Tag Archives: politics

“Job Market’s 2.6 Million Missing People Unnerves Star Harvard Economist,” (msn.com), Ben Steverman  Originally in a comment in this post Discussion on Solutions to Social Security, Angry Bear. The number I had originally calculated was ~2.6 million people joining the Civilian Labor Force. I had said: Since you addressed me, what group is dropping out of the Civilian Labor Force? “To get back to what the Participation Rate was in 2020, 2.0...

Why the Fed’s present rate hike campaign is almost unprecedented – by New Deal democrat Just how unprecedented is the Fed’s current rate hike policy? Since the Fed started actively managing the Fed Funds rate in the late 1950s, only two other occasions are similar. The reason the Fed is hiking rates is to combat inflation. But, as I have pointed out in the past, the post-pandemic Boom is very similar to the immediate post-WW2 Boom. In 1947...

Illumed, Illusion, Ill used one Another commentary done in a unique style by a former Slate commenter Weldon Berger. I had read about the Walgreen’s shoplifting media frenzy elsewhere. If you have been in a Walgreens, you have probably seen the cameras in the ceiling, wide open aisles, “Sparsely Illumed,” Weldon Berger, Bad Crow Review (substack.com) _____________________________________________________ “Where’s the hammer?”...

“GOP Rep. Ronny Jackson Throws Ridiculous Shit Fit Over the Prospect of Losing Gas Stove,” Vanity Fair, Bess Levin I can remember when someone else said something else along the lines of: I’ll give you my gun when you pry (or take) it from my cold, dead hands.” Charleton Heston In his own unoriginal words . . . “If the maniacs in the White House come for my stove, they can pry it from my cold dead hands. COME AND TAKE IT!!.’” Ronny...

COVID endemicity: 100,000+ (mainly needless) excess deaths per year – by New Deal democrat I suspect these updates are going to be much less frequent from now on; for example, if a significant new wave is evident.  That’s because, as we start our fourth year of the pandemic, the good news is that it is far less lethal than it was during its first two years. From March 2020 through March 2021, 500,000 Americans died of Covid. Another 500,000...

by David Zetland (originally published at The one handed economist) I had heard of Douglass, but man oh man, I had no idea of his brilliance. His “Composite Nation” speech is full of wisdom and hope, offering a path to that “shining city on a hill” that Americans have had such a hard time reaching — mostly due to a desire to preserve “tradition” over “progress.” (Listen to this Malcolm Gladwell episode on a segregationist in the 1970s — a...

And the news Media is waking up to this? In December 2022, NPR wrote, “Medicare Advantage plans overcharged Medicare by millions,” Health News : NPR Citing an April 26, 2016 example of US government auditors asked a Blue Cross Medicare Advantage health plan in Minnesota to turn over medical records of patients treated by a podiatry practice whose owner had been indicted for fraud. Medicare had paid the Blue Cross plan more than $20,000 to...

Article Author April M. Short, an editor, journalist, and documentary editor and producer. Presently she is a writing fellow at Local Peace Economy, a project of the Independent Media Institute. Previously, she served as a managing editor at AlterNet as well as an award-winning senior staff writer for Santa Cruz, California’s weekly newspaper. Her work has been published with the San Francisco Chronicle, In These Times, Salon, and many others....

One reason politics is so hard is that our words are often heard by different audiences, and a message that is well-calibrated for one type of listener may work poorly for listeners with different roles, values, or interests. To illustrate:  Phillips O’Brien has a piece in the Atlantic with the headline “Time is on Ukraine’s side, not Russia’s”.  He did not choose the headline, but this morning he defends it.  He argues that it is important to...

“Peter Drucker Sets Us Straight,” January 12, 2004 (cnn.com), Peter Drucker and Brent Schlender This is an oldie from 2004 which still has relevance to what has occurred and is occurring in the world today. Any number of times I have found myself fixing supply chain operations globally for various companies of different countries. Ninety-Four year-old guru says most people are thinking all wrong about jobs, debt, globalization, and recession....