[ Posted Friday, March 7th, 2025 – 18:57 UTC ]
While the biggest political spectacle of the week was the president's big speech to Congress, the biggest political news of the week was actually the American economy reacting to Donald Trump's on-again-off-again, now-you-see-them-now-you-don't tariffs. The whiplash began at the start of the week and hasn't fully subsided yet. Taken together with all of Trump's other disruptive wrecking balls, economists are now starting to talk about the possibility of an upcoming "Trump recession."
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[ Posted Thursday, March 6th, 2025 – 16:49 UTC ]
Is America headed for a "Trump recession" already? Economists are starting to get worried. So are consumers. And the stock market has been in a deep dive ever since the tariff threat became real this week. So the possibility now exists -- we could be headed for an economic trainwreck. And if it happens, there will be a big difference from normal business-cycle recessions, because this time the reason why it happened will be pretty obvious to everyone.
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[ Posted Wednesday, March 5th, 2025 – 16:35 UTC ]
I have to begin this review with the mandatory bit of pedantry which is required every four years. Last night, President Donald Trump gave a speech to a joint session of Congress. However, it was not technically a "State Of The Union" speech, since tradition dictates you have to have been in office for a whole year before giving one of those.
Nitpickery aside, let's do a quick review of how things went last night, shall we?
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[ Posted Tuesday, March 4th, 2025 – 16:21 UTC ]
It is time for Democrats to step up to the plate. President Donald Trump will address Congress and the nation tonight, and will doubtlessly boast about all the wonderful things he thinks he has been doing. In doing so, he will also doubtlessly lie about many of them in shameless fashion, since that's what he always does. But Democrats need to not get distracted and remain focused on one thing above all else. Call it a return to: "It's the economy, stupid."
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[ Posted Monday, March 3rd, 2025 – 16:43 UTC ]
So is everyone ready to pay more for stuff? Because that certainly seems like what is next on the agenda for the American consumer. We'll be paying more for food in the grocery store, more for electronic goods, and a whole bunch more for cars, starting tomorrow.
Or maybe not. You never know what's going to happen, since American trade policy will now be decided on a whim. By a man who simply does not understand how world trade works. Isn't that a comforting thought?
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[ Posted Friday, February 21st, 2025 – 18:54 UTC ]
The first month of the second presidency of Donald Trump is now over. Only forty-seven more to go!
That, of course, is a daunting prospect, but we can at least open with some good news this week: Trump is already wearing out his welcome with the public. The presidential "honeymoon" period is apparently over (almost before it began). Trump started off his second term with historically dismal ratings, although they did best one previous president -- himself, in his first term. His job approval numbers were actually at 50 percent or just above when he was sworn in this time around (which, as mentioned, every other modern president has beaten), so he could at least claim a majority of the public was behind him. Not any more.
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[ Posted Thursday, February 20th, 2025 – 16:52 UTC ]
Donald Trump is now officially one month into his second term as president. And already, his "honeymoon" period seems to be ending. Most incoming presidents get at least a few months where the public essentially gives them the benefit of the doubt and approves of the job they're doing. But then at some point, this wears off and their job approval polling noticeably falls back. And some of the polls released recently show that this may already be happening with Trump.
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[ Posted Friday, February 14th, 2025 – 18:59 UTC ]
It's hard, as each new week goes by, not to get distracted by all of the chaos emanating from Washington. This week, we're going to begin by connecting a few dots that really need connecting, and (so far) haven't gotten enough attention (in our humble opinion).
Before Donald Trump became president again, both he and his MAGA choir spent a lot of time decrying "censorship" and wailing about their "free speech" being somehow suppressed. This was largely due to social media sites policing their allowable content, and occasionally removing objectionable or flat-out false posts and even kicking people off their platforms.
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[ Posted Tuesday, February 11th, 2025 – 16:45 UTC ]
As metaphors go, "low-hanging fruit" is a pretty easy one to understand. You walk through an orchard while picking fruit that is easy to reach and offers no obstacles to harvest. You just reach up, pluck some low-hanging fruit, and you effortlessly have some apples or oranges in your hands to enjoy. The problem (that the metaphor subtly points out) is what happens after all the low-hanging fruit has been picked. Then you've got to expend a lot more effort to get the rest of it -- with ladders that have to be climbed and whatnot.
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[ Posted Friday, February 7th, 2025 – 18:27 UTC ]
We aren't even three weeks in to the administration of President Elon Musk, and already he has instituted an ideological purge the likes of which America has not seen since the time of Senator Joe McCarthy. Except this time they're not rooting out communists (or suspected communists, or communist sympathizers) but instead just "people they don't like." Or maybe "people who have pissed off Elon" -- that's probably closer to the reality of it.
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