It’s the Institutions, Stupid

A different take on our political realignment.

Jobs Americans Won’t Do

Our immigration policy is out of sync with our economy.

Trump’s Financial Troubles

What happens if a corrupt man who owes hundreds of millions is President?

The free high-resolution photo of person, photography, money, child, business, singing, euro, merit, businessman, finance, wealth, profit, performing arts, stock exchange, revenue, investments, speculate, stock broker, speculation, share price, capital market , taken with an NIKON D3200 02/10 2017 The picture taken with 250.0mm, f/7.1s, 10/400s, ISO 400 The image is released free of copyrights under Creative Commons CC0. You may download, modify, distribute, and use them royalty free for anything you like, even in commercial applications. Attribution is not required. The free high-resolution photo of person, photography, money, child, business, singing, euro, merit, businessman, finance, wealth, profit, performing arts, stock exchange, revenue, investments, speculate, stock broker, speculation, share price, capital market , taken with an NIKON D3200 02/10 2017 The picture taken with 250.0mm, f/7.1s, 10/400s, ISO 400 The image is released free of copyrights under Creative Commons CC0. You may download, modify, distribute, and use them royalty free for anything you like, even in commercial applications. Attribution is not required.

A Decades-Long Stock Market Bubble?

The S&P and Nikkei are at all-time highs. Economists warn that it won’t last.

LA Times Going Under?

A sign of the Times.

Geert Wilders ‘Wins’ Dutch Elections

The trend toward hard-right parties continues.

President Joe Biden boards Marine One at the Wall Street Landing Zone in Manhattan, Wednesday, September 20, 2023 en route to JFK International Airport in Queens, New York. The Statue of Liberty can be seen in the background. President Joe Biden boards Marine One at the Wall Street Landing Zone in Manhattan, Wednesday, September 20, 2023 en route to JFK International Airport in Queens, New York. The Statue of Liberty can be seen in the background.

Old Man Biden and Young Would-Be Voters

The President has tepid support in the 18-29 demographic.

Europe Becoming Poorer?

The Eurozone is falling further behind the United States.

China Calling in its Loans to Poor Countries

Debt-trap diplomacy has finally come home to roost.

President Joe Biden speaks on the phone with EPA Administrator Michael Regan and Ohio Governor Mike DeWine about the toxic train derailment in East Palestine, Ohio, Tuesday, February 21, 2023, at the Warsaw Marriott Hotel. President Joe Biden speaks on the phone with EPA Administrator Michael Regan and Ohio Governor Mike DeWine about the toxic train derailment in East Palestine, Ohio, Tuesday, February 21, 2023, at the Warsaw Marriott Hotel.

SVC, Bank Contagion, and Government Action

The Biden administration had little choice but to act.

The free high-resolution photo of person, photography, money, child, business, singing, euro, merit, businessman, finance, wealth, profit, performing arts, stock exchange, revenue, investments, speculate, stock broker, speculation, share price, capital market , taken with an NIKON D3200 02/10 2017 The picture taken with 250.0mm, f/7.1s, 10/400s, ISO 400 The image is released free of copyrights under Creative Commons CC0. You may download, modify, distribute, and use them royalty free for anything you like, even in commercial applications. Attribution is not required. The free high-resolution photo of person, photography, money, child, business, singing, euro, merit, businessman, finance, wealth, profit, performing arts, stock exchange, revenue, investments, speculate, stock broker, speculation, share price, capital market , taken with an NIKON D3200 02/10 2017 The picture taken with 250.0mm, f/7.1s, 10/400s, ISO 400 The image is released free of copyrights under Creative Commons CC0. You may download, modify, distribute, and use them royalty free for anything you like, even in commercial applications. Attribution is not required.

Silicon Valley Bank Too Big to Fail?

Here we go again.

Calcified Democracy

A deep dive into why our politics are so broken.

Italy Expected to Elect Post-Fascist Premier

Democratic backsliding appears to be spreading to another European country.

Dems in Midterms: You’re Saying There’s a Chance?

A 2020 blowout has long been presumed. But maybe it won’t happen.

64 Percent of Democrats Want Biden Replaced in 2024

With record-low poll numbers, the grass roots wants someone new on the ticket next time.

Crypto Crash

The bubble may have burst.

Capitol Riot: One Year Later

A roundup of reflection on a somber anniversary.

The free high-resolution photo of meeting, business, brand, product, help, capital, illustration, text, graph, diagram, euro, dollar, course, banks, pension, network, loss, economy, refugees, policy, cartoon, recession, businessmen, finance, analysis, values, e commerce, stock exchange, pay, investments, profits, shares, economic crisis, financial world, financial crisis, speculation, capital market, trading floor, world economy, economic migrants, financial equalization, loans, commodity futures, date of goods , taken with an unknown camera 03/09 2017 The picture taken with The image is released free of copyrights under Creative Commons CC0. You may download, modify, distribute, and use them royalty free for anything you like, even in commercial applications. Attribution is not required. The free high-resolution photo of meeting, business, brand, product, help, capital, illustration, text, graph, diagram, euro, dollar, course, banks, pension, network, loss, economy, refugees, policy, cartoon, recession, businessmen, finance, analysis, values, e commerce, stock exchange, pay, investments, profits, shares, economic crisis, financial world, financial crisis, speculation, capital market, trading floor, world economy, economic migrants, financial equalization, loans, commodity futures, date of goods , taken with an unknown camera 03/09 2017 The picture taken with The image is released free of copyrights under Creative Commons CC0. You may download, modify, distribute, and use them royalty free for anything you like, even in commercial applications. Attribution is not required.

Americans Feel Economy Much Worse Than it Is

It turns out “the economy” isn’t just one thing.

Court Leaves Eviction Ban in Place

An unfunded mandate remains in place.

Sullivan on Biden (and a Discussion of Fiscal Policy)

On fiscal policy and historical comparisons.

US Unemployment at Record Highs

More Americans are out of work than at any time since the Great Depression.

The End of China’s Growth?

Or just a bump in the road?

$2 Trillion Relief Deal Reached

Finally.

Coronavirus Bailout Both Reparations and Stimulus

This is no ordinary recession.

The Narcissist in Chief, II

This could be a very long series.

Trump Speaks on Coronavirus…

…and confusion (and a further market tumble) ensues.

Warren Persistent Despite Losing Again

She’s continuing to swing at the candidates beating her at the polls.

World Stocks Down $5 Trillion

This is bigger than President Trump’s incompetence.

Rethinking Chinese Investment

Several trends are pointing in a new direction.

Paul Volcker, Fed Chairman Who Slew The Inflation Dragon, Dies At 92

Paul Volcker, the Chairman of the Federal Reserve Board who put an end to the rampant inflation that threatened to choke the American economy, has died at 92.

Kamala Harris in front of American Flag Kamala Harris in front of American Flag

Kamala Harris Cuts Back Presence In New Hampshire As Money Becomes Tight

Kamala Harris’s Presidential race continues to his bumpy roads.

Kamala Harris in front of American Flag Kamala Harris in front of American Flag

Bleeding Cash, Kamala Harris Cuts Campaign Staff, And Spending

Facing a cash crunch, Kamala Harris is shedding campaign staff and cutting spending. This seldom ends well.

Warren Comes Under Fire In Fourth Democratic Debate

Elizabeth Warren took most of the fire during last night’s fourth Democratic debate, which will likely go a long way toward winnowing down a crowded field.

Federal Budget Deficit Ends Fiscal Year Just Shy Of $1 Trillion

Don’t worry folks, we’ll make it past that mark quite easily over the course of the new Fiscal Year.

Signs Of Economic Slowdown Tied To Trump’s Trade Policies

From manufacturing to trade, the negative impact of Trump’s tariffs is becoming quite apparent.

Fact Checking in the Trump Era

Can the media fairly parse the statements of those running against President ‘Bottomless Pinocchio’?

Welcome Back To The World Of Trillion-Dollar Deficits

As predicted, the Federal Budget Deficit has crossed the threshold back into the world of trillion-dollar deficits. This is all due to the hypocrisy of Republicans and so-called conservatives.

Budget Deficit Sets Another Record Under Trump, Heads Toward $1 Trillion

The Federal Budget Deficit rose 27% in July, putting it on course for the $1 trillion by the end of September.

Federal Reserve Cuts Rates Amid Signs Of Slowing Global Economy

WIth some signs pointing to a slowing global economy, and President Trump applying political pressure, the Federal Reserve reversed interest rate policy yesterday.

Trump And Congress Reach Deal On Budget-Busting Debt Deal

President Trump and the Congressional leadership have reached agreement on a multi-year budget deal that that busts through all remaining controls on spending.

Federal Reserve Sees Big (Negative) Impact On Economy From Trump’s Trade War

The latest Federal Reserve report on the economy shows Trump’s trade policies are having an increasingly negative impact.

Slower May Jobs Growth Adds To Fears Of Economic Downturn

May’s Jobs Report came back with disappointing jobs growth, suggesting that the economy may be slowing down.

photo of working, person, military, construction, cutting, team, helmet, build, labor, job, workers, laborer, task, construction worker, sledge hammer photo of working, person, military, construction, cutting, team, helmet, build, labor, job, workers, laborer, task, construction worker, sledge hammer

Men, Work, and Self-Worth

Most of us define ourselves largely through our jobs. That’s increasingly a problem.

EU Elections Show Continued Voter Frustrations

The transatlantic rejection of elite consensus that began with Brexit continues.

Federal Judge Deals Trump Stonewalling Strategy Another Loss

President Trump’s stonewalling strategy suffered another legal setback in New York City yesterday.

Leak Reveals A Decade Of Trump Tax Information, But Nothing Very Illuminating

The New York Times has obtained about ten years worth of Donald Trump’s tax returns from the late eighties to early nineties. They don’t tell us much that we didn’t already know.

The Biden Backlash

The early frontrunner for the Democratic nomination is drawing fire from multiple fronts. It may destroy his candidacy before it begins.

As Shutdown Continues, Concern Turns To Its Economic Impact

As the shutdown drags on, it’s beginning to have an impact on the economy.

Alaska’s Independent Governor Suspends Campaign, Endorses Democratic Nominee

Alaska’s Independent Governor Bill Walker has suspended his campaign and endorsed his Democratic rival in the hope of blocking a Republican victory.

About that Unit Root Thing

A decade after the Great Recession, we now have data to answer the question.