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Tag Archives: politics

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...

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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...

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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,...

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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...

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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...

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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...

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Elites versus the public on renaming army bases

According to the Washington Post: Half of Americans oppose renaming military bases currently named after Confederate generals, while 42 percent support the changes. Once again there is a significant partisan split, with 81 percent of Republicans and 50 percent of independents opposed and 66 percent of Democrats in favor. A majority of Americans ages 50 and older are opposed to any renaming, while a plurality of those under 50 support the change....

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Team Trump on Susan Rice as Biden’s Running Mate

Team Trump on Susan Rice as Biden’s Running Mate Next to Joe Biden, Susan Rice may be the most qualified person to lead our nation back from the utter disaster created by allowing Donald Trump to pretend to be our President. So what is this from the camp of the Liar-in-Chief? Trump’s aides and allies accuse Rice — without delving too deeply into the evidence — of helping cover up crimes for two of the president’s favorite foils, Barack Obama and Hillary...

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July jobs report: a very good *relative* gain – perhaps the last

July jobs report: a very good *relative* gain – perhaps the last HEADLINES: 1,763,000 million jobs gained. Together with the gains of May and June, this makes up about 42% of the 22.1 million job losses in March and April. U3 unemployment rate declined -0.9% from 11.1% to 10.2%, compared with the January low of 3.5%. U6 underemployment rate declined -1.5% from 18.0% to 16.5%, compared with the January low of 6.9%. Those on temporary layoff decreased...

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Necessity of America

If not the US, who? In order to get it right, it is so important that we know what is going on now. In the midst of a pandemic, overpopulated, ever more marginalized by Global Warming, beggared with inequality, and sorely lacking leadership; the world is indeed going to hell in a handbasket. Take a look: An index of Fragile States: https://en.wikipedia.org/wiki/Failed_state#/media/File:Fragile_State_Index_2018.png...

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