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Category Archives: Finance and economics

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Meanwhile, there’s trouble in our socialist heroine AOC’s camp

The New Neo Posted on March 4, 2019 by neoMarch 4, 2019

We have some evidence of possible campaign finance violations by AOC’s chief of staff, a man I discussed in this previous post on the so-called “Justice Democrats”: Two political action committees founded by Rep. Alexandria Ocasio-Cortez’s top aide funneled over … Continue reading →

Posted in Finance and economics, Politics | 58 Replies

Ocasio-Cortez: let’s help the workers by losing them some potential jobs

The New Neo Posted on February 15, 2019 by neoFebruary 15, 2019

But oh, we can all feel so self-righteous about it, as AOC does: Anything is possible: today was the day a group of dedicated, everyday New Yorkers & their neighbors defeated Amazon’s corporate greed, its worker exploitation, and the power … Continue reading →

Posted in Finance and economics, Liberals and conservatives; left and right | 55 Replies

AOC must think this announcement from Governor Newsom is really badly timed

The New Neo Posted on February 13, 2019 by neoFebruary 13, 2019

New California governor Newsom appears to be pulling the plug on California’s high-speed rail: During Gov. Gavin Newsom’s first State of the State speech Tuesday, he surprised listeners by announcing he would put the quest for high-speed rail connecting San … Continue reading →

Posted in Finance and economics | 25 Replies

Border deal?

The New Neo Posted on February 12, 2019 by neoFebruary 12, 2019

We’ve heard a lot of deal rumors. This is what’s being reported lately, as the Friday deadline looms: House and Senate negotiators late Monday struck a bipartisan deal “in principle” that would dodge a second partial government shutdown by providing … Continue reading →

Posted in Finance and economics, Immigration, Politics | 22 Replies

Democrats have big big plans for you

The New Neo Posted on February 7, 2019 by neoFebruary 7, 2019

The Democrats’ new election and campaign finance bill may have escaped your attention and gotten lost in the shuffle. But it deserves scrutiny: Today [Feburary 6, that is], House Democrats are holding hearings on a monstrous, 571-page election- and campaign-finance-reform … Continue reading →

Posted in Finance and economics, Politics | 70 Replies

Higher taxes for thee but not for me

The New Neo Posted on February 4, 2019 by neoFebruary 4, 2019

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 →

Posted in Finance and economics, Law | 28 Replies

A three-week deal to give government workers pay

The New Neo Posted on January 25, 2019 by neoJanuary 25, 2019

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 →

Posted in Finance and economics, Politics | 27 Replies

The Chinese economy

The New Neo Posted on January 23, 2019 by neoJanuary 23, 2019

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 →

Posted in Finance and economics | 17 Replies

Ted Cruz has another creative idea for funding the Wall

The New Neo Posted on January 8, 2019 by neoJanuary 8, 2019

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 →

Posted in Finance and economics, Immigration | 9 Replies

Raising the tax rate versus raising the effective tax rate

The New Neo Posted on January 7, 2019 by neoJanuary 7, 2019

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 →

Posted in Finance and economics, People of interest, Politics | 66 Replies

Now, here’s a creative idea for building the border wall

The New Neo Posted on December 17, 2018 by neoDecember 17, 2018

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 →

Posted in Finance and economics, Immigration | 33 Replies

Stocks…

The New Neo Posted on December 6, 2018 by neoDecember 6, 2018

…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 →

Posted in Finance and economics | 38 Replies

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