From Pine View Farm

Political Economy category archive

DOGE Bull, One More Time 0

Kevin D. Williamson calls out the DOGE bull. Here’s a bit from his article (emphasis added):

It is obvious that Musk and his disreputable little gaggle of pudwhacking throne-sniffers simply do not know what they are doing: For example, they ordered the dismissal of a bunch of federal employees who were “on probation” because they seem to have thought that this probationary condition was disciplinary rather than a formality related to those employees being new hires.

Now, there’s stuff in Williamson’s screed that I don’t agree with, mostly some of the generalizations that he makes about how stuff should work. Nevertheless, given said disagreements, he has a much clearer notion of what governance should be than does the current federal administration. And, after all, there’s only one person I agree with all the time, and he’s typing these letters right now . . . .

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Numbers Gaming 0

Danae;  Ah, balancing the checkbooi, eh, Daddy?  Well, my Magic Math Method (TM) will make that task quick and easy.  Just start the balance you want to havve, then simply go back and fill in the numbers that make it add up!

Click to view the original image.

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How Stuff Works, Right-Wing Think Tanks Dept. 0

Lucy:  OK, so tell me about this new system of math you invented.  Danae:  Oh, it's really simple.  Instead of the old hard way, I start with the answer, then just go back to make up the equation that fits it, and--Presto!--I'm always right.  Lucy:  Ummmmm.  Danae:  My genius leaves you speechless, doesn't it.  Lucy:  Oh, let's just say you put the dumb in dumbfounded.

Click to view the original image.

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Trumponomics 0

At the Portland Press Herald, Vitoria Hugo-Vidal argues that it’s time to stock up against the impending economic chaos. A snippet:

You know what financial markets like? Stability. You know what doesn’t scream “stability” to investors? Starting trade fights with our neighbors.

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Genius at Work 0

PoliticalProf has a couple of thoughts about Donald Trump’s unilateral (that is, in the absence of Congressional action) attempt to impose tariffs on our friends and allies. He notes, among other things, that

The markets and most economic commentators were convinced that Trump would never impose massive tariffs on Canada and Mexico because to do so would be utter economic insanity.

Yeah, Right.

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The Crypto Con 0

Jacob Silverman talks with Sam and Emma about the growing threat of greater US government involvement in crypto, with state and local governments pondering active investments in the scam-centric industry, and how a Trump presidency will likely expedite that.

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Why Did Trump Win? 0

At Psychology Today Blogs, Nilanjana Dasgupta tries offers some thoughts. I don’t know that I agree with everything she says, but I do think her piece is a worth-while read. Keep in mind that she is discussing voters’ perceptions of reality, not reality itself.

Here’s a bit of her piece:

As the governing party, Democrats are the establishment. Trump is seen as anti-establishment. Even though some who voted for him don’t like his vulgar behavior, they are willing to ignore it because of what he promises to deliver: a shake-up of the system that isn’t working (Bowman, Tabet, Doshi, Kamisar, & Wardwell, 2025). Whether he can deliver what he promised remains to be seen.

The social class gap in opportunity isn’t recent. It has been widening since neoliberalism became the dominant ideology in the 1980s, shaping political and economic policies. A good society, according to neoliberalism, is one that privatizes public resources and property, privileges free market and trade, reduces government spending on social safety nets, and minimizes regulation of businesses (Harvey, 2005). Decades of neoliberal policies have been associated with yawning inequalities in income, health, and education, crushing middle- and working-class people whose pent-up despair and rage was recognized and used by Trump.

Missing from the analysis and, indeed, from Trump voters’ perspectives, is another crucial fact. Donald Trump’s track record of keeping his wor–oh, never mind.

Aside:

The irony is that the neoliberalism she refers to leans to the right and, indeed, has served as cover for Republicans’ gutting many of the programs instituted by Democrats from FDR to LBJ.

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This New Gilded Age 0

Via the Majority Report, a business professor argues that “income inequality is out of control,” then Sam and the crew discuss his remarks.

Afterthought:

We are reaping the harvest of Reagan’s trickle-on economics.

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This New Gilded Age 0

Thom follows the money.

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This New Gilded Age 0

Thom discusses the “con” in “conservative.”

Robert Reich has more.

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A Tune for the Times 0

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Meet the Swamp King . . . 0

. . . and his swamp things.

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Label Laws 0

Title:  A Visit with St. Nick.  Image:  Two thugish looking men confront Santa as he climbs into his sleigh.  One says,

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A Tune for the Times 0

Mangy sings a paean to this New Gilded Age.

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The Recycle Heap 0

David argues that Donald Trump’s proposed policies, such as tariffs, deregulation, trickle on economics, etc., amount to recycling failed policies from the past and will fail again.

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The Privatization Scam 0

The Arizona Republic’s E. J. Montini makes a strong case that, in Arizona, the privatization scam just got scammier.

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The Crypto Con 0

Sam and the crew talk with Jacob Silverman, author of Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud, about the crypto con and how the crypto con artists are infiltrating politics courtesy of Donald Trump and the Trumpettes.

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Infiltration Nation 0

Jim Hightower follows the moneybags.

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The Fee Hand of the Market 0

Thom looks at why the middle class is dwindling.

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It’s the Stupid, Economy 0

Chris Hayes argues we’ve seen this before.

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