From Pine View Farm

Political Economy category archive

The Artless Dodger 0

David comments on Treasury Secretary Scott Bessent’s refusal to give a straight answer to a straight question. (Warning: Short commercial at the end.)

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The Dolly Parting 0

Seth takes a closer look at Donald Trump’s becoming obsessed with the idea that children only need one or two dolls as a response to his tariffs leading to higher costs and shortages.

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This New Gilded Age 0

Thom argues that Donald Trump’s it’s-absurd-to-call-them “policies” will bring back sweatshops.

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Trumponomics 0

Farron looks at how Donald Trump’s economic “policies” are destroying American jobs.

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Trumponomics 0

Title:  News from the Tariff War Front.  Image:  Couple living in broken down camper trailes.  Husband is reading the newspaper as wife cooks dinner over a grill.  Husband says,

Click for the original image.

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“History Does Not Repeat Itself, but It Often Rhymes’* 0

From the Washington Monthly:

A newly elected Republican chief executive, backed by a cadre of right-wing economists and think tanks, rides a populist wave to victory. Despite inheriting a relatively healthy economy, he unleashes a radical economic policy agenda and defunds government agencies, promising that his actions will usher in a new era of prosperity.

Instead, the economy slows. Budgets collapse. Investors are spooked. Core services erode. Even allies defect. By the end, voters—many of whom once cheered the project—recoil . . . .

No, Nate Weisberg is not talking about Donald Trump in that passage. Rather, he’s hearing a rhyme from a decade ago. Follow the link to find out who he refers to.

__________________

*Mark Twain.

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Did Trickle-On Economics Give Us Trump? 0

Robert Reich looks at what led to Trump.

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The Fall (and the Fall Guy) 0

Caption:  All the King's Horses and All the King's Men.  Image:  Humpty-Dumpty, labeled

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Return to Sender 0

Methinks Atrios raises a valid question.

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This New Gilded Age 0

At the Tampa Bay Times, John Hill writes that he is somewhat less than enamored by efforts in the Florida legislature to gut restrictions on the use of child labor.

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A Tune for the Times 0

Warning: Short promo at about the one minute mark.

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A Tune for the Times 0

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Wall Street Weak 0

Via Le Show.

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Trumponomics 0

Frame One:  Donald Trump, behind documents labeled

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This New Gilded Age 0

At the Washington Monthly, Diana Moss explains that the trusts–the ones Teddy Roosevelt tried to bust–are back. A snippet:

In the markets where consumers spend most of their budgets, for example, single companies or tight cliques of just a few firms command outsized market shares and so are able to impose anticompetitively high prices, lower quality, and slow down innovation. For example, four or fewer firms have 70 percent market share or more in sectors ranging from warehouse clubs and supercenters to passenger car rental, passenger airline service, kidney dialysis centers, and breakfast cereals. Tight cabals of large food manufacturers control markets ranging from sugar to baby formula.

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Running Ruining the Government like a Business 0

My old Philly DL friend Noz points out that Trump’s tariffs may not be by any means the most harmful thing he does to the economy. Here’s how he opens his post:

I’m no financial expert, but it seems like while the financial markets and economic commentators are taking into account the effects of the Trump tariffs (including the uncertainty from the on-again-off-again tariffs and tariff threats), they are completely ignoring the downstream effects of the Trump/Doge spending freezes and layoffs.

The whole article is worthy of a look.

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The Privatization Scam 0

At the Portland Press-Herald, Ann Arsenault Shultz debunks de bunk.

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Transfer of Wealth, Republican Style 0

Michael in Norfolk deconstructs the double-talk.

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The Chaos Agency 0

At Psychology Today Blogs, Courtney Beard takes a look at what the DOGE wrecking ball is likely to mean for psychological research. The outlook is not good.

She makes three main points; follow the link a detailed exploration of each.

  • Most of our best psychological treatments have been developed with federal funding.
  • Without federal funding, we cannot train the next generation of talented psychological researchers.
  • Without federal funding, we cannot develop new psychosical treatments.

Aside:

I suspect I’m not the only one who thinks the “E” in “DOGE” actually stands for “emaciation.”

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The Disinformation Superhighway 0

At Psychology Today Blogs, Gina Simmons Schneider reminds us that

(a)n MIT study found that false news, especially political disinformation, spreads many times faster than the truth on digital media. Fake news stories tend to be novel and inspire fear, disgust, and surprise, while true stories inspire sadness, joy, and trust. The researchers found that robots accelerated the spread of true and false news at the same rate.

Follow the link for some tools and techniques to protect yourself from poison on the disinformation superhighway.

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