Political Economy category archive
Sam uses a clip of Anand Giridharadas on The Daily Show to offer a technique for separating progressives from pseudo-progressives.
At Psychology Today Blogs, Noam Sphancer tries to figure out why Donald Trump is obsessed with President Obama. A snippet:
The answer is not that Obama is black, or a democrat. Rather, it is that in Obama, Trump sees his antithesis–everything he is not and cannot be. Politics aside, a fair look at what is already publicly known about the two men will suffice to conclude quite readily that Obama has basic decency, which is a core quality of character that garners intuitive respect across cultures and times, independent of one’s status, wealth or fame.
Follow the link for his reasons for reaching that conclusion.
Catherine Rampell tries to make sense of Donald Trump’s claims of success in his trade wars.
Follow the link to see how well that works out.
Catherine Rampell points out that Donald Trump’s economic strategy, when something doesn’t work the way he predicted, is to do the same thing harder.
Paul Krugman points out that, when it comes to economic policy, Republican orthodoxy is clueless. A nugget:
Republican faith in the magic of tax cuts — and, correspondingly, belief that tax increases will doom the economy — is the ultimate policy zombie, a view that should have been killed by evidence decades ago but keeps shambling along, eating GOP brains.
The record is actually awesomely consistent. Bill Clinton’s tax hike didn’t cause a depression, George W. Bush’s tax cuts didn’t deliver a boom, Jerry Brown’s California tax increase wasn’t “economic suicide,” Sam Brownback’s Kansas tax-cut “experiment” (his term) was a failure.
Nevertheless, Republicans persist.
David discusses how YouTube’s changing its algorithm is affecting his business model. I’m posting this because I think it is a telling commentary of the state of media today. Although I find David a sane and reasonable commentator–that’s why I from time to time feature his commentary–part of me agrees with Bob Cesca that we need to “bring back the gatekeepers.”