(Post revised to reflect new law and some errors.) Senator Mitt Romney (R-UT) has broken with one of the fundamental tenets of conservative economics and politics by proposing a new, expanded Child Tax Credit in his American Family Act (AFA). … Continue reading
MaxSpeak
Yglesias is radically under-informed about public finance. He seems blind to the principal question underlying his remarks, namely, what is the output gap? Pay for public consumption, borrow for investment are nearly useless as principles. The real questions are how … Continue reading
The past four years have brought about a major shift in the U.S. political landscape, one that affects the entire span of left-of-center political strategy. I’m talking about the transformation of the Republican Party into a fascist formation, following the … Continue reading
Donald Trump has been looking for the line for four years. At the start of 2021, he finally found it, and then he stomped all over it. Now for him and his maniacal supporters comes the whirlwind. There have been … Continue reading
Even as Trump and his gang are being ushered off center stage, the inanity of Twitter raves on. Left Twitter. Rose Twitter. Jacobin Twitter. Why do so many feel compelled to opine so often on subjects about which they know … Continue reading
I’m seeing a bunch of lefty “O.K., now let’s go after Joe Biden.” I expect to be in that game myself, but some preliminary cautions are appropriate. At the very least, shouldn’t we hold back criticism until some proposals are … Continue reading
Last night I watched “Trial of the Chicago 7.” Entertaining, nice acting, wildly inaccurate in key respects: 1. ‘Sorkinizing’ Abbie Hoffman into a liberal West Wing intern. 2. portraying SDSers as button-down nerds. In reality they (we) were as raggedy … Continue reading
With all the loose talk about negotiations over the next stimulus package, I am compelled to rise in defense of Speaker of the House Rep. Nancy Pelosi. This is a new role for me. She is getting grief from the … Continue reading
I really need to get better at self-promotion. This was released a day ago. The US Postal Service Is a National Asset: Don’t Trash It … Continue reading
Showtime’s two-day replay of Trump’s ascent to power is a useful repackaging of the entire disgraceful episode. It is evidently based on the perspective of James Comey himself, with all the possible biases that might entail. The foundational bias is … Continue reading