Category Archives: Economics

When markets thrive on stability, what did you think was going to happen when you elected Donald Trump?

As I know very little about how the economy works, or the extent to which the stock market effects the economy, or, really, anything else about money related matters, I try to steer clear of such subjects here on the site. For those of you who might be interested in discussing the Dow Industrial Average’s […]

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Joe Biden on guaranteed basic income

As the subject of guaranteed basic income comes up on this site every so often, I wanted to share this brief audio clip from yesterday’s episode of Pod Save America, which featured a lengthy interview with Vice President Joe Biden. In this excerpt, Biden can be heard discussing why, in his opinion, the idea of […]

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“The Committee to Defraud America”

In a move that the conservative Wall Street Journal said would “hurt the economy and his voters,” Donald Trump announced on Thursday that the United States would be imposing steep tariffs on imported steel and aluminum. [The tariff on steel would be 25%, while the tariff on aluminum would be 10%.] As for why Trump […]

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Largest trade imbalance in nine years, biggest stock market drop in a decade, government set to borrow nearly $1 trillion… Is this the “tidal wave” of good economic news Trump was talking about?

As I took last night off, there’s a lot that we could talk about today. We could talk about he fact that our president, standing before a terrifyingly representative sample of what’s left of his base announced that those who refuse to applaud him are “un-American” and likely “treasonous”. Or we could talk about the […]

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Regardless of what you might hear, it hasn’t just been bonuses an pay raises since the GOP tax plan passed

While I fought against the Republican tax plan, I’m not personally against the idea of cutting taxes. I think, in certain instances, cutting taxes can make sense, especially in tough economic times, when those cuts are being directed at non-wealthy Americans, who are more likely to put the money they receive back into circulation, creating […]

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