Tag Archives: Education

When I read this (third article below), I thought of an earlier commentary by one of our peer-reviewed economists. This is what Robert Waldman had to say: “Investors are glad to pay the Treasury to keep their wealth safe. Now consider the US Federal Government intertemporal budget constraint — the present value of spending must be less than or equal to the present value of revenue. What is the present value of revenue ? It is calculated by...

The so-called Gephardt Rule (in honor of Representative Dick Gephardt who introduced its first version) provided that when the House agrees to a budget resolution, the Clerk shall prepare a joint resolution suspending the debt limit for the fiscal year covered by the budget resolution. It was repealed at the beginning of the 107th Congress, which had a Republican majority.The Gephardt Rule reflects the language of the 14th Amendment and would obviate...

Labor has gained since the pandemic, but corporations have been sucking up the lion’s share of those gains . . .  – by New Deal democrat I neglected to add a link to my Weekly Indicators piece at Seeking Alpha on Saturday, so here it is. Also, I’ve been trying to understand why, with all of the long and short leading indicators lined up in almost classic formation, no recession has started yet. I discussed that in another piece at Seeking...

A long and good NYT take on why poverty continues to exist, stays stagnant or continues to grow in one of the richest nations in the world and the most capable of all to end poverty. A good read. “Those who have amassed the most power and capital bear the most responsibility for America’s vast poverty. Political elites have utterly failed low-income Americans over the past half-century. Corporate bosses have spent and schemed to prioritize...

What I like about this Issue-Brief is the use of terminology we see, not knowing what it means, and seeing a description or definition. I have added links so as to do a deeper dive into the terminology. Carefully read, a person can garner an understanding of initial drug costs, intermediate costs, discounts, and what pricing results to the consumer. It is not pretty and reflects much pricing rent-taking over the last two or so years, blaming...

Checking my emails this morning and found this article as taken from MedPage Today listing the JAMA Network Open article. The article was accepted for publication on March 13 of this year. It finally came to be published May 3, 2023. The study has all the credentials of a particular matter. The data coming from PubMed and Web of Science as well as the reference lists of eligible articles. Preprints are included. I did not include the credentials...

April 28, 2023, Letters from an American, Prof. Heather Cox Richardson According to the nonpartisan Economic Policy Institute (EPI), legislatures in at least ten states have set out to weaken federal child labor laws. In the first three months of 2023, legislators in Iowa, Minnesota, Missouri, Nebraska, Ohio, and South Dakota introduced bills to weaken the regulations that protect children in the workplace, and in March, Arkansas governor Sarah...

The History of Earth Day, treehugger.com, Jenn Savedege. The first Earth Day was celebrated on April 22, 1970. The event and which some consider to be the birth of the environmental movement. Founded by United States Senator Gaylord Nelson. Nelson chose the April date to coincide with spring while avoiding most spring break and final exams. Politics Iowa Senate Pulls All-Nighter to Roll Back Child Labor Protections, vice.com, Julia Roscoe. The...

I am not sure I would belong in this particular hell created by a newly elected Ottawa, Michigan County Board. The title (above [in case you forgot where it is]) change (left to right) embraces the newly elected leadership thoughts on how to run a county. The county can be found on the southwest side of Michigan. It includes the cities of Holland where the Tulip Festival is held and Grand Haven. Pretty area, my wife and I would grab lunch on the...

Steve Hutkins discussing EVs and the charging stations. This was one of the arguments leading up to the US Post Offices having EV postal delivery vehicles. If Canada can do it, why not the US. It is a bit more as the Canadian Postal workers unio are talking about the public using their charging stations, high spped internet, low fee financial services, and becoming community hubs. If done in Canada, why not the US? Canada’s postal workers want to...