Political Economy category archive
Still Rising Again after All These Years 0
Thom decodes de code.
This New Gilded Age 0
Robert Reich explains the five ways to become a billionaire. They may not be what you (or Horatio Alger) might expect.
- First, exploit a monopoly.
- A second way to make more than a billion is to get insider information that’s unavailable to other investors.
- A third way to make more than a billion is to buy off politicians who will change the rules of the “free market” in your favor.
- The fourth way to make more than a billion is to extort big investors.
- The fifth way to make more than a billion is to get the money from rich parents or relatives.
Follow the link for a detailed discussion of each one.
How Stuff Works: Prevarication Proliferation 0
David explores techniques for planting lies and watching them grow.
This New Gilded Age 0
VIa Boston.com, we learn that the kids are starting to feel that the American dream of the possibility of upward mobility through hard work is but a memory. A snippet:
In 1991, the typical first-time homebuyer was 28 years old. This year, that buyer was 40, according to the National Association of Realtors.
The Republican Health Care Plan:
“You’re on Your Own, Buddy”
0
Sam and the crew discuss the Republican nothingburger.
Aside:
If you wonder why the Party of the New Secesh is so determined to destroy the Affordable Care Act, dubbed “Obamnacare” by the Republican Party, I think the answer is quite simple.
Barrack Obama is not white.
And he is a Democrat.
Every time the Party of the New Secesh hear the word, “Obamacare”–a word which they coined, mind you–it reminds them that a not-white Democrat crafted a somewhat successful plan to make America’s health care you-can-hardly-call-it-a system a little fairer, and it drives them nuts.
They just want to make it go away.
But that’s just my take.
This New Gilded Age 0
The Trump maladministration launches plans to stiff national park employees of their honorably-eaarned wages.
Who Was That Mascaraed Man? 0
Why, didn’t you recognize him? It was the Man Without a Clue.
The Gaslight Pipeline 0
David parses the Trump maladministration’s doubletalk on tariffs, while noting the authoritarian aspect of expecting persons to believe stuff when their own day-to-day experiences are contrary thereunto.
Trumplednomics 0
University of Michigan economist Justin Wolfers runs the numbers. Ring of Fire’s Jerrod Zisser reports.
This New Gilded Age 0
Aside:
I’m with Thom about watching election returns on television.
I’m quite happy to read about them the next morning.
Devolution 0
Aside:
Not that I have ever been fan of “Reagonomics.” Reagan’s embrace of the Laffable Curve, aka “Trickle-On Economics,” has done much to contribute to the erosion of the middle class, but, as regards tariffs, he got it right.
