Tag Archives: inequality

President Trump the Bully

Answering Kennedy’s Call  “With yesterday’s tragic news, we are calling for an immediate deescalation of tensions and for state, local and federal officials to work together to find real solutions.” Letter signed by 60 Minnesotan CEOs CNBC.com It has taken … Continue reading

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Too Few Jobs

Financial FAQs “The number of job openings was little changed at 7.1 million in November, the U.S. Bureau of Labor Statistics reported today. Over the month, hires were little changed and total separations were unchanged at 5.1 million each.” BLS.gov … Continue reading

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A Better Economy For Whom?

Popular Economics Weekly “…in going from the Biden Administration to the Trump Administration, we have traded an economy that disproportionately benefited low-income workers to one that disproportionately benefits the well-off (particularly those who own a lot of stocks).” Paul Krugman … Continue reading

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Equality Is Good For Everyone!

Answering Kennedy’s Call “And on the tax front, it’s time for rich people like me to pay more.” Mitt Romney Getty/Bettmann This quote from a recent NYTimes Mitt Romney Op-ed is my Christmas message: Equal opportunity hasn’t been available to … Continue reading

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Where Are the Jobs?

Financial FAQs “Total nonfarm payroll employment changed little in November (+64,000) and has shown little net change since April, the U.S. Bureau of Labor Statistics reported today. In November, the unemployment rate, at 4.6 percent, was little changed from September. … Continue reading

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Trump Copies Putinism

Popular Economics Weekly “Russian mathematician and Putin critic Andrey Piontkovsky characterized Putinism as “the highest and final stage of bandit capitalism in Russia; and also as a war, ‘consolidation’ of the nation on the ground of hatred against some ethnic group, … Continue reading

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Who Won the Shutdown?

Financial FAQs “What if conservatives succeeded in repealing Obamacare? “Republicans’ Obamacare repeal bill would leave 17 million more people uninsured next year, and 32 million more in 2026, the Congressional Budget Office said in an estimate Wednesday. It also said premiums would … Continue reading

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The Truth About High Tariff’s

Popular Economics Weekly “High tariffs inevitably lead to retaliation by foreign countries and the triggering of fierce trade wars. Then the worst happens: markets shrink and collapse, businesses and industries shut down, and millions of people lose their jobs.” President … Continue reading

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Whose Inflation Is It?

Financial FAQs “Still, despite multiple offsetting drivers, the tariff shock is further dimming already lackluster growth prospects. We expect a slowdown in the second half of this year, with only a partial recovery in 2026, and, compared to last October’s … Continue reading

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A Different Federal Reserve

Financial FAQs “Warsh would chart a new course that de-emphasizes the inflationary impact of factors such as supply chains and tariffs in favor of a views of inflation driven by government spending and the money supply.” Barron’s Graph: Last Tech … Continue reading

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