Category Archives: Ecomomics

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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GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

Your selected helping of planetary events, reports and nonsense: Senate approvals of Trump appointments are lagging under GOP leadership? (Report) (Yup) High tech (relatively) hiding in ancient Egypt (Report) (Stone working we can’t match today …) Science: Reflecting the ongoing … Continue reading

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GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

The climate: A U.S. government whistleblower revealed that government climate data used at the recent U.N. Paris climate conference were “adjusted”. (Report) Prosecuted for $12 internet sale of homemade ceviche, a woman will perform 80 hours of community service. (We … Continue reading

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Central Bank Snake Oil Persists …

 Central banks keep trying stimulus strategies that don’t work. Of course variations on government spending of money extracted from the economy cannot stimulate said economy. Government creates no wealth; it is the ultimate consumer of wealth. Government cannot stimulate an … Continue reading

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