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The Emerging Democratic Debate

Over at the Washington Post, the usually sensible Greg Sargent endorses the notion that divisions among Democrats are “mostly trumped up.” The tension between the Wall Street wing of the party and the Warren (as in Elizabeth) wing is an overblown fiction of a press...

The Crash of 2016 Gets Closer Every Day

The denial of fundamental economic principles is setting the world up for another Great Crash. Although wages have been flat or declining since the West started following Thatchernomics and Reaganomics in the late '70s and early 1980s, the stock market has risen to...

The GDP Fiasco: It's Been One Snafu After Another

A lot of people know the old quote which says “predicting is hard, especially about the future.” Granted, everybody gets it wrong sometimes, but this time our economists were really wrong. We were told the economy grew slightly in the first quarter of this year. Now,...

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