The End Of Special Fiscal Stimulus A week ago a two week long negotiation between Dem Congress people, Nancy Pelosi from the House and Chuck Schumer from the Senate and Treasury Secretary Steve Mnuchin, who cut deals with Pelosi and Schumer three times earlier this year, but now Trump’s Chief of Staff, former Freedom Caucus leader in the House, Mark Meadows, notorious for only destroying deals and never making any. And in this case, all the reporting is...
Read More »RFL: Mark Jamison, Trump vs. The USPS & the Importance of Mail-In Voting
Contributor to Save The Post Office and Angry Bear blogs, Mark Jamison was interviewed and featured on Richard French Live, also can be seen on Meet the Press hosted by Chuck Todd, and later CNN. In this RFL YouTube, Mark gives all the reasons why we should be concerned with trump and Louis DeJoy tampering with the USPS and mail-in ballots.[embedded content]President Trump has been attempting to sow the seeds of doubt before Election Day without evidence...
Read More »Now
WWII was America’s finest hour. Before that, her multitude of sins had always been covered up by her bounty of natural resources, her yet unsettled land, … her offer of opportunity. There was room to grow, chances for people to start over, … In the lead up to, and during, the War, America stepped up. Then, the situation was well defined. Usually, it’s hard to discern what is going on at a given time; what is going on ‘now’. Before the War, we sometimes...
Read More »Trump ally Louis Dejoy Making ‘high-risk’ changes at USPS
“Trump ally making ‘high-risk’ changes at USPS, says former postal service deputy,” The Guardian, Sam Levine, August 12, 2020 I received a message from former NC Postmaster Mark Jamison and Angry Bear contributor about a brief interview he did with The Guardian for part of its story on the changes being done at the USPS by the new Postmaster General. A former top official at the United States Postal Service (USPS) has warned about recent Louis DeJoy...
Read More »Lebanon’s Leaders Resign over deaths of 200, but Trump refuses Accountability for 163,462 Deaths
Prof. Juan Cole, the Richard P. Mitchell Professor of History at the University of Michigan, Ann Arbor is also the founder of the blog Informed Comment. Professor Cole writes on international issues. Angry Bear has featured Prof. Cole from time to time. “Lebanon’s Leaders Resign over deaths of 200, but Trump refuses Accountability for 163,462 Deaths;” Informed Comment, Juan Cole, August 11, 2020 Ann Arbor (Informed Comment) – On Monday, the prime minister...
Read More »July inflation consistent with early recovery; no compelling evidence of wage deflation
July inflation consistent with early recovery; no compelling evidence of wage deflation Yesterday morning July consumer prices were reported to have increased 0.6% for the second month in a row (as did core inflation, ex-food and energy): As a result, YoY inflation has increased to 1.0%: The widespread price increases are signs of increased demand, which in these circumstances is a good thing. In the past, deflationary recessions, most notably...
Read More »Donald J. Harris And His Daughter Kamala Harris
Donald J. Harris And His Daughter Kamala Harris Now the Democratic candidate for Vice President of the United States, a historic pick, no matter what one thinks of her, and I know quite a few people on the left and Dems more generally who are not fans of hers, although many observers think she may be the strongest VP candidate for Biden to beat Trump and Pence, and I am looking forward to her tearing current VP Pence to shreds in their debate. Anyway,...
Read More »The rational self-interest theory of politics meets Donald Trump
In a semi-rational world, Trump and Senate Republicans would have agreed to a reasonably generous economic relief package along the lines of the HEROES Act approved by the House. Without an extension of the special pandemic unemployment benefits and aid to state and local governments, a humanitarian disaster is inevitable and a macroeconomic disaster a real possibility. Trump’s executive orders are grossly inadequate to prevent mass homelessness and...
Read More »Why It’s All Dr. Fauci’s Fault
Photos emerged last week of students, with very few wearing masks, in a crowded hallway in North Paulding High School, in Dallas, Georgia. Dallas, about 45 miles NW of Atlanta, is in Paulding County. Last week, Paulding County recorded 214 new cases of COVID-19 and an infection rate of 1,036 per 100k population. Nearby by Fulton county, home to Atlanta, had 1789 new cases and an infection ratio 1,922/100K. According to a CNN story, a sophomore student...
Read More »Healthcare Workers Union Pushing Medicaid Expansion
Oklahoma If you remember, I wrote about Oklahoma squeaking through its own initiative to expand Medicaid for low-income people. In theory, the state will be in the driver’s seat (mostly) in deciding how much money it will allocate to the program rather than the Federal government. Political interests will have a difficult time killing Medicaid without another ballot initiative to override what The State Question 802 initiative was passed by a margin of...
Read More »