Recent polls indicate that Americans overwhelmingly support raising taxes on the rich: …[A] new POLITICO/Morning Consult poll released Monday that found 76 percent of registered voters believe the wealthiest Americans should pay more in taxes. A recent Fox News survey … Continue reading →
Trump has made the following announcement: President Donald Trump has announced that they have come to a deal to reopen the government for three weeks. He thanked the federal workers who went without work and promised they’ll receive their backpay … Continue reading →
I’m pretty sure that this change will have consequences for the world, but I can’t say I know what they will be: A key driver behind China’s declining current account is that after having long been the world’s heavyweight saver … Continue reading →
Hmmm—maybe Mexico (or some Mexicans) could pay for it, after all. Indirectly: U.S. Sen. Ted Cruz (R-Texas) today reintroduced the Ensuring Lawful Collection of Hidden Assets to Provide Order (EL CHAPO) Act. The bill would reserve any amounts forfeited to … Continue reading →
Raising the tax rate is not the same as raising the amount of tax money collected, either in the aggregate or from a selected group such as “the rich.” Even a non-accountant non-economist like me knows that. Does Alexandria Ocasio-Cortez? … Continue reading →
Voluntary contributions: The New York Post’s Michael Goodwin received a letter from one of his reader’s last week, a gentleman by the name of Nolan Thomson Hare. Concerned over the refusal of Congressional leaders to fund a border wall, Hare … Continue reading →
…have been skittish lately: Stocks initially fell sharply as continuing fears over U.S.-China trade relations and concern over a possible economic slowdown kept investors on edge. “There’s concern that the trade deal is not as good as [President Donald] Trump … Continue reading →
Macron gives in to the protestors—sort of, kind of, a little bit: Faced with another weekend of destructive protests by the “gilets jaunes”—or yellow vests—Prime Minister Édouard Philippe told a news conference Tuesday the tax hike would be pushed back … Continue reading →
A new study underlines what many of us already knew: The report was compiled by the Institute for Women’s Policy Research, and titled “Still A Man’s Labor Market,” because of course. The Atlantic article about the report tries to keep … Continue reading →
[NOTE: Please see Part I here.] I ended Part I in the following way: …accusing Soros of being a “formenter of social dissent” and an “agitator funding and masterminding protest” is simply the truth about Soros. If it’s the truth, … Continue reading →
Employee protests, that’s what: After a day of global protests, employees at Google’s Silicon Valley headquarters added their voices to calls for major change to company policies on gender pay equity and sexual misconduct. Chants of “Stand up, fight back” … Continue reading →
And the news is very very good: Job growth blew past expectations in October and year-over-year wage gains jumped past 3 percent for the first time since the Great Recession, the Labor Department reported Friday. Nonfarm payrolls powered up by … Continue reading →