Category tax policy for the 99%

The economy Trump inherits

“For a three-year stretch from 1983 to 1985 during the heart of the Reagan boom, growth in the U.S. economy averaged over 5.5% per year. These two periods were unusually strong, but they show what the U.S. economy can do with the right policies. By contrast, growth in the U.S. from 2007 through 2013 averaged 1% per year. Growth in the first half of 2014 was worse, averaging just 0.95%.”

Off the 2016 employment cliff

  This has been a tremendously hard few months for me.  I don’t want to overshare, but unemployment has been at the center of many, many conversations, with family and friends having hit the bricks this year. Friends with ten, fifteen or twenty years of service are being thrown under the bus.The job I’ve had […]

Reliving the Weimar Republic

I wrote many months ago about the Weimar Republic and how and why it collapsed into fascism once conditions got bad enough. Remember? Bad stuff happening now that Trump has unleashed all his ugly hate in his choices for the people to staff his new administration. Not surprising. I’m amazed that it took everyone so […]

Waiting for next Wednesday

I hate to say this, but unless The Donald falls down and breaks a hip (he IS 70), he will win the presidency next Tuesday. The accumulated drip-drip-drip of bad news for Clinton has reached a point where she cannot pull enough independent voters to win. The re-opened FBI investigation (which seems to dove-tail with […]

Did we already collapse?

A couple of days ago, I posted about the convergence of economic bellwethers that pointed to economic collapse in the near future.I have more detail on the unemployment situation. Two of my go-to sources have indicated that the BLS report on employment last month are ‘problematic’. As you may be aware, the ‘headline’ unemployment figure […]

Economic clock: three stories

This will be short, as we all have lives to pursue. And there’s going to be more stuff on your plate now than there was before. Three articles of note today. First: Deutsche Bank (the fourth biggest banking concern in the EU) is not giving its customers the gold that they are allowed to retrieve […]

End stage capitalism– spelled ‘Louisiana’

Some friends associated with the venerable Living Theatre of 1960’s fame are currently touring a show on capitalism as a form of sado-masochism. I got to see Know Your Rites at a dress rehearsal. Not an easy thing to watch, but I’ve been thinking about it a great deal (and you should go see it […]