Dean Baker considers whether Trump’s group of supporters would be able to manipulate the bureacracies of the federal government to alter the economic outlook of the nation in a more expansive way than Larry Kudlow and others, but the data itself ( if that is even needed?) He says not likely, but how creative would one need to be? Dean Baker wonders out loud… Would Trump Try to Manipulate Economic Data Before the Election? I talked to a reporter last week...
Read More »Has 21st century conservatism contributed anything useful at all ?
(Dan here…lifted from Robert’s Stochastic Thoughts) by Robert Waldmann Has 21st century conservatism contributed anything useful at all ? This is a question I haven’t asked myself. I have long looked for reasonable and reasonably honest conservatives. It is frustrating, because I have found many, but few are still conservative. I don’t want to get distracted from my distraction; but there is a pattern of me finding a conservative whom I consider...
Read More »How to Achieve Shorter Working Hours
I have great pleasure in presenting this report on shorter working hours, which John McDonnell asked me to prepare, and which I have written with the valuable assistance of Rachel Kay. I accepted John’s invitation because shorter working hours is something I believe in. In fact, I wrote a book with my son, How Much is Enough?, which made the case for reducing the burden of work as part of the good life. The philosophy of this Report is quite simple. The advance of technology – the...
Read More »I get Ruthless With David Leonard
(Dan here…lifted from Robert’s Stochastic Thoughts) by Robert Waldmann I get Ruthless With David Leonard David Leonard picks cherries in a generally good op-ed. I agree entirely with his general conclusion that Democrats should run a populist campaign (no triangulation — he should have noted that Clinton ran on raising taxes on the rich and cutting taxes on the middle class in 1992 — he was a populist before he was a triangulator). He also says don’t...
Read More »Healthcare News PBM Profits, Expensive Drug(s), Food Protein, and the Opioid Scam
“Cigna gets major boost from Express Scripts in Q2,” Robert King, FierceHealthcare, August 1, 2019 And some claim PBMs do not matter in the cost of healthcare? Cigna healthcare insurance generated ~ $38 billion in revenue the second quarter 2019 and a major increase due mostly to a merger with pharmacy benefit manager (PBM) Express Scripts. According to company financial results released Thursday, Cigna’s pharmacy services business generated $23.5...
Read More »Sharp Wits
(Dan here….some sharp humor for Sunday) I made something in honor of #sharpiegate. Enjoy. pic.twitter.com/vTm6KPaFAt — Sam Spiegel ? (@UNSEATpac) September 5, 2019
Read More »Trump: When Reality TV Becomes Reality
Trump: When Reality TV Becomes Reality The New York Times has an excellent dissection today of the Trump presidency as a reality TV show that has managed to set up shop at 1600 Pennsylvania Avenue, written by its chief TV critic, James Poniewozik. His op-ed digs down into the props and story line of “The Apprentice” and how its tone evolved over its 14-year lifespan. He places it nicely within the ecosystem of post-Survivor entertainment and the...
Read More »Letter: The UK’s failing economic model demands such bold ideas
Below is the text of a letter to the editor of the Financial Times, signed by Lord Skidelsky alongside 81 other signatories, and published on 6th September 2019. Your series of articles exploring the Labour party’s economic agenda fails to appreciate the severity of the UK’s current economic condition, and reproduces a number of misconceptions. There is growing political consensus that the UK’s economic model is failing. The economy has been performing badly for more than a decade....
Read More »Labor Day
I was doing my usual reading in the internet world and ran across this comment to another commenter who claimed Labor Day is a made up holiday. A lot of history in this reply: “‘A made-up holiday that never had a great basis for its existence?’ How about the Ludlow Massacre where 57 miners were killed by Rockefeller guards that set fire to miners tents even though they were on private property? Their union leader was held by two militia members and shot...
Read More »What’s wrong with MSM Opinion Pages ?
This is today’s topic largely because of an op-ed by Bret Stephens which is widely considered to be absolutely horrible. I haven’t read it. I want to bloviate about the issue and not just because I envy op-ed columnists. I will write after the jump, because I don’t have anything to say really. OK I have nothing to say at great length on two topics. One is what is wrong with high status main stream commentary, and one is what could be done better . My...
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