I read economist Noah Smith’s Substack Newsletter Noahpinion pretty regularly. Today, he had an interesting observation about an economic story that will transform Arizona’s economy in the coming years: For over a year, along with many other writers who follow industrial policy, I sounded the alarm that the much-trumpeted TSMC fab (Taiwan Semiconductor Manufacturing Company) in Arizona … Read more
One day after he is long gone, someone will accumulate all the quotes (the great bulk of them fabrications) from Donald Trump from the time he declared his candidacy for the Presidency in 2015 to the time he finally shuts up and put them in a volume that may rival Bartletts in sales. Until then, … Read more
The GQP’s 2022 midtern election strategy is anti-immigrant hysteria “white fright.” At the same time, the GQP wants to blame Democrats for inflation, but it turns out that it’s their own anti-immigrant hysteria contributing to inflation. Because American business has long relied on the exploitation of immigrant labor to keep costs down. The so-caled “labor … Read more
The AP reported on Thursday, Fewer Americans apply for jobless benefits last week: Fewer Americans applied for unemployment benefits last week reflecting a low number of layoffs across the economy. Jobless claims fell by 18,000 to 215,000 for the week ending February 26, from 233,000 the previous week, the Labor Department reported Thursday. The four-week … Read more
The corporate media “gatekeepers,” i.e., the New York Times and the Washington Post, are really failing the American people with their both-siderism model of editorial opinions, what Fox News used to laughably advertise itself as “fair and balanced.” There is right and wrong. How about we try that for a change? The Washington Post employs … Read more