Tag Archives: Trump

Trump has been bragging about the stock market's gains, but what we don't hear about is the fact that the US dollar has eroded badly. Since his election the dollar has fallen to a 3-year low.Trump is destroying the US dollar.I called this at the time of the election and I said it was based, at the time, on two things. 1) Trump's  proposed expansion of fiscal stimulus. (More spending and tax cuts.) And, 2) the ongoing rate hike campaign of the Fed, which is inflationary and therefore NOT...

Guest post by Jeff Mosenkis of Innovations for Poverty Action. A quick housekeeping item, if you haven’t seen. Chris migrated his site to new servers so had some downtime this week, but all the content should be back up by now. They’re still getting SSL set up so your browser may warn you that you’re not reading in https yet (so don’t enter your credit card information into the comments till that’s squared away). Jobs: A really interesting feature story and blog posts from the New York...

Guest post by Jeff Mosenkis of Innovations for Poverty Action. A quick housekeeping item, if you haven’t seen. Chris migrated his site to new servers so had some downtime this week, but all the content should be back up by now. They’re still getting SSL set up so your browser may warn you that you’re not reading in https yet (so don’t enter your credit card information into the comments till that’s squared away). Jobs: A really interesting feature story and blog posts from the New York...

Trump may be reveling in the stock market's gains since his election victory, but the dollar is going in the other direction. It is getting killed.When Trump was elected the Dollar Index was at 98. Now it's at 90. Dollar/yen was at 118, now it's at 110. Euro/dollar was at 1.04, now it's at 1.23. British pound was at 1.23, now it's at 1.37. Canadian dollar was at 1.36, now it's at 1.24.Trump has been a disaster for the dollar.What's more, the dollar's fall is still in its early stages. With...

Despite all his tough talk and bravado, Trump is the weakest president in American history. He has lamely, and in record time, become the most malleable puppet of the neocon, military/security state. He is the embodiment of what Eisenhower warned against. Even the meek and thin-skinned Obama wasn't this bad. Obama at least pushed back. sometimes. He had limits. Trump? A total puppet.

A presidential candidate like Donald Trump should not be viable. Candidates he supports should not be viable. The existence of Donald Trump should be a boon for the Democrats. And, in fact, it has been. But it hasn’t been enough. Perhaps four (or eight?) years worth of results will tip the balance for Democrats, but it is reasonable to ask: why have Democrats been coming up short against Trump, both in the Presidential election and in special elections...

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Donald Trump seems to be missing some sort of a regulator that prevents him from simply saying what temporarily happens to be on his mind. That made it inevitable that he would treat his audience to a regular stream of faux pas. However, I think both the degree and severity of the mess may be diminished going forward. The reason has to do with how the Trump administration came into being. Simply put, unlike most candidates, he actually beat both major...

After writing on Venezuela last week, Trump suggested that the US might intervene there. And then the predictable happened, violence and death ensued... in the US. I don't have much to say about what happened in Charlottesville. It is worth noting that even though the city and the University of Virginia are relatively progressive places these days, they do have a long history that ties them to slavery and white supremacy (see this on NPR; h/t URPE blog).*At any rate, it's not surprise that...

Stock on Trumponomics | Michael Hudson Your access to this service has been temporarily limited. Please try again in a few minutes. (HTTP response code 503) Reason: Exceeded the maximum global requests per minute for crawlers or humans. Important note for site admins: If you are the administrator of this website note that your access has been limited because you broke one of the Wordfence blocking rules. The reason your access was limited is: "Exceeded the maximum global requests per...