Archive for the ‘New Posts’ Category

Trump tries to sell his tax plan as an antidote to middle-class wage pressures. Woe betide those who believe him.

September 6th, 2017

The President is jetting off to North Dakota today to sell his farblunget tax plan. This WaPo piece reveals that D Senator Heidi Heitkamp is going with him. As the article puts it: The Democratic senator is expected to face a difficult challenge for reelection next year in a state Trump carried in 2016 by 36 percentage… Read more

Reposting the OTE “mensch rule” re comments

September 2nd, 2017

Originally posted here. I don’t have time to read every comment in detail but if I may say so myself, the level of commenting here at OTE is generally quite high, so thanks all for your substantive responses. However, while I welcome debate, I decidedly do not welcome personal swipes (targeted at me or anyone… Read more

Jobs report comes in slightly weaker than expected, but the real problem is slow wage growth

September 1st, 2017

The nation’s payrolls climbed 156,000 last month and the unemployment rate ticked up slightly to 4.4 percent, in a slightly weaker-than-expected jobs report. Wage growth is still stuck at an annual growth rate of 2.5%, the length of the average work week ticked down slightly, and payroll gains for June and July were revised down… Read more