Category Archives: Ecomomics

GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

The collection: Reality: Smugglers are sawing through sections of Trump’s new border wall (Repot) (And digging under it) The war on Uber: California extends the war to additional occupations (Report) Education: How school districts put politics before children (Article) Daylight … Continue reading

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THAT UAW STRIKE AT GENERAL MOTORS

It is indeed striking to see the UAW demand higher wages from a manufacturer that now sells more cars in China than in the U.S. and that is experiencing a current decline in auto sales. It seems even more noteworthy … Continue reading

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GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

The last gasp of 2018: Declining fossil energy explains declining civilization? (Article) The economy: Significant percentage of recent U.S. GDP growth now sits unsold in overflowing inventories?  (Article) The war on cash: More U.S. retailers rejecting paper money (Article)   More … Continue reading

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ADAM SMITH and DONALD TRUMP on TARIFFS

Media reports portray our Prez as a mad protectionist throwing tariffs like Zeus was supposed to throw thunderbolts. A Google search reinforces that. But a patient searcher may find that, as seems often the case with this President, the opposite … Continue reading

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WHY CEO’S EARN SO MUCH MORE AS THEIR WORKERS EARN LESS

 The Federal Reserve chart of CEO pay history serves as well to illustrate the suppression of America’s middle class. When the corporate boss takes a larger share, less remains for others. And today, corporate bosses take some six times more … Continue reading

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GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

These were our findings: Nutria (20 lb swamp rats) are colonizing California and other states? (Edible, nice fur coats) Russia accused the U.S. of election meddling? (Report) (Putin has a sense of humor?) Iran’s supreme leader agrees with U.S. Democrats: … Continue reading

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GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

The economy: Trump’s tax reform is a pipe dream;  stocks will drop 45% – 70% (David Stockman, President Reagan’s Budget Director) (he’s right, you know – next time we see a crash) The culture: An art festival plans to erect … Continue reading

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