A lot has been said about building semiconductor manufacturing plants in the US. One plant grows the silicon wafers and the other plant fabricates (fabs) the semiconductors. The manufacture of semiconductors is not labor intensive. Growing wafers is boring business as one engineer told me a decade back. The US did manufacture much of its need domestically at one time (see graph at the left). However, U.S. policymakers held tight to the belief...
Read More »Immigration, Population, Replacement, Politics and the Economy
Just some ramblings of mine after looking at numbers . . . . Immigration, Population Replacement, Politics, and the Economy are what comes together to ensure national growth. I am going to talk each in no particular order to answer my own questions that come up from time to time. Voting patterns continue to change. I started to track three states only because of 2016. I was nosey to see if they were radical in changes. They are not and the...
Read More »What Was in My In-Box
Both Dan and I put this assortment of articles from various sites showing up in our In-Box. Rearranged the articles according to subject. Hopefully, you find something of interest. Democracy “How to confront the growing threat to American democracy,” Tom Nichols – Niskanen Center, In September 1787, an onlooker is said to have asked Benjamin Franklin what kind of government he and the other delegates to the Constitutional Convention in...
Read More »Blue dystopia
I read this over at Hullabaloo, “Blue dystopia” by Digby “The fantasy liberal hellholes red America loves to hate” “The Dystopian Myths of Red America,” New York Times, Paul Krugman Desensitization is an amazing thing. At this point most political observers simply accept it as a fact of life that an overwhelming majority of Republicans accept the Big Lie that the 2020 election was stolen — a claim with nothing to support it, not even plausible...
Read More »Veterans Returning to Homelessness
“Veterans Returning to Homelessness” – Public Health Post, Ann Elizabeth Montgomery | Dorota Szymkowiak | Jack Tsai | Thomas O’Toole Homelessness still occurring is depressing for me as a Vietnam era veteran. It is also not just veterans. I had my own issues taking a couple of years to resolve and I am still not one to be crossed. After fifty years, one might believe it should be gone by now. But then, I had enlisted in another service to a wife...
Read More »Older People now Outnumber Younger People With Student Loan Debt*
That coming from Alan Collinge of Student Loan Justice Org. I have been writing about him, his supporters and followers, his Org. Student Loan Justice, and the government’s response to student loans for a decade now. This is news, facts, etc. about 45 million people in 2022 and not some anecdote. The post title comes from Alan Collinge’s* article in an email to me after I sent him this article, surprisingly originating in the New Yorker....
Read More »Inflation as a Political Power Play Gone Wrong
Dale Coberly found this excellent analysis on economic happenings by Yanis Varoufakis. How did all of this Inflation come about? Certainly, wages have not been outstripping everything else. Labor is going to take a hit eventually. We do have supply chain issues. Much caused by countries shutting down. Companies not maintaining orders to the manufacturers is also a part. Automotive again shoots itself in this manner and blames everything else....
Read More »Media’s ongoing lies about Merrick Garland
“The media’s ongoing lies about Merrick Garland are doing a lot more harm than you think” – Palmer Report, James Sullivan An interesting little blurb on the impact of the latest President Joe Biden administration (Merrick Garland) action reminding hospitals they must do abortions if the mother’s life is endangered. As taken from the Palmer Report. Aside from deliberately lying about the nature of the DOJ’s probe into Jan 6, the media’s...
Read More »Who got rich off the student loan debt crisis?
“Who got rich off the student debt crisis?” – Reveal (revealnews.org), James B. Steele and Lance Williams A bit of a story of how we got to this student loan debt debacle. It is long, tedious, and not exciting. And this is only part of it. In 2016, 42 million people were owing $1.3 trillion in student debt. It is or was a profit center for Wall Street and also the government. I suspect Wall Street still gets its cut from student loans. Their...
Read More »After the Civil War – Reconstruction
Book notes on Reconstruction No economic news of note today, and as usual insufficient Covid reporting over the weekend to make an update of that worthwhile, so let me dig out something from the back burner that I wanted to do for myself. Last year I read Eric Foner’s 600+ page tome on Reconstruction, and this year read a treatment of “Lincoln and the Fight for Peace,” which described his final days and to the extent available his coalescing...
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