You can’t have everything. Where would you put it? ~Comedian Steven Wright The new economy still plays by the old economy rules. ~Nobel Laureate Economist Paul Romer Wright was half-right, half wrong. Case in point? At the height of post-COVID inflation, every economist west of the Atlantic coastline predicted the Biden administration faced an inevitable … Read more
The Drudge Report called Saturday’s final Des Moines Register poll in Iowa a shocking development. I must disagree. The only thing shocking about this reversal of fortune for Donald Trump is the fact people are shocked. Iowa is ground zero for the perfect storm for Trump’s economic agenda. It can be summed up in four … Read more
Here they go again. Just when you thought the Heritage Foundation “geniuses” at Project 2025 who proposed a two-tier regressive system increasing taxes for lower and middle class Americans while giving the wealthy new and deeper tax cuts, wait until you see their plan to reduce opportunities for early childhood education. Not only do they … Read more
Before January 6, 2021, there was another “big lie.” Republicans repeatedly told us that they are the guardians of the U.S. economy. Yet, according to the U.S. National Bureau of Economic Research, there have been 11 recession since 1953 of which 10 took place during Republican administrations. Consider the following. During the Eisenhower administration (1953-61), … Read more
In his victory speech following the 2016 Nevada primary, then candidate Donald Trump thanked those who made a difference during his campaign including a shout out for one demographic of which he seemed most proud. “We won with poorly educated. I love the poorly educated.” I too would love this segment of the voting population … Read more