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Category Archives: Finance and economics

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The Biden administration says a recession by any other name would smell as sweet

The New Neo Posted on July 26, 2022 by neoJuly 26, 2022

The Biden administration continues the Obama administration’s emphasis on labeling, as though calling something by a different name would fool people into actually seeing it differently. Why do they do this? The main reason is that they believe in the … Continue reading →

Posted in Biden, Finance and economics, Language and grammar, Literature and writing, Theater and TV | 22 Replies

Canada: Trudeau’s war on farmers is moving right along

The New Neo Posted on July 25, 2022 by neoJuly 25, 2022

The war on farmers spreads to Canada: In his latest bid to amass greater control of Canadian society, Prime Minister Justin Trudeau is set to move forward with his government’s plan to reduce nitrogen emissions by limiting fertilizer use among … Continue reading →

Posted in Finance and economics | Tagged Justin Trudeau | 44 Replies

Bret Stephens and Paul Krugman of The NY Times give a double master class in how to admit to being wrong while remaining deeply, deeply wrong

The New Neo Posted on July 23, 2022 by neoJuly 23, 2022

On the one hand, I applaud Krugman and Stephens for admitting they were wrong about something. It’s not easy to do and many many people never do it no matter how many times they’re wrong and no matter how public … Continue reading →

Posted in Finance and economics, Press, Trump | 67 Replies

Google: “Don’t be evil”

The New Neo Posted on July 21, 2022 by neoJuly 21, 2022

Google started out with the mantra “Don’t be evil”: When Google went public in 2004, it epitomised technological and entrepreneurial genius. Two engineers had developed a remarkably powerful, easy-to-use search engine, opening the doors to vast amounts of knowledge. The … Continue reading →

Posted in Evil, Finance and economics, Getting philosophical: life, love, the universe, Language and grammar | 42 Replies

The Democrats’ climate agenda is on hold…

The New Neo Posted on July 15, 2022 by neoJuly 15, 2022

…for the moment, courtesy of Joe Manchin. Although Biden may try to muscle it through anyway, with that tried and true method of bypassing the legislature known as “executive action”: President Joe Biden vowed Friday to take “strong executive action” … Continue reading →

Posted in Biden, Finance and economics, Politics | Tagged climate change | 24 Replies

Going green in The Netherlands and Sri Lanka

The New Neo Posted on July 11, 2022 by neoJuly 11, 2022

It’s hard to say whether a governmental policy of required Green farming – currently causing problems in The Netherlands and even bigger ones in Sri Lanka – is the result of wishful thinking on the part of the government or … Continue reading →

Posted in Finance and economics, Science | Tagged European Union | 29 Replies

Roundup

The New Neo Posted on July 9, 2022 by neoJuly 9, 2022

(1) Elon Musk wants to pull out of the Twitter deal because of Twitter bots. Then again, does he really, or is this just a negotiating tactic? More here: Twitter initially rejected Musk’s $54 per share bid, called Musk names, … Continue reading →

Posted in Finance and economics | Tagged Elon Musk, Twitter | 56 Replies

You tell ’em, Joe

The New Neo Posted on July 3, 2022 by neoJuly 3, 2022

Our brilliant leader has a July 4th weekend message: My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril. Bring down the price you are … Continue reading →

Posted in Biden, Finance and economics | 50 Replies

Go on Joe, nationalize the oil companies

The New Neo Posted on June 15, 2022 by neoJune 15, 2022

We know you want to: President Biden may resort to using emergency powers if American oil companies don’t increase output at their refineries, the president told oil CEOs in a series of letters Wednesday. Biden’s statement blames oil companies for … Continue reading →

Posted in Biden, Finance and economics | 34 Replies

Upward and onward with inflation

The New Neo Posted on June 10, 2022 by neoJune 10, 2022

Anyone who goes to the grocery store or gets a tank of gas knows about inflation anyway, but maybe not every single detail such as the fact that the increase in May was at the highest level since 1981: Inflation … Continue reading →

Posted in Finance and economics | 30 Replies

Senator Stabenow is in love with her car

The New Neo Posted on June 8, 2022 by neoJune 8, 2022

Senator Stabenow of Michigan bragged about her electric car: “I just have to say just on the issue of that at gas prices; after waiting for a long time to have enough chips in this country to finally get my … Continue reading →

Posted in Finance and economics, Music, Politics | 43 Replies

Yellen admits she was mistaken about inflation

The New Neo Posted on June 1, 2022 by neoJune 1, 2022

On the one hand, at least Yellen admitted she got it wrong. On the other hand, I don’t think that serious inflation was actually a difficult call. I’ve often said that economics is very far from my field of expertise, … Continue reading →

Posted in Finance and economics | 33 Replies

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