So much bullshit comes out of the Trump White House every day that I’m going to need a bigger shovel to dig out and try to explain what is actually going on. The latest is a complex innovative policy initiative that, in my opinion, is badly branded by criminal justice reformers: “defund the police.” Could … Read more
The breaking news headline is Unemployment rate falls to 13.3%, US adds 2.5 million jobs: Economists had forecast that the government will report Friday that employers shed 8.5 million more jobs last month on top of 21.4 million lost in March and April. A figure that large would raise the total losses since the coronavirus … Read more
The Arizona Republic published a happy talk economic forecast today. ‘The old economy is gone’: Business, education leaders see post-virus rebound for Arizona: “The opportunities for Arizona are unbelievable” with Arizona having “maybe the greatest potential of any state,” said Michael Crow, president of Arizona State University and one of the webinar participants. The coronavirus … Read more
Earlier this week, some easily spooked Democrats bought into a prediction about the economy at Politico, your first mistake, and “very serious people” on the cable networks were called upon to “discuss.” The report, The general election scenario that Democrats are dreading, cites Jason Furman, a former top economist in the Obama administration, predicting “We … Read more
On Wednesday, the United States reached the milestone of 100,000 confirmed dead from the coronavirus pandemic. Vice President Joe Biden delivered a video eulogy for the dead. President Donald Trump spent the day slandering former congressman and now MSNBC host Joe Scarborough with a false accusation of murder, and threatening social media, his precious Twitter, … Read more