Tag Archives: Journalism

WEDNESDAY, FEBRUARY 21, 2024 Perceptions of inflation vs. wage growth: why the divergence?  – by New Deal democrat My recent travels included visits to cousins and their children on both sides of my family. Without any prompting from me, inevitably the table talk turned to the state of the economy. Rather than Bigfoot the opinions of my relatives, I decided to sit back and listen until they were all done before I weighed in. The most...

Gabriel Boric Is Struggling to Boost Chile’s Meager Pensions, Jacobin, Phineas Ruekert. Dale Coberly on Social Security: Not so long ago (2003) the Liars who want to destroy Social Security in America were bragging about the privatized pension system adopted by Chile.  Many of those liars commented on my posts on AB.  Here is an update. This is what Chile’s great privatized pension system looks like today. Jacobin’s Phineas Rueckert: Zuñiga is...

This is a tough issue if it is the employer. By that I mean, you may have to put up with it if the economy is poor and jobs are few. I have run into similar situations. When the economy turns around, I left. Just said my good-byes and left. No incriminating remarks as to why I left as it may do no good. Indeed, someone from a company may ask them about you and your remarks about the former employer may come back to haunt you. When it involves...

Read a couple of articles this morning. One by Slate and the other by Newsweek. Sneezing away here and not feeling up to par. I am not going to post them here. Just too long, even if I made the print smaller. My perspective? I thought they were both good. Maybe you will think differently. There is sense of evil in both of the articles. Ivanka Trump Instagram: The former adviser to the president has slipped back into her rose-colored bubble,...

One of the most reliable lazy pundit columns Democrats in disarray and the related warning that Democrats have to watch out for the damage done by the McGovern wing of the party. Lazy pundits have a problem as Democrats are in array and only aging boomers such as myself remember 1972 (even older boomer Michael Kinsley noted that it is odd that the party which nominated Richard Nixon isn’t the one constantly apologizing for the mistake they made in...

Who do you work for? The one-handed economist, David Zetland Economists assume that people work for themselves first, i.e., accepting payment (extrinsic motivation) to do something they would not do if they were not paid. But that “model” ignores the role of intrinsic motivation (we do what we like) which plays a role — large or small — in determining where we work, but also how much we are willing to accept to do the work (more intrinsic...

Full article at the link. Last night Prof: Heather Cox-Richardson reporting in “Letters from an American” a comment made by Tucker Carlson to Egyptian journalist Emad El Din Adeeb. Carlson emphasized an equivalency of American leaders to Russia’s Putin. My Letters Take . . . “Every leader kills people . . . Some kill more than others. Leadership requires killing people.”     I can not think of any US president openly assassinating a...

I took the story from a NBC News article written by Kevin Collier, “Parents struggle after Lurie Children’s Hospital cyberattack.” Quelle Surprise as one blogger used to say from time to time. What else is new? This was bound to happen. The issue(s) as I see it, is/are what is the backup(s) to the system? The Story Deborah Land said the outage has caused an infuriating runaround. Her daughter needs bloodwork completed for an appointment...

Is investment spending “spending,” or isn’t it? Steve Roth (@ Wealth Economics) J.M. Keynes’ brief Preface to the French edition of General Theory is sometimes held up as the most concise, cogent, and coherent expression of his economic understandings. It achieves that, but in doing so it also reveals a core incoherence in that thinking. An obligatory nod here to the importance of many pieces of Keynes’ thinking, notably the rather...

Dale Coberly lead-in to his discussion on Social Security is something which has been debated back and forth by politicians, those who wish to cut it, those who seek to end it, and those who have done all of the above such as Andrew Biggs. Social Security for the today’s elderly and those who will retire in the future can be fixed rather inexpensively. Dale, Bruce, and Arne etc. have argued the points extensively on Angry Bear. Dale has given me...