Tag Archives: government regulations

The Endorsement Of Joe Manchin

After you looked at the title of today’s article your first thought was probably, “Why the hell is a progressive site endorsing Joe Manchin?” Read on and I’ll explain. Continue reading The Endorsement Of Joe Manchin

Electorally Powerful Victims

Like a lot of other liberals I spent a good part of 2017 reading books in an effort to understand how Trump won. Why would anyone from the Rust Belt or Appalachia vote for him when he was such an obvious fraud who was going to do nothing for the white workers who were left behind in this new industrial revolution? The answer is that Trump reinforced their belief that they were victims and he is trying to do it again. Let’s explore. Continue reading Electorally Powerful Victims

The Certainty Of Uncertainty

In the past I have written of the danger that uncertainty poses in economic markets. Today I want to concentrate on using a phrase who others more skilled than I have in the past: The certainty of uncertainty. By that I meant that uncertainty will undoubtedly lead to a bad outcome. I must credit Rudiger Dornbusch for my inspiration. His law, appropriately called Dornbusch’s Law, states: Crises take longer to arrive than you can possibly imagine, but when they do come, they happen faster than you can possibly imagine. This all very much applies to American today under Donald Trump. Let’s explore. Continue reading The Certainty Of Uncertainty

The Coming Trump Recession

If I were to commit a particular crime – say rob a store – there is a fairly good chance I would get away with it if the caper were well planned and an isolated incident. Life is very forgiving in that an isolated mistake often goes unpunished. Ever driven home after a wee bit too much to drink? If you make a habit of it you are bound to get into a serious if not fatal accident and/or get arrested. Economic mistakes are much the same and Trump continues to make them. Let’s explore. Continue reading The Coming Trump Recession