Deficit

Most of us saw or heard the campaign ads for the gubernatorial race for Florida. Ron DeSantis, dressing his infant daughter in MAGA motif pajamas, helping her with border wall building blocks, and reading her a faux bedtime story about the fanciful mind of Donald Trump. Unfortunately, the internal xenophobic...

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  • Avatar of @ReasonaBill
  • August 4, 2021

Radio Host Tim Danahey sent me a note that gave me pause. If we could make sure all Americans understand this, we could force the hands of politicians on the wealth tax. Tim Danahey’s wealth tax calculation. See full episodes here. Here is the note I received from Tim. Dude,...

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  • Avatar of Egberto Willies
  • June 15, 2021

Joes Biden did not pull any punches as he traveled to Cleveland to tout his economic success. He appropriately scorched the Republicans. Biden makes fun of Republican politicians taking credit for Democratic bill See full episodes here. President Biden claimed credit for the economic recovery. He said the Biden economic...

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  • Avatar of Egberto Willies
  • May 27, 2021

Among the countless examples of inane “Washington group-think” is the notion that only Democrats have to “pay for” their legislative priorities (i.e., enact corresponding tax increases and/or spending cuts to match the costs of new programs).   Republicans do not remotely consider themselves so constrained — in part because they also are...

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  • Avatar of RETIII
  • May 13, 2021

Ted Cruz has been accused of a lot of things: being the Zodiac Killer; being from Canada; being a churlish Sea Monkey that grew out of control in a secret Area 51 lab before escaping into the forest with a family-size bag of Bugles and a sixer of Zima; being the son of a...

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  • Avatar of Aldous Pennyfarthing
  • April 22, 2021
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More attention should be paid to an economy that might be in trouble this summer especially as there will be something, something military that will require US attention somewhere, somewhere. That increased military activity might distract from finally indicting the previous guy, who apparently allowed the Chinese economy to become #1...

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  • Avatar of annieli
  • April 12, 2021

I read “Biden Can Go Bigger and Not ‘Pay for It’ the Old Way” by Economics Professor and MMT advocate Stephanie Kelton. It is an important read that we need to understand. Stephanie Kelton hits the nail on the head. See full episodes here. Ironically Professor Kelton shared some concerns with former...

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  • Avatar of Egberto Willies
  • April 7, 2021

A confident Joe Biden responded to a reporter’s comment that Mitch McConnell said he would fight the bill at every turn was epic. Joe Biden challenges Republicans. See full episodes here. President Joe Biden got some excellent news today. Hiring accelerated last month as U.S. employers added 916,000 workers to their...

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  • Avatar of Egberto Willies
  • April 2, 2021
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Like Martin Luther objecting to Pope Leo X selling indulgences to raise money for a variety of excesses, the environmental costs of carbon markets far exceed the benefits. Austerity would have denied us Renaissance art which is less at risk in an age of non-fungible tokens. Today the consequences for the planet...

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  • Avatar of annieli
  • March 28, 2021

After Sean Spicer, Sarah Huckabee Sanders, Stephanie Grisham, and Kayleigh McEnany, anyone or anything would have been an upgrade as press secretary. A wheel of Gorgonzola with a Furby chip jammed into it would have been better. But, luckily, we did much better. Biden’s first press secretary, Jen Psaki, is knowledgeable,...

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  • Avatar of Aldous Pennyfarthing
  • March 13, 2021

Received this e-mail from MoveOn.org: Dear MoveOn member, This is a make-it-or-break-it week for Democrats, who are poised to start voting on President Joe Biden's $1.9 trillion COVID relief bill, including an increase in the federal minimum wage from $7.25 an hour.1 All 50 senators in the Democratic caucus are needed to...

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  • Avatar of Sam Sero
  • February 24, 2021

One must not throw stones if they live in a glasshouse. Jake Tapper made Senator Pat Toomey (R-PA) pay the price for his blatant hypocrisy on President Biden using reconciliation to pass the COVID recovery bill. Jake Tapper called out Pat Toomey See full episodes here. To Republicans, unity means negotiating...

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  • Avatar of Egberto Willies
  • February 7, 2021

Reading up on the Vote-A-Rama on the COVID-19 Relief bill I was shocked, shocked I tell you that  Republicans were objecting to families earning up to $300,000 per year might need some extra money, they thought that was too high a salary? Wow. They worried about exploding the deficit? They...

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  • Avatar of LaFeminista
  • February 5, 2021

Many economists and writers have told the undeniable truth for some time. The economy does almost twice as good under Democratic presidents. Why do Democratic Presidents create better economies? See full episodes here. This is not new. We have written about the economy doing better under Democrats before. In fact, Stephanie Ruhle did...

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  • Avatar of Egberto Willies
  • February 4, 2021

Republicans are intimidated by the size of Joe Biden’s bills. Maine Sen. Susan Collins and a group of likeminded milquetoasts are balking at the $1.9 trillion COVID relief package Democrats appear determined to pass through budget reconciliation. Seems they’ve either noticed the giant deficit Donald Trump amassed both pre- and...

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  • Avatar of Aldous Pennyfarthing
  • January 31, 2021

This morning in his latest batch of rescinded Executive Orders issued by his predecessor, President Joe Biden reinstated the rights of transgender men and women to serve in the armed services. Biden was quoted as saying, “Allowing all qualified Americans to serve their country in uniform is better for the...

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  • Avatar of @ReasonaBill
  • January 25, 2021

Oh, this is beyond delicious. Like a giant tub of Red Vines cascading down my Twizzlers-hole like a … this simile has gotten away from me. Never mind. Anyway. Delicious. The National Review’s Kevin D. Williamson. Witless Ape Rides Helicopter Well, that sucked. Memo to MAGA and all its myriad fellow-travelers: Maybe Death...

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  • Avatar of Aldous Pennyfarthing
  • January 22, 2021

M-i-c-k-e-y, Why because we like it. M-M-MMT. “We collectively decide just what counts as a resource, economic base, or productive work.” OTOH, it could all be trippin’ on bong hits. The superlative science fiction writer Kim Stanley Robinson’s latest novel, The Ministry For The Future, is essentially about using MMT to...

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  • Avatar of annieli
  • January 2, 2021

Republicans have been walking back their deeply held principles for years in the wake of Donald Trump’s massive … boat parades. All the same folks who once called me a traitor and an appeaser because of my strong opposition to the Iraq war are now suddenly against our “forever wars” and...

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  • Avatar of Aldous Pennyfarthing
  • December 29, 2020

Yeah, you knew this was coming. And it’s here — until the economy is drowned in a kiddie pool full of crocodile tears or a Republican is back in the White House, whichever comes first! x GOP Sen. Rick Scott today on Fox Business: “We're at $27 trillion worth of debt....

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  • Avatar of Aldous Pennyfarthing
  • December 17, 2020

Laura Loomer is an Islamophobic nut who lost her long-shot bid to represent Florida’s 21st Congressional District by a whopping 20 points, despite (or maybe because of?) an endorsement from Donald Trump. x Great going Laura. You have a great chance against a Pelosi puppet! https://t.co/pKZp35dUYr— Donald J. Trump (@realDonaldTrump)...

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  • Avatar of Aldous Pennyfarthing
  • December 17, 2020

Thankfully the new administration will steer the economy to a place quite unlike the disaster that Trump had pointed the nation. x Long-term unemployment is up 2.32 million since Sept – the largest 3 month increase since data was first kept in 1948. Long-term UE causes the most lasting human...

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  • Avatar of annieli
  • December 5, 2020

So what will the new conservative boogeyman be now that Republicans are finally starting to accept that Donald Trump is a lame duck à l'orange?  Well, conservative media have always played the hits from the ‘90s till today, so they’re bound to cue up a few oldies to keep the...

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  • Avatar of Aldous Pennyfarthing
  • November 25, 2020

Donald Trump and his cabal made predictions to scare their pew into voting for them. Most did not buy it. Nor did the stock market at a new high. Stock Market did not fear Trump election repudiation x x YouTube Video See full episodes here. The stock market does not reflect...

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  • Avatar of Egberto Willies
  • November 25, 2020

Just a short note to recognize something important and telling that has been left out of current news coverage.  In Wisconsin, the Trump campaign has asked for a limited recount of only two Democratic-leaning counties that went heavily for Biden: In a statement, the [Trump] campaign said it was asking for recounts in Milwaukee and...

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  • Avatar of RETIII
  • November 19, 2020

Watching Morning Joe today was somewhat amusing because Joe and all his pundits spent their time portraying the current race as a huge set-back for Democrats — which requires a reckoning within the party and, of course, the rejection of any progressive ideas or candidates within the party.  The chatter was...

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  • Avatar of RETIII
  • November 6, 2020

These few clips illustrate the immediate danger that Trump sycophants face. Unfortunately, the virus does not distinguish puts all at risk. Trump, a clear and present danger x x YouTube Video See full episodes here. Donald Trump is a very dangerous president. He is even more dangerous when he finds...

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  • Avatar of Egberto Willies
  • October 31, 2020

Trump will continue to make the pandemic-enhanced recession worse, as Trump suggests he'd leave the country. Unlawful Flight to Avoid Prosecution – Title 18 US Code 1073: x I don't think Putin wants him.— Greg Olear (@gregolear) October 17, 2020 x Jesus. Trump’s doing a comedy farewell tour.pic.twitter.com/v1zir2MUKm — ken olin...

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  • Avatar of annieli
  • October 18, 2020
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Some very encouraging news today courtesy of Morning Consult’s latest poll: x #NCsen:Cunningham (D) 47% (+6)Tillis (R-inc) 41%.#AZsen:Kelly (D) 49% (+8)McSally (R-inc) 41%.#MIsen:Peters (D-inc) 49% (+9)James (R) 40%.#COsen:Hickenlooper (D) 50% (+10)Gardner (R-inc) 40%@MorningConsult, LV, 10/2-11https://t.co/7AsGqSmIR8— Political Polls (@Politics_Polls) October 13, 2020 And in the presidential election: x COLORADOBiden 54%Trump 40%...

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  • Avatar of Sam Sero
  • October 13, 2020

projects.fivethirtyeight.com/… The NYT/Siena Poll, rated A+ by 538, has Joe Biden with a 48% to 40% lead in Michigan and a 51% to 41% lead in Wisconsin. The polls are of likely voters and were taken October 8-11. New polls show Biden is gaining in the Northern battlegrounds among white...

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  • Avatar of Mastergardener2k
  • October 12, 2020

The GOP Senate mischief continues, as the GOP’s rush to endanger the women’s health of at least 17 states and 30 million people also continues. x Democratic vice-presidential candidate Sen. Kamala Harris will not in person attend the SCOTUS confirmation hearing as COVID runs through the Senate GOP.https://t.co/AD6Q5ulw4T via @politicususa—...

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  • Avatar of annieli
  • October 11, 2020

The White House is now blaming Michigan governor Whitmer for the kidnap/assassination plot against her by domestic terrorists. Similarly Trumpists think Biden is weak for not wanting to catch COVID from Trump. We do not still know when Trump last tested negative before going to Walter Reed. Besides, who wants...

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  • Avatar of annieli
  • October 9, 2020

Kudos to Josh Israel at The American Independent for catching this: In an interview with a local radio network, Perdue seemed to suggest that cutting funding to the popular entitlement programs — which provide health insurance and benefits to American seniors — would help reduce the national debt. “This is...

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  • Avatar of Sam Sero
  • October 8, 2020

Trump and his cabal attempt to create a Biden narrative that makes him an old-man neither physically nor mentally fit to be president. Really? Who is fit after all? x x YouTube Video See full episodes here. Remember this from Trump? On Twitter and in public remarks, Mr. Trump, 73, and his...

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  • Avatar of Egberto Willies
  • October 6, 2020

I’ll never understand why people think Republican presidents — and Republicans in general — are good for the economy. We have decades of economic data that say otherwise. When it comes to the economy, Republicans are like loud, stumbling drunks who keep insisting they’re okay to drive. Every Friday and Saturday...

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  • Avatar of Aldous Pennyfarthing
  • September 27, 2020

Trump tried to disinform again and again… x It’s just so embarrassing pic.twitter.com/6I1ROwr86G— MeidasTouch.com (@MeidasTouch) September 12, 2020 x Attorney General William Barr makes yet another false claim, this time wrongly claiming that mail voting means “there's no secret vote” and that “the government” can find out who you voted...

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  • Avatar of annieli
  • September 12, 2020

Trump announces a 1pm ET presser today, primarily to undercut Kamala Harris’s speech. But will Pence pull off a good one in La Crosse because Mother’s not there and she doesn’t speak Quebecois. x This was so cathartic to watch#LaborDay #MondayMotivation pic.twitter.com/lWjMwMZTQU— Fifty Shades of Whey (@davenewworld_2) September 7, 2020 x Will...

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  • Avatar of annieli
  • September 7, 2020

Trump’s constant pimping of the stock market numbers is not the same as a sign that the economy has returned to the level of “winning” even before Trump took office. Like voting twice, Trump’s not being a good minimal-state libertarian where all debt resolves itself in a ‘free market’. Instead,...

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  • Avatar of annieli
  • September 4, 2020

Here’s the latest news out of Colorado courtesy of Morning Consult’s latest poll: Colorado Sen. Cory Gardner has a math problem. The most vulnerable Republican up for re-election this fall boasts stronger support among the party’s base than most of the other GOP Senate contenders this year, but he is...

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  • Avatar of Sam Sero
  • September 3, 2020

(This was previously posted under an offensive title. I apologize for that.) I almost never read WaPo house conservative Henry Olsen. He’s not as bad as Marc Thiessen, but the two of them do hang out together at the kool-aid water fountain. Olsen refused to see anything nefarious in the...

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  • Avatar of dankoh
  • September 3, 2020

Back to 1954 is the desperate place that Trump is going to spread disinformation. The GOP has tried to make Democrats “godless”, because how else could you win an election. Trump even brought his brother’s funeral to the White House to counter the spiritual expressions at the DNC. Trump got his...

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  • Avatar of annieli
  • August 22, 2020

WaPo published an update to the estimation of whether Trump was more than a rhetorical trope as a fascist, or more of an actual, historical fascist. 29 more “Benitos” to go, Trump has yet to win reelection by rigged balloting and only has a fraction of the population incarcerated. Ripping children...

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  • Avatar of annieli
  • August 22, 2020

Stop by and comment if you’re watching. There’s a diary on the DK front page. x YouTube Video x August 20: Last wk we got several national polls that suggested tightening & state polls that suggested stability. Today we got the opposite! Biden up 13 natly from Echelon and tied,...

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  • Avatar of annieli
  • August 21, 2020

Stephanie Ruhle got it right as she slammed the Republicans for their sudden false concern for the deficit as they make Americans suffer. Stephanie Ruhle exposes the hypocrisy. x x YouTube Video Watch the full episode here. Americans are suffering. It is impossible to have the current level of unemployment...

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  • Avatar of Egberto Willies
  • August 12, 2020

Alex Lawson, Executive Director of Social Security Works explains that Donald Trump has started the destruction of Social Security. We also discuss Trump's latest fraud on Americans. Social Security is the magic word. x x YouTube Video Politics Done Right Live weekdays @ 3:00 PM Central Video Zoom: LINK —...

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  • Avatar of Egberto Willies
  • August 10, 2020

Trump’s self-fulfilling idiocy still needs to drive his numbers further down. Like punking his gun-toting followers, a desperate Trump thinks that having his GOP RNC acceptance speech at Gettysburg will do for his neo-confederate followers something, something Charlottesville. The Stephen Miller logic probably has more historical revisionist malarkey in the...

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  • Avatar of annieli
  • August 10, 2020

It is the GOP white whale, a continuing trope, to loot the social security system by eliminating it, and Trump wanted no defections in 2020. It is a sign of desperation to step on what has been a third rail of recent decades and a more symbolic attack on the...

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  • Avatar of annieli
  • August 9, 2020

Deranged Trump syndrome: a dictatorial Trump now confronts his losing with even more autocratic attempts to consolidate power. Sabotaging the postal service to thwart voting…plus another attempt to loot social security.  Republican scorched earth on the way to the bunker. This defunds Medicare. This defunds Social Security. Tax collection is...

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  • Avatar of annieli
  • August 8, 2020

And here I thought Republicans wouldn’t rediscover the debt until a Democrat was back in the White House. Looks like they’re ahead of schedule. After Senate Republicans let the House-passed HEROES act — which would have provided further stimulus for the economy and cash for our most vulnerable workers — languish on...

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  • Avatar of Aldous Pennyfarthing
  • August 5, 2020

Some very encouraging news today out of Georgia: x New GEORGIA polling from @ossoff, conducted by Dem firm Garin-Hart-Yang: Ossoff (D) 45Perdue (R) 44 Trump 43Biden 47 (July 9-15, 800 LVs, MoE 3.5%)https://t.co/DAjwdAA7xE— Jacob Rubashkin (@JacobRubashkin) July 22, 2020 Here’s some more info: Between July 9and 15, Garin–Hart–Yang interviewed a...

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  • Avatar of Sam Sero
  • July 22, 2020