It doesn’t surprise me. I never wanted to live in New York, although I grew up there and most of the people I knew wanted to stay there the rest of their lives—and have done so. Not me. I always … Continue reading →
Every year around this time I’m busy with my taxes. I like to joke that I may just be the person in the US with the highest ratio of tax complexity to income, because although I don’t make much money … Continue reading →
Recently there was a lot of talk about a study comparing the incomes in adulthood of black men and women to their white counterparts who grew up in similar economic circumstances. Here were the basic findings: …[B]lack boys are much … Continue reading →
“Work” in the sense of getting China to make a deal, that is? Perhaps: China is willing to hold talks with the United States to resolve their differences over trade, China’s foreign ministry said on Monday, as alarm grows over … Continue reading →
There’s been widespread condemnation of Trump’s tariffs and his trade war with China, and the stock market doesn’t seem to like the policy one bit—at least, so far: The threat of a global trade war continued to hang over the … Continue reading →
…but warns that he won’t do it next time. Do you believe him?
Continue reading →…is explained here. Nobody’s especially happy with it, many people on both sides are angry with it, and it will probably pass. The misgivings are bipartisan. House Democrats are reportedly threatening to not vote for the rule bringing the legislation … Continue reading →
…should be used against tech giants? See also this. [NOTE: The first link is to the Economist, which allows a limited number of free articles. The second is to the WSJ, which is behind a paywall that has become increasingly … Continue reading →
If so, you’ve got plenty of company. Googling the topic, I couldn’t immediately find a single article in favor of the tariffs. Economics is my weak suit, and at this point there are very few prognosticators (if any) I trust. … Continue reading →
Commenter “Richard” calls scathing attention to a meme that I’ve noticed becoming common among Democrats these days: “the Obama Recovery.” Simply put, it is the assertion that economic effects are delayed in a very special fashion with Obama. Everything bad … Continue reading →
I was going to call these German cities that have refused to take any more migrants “no-sanctuary cities.” But then I realized that it’s not quite the flip side of the US sanctuary cities, because sanctuary cities in the US … Continue reading →
I don’t know the answer, but that’s my question. Here’s the basis for my question: This report is nothing short of a disaster. Having $6.1 million in debt with only $6.3 million cash on hand is basically being broke. Debt … Continue reading →