From Pine View Farm

Political Economy category archive

If One Standard Is Good, Two Must Be Better 0

Uncle Sam and Mitch McConnell looking a snorting, monstrous beast labeled

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Former Farmers 0

Farron discusses the damage that Donald Trump’s trade wars have done to American farmers.

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The Art of the Con, Tax Attacks Dept. 0

Read more »

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Both Sides Not 0

Using the presidential ambitions of the Man Who Ruined Coffee as a starting point, Paul Krugman examines what he calls the “fanatical centrists.” A nugget:

. . . the hallmark of fanatical centrism is the determination to see America’s left and right as equally extreme, no matter what they actually propose.

Follow the link for context.

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The Art of the Con, Trickle-On Economics Dept. 0

Thom explains to a caller:

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An Economy in the Trumper 0

Robert Reich skewers the absurdity of trickle-on economics. A snippet:

A year ago, Trump and congressional Republicans predicted that their corporate tax cut would cause business investment to soar, which would lead to faster economic growth and higher wages.

It was classic supply-side rubbish. Rather than invest more, American corporations have been scaling back their investment plans.

Follow the link for his reasoning.

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Man at Work 0

Donald Trump leaving the Oval Office saying,

Via Juanita Jean.

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Checks and Ballocks 0

Picture of tree showing the

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Income Disparity 0

Frame One, captioned,

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Cashing in the Schools: The Privatization Scam 0

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Deficit Spinning 0

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“If You Are Not Scared, It Means You Are Not Paying Attention” 0

Thom and Richard Wolff discuss the current global economic situation and the consequences of Donald Trump’s behavior and what they imply for the future.

They are not sanguine.

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Tariff Man 0

Donald Trump standing next to working man saying,

Click for the original image.

In a related piece, Robert Reich offers to buy tariff man a clue.

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Soy Crossed Growers 0

“Tariff Man’s” trade war has backfired. Who could have guessed?*

Prices for soybeans fell on Memorial Day when President Donald Trump signaled his intent to launch a trade war and they haven’t recovered. Soybeans are Minnesota’s largest agricultural export by far, with $2.1 billion in exports in 2016, more than double the value of exported corn. U.S. farmers went into the harvest with their largest stockpile of soybeans in 12 years. A survey in September showed they were storing about 438 million bushels, 45 percent more than a year earlier.

Much more at the link.

_______________

*Answer: Anyone who has a clue.

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Trade War Games 0

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All That Was Old Is New Again, Horse and Sparrow Dept. 0

Thom points out the there’s nothing new about trickle-on economics.

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“It’s the Stupid, Economy” 0

Paul Krugman considers Donald Trump’s “stewardship” of the economy in the light of GM’s plans to throw thousands of persons out of work and suggests that

. . . to put it differently, running America isn’t like running a family business. It has to be done by setting broad policies and sticking to them, not by browbeating a few people whenever you see a bad headline.

Follow the link for why he said that.

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Drug Money 0

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A Line on Lines 0

Thom and his guest suggest that, if persons are willing to stand in line for iJunk, they should be capable of standing in line for a ballot.

Aside:

This was posted the day before the election, but it’s relevant any time.

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“The Best Lied Plans . . . .” 0

Man to Mitch McConnell,

Via Job’s Anger.

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