The Reality of Bidenomics: How Good Was Biden for the Economy?
A thorough takedown of the aggressively-sold falsehood that economic performance under Biden is good but the poors are too stupid to get it.
Read more...Category Archives: Economic fundamentals
“Growing Inflation Pains: How Democrats Must Go on Offense on the Economy”
Corporate greedflation is squeezing household budgets and distorting the economy. But is tacit support for it really a one-party affair?
Read more...The Government’s Deliberate Policy of Prejudicing the Poorest in Our Society Is Imposing Destitution on Millions
UK and US policy are mean to the poor, even though that stinginess costs all of us.
Read more...Israel 4Q GDP Fell at 20% Rate; Downward Trajectory Set to Continue as War Drags On and Israel Readies Lebanon Invasion
The Financial Times report on the fall of Israel’s economy in the fourth quarter was briefly the lead story and was oddly shuffled quickly off the landing page. The article gives a terse but incomplete tally of the factors that contributed to a decline at a 20% rate in the final quarter, which was markedly […]
Read more...Inflation and Power
Why the Fed’s approach to inflation has the main effect of reducing labor bargaining power, which is seldom the real problem.
Read more...North Ignores ‘Perfect Storm’ in Global South
The risk of rolling financial/economic crises across much of the Global South is high and the pressures seem only to be rising.
Read more...Economic Solutions: How To Go from Financialized Neoliberalism to a Productive, Sustainable Economy
Some concrete proposals for how to slip the yoke of neoliberalism and start building a fairer and more functional economy.
Read more...Will We Follow China and Suffer Deflation – Which Is Very Much Worse Than Inflation?
Central bankers fret about inflation, but the far more destructive deflation may become a treat.
Read more...EU Farmers’ Protests, Food Security, and the Green New Deal Big Lie by Omission About Livelihoods
How the EU farmers’ protests illustrate the obstacles to climate change containment policies. And Green hopium has made matters worse.
Read more...Rob Urie: Imperialism, Lenin, and US Wars Abroad
Why Lenin was right.
Read more...The Maidan Cookie Has Crumbled – Ukraine Study Finds Most Multinational Companies Still in Russia
A new study claims that a substantial majority of foreign businesses in Russia that were supposed to exit due to sanctions are still there.
Read more...Trump, Populism, and the Republican Establishment: Two Graphs From New Hampshire
This year’s New Hampshire primary testifies to the disintegration of the Republican Party
Read more...Attrition War — How Israel Is Losing on the Economic Front
An update on the impact on the war on the Israel economy, and the efforts to mitigate it.
Read more...The Real Reason Your Grocery Bill Is Still So High
Big Ag price gouging is driving still elevated grocery store prices. When will that become a political issue?
Read more...CBO and CMS Continue to Overestimate Health Care Cost Increases, Creating Unjustified Pressure to Cut Benefits
The CBO and CMS, keep overestimating health cost increase, and at least for the CBO, it’s due to neoliberal fealty.
Read more...