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Category Archives: Finance and economics

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The art of the Ukraine deal

The New Neo Posted on May 1, 2025 by neoMay 1, 2025

Remember that minerals deal with Ukraine? Well, it’s been signed: Ukrainian Economy Minister and Deputy Prime Minister Yulia Svyrydenko flew to Washington, D.C., Wednesday to help finalize the deal. “On behalf of the Government of Ukraine, I signed the Agreement … Continue reading →

Posted in Finance and economics, War and Peace | Tagged Ukraine | 10 Replies

The left’s scare tactics on Social Security

The New Neo Posted on April 17, 2025 by neoApril 17, 2025

Commenter “fullmoon” asks a question (the first part of the comment is a quote from a post I wrote): “[Biden] hammered on the idea that Social Security is threatened, something Trump and other Republicans have denied over and over again. … Continue reading →

Posted in Finance and economics, Politics | 28 Replies

A nation of cobblers

The New Neo Posted on April 14, 2025 by neoApril 14, 2025

ABC’s Jon Karl asked Trump’s Commerce Secretary Howard Lutnick a question: The president also said there’s going to be a transition cost, transition problems. I mean we are going to see higher prices in America. It’s not like you can … Continue reading →

Posted in Finance and economics, New England, Press, Trump | 43 Replies

On fraudulent unemployment benefits

The New Neo Posted on April 12, 2025 by neoApril 12, 2025

So far, DOGE has uncovered seemingly-fraudulent unemployment benefits, 80% of which have been centered in three states. Bet you can guess what those states might be. Yes, they are New York and California – and I’ll get to the third … Continue reading →

Posted in Finance and economics | Tagged DOGE, Elon Musk | 15 Replies

So at the moment, the trade war seems to be with China

The New Neo Posted on April 11, 2025 by neoApril 11, 2025

Accent on the phrase “at the moment.” But I do think it’s highly possible that was the intent all along. A description: China announced on Friday that it will raise tariffs on U.S. imports from 84% to 125%, further escalating … Continue reading →

Posted in Finance and economics, Trump | Tagged China, tariffs | 10 Replies

The House was busy today

The New Neo Posted on April 10, 2025 by neoApril 10, 2025

It passed the SAVE Act, which requires proof of citizenship to register to vote in federal elections, plus the removal of non-citizens from voter rolls. I’m not 100% certain that this law will stand – even if it manages to … Continue reading →

Posted in Finance and economics, Politics | 16 Replies

On tariffs: what is Trump thinking?

The New Neo Posted on April 10, 2025 by neoApril 10, 2025

Trump: genius, or not-so-amiable dunce? In my opinion – somewhere in-between but so far in terms of results on all fronts closer to genius and definitely an unusual person. The left and all his other enemies either don’t understand Trump … Continue reading →

Posted in Finance and economics, Trump | Tagged tariffs | 47 Replies

Reflections on the stock market

The New Neo Posted on April 8, 2025 by neoApril 8, 2025

The stock market partially recovers today, then drops again: The Dow Jones Industrial Average dropped 320 points after giving up an earlier surge of 1,460, while the Nasdaq composite lost 2.1%. Uncertainty is still high about what President Donald Trump … Continue reading →

Posted in Finance and economics, Me, myself, and I, Trump | Tagged tariffs | 36 Replies

Tariffs: everybody’s scrambling, and the EU makes an offer

The New Neo Posted on April 7, 2025 by neoApril 7, 2025

Some news: European Commission President Ursula von der Leyen announced that the bloc offered President Donald Trump a deal concerning tariffs on industrial goods. Von der Leyen said at a press conference (emphasis the LI author’s): “These tariffs come first … Continue reading →

Posted in Finance and economics, Trump | Tagged tariffs | 37 Replies

Tariffs again

The New Neo Posted on April 5, 2025 by neoApril 5, 2025

Here’s another post on tariffs, because they’re a big deal right now. As I’ve said several times, I haven’t decided what I think about them and am willing to adopt a “wait and see” attitude. But in the meantime, they … Continue reading →

Posted in Finance and economics, Trump | Tagged Milei | 47 Replies

On those prescription drug ads on TV

The New Neo Posted on April 4, 2025 by neoApril 4, 2025

Roger L. Simon writes: We have all sorts of advertisements for medical installations big and small competing for our attention (and money), but even worse we have virtually non-stop advertising for prescription drugs on television. Indeed they seem to dominate … Continue reading →

Posted in Finance and economics, Health, Me, myself, and I, Theater and TV | 31 Replies

The experts: who do you trust?

The New Neo Posted on April 4, 2025 by neoApril 4, 2025

I don’t put much trust in experts’ prognostications, and haven’t for a long time. I think it began when so many failed to predict the fall of the Soviet Union. I was a Democrat back then, and I didn’t see … Continue reading →

Posted in Finance and economics, Trump | Tagged tariffs, Thomas Sowell | 44 Replies

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