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 →
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 →
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 →
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 →
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 →