In sports to a large degree a coach is only as good as their players. Politics is similar. Joe Biden is the new “coach” and he has assembled some great talent around him. His Treasury Secretary is Janet Yellen. While the former guy had a Wall Street C-lister with a trophy wife at Treasury; Biden has one of the world’s best economists. Saturday the difference showed and it was the beginning of a win for America. Continue reading Yellin’ For Yellen
President Biden’s infrastructure proposal is very popular with the American people. Surveys show that when it is coupled with the plan to finance it by increasing taxes on the wealthy it is even more popular. How often do you find support for tax increases? Donald Trump won in 2016 in part by riding a populism wave. Trump turned out to be anything but a populist but he fooled enough people for at least a few months. Here is the important point: couple those two facts together and I have most of the answer to the question: How are we going to pay for new programs?
Monday brought us a few indications that even Donald Trump has resigned himself to the fact that he lost the 2020 election to Joe Biden. More importantly that big business has moved on and is no longer afraid of Trump. Tuesday even the gambling casino (a/k/a Wall Street) joined the world of reality. There is more. Let’s explore. Continue reading Michigan Indications And More