Tag Archives: Trump

By Denis Melnik and Andrés Lazzarini (Guest bloggers) As the first days of Donald Trump’s presidency unfold, the prevalent attitude to his surprising victory among the various breed of the liberal intelligentsia all over the globe is pretty much the same as it was on the morning of November 9, 2016 — that of a profound shock. Apart of purely emotional reactions (ranging from desperate ‘Bernie could have won’ to hopeful ‘Trump will be impeached almost immediately’), this shock reveals...

NEP’s Bill Black appears on The Real News Network. Topic of discussion was that none of Trump’s economic picks – which now include three people from Goldman Sachs – were picked for their knowledge of economics. Video is below. You can view the transcript here.[embedded content] Share this:

Michael Hoexter, Ph.D. In the past week, Donald Trump has with his cabinet choices on energy, environment, and now foreign affairs openly declared war on a stable climate and the future of humanity.  The manner in which he did these now, and soon-to-be more, heinous acts has been revealing about who Donald Trump is and how he can be expected to act in the future on a whole host of issues related and unrelated to climate. While Trump in his campaign gave almost no signs that he had any...

Work for whom? That's what Martin Sandbu (subscription required) asks in the Financial Times. In his view, it might. He cites Ken Rogoff -- of spreadsheet fame -- who also has said that it's a possibility. Sandbu cites Summers doubts on Trumponomics, which are all based on supply side factors, but has very little to say about that.* Like Rogoff, Sandbu thinks that what matters is private investment that matters, meaning demand, and, as it must be in these cases, the confidence fairy...

Michael Hoexter, Ph.D. Listen Donald, Becoming President-elect was a grand coup for you, yet, with the path of climate denial and destruction you are headed on as President, you will be personally responsible for some extremely bad, real impacts on all Americans, even on all human beings, making you and them big “losers”.  It is no longer a matter of you playing a game for yourself in which you might be a “winner” but it means protecting and taking care of the destinies of all Americans,...

This is a really important fact that people don’t talk about enough: McK & IMF: #immigrants (living not where born) account for 3.4% of world pop but produce 9.4% of world output/$6.7tn https://t.co/tcFELcPYid — Linda Yueh (@lindayueh) December 1, 2016 That is a huge gap. Immigrants’ economic output is almost three times their weight as a proportion of the population, a difference that adds up to $3 trillion annually. Why would this be the case? Well, immigrants are typically pretty...

More from the Economists for Peace and Security conference. The macro panel, with Josh Bivens, Nancy Altman, Pavlina Tcherneva, and Stephanie Kelton. [embedded content] EPS Symposium: Policy Challenges for the New US President: Jobs, Wages, Health & Social Security: What's Next? from Thea Harvey.

The working class elephant in the room Upton Sinclair famously said that "it is difficult to get a man to understand something, when his salary depends on his not understanding it." Not understanding the results of this election is what the Democratic establishment is trying very hard to do. Many will continues to say that at the heart of the loss are the misogyny, racism and xenophobia of Trump and his supporters, which is real and problematic, but deny the truth that it was the...

This mainstream Republican repudiation of free trade, open borders and Neoconservatism on Fox News is an historical moment in American history:[embedded content]Just listen to the attack on the neoconservatives here. The fact that the neoconservative Paul Wolfowitz – the architect of the 2003 Iraq war – is probably voting for Hillary is one of those Orwellian moments when people should look from the faces of pigs to humans, and humans to pigs, and see no difference.In another stunning...

By William K. BlackSeptember 2, 2016     Bloomington, MN Donald Trump’s opponents have been having a field day with the latest gift from a Trump surrogate.  One of Trump’s few remaining Latino supporters, Marco Gutierrez, a businessman and founder of Latinos for Trump, made an unintentionally hilarious prediction about how awful America’s future would be if Trump were not elected. “My culture is a very dominant culture and it’s imposing and it’s causing problems,” he told MSNBC. “If you...