I learned to drive in my native Western New York which certainly entailed driving on ice. There is no foolproof way to drive on ice. It is much different from and much more difficult than driving in snow. That said there is a technique that will enhance your chances of avoiding a serious mishap. Basically, you pump, not slam, the brakes and certainly never accelerate when you start a skid. To a degree something similar can be said about economic policy. Unfortunately, the powers to be in both America and the UK didn’t seem to learn that lesson.
Well, Part II proved insufficient so today we’ll do Part III, (I promise this will conclude the series). Today I’m back to a solid PG rating but it is no less dystopian and the real problem is that it could come true.
The unresolved issue that garnered the most DC press last week was the infrastructure bill package which is still in limbo as of this writing. It consists of two legislative bills; one a traditional infrastructure package which appears to have bipartisan support (at least in the Senate) and a larger “fix much of what is deficient in America while preparing it for the future bill”. I am of the school of thought that we should be concentrating on the content of the second bill and not its price tag. For the purposes of today’s discussion I will largely break that rule.
This article is being written early Saturday morning and cannot possibly take into account any action(s) between its writing and publishing.
Last week was another with a plethora of legitimate candidates for the biggest political story. I’m selecting infrastructure but with a huge caveat.
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