Tag Archives: US/Global Economics

From the New York Times comes this information on the nature of immigration in California. Mr. Trump’s immigration policies could transform California’s Central Valley, a stretch of lowlands that extends from Sacramento to Bakersfield. Approximately 70 percent of all farm workers here are living in the United States illegally, according to researchers at University of California, Davis. The impact could reverberate throughout the valley’s precarious...

by Linda Beale Trump Administration Plays Havoc with Education–and your tax dollars Betsy DeVos was confirmed as Secretary of Education in a Senate vote that had every Democratic Senator voting against her, along with two brave Republican Senators (Lisa Murkowski, Alaska; and Susan Collins, Maine).  Thanks to those no-voters who showed integrity.  Regrettably, the vote created a tie, broken in DeVos’s favor by Trump’s Veep, Mike Pence.  Note that the result...

by New Deal democrat In case you thought Trump was imploding . . . For those of you who may be cocooned in the liberal blogosphere, I’m afraid I must administer a cold slap in the face. Here is the graph of Gallup’s Economic Confidence Survey from its inception nearly 10 years ago.  Notice that spike to new highs right at the end? Let’s zoom in for a closer look, as in the last 3 months: The first surge of +10% in confidence happened right after the...

From the Wallet Hub a beginning look at the impact on US: With President Donald Trump’s plans for financing the soon-to-be-constructed border wall with Mexico sparking concerns about a possible trade battle between our two nations, the personal-finance website WalletHub conducted an in-depth analysis of 2017′s States Most Affected by Trade War with Mexico. In order to gauge the impact of the economic fallout with Mexico on individual states, WalletHub’s...

by Linda Beale GOP Senators fight facts: won’t hear Coretta Scott King’s views of Attorney General nominee Sessions GOP obstructionism is back again in full form.  This time, instead of voting over and over again to eliminate affordable health care (Obamacare) for the 20 million Americans now covered by the health reform act or declaring that they will not perform their duty to even hold a committee meeting on President Obama’s Supreme Court nominee, they are...

by Linda Beale Trump Administration Plays Havoc with Voice of America Did you know that the Republicans inserted a change to the administration of the Voice of America (VOA) network in the December military authorization ‘must pass’ bill?  The VOA has always been administered by a bipartisan broadcasting board of governors–distinguished nonpartisan media experts.  The change was to have the $800 million budget Voice of America run by a CEO appointed by and...

Focus Economics now lists Angry Bear in the A list. (Instead of The Angry Bear)

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Prof. Brad DeLong in an article earlier this week made a bold claim:  that “US trade agreements have not substantially harmed manufacturing employment. Period.”    I am making the equally bold claim that he is wrong.  There are at least two major points in his article that I believe are plainly incorrect. First, in making his case that US manufacturing jobs have disappeared because of efficiency and the strg dollar, Prof. Brad DeLong invokes comparisons to Germany.  Let me quote him at...

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