I heard the POTUS’s econo-press conference today where he went off on how the economy was like an aging dude working out after eating a double-bacon-cheese burger, or something like that. Anyway, he got a question about if the job market is really improving, including wage gains like those I featured today, why aren’t people… Read more
I may be a bit out of my depth here but let me offer a few thoughts on a debate among progressives that leaves me scratching away at the old noggin.’ Here are the bones of the thing, as I kinda understand them: Argument 1: “Bernie supporters, you’re going to blow this for us!” –Hillary’s… Read more
I focus a lot on market failures, but gov’t failures and just as threatening. See Flint, MI’s water crisis. Moreover, gov’t failure is not a mere accident caused by bumbling bureaucrats. It is a strategy to shrink gov’t. Over at WaPo.
Well, there’s the stock market and there’s the real economy. They’re related but they’re not the same thing. Here’s why. To be clear, nobody knows when the next recession will hit, so I’m decidedly not saying all clear, happy-dappy! To the contrary, I strongly urge us to be ready for the worst.
A commenter, after gazing at these figures, asks: how much influence do presidents really have over the economy anyway? I dove deeply into this here, riffing off of an academic paper comparing economic outcomes between terms when D’s or R’s controlled the White House. The economy grows faster under Democrats, which is good to know,… Read more