Archive for the ‘New Posts’ Category

My favorite remaining institutions: the justice system and the Fed

March 16th, 2017

There are at least two American institutions that remain venerable, albeit vulnerable: the justice system and the Federal Reserve. On my way in this morning, I learned some details about the Hawaiian judge’s rejection of President Trump’s travel ban v2.0. While team Trump believed they’d removed the problematic language from their first run at this… Read more

Hey, no fair! Governing is hard!

March 14th, 2017

First, over at WaPo, check out my latest summary of the CBO score of the Republican’s just downright nasty, greedy “health care plan.” Next, I agreed with David Leonhardt’s useful bit of history here, wherein he deconstructs the corner into which Republicans have painted themselves: How did the party’s leaders put themselves in this position?… Read more

Spinning out of control

March 13th, 2017

Over at WaPo. One expects a certain amount of Sunday AM spin from politicians selling, in this case, the Republican health care plan. But this is a really bad plan–a hugely regressive tax cut attached to a bill that will leave millions uninsured. It is as if the problem they set out to solve is… Read more

Jobs Report: Strong report shows we’re closing in on full employment but not quite there yet.

March 10th, 2017

In the latest edition of a long series of solid job reports, payrolls posted a strong 235,000 job gain last month, as the unemployment rate ticked down slightly to 4.7 percent and wages accelerated a bit. Federal Reserve officials, many of whom had already been talking about getting back to their “normalization” campaign–raising the benchmark… Read more