Mike Norman Economics

Tax receipts to the Federal Gov't show the economy has bottomed out. The worst is over. Trade and invest using the concepts and understandings of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/

Every night in the UK at 8pm people go outside of their houses to cheer and clap for the NHS workers who are on the frontline. But some people wish they would pester the government more to supply enough PPE for the health workers.People around the UK clapped and cheered for key workers, carers and the NHS at 8pm on Thursday, as has become a weekly occurrence while people stay indoors to slow the spread of coronavirus. One doctor banged a pot with a spoon on a roof in Hackney, London, and...

Child hunger in America. Shades of the 3rd world.Reminiscence of the FutureEven Brookings Institution Can't Keep Silent.Andrei Martyanov

George Galloway is tweeting that the Chinese have a safe vaccine for COVID-19, but this is what I found on the Internet. It still has to go through human trails.  One of China's COVID-19 vaccine candidates has proven effective in protecting monkeys from the novel coronavirus, according to a report released on May 6 in Science magazine, in the world's first report on animal trial results for COVID-19 vaccine candidates.  Global Times Chinese scientists release world’s first animal...

Talking points.  The so-called MMT critics need to read more MMT in order to actually criticize MMT. They are criticizing MMT based on straw man arguments. I, too, am getting bored with plodding through it to see if anyone has come up with anything substantial.  Without doing the necessary prep, criticism appears not only unprofessional. In this case, it also leads to the question of whether the criticism is an ideological attempt to control the narrative by influence based on...

Following a two year experiment, the results of a new study show just paying people money with no conditions attached makes them more likely to find work than normal benefits do This article has a more positive take on the Finnish Basic Income experiment. The Daily MirrorUniversal basic income makes people more likely to find work

A U.S. mayor claims he had COVID-19 last November, over one month before China reported its initial cases. If this was really the case, how did he get it and from where? How long ago did the virus start spreading in the U.S.? In this episode of Getting to the Point, CGTN anchor Liu Xin asks the big question! [embedded content]

There is money and power in identifying Russia and cyber attacks as the key security threats facing Britain — but not in addressing the more important issues of pandemics and climate change. Former UK intelligence chiefs are personally profiting from the ‘revolving door’ between government and business, and the public is paying the price. A real conspiracy: Britain's intelligence agencies don't know anything about pandemics or climate change, which are real security threats, because there...

A good critique of the film, Plandemic. I do love that last paragraph. It is exactly why people are prone to conspiracy theories. A good conspiracy theory turns the believer into a hero, a warrior with secret knowledge that none of the other ignorant “sheeple” know, against powerful forces arrayed against him. A good conspiracy theory almost always has a part at the end in which the “people” (in this case, the people believing the conspiracy theory) “wake up” and see what is being...

The conspiracists believe the government is implementing lockdown so that elites can take control and make a lot of money, but the countries which are the most neoliberal, that is, pro elite, were always very reluctant to impose any Lockdown, and now also want to remove them as fast as possible. And why would North Korea, Russia, Cuba, and China participate in this conspiracy? The conspiracists seem unable to think anything through. The evidence is mounting that America is steamrolling...