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Tag Archives: Economy

Trump Chickens Out

Today, on the 35th day of the shutdown, Donald Trump announced a temporary reopening of the government for three weeks. And no, he didn’t get any funding for the wall. He totally caved. Why? Could it be because he already lost a handful of Republican Senators, who yesterday voted against Trump as a warning shot […]

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All the Infographics We Need

A brilliant, if a bit long, comic by Scott Bateman. If you are being affected by the shut down, like many of us are, just remember all this. And also remember that Trump himself doesn’t even believe in his wall, it is just a way to fire up the base. Whose Fault is The Shut […]

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Exploring Warren

I was pleasantly surprised by Elizabeth Warren’s policy announcement. Yes, I know that this was done in the context of announcing her formation of an presidential exploratory committee, but let’s ignore for a moment whether or not she would make a good president (I’ve seen more than enough of that, given that it mostly consists […]

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October Surprise?

Yes, the Republicans did manage to get an accused attempted rapist confirmed to the Supreme Court, but that seems to be the only good news for them. Yesterday, the Dow Jones average dropped 832 points. This has Wall Street rattled, and further drops are expected. On top of that, stock in Ford Motor Co. is […]

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Not Made In America

Donald Trump decided to celebrate this week as “Made in America” week, saying “Remember the old days, you used to have ‘Made in the USA’. We’re going to put that brand on our products because it means it’s the best.” Then he held an event at the White House where he highlighted products made in […]

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Au Revoir to Paris?

© Jeff Danziger And the “Insult Europe Tour” isn’t over yet. Today, everyone is expecting Donald Trump to withdraw the US from the Paris Climate Accord, joining only Syria and Nicaragua in opposing the agreement. Our allies in Europe have been leading the fight against climate change, and now they are watching the US sink […]

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Today in Trump

Donald Trump’s international trip got pushed out of the news today by yet another list of bad news for his administration. Why settle for a scandal a day when you can have many? Russian agents bought ads on Facebook and other social media during the election to spread damaging stories about Hillary Clinton and influence […]

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What Really Matters

Are we Making America Great Again? Yesterday was a day for noisy but ultimately meaningless gestures from Republicans. The GOP controlled House passed their bill to destroy Obamacare, but that bill won’t even get a vote in the Senate. In the end, the only actual result from the House vote might be making it easier […]

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Damn Lies

Flanked by his top advisors and the CEOs who are members of his “business advisory council”, Donald Trump claimed “We’ve created over 600,000 jobs already over a very short period of time and it’s going to really start catching on now.” His advisors should have known better. Only 317,000 jobs have been created since Trump […]

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Unhealthy Entrepreneurship?

Despite their recent failure, efforts to repeal Obamacare are already negatively affecting our economy, including job creation. It’s the uncertainty, stupid! For example, one person who has been planning on starting her own business says: If Obamacare gets repealed, I’m anxious. What do I do? Right now, there is just so much instability. I don’t […]

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Bearer of Bad News

This blog has reported repeatedly on the Kansas Experiment. With the backing of the Koch brothers (whose headquarters is in Topeka), governor Sam Brownback, and a legislature so far right that after they got rid of most of the Democrats, they also got rid of most of the moderate Republicans, Kansas became a wet dream […]

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Fool me twice

You know the old saying about “Fool me once, shame on you; fool me twice, shame on me”. Well, it has never been so true. Last week, Donald Trump revealed his economic plan, and could you guess that it was more trickle-down economics. He is going to lower taxes on the rich dramatically, cutting the […]

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What do you have to lose? Plenty!

Donald Trump keeps asking “What do you have to lose?” — you know by voting for him? Well, this week we saw some answers. First, a British economic forecasting firm estimates that if Trump gets elected and implements just his existing economic proposals, it would cost the US $1 trillion over the next five years. […]

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Are You Better Off?

In general the economy has been growing since Obama took office, but Republican tax cuts and other regressive measures meant that virtually all of that gain has been going exclusively to the wealthiest people. Even though the average household income was going up, the vast majority of American households were not benefiting. A more significant […]

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The Debt Will Jump Under Trump

Will Republicans start accusing the Wall Street Journal (owned by the same people who own Fox News) of having a liberal bias? It wouldn’t surprise me after they published an article titled “Study Sees Debt Jumping Under Trump, Staying Steady Under Clinton“. This is not just the WSJ’s opinion. Several studies have analyzed the tax […]

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