Posts In Category

Economy

tax code reform

As I noted yesterday, the New York Times is on its high horse about President Trump’s “tax cuts for the rich.” And, to be sure, there are some. Lowering...
Climate

The International Energy Agency has reported that, for the third year in a row, global carbon dioxide emissions have been flat, despite the fact that in 2016...
Kleptocracy

Vladimir Putin in Russia. Recep Tayyip Erdogan in Turkey. North Korea’s Kim Jong-un. Iraqi Kurdistan’s Masoud Barzani. Equatorial Guinea’s Teodoro Obiang Nguema Mbasogo. The late...
dow jones

The Dow-Jones Industrial Average crossed the 20,000-point milestone shortly after opening this morning, continuing the rally that began a couple of days before Election Day...
Jobs report

The December jobs report out this morning from the Bureau of Labor Statistics showed a net increase of 156,000 jobs and an uptick in the...
Paul Krugman

Early on November 9th, as Donald Trump closed in on the presidency, markets around the world plunged. New York Times columnist Paul Krugman apparently saw this...
trade

Candidates usually govern as they campaign, so Americans should not be surprised as the incoming Trump administration prepares to make good on a promised “trade...
unemployment

The September jobs report from the Bureau of Labor Statistics came out this morning. It reported that the economy generated 156,000 new jobs in September, slightly fewer than...
trade wars

Donald Trump journeyed to the suburbs of Pittsburgh to deliver his most detailed speech yet about trade policies, and the symbolism was obvious. A key...
unemployment

The monthly jobs report came as a shock this morning, with a dismal increase in jobs of only 38,000 for the month of May, far...
socialism

Economics is an inexact science, to put it mildly. One reason, of course, is that so many economists have ideologies and defend them rather than...
debt

Donald Trump, now the presumptive Republican nominee for president, has come up with a breathtakingly stupid idea, according to the New York Times: cut down the national...