Or does he? Economist Tom Palley has an interesting piece up at his site of the same name. Subtitled; Economics for Democratic and Open Societies. I did not post all of it as Tom Palley raises the question early on in his commentary. When does Russia Putin finally says “enough is enough” as they are pushed back by Ukraine? If the news is correct in reporting, Ukraine may have Russia on the ropes in its latest attack. Ukraine’s Hiroshima moment...
Read More »A Perspective: One Evening at the Democratic National Convention August 20, 2024
by Prof. Heather Cox Richardson The Democratic National Committee today released a platform that lays out the history of the last four years and explains how and why the Biden-Harris administration has oriented the United States government toward ordinary Americans. It is in many ways a snapshot of the United States of America in this moment. At the most basic level, it shows how rapidly the political world is changing. Approved on July 16, five...
Read More »Healthcare Costs Expected to Surge at Highest Rate in 15 Years
Forecast of commercial healthcare costs to come in 2025 (MedCity report), what has occurred in the past, and what is expected beyond 2025. Meanwhile Congress is twiddling their thumbs arguing amongst themselves over what is more important to their existence . . . constituents or big business. Interesting too, how the Sadlers are getting themselves off the hook for the Opioid epidemic. They didn’t know? New Survey, employers’ project trending...
Read More »Preliminary benchmark revisions wipe out 30% of jobs growth in the past 16 months
– by New Deal democrat Every month I write about the Jobs Report. But while it is timely, it is only an estimate. There is an actual census of over 95% of all employers that also gets reported, called the QCEW, and it is the “gold standard” of actual jobs growth (or loss). Its two drawbacks are that it is not seasonally adjusted, and it is reported almost 6 months after the end of the quarter it updates. Which is a lengthy introduction to...
Read More »This Is a No-Win Situation
A dangerous maneuver by Ukraine, unless Putin and Russia are willing to capitulate after years of fighting. In any case and over time, Zelensky’s life will be in danger. Putin will be hunting for an opportunity to remove this antagonist. FP This Week – Ukraine Invades Russia On Aug. 6, Ukraine surprised the world with an incursion into the Russian region of Kursk. This upended a growing consensus in Washington and elsewhere that the conflict...
Read More »The Truth About High Prices and Increasing Prices
A bit of The Atlantic’s Anne Lowrey on high prices and increasing prices. The article says there are few or great tools a president has at their disposable. I beg to differ on Annie’s comment. One of those tools a President Kamala has is take the issue to the citizenry making the case many of the high prices do not need to be. They are artificially high because industry can control supply which can drive prices up. This is no surprise the nation...
Read More »Tariffs and Trade
by Joseph Joyce Capital Ebbs and Flows The Republican nomination of Donald Trump as its nominee for President ensures that international trade will be a major issue in the campaign. Trump views trade as a zero-sum game and the existence of U.S. trade deficits as proof that other nations have taken advantage of U.S. openness (= weakness). Tariffs are the primary policy tool to respond to the unfair treatment of U.S.-made goods and even the...
Read More »The Week Ahead: Conventions Past
by Joyce Vance Civil Discourse Twenty twenty-four finds the Democrats nominating a Black woman to run for president. Said another way, a woman will be nominated by a major party as its candidate to be the president of the United States. The first time in our history in either instance. This will all take place in an upcoming convention. Kamala Harris is eminently qualified by virtue of both experience and temperament; if you haven’t...
Read More »What a Surprise . . . Unpaid Invoices in Arizona
People flock to trump venues where he stiffs the municipalities and leaves unpaid invoices. And this is ok for his followers? Unpaid invoices could keep Trump rallies at smaller Arizona venues By Camaron Stevenson Copper Courier After the Harris-Walz presidential campaign’s stadium-filled rally in Glendale, Arizona, last week, Trump supporters in the state may wonder when they’ll see a similar event for their candidate. Problem is . ....
Read More »Collection of Articles Accumulated Over the Last Few Days
GOP’s attack on Americans’ retirement savings just went to the next disgusting level, Opinion, Alternet. “To protect older Americans’ life savings, President Biden pledged in October to crack down on financial advisers who recommend investments just because they pay higher commissions. Then the insurance industry got to work.” Explained: The Controversy Over Tim Walz’s Military Service, Snopes. The claim that Walz “abandoned” his...
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