A Strong, But Not Spectacular, Report On Economic Growth

The economy grew in the final quarter of 2017, but at a slower pace than earlier in the year and far slower than what the President has promised.

One Year After Trump Withdrew, Canada Forms A New Trans-Pacific Partnership

Just over one year after President Trump’s foolish and ill-informed decision to withdraw from the Trans-Pacific Partnership Canada has stepped in to rescue the deal.

Lincoln Memorial: Closed Due to Government Shutdown Lincoln Memorial: Closed Due to Government Shutdown

Government Shutdown Enters Second Day With Few Signs Of Quick Resolution

It’s Day Two of the Federal Government shutdown and there are few signs of a quick resolution.

Norway Poised To Decriminalize All Illegal Drugs

Norway is poised to make some big changes to its drug laws.

Supreme Court To Hear Case Dealing With Sales Taxes On Online Purchases

Late last week, the Supreme Court agreed to hear a case involving the question of whether online and out-of-state businesses can be required to collect sales taxes in states with which they have no connection.

December Jobs Report Falls Short Of Expectations

Contrary to expectations, jobs growth in December was relatively modest.

What Happens When A Business Won’t Accept Cash For Payment?

An increasing number of businesses are refusing to accept cash as payment, that raises some interesting social and legal issues.

November’s Jobs Report Is Strong, But There Are Caveats

November’s Jobs Report was stronger than expected, but there are several caveats to keep in mind.

Supreme Court Justices Appear Skeptical Of Law Barring Legalization Of Sports Gambling

The Supreme Court heard argument today in a case challenging a 1992 law barring sports gambling in all but a handful of states, and the Justices appeared skeptical of the law.

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Republicans On Capitol Hill Racing To Avoid End Of Week Government Shutdown

The current temporary spending measure reached by Congress in September expires on Friday, and Republicans haven’t come up with a solution yet.

Senate Passes Tax Cut Bill On Party Line Vote

The Senate passed a tax cut bill last night, but it leaves a lot to be desired.

Fate Of Senate Tax Plan Still In Doubt

With time running out in the year, it’s looking increasingly unlikely that the Senate GOP will be able to meet its deadlines on passing a tax reform bill.

Another Year, Another Stupid Controversy Over Starbucks Holiday Cups

Some conservatives appear to believe that this year’s Starbucks coffee cops are “promoting a gay agenda.”

Jobs Growth Bounces Back From Hurricane-Related Losses

The Jobs Market bounces back in October, but the numbers are far from impressive.

Trump Nominates Jerome Powell To Head Federal Reserve Board

President Trump has selected Jerome Powell, a member of the Federal Reserve’s Board of Governors, to replace Janet Yellen as Chairman.

AOL Instant Messenger To Shut Down After 20 Years

In other news, this week we learned that AIM still exists.

Hugh Hefner Dies At 91

Hugh Hefner, who became both a cultural icon and a catalyst and reflector of vast social changes, has died at the age of 91.

Republicans Unveil Broad Outlines Of Tax Reform Package

Republicans finally unveiled the outlines of a tax reform package yesterday, but the devil is in the still to be determined details.

Aaron Hernandez Suffered From ‘Severe’ Case Of C.T.E. At Time Of Death, Report Says

Former N.F.L. player, and convicted murderer, Aaron Hernandez suffered from a severe case of C.T.E. at the time of his death according to a post-mortem brain study.

Trump Slump? International Travel To U.S. Suffers Noticeable Drop Since January

Commerce Department figures report a measurable drop in international travel to the United States since the start of 2017.

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Eliminating The Debt Ceiling: An Idea Whose Time Has Come?

Perhaps it’s time to consider getting rid of the debt ceiling entirely.

So Far, Trump’s Economy Is Doing Worse Than Obama’s

President Trump likes to take credit for the state of the economy, but the truth is that things are actually doing slightly worse under his Administration than they were under his predecessor.

Restricting Immigration Does Not Lead To More Jobs For Americans

The fundamental premise at the heart of the immigration bill that President Trump backed earlier this month has no merit whatsoever.

DJIA and Jobs Trend

Plus some comparisons of Trump/Obama and Trump/Bill Clinton.

SpaceX Now One Of The World’s Most Valuable Privately-Held Companies

In a short period of time, SpaceX has become a huge success, as has the commercial space launch industry.

Second Quarter Sees Modest Economic Growth In Initial Estimate

According to initial estimates, the economy grew at faster pace in the second quarter than at the beginning of the year, but it was hardly anything to write home about.

The Incoherent Nature of Nancy MacLean’s Narrative

A Duke history professor uncovers “stealth plan” by “fifth columnists” who are seeking to overthrow democracy in the U.S. for their plutocrat masters.

A Solid June Jobs Report Signals Bounce Back From Slump In May

The June Jobs Report was significantly better than what we saw in May but on the whole not different from what we’ve seen for the last three years or so.

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Federal Reserve Raises Rates For Third Time Since December

For the third time since December,, the Federal Reserve has raised interest rates.

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First Quarter Economic Growth Better Than Initially Forecast, But Further Slowing Is Forecast

Economic growth in the first quarter wasn’t as bad as first estimated, but it still wasn’t very good. And the future is unclear at best.

April Jobs Report Bounces Back From March Doldrums

The Jobs Report for April showed much-improved numbers from the disappointment in March.

Trump’s First Quarter GDP Numbers Aren’t Exactly Impressive

The first scorecard for President Trump’s first economic quarter in office isn’t exactly very good.

Trump Administration Introduces Tax Plan, But Comes Up Short On Details

The Trump Administration is out with a tax plan, but it’s seriously lacking in details.

ESPN’s Massive Layoffs

The Worldwide Leader fired over 100 on-air personalities yesterday.

Why Would Anyone Pay $400,000 to Hear Barack Obama Speak?

The organizers are paying for prestige, not influence.

Bill O’Reilly Out At Fox News Channel

Another big change at Fox News Channel.

Amazon To Stream Thursday Night N.F.L. Games

Another step toward making it easier to cut the cord.

A Disappointing March Jobs Report

After starting the year with two good months, the jobs report for March was quite disappointing.

So Far, There’s No Sign Of A ‘Trump Bump’ In The Economy

So far, there’s no sign that Donald Trump is having much of an impact on the economy.

Oakland Raiders Set To Move To Las Vegas

The Oakland Los Angeles Oakland Raiders are headed to Vegas, baby!

Federal Reserve Raises Interest Rates For Third Time In Fifteen Months

For only the third time since the Great Recession ended, the Federal Reserve Board has raised interest rates.

Some Observations On The Debate Over Health Care And Insurance, Part II

Part Two in a series of observations about health care and health insurance in light of the introduction of the House GOP’s health care plan. This post examines several ideas advanced by conservatives, and the reasons they aren’t complete answers to the problems we face.

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Some Observations On The Debate Over Health Care And Insurance, Part I

Part One in a series of observations about health care and health insurance in light of the introduction of the House GOP’s health care plan.

February Jobs Report Is Good, But Hardly Great

The first Jobs Report for the first full month of the Trump Presidency is out, but it’s nothing to write home about.

Policy Analysts From Left, Right, And Center Criticize House GOP Obamacare Replacement

Health care policy analysts seem united in their assessment of the House GOP’s replacement for the Affordable Care Act, and it’s overwhelmingly negative.

Estimates of the Trade and Welfare Effects of NAFTA?

I am going to construct a complicated mathematical model of the economy, and then I’m going to calibrate it using some actual data, and in the end I will be able to tell everyone how much better or worse off they are given various changes in the economy. And it will be totally and completely true. Trust me, it’s math and therefore science.

Viewership For Live Televised Events Down Across The Board

Fewer people are watching live television events such as the Super Bowl and Academy Awards.