling us that debt, especially government debt is bad, very bad. It's not quite sure why or how, but debt is definitely bad. This piece is desperately trying to create a problem where one does not exist.
Wednesday, April 22, 2020The Washington Post's Debt Cult The Washington Post is always telling us that debt, especially government debt is bad, very bad. It's not quite sure why or how, but debt is definitely bad. This piece is desperately trying to create a problem where one does not exist.
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Saturday, April 18, 2020
It's the End of the World Economy as We Know It, Just Like the Great Recession In the case of the United States, it is helpful to have access to producers worldwide rather than being forced to just rely on domestic sources, especially since the timing and severity of the pandemic have varied greatly across countries.
Saturday, April 18, 2020It's the End of the World Economy as We Know It, Just Like the Great Recession In the case of the United States, it is helpful to have access to producers worldwide rather than being forced to just rely on domestic sources, especially since the timing and severity of the pandemic have varied greatly across countries.
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Monday, March 30, 2020
The Relative Generosity of the Economic Rescue Package: Boeing and Public Broadcasting Being the empathetic crew they are, Trump and the Republicans rushed to set aside a nice chunk of taxpayer dollars for Boeing in their big corporate slush fund. Boeing is slated to get $17 billion in loans to help get it through the crisis.
Monday, March 30, 2020The Relative Generosity of the Economic Rescue Package: Boeing and Public Broadcasting Being the empathetic crew they are, Trump and the Republicans rushed to set aside a nice chunk of taxpayer dollars for Boeing in their big corporate slush fund. Boeing is slated to get $17 billion in loans to help get it through the crisis.
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Monday, March 9, 2020
Trump Bears Full Responsibility for Botched Response to Coronavirus in US Presidents always take credit for the positive things that happen on their watch, but Donald Trump has gone to a whole new level. He endlessly touted the "best economy ever," even though, under his watch, we just saw the continuation of trends from the Barack Obama years.
Monday, March 9, 2020Trump Bears Full Responsibility for Botched Response to Coronavirus in US Presidents always take credit for the positive things that happen on their watch, but Donald Trump has gone to a whole new level. He endlessly touted the "best economy ever," even though, under his watch, we just saw the continuation of trends from the Barack Obama years.
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Monday, February 24, 2020
Bloomberg's 2008 Story About the Great Recession Is Still Racist and Untrue The fact that Bloomberg made false and pernicious remarks about the housing bubble in 2008 isn't necessarily disqualifying, but that he was so quick to look in the direction of this blame-the-victim story does not speak well for him. If he is still pushing this line now, in spite of all the evidence showing it to be wrong, then it would be very hard to take his candidacy seriously.
Monday, February 24, 2020Bloomberg's 2008 Story About the Great Recession Is Still Racist and Untrue The fact that Bloomberg made false and pernicious remarks about the housing bubble in 2008 isn't necessarily disqualifying, but that he was so quick to look in the direction of this blame-the-victim story does not speak well for him. If he is still pushing this line now, in spite of all the evidence showing it to be wrong, then it would be very hard to take his candidacy seriously.
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Monday, February 17, 2020
Trump Wants to Inflict Severe Pain on Disabled Community Just Because He Can The "need" to strip benefits from poor and working people to help maintain the lifestyles of the Mar-a-Lago set is one of the fundamental principles of Donald Trump and the Republican Party. The rich always "need" more tax cuts, so when budget deficits get in the way, those at the middle and bottom are just going to have to sacrifice.
Monday, February 17, 2020Trump Wants to Inflict Severe Pain on Disabled Community Just Because He Can The "need" to strip benefits from poor and working people to help maintain the lifestyles of the Mar-a-Lago set is one of the fundamental principles of Donald Trump and the Republican Party. The rich always "need" more tax cuts, so when budget deficits get in the way, those at the middle and bottom are just going to have to sacrifice.
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