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Archive of Articles in the "Economics" Category

Friday Talking Points -- Dragging Up Dead Racists

[ Posted Friday, June 21st, 2019 – 17:49 UTC ]

Joe Biden drew a huge target on himself this week, with his comments on getting along with stone-cold racists in the United States Senate. Conservative commenter Ana Navarro perhaps best summed up Biden's error, criticizing him for "dragging up these dead racists instead of talking about the live racists."

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Biden's Bad Week

[ Posted Thursday, June 20th, 2019 – 17:19 UTC ]

Joe Biden is having a bad week, at the precise time when all the other Democrats running for president really needed him to stumble. With the first debates now less than a week away, Biden has handed his opponents a number of openings for them to directly attack him -- which, no doubt, some of them will exploit on stage next week. And Biden has no one to blame for this state of affairs but himself.

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Friday Talking Points -- Debate Slate Set

[ Posted Friday, June 14th, 2019 – 17:51 UTC ]

We have to begin by first ignoring all the rampant criminality spewing forth from the White House -- just for the moment, mind you -- to concentrate instead on looking forward, not back. Because we're less than two weeks away from the first round of Democratic 2020 presidential primary debates, and the Democratic National Committee just announced the lineup for the two nights.

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Trump Already Lying About His Own Campaign's Dismal Poll Numbers

[ Posted Wednesday, June 12th, 2019 – 17:24 UTC ]

What do you do when reality doesn't match up with how you'd like things to be? For most of us, we either pursue some form of escapism (binge-watch television, drink to excess, book tickets to the International Space Station, etc.), or we just knuckle down and admit that reality can be a real bummer at times. Hey, that's life, right? But for Donald Trump, the easiest response is to just go right ahead and attempt to redefine reality into what he'd like it to be. After all, if millions of his followers can be hoodwinked into believing something that is patently false just on his say-so, then that gives it a sort of reality all on its own, doesn't it?

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Trump Flim-Flam Act Wearing Thin

[ Posted Tuesday, June 11th, 2019 – 16:49 UTC ]

Donald Trump has one go-to tactic in what passes for his political toolbox: personally create a crisis, rail loudly about it and make threats, and then "solve" the crisis and claim it was the biggest victory of all time. He's used this tactic over and over again, and he really doesn't care who pays the price for his political flim-flam job -- Dreamers, farmers, manufacturers, consumers, or anyone else. But an interesting thing just happened with his most recent deployment of flim-flammery: absolutely nobody bought it this time around. The media didn't fall for it and the public certainly didn't fall for it. Maybe this boy has cried "Wolf!" once too many? Because it certainly feels like something has changed.

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Democratic Field Warms Up For The Debates

[ Posted Monday, June 10th, 2019 – 17:43 UTC ]

The field has been set, the cattle calls have begun, and the first debate round is looming on the horizon. In other words, the 2020 Democratic presidential nomination contest has moved into a new phase. If the polls can be believed, the people of Iowa are once again taking their "first in the nation" status seriously, and have begun examining the candidates much more closely than voters in other states. That should come as no surprise, since almost all the candidates are now investing heavily in doing well out in corn country. At least, the ones who have raised enough money to invest heavily in any state, that is.

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Friday Talking Points -- Something's Wrong From The Moon

[ Posted Friday, June 7th, 2019 – 18:00 UTC ]

Well, we certainly never thought we'd use that particular lyric as a headline, but it's just too tempting to pass up this week. Because President Donald Trump just tweeted the following bit of wisdom:

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President Madman Threatens New Trade War

[ Posted Wednesday, June 5th, 2019 – 16:49 UTC ]

Even Richard Nixon never dreamed that his "madman theory" tactic would become the entire playbook for a United States president on any foreign policy issue, but that's where we now find ourselves, apparently. Nobody -- including even his own closest aides -- has any idea what Donald Trump is about to do next. Will he slap a five percent tariff on Mexico next Monday, or is it all just a big bluff to increase his leverage in trade talks? Nobody knows. White House aides say one thing, and the president then contradicts them within hours. Then they say something different, and Trump contradicts that, too. Sometimes Trump seems incredibly determined to levy a new tax on imported Mexican goods no matter what the outcome, and sometimes he seems like it's all just a giant ruse. Welcome to "madman trade theory," in other words.

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California Moves To The Front Of The Line

[ Posted Tuesday, June 4th, 2019 – 16:37 UTC ]

The 2020 Democratic primary calendar has experience a shift of Biblical proportions since this time around "the last shall be first," at least out here in California. I know that's not entirely accurate, but it's close enough. In 2016, California was one of the last states to hold its primaries, on June 7. This time around, the guaranteed early-voting states (Iowa, New Hampshire, South Carolina, and Nevada) will technically be first, but California will now be among those states in the "first among all the others" category, voting on Super Tuesday in early March. Since California is somewhat of an 800-pound gorilla when it comes to the sheer number of delegates, this is going to shake up the campaign strategies of all the Democrats running. Whether that's a good thing or a bad thing is open to interpretation, though.

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Friday Talking Points -- Mueller Speaks, But Not Quite Clearly Enough

[ Posted Friday, May 31st, 2019 – 18:03 UTC ]

Robert Mueller broke his two-year silence this week, as he strode boldly to the podium and loudly announced: "ITMFA!" and then withdrew. 'This caused the term to spike in Google searches to a level never seen before on any subject, ever.

Well, no. That's not what happened. Many now think that's what should have happened, but unfortunately it did not.

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