Category Archives: Economics

21st Century Servants

Recently, Kevin Roose described how the disappearing venture capital subsidies for various companies has forced them to raise their prices (boldface mine): Profits are good for investors, of course. And while it’s painful to pay subsidy-free prices for our extravagances, … Continue reading

Posted in Bidness, Economics | 2 Comments

A 21st Century Cross of Gold

You might remember form your high school history (for the U.S.-ians, anyway) Democratic Senator William Jennings Bryan’s speech about a “cross of gold“, in which he argued that bimetalism–moving from a gold standard to a gold and silver standard–would bring … Continue reading

Posted in Economics | 2 Comments

The Radical Centrists

Horrible band name. A while ago, some asshole with a blog noted the following: Typically, when the machinations and pirouetting of West Virginian Democratic Senator Joe Manchin are discussed, it’s framed as Manchin is a Democrat who is trying to … Continue reading

Posted in Conservatives, Democrats, Economics, Fucking Morons | Comments Off on The Radical Centrists

The Value of Work: The Mitt Romney Edition

Republican senator Mitt Romney has thoughts about survival checks (boldface mine): Extending federal supplemental unemployment benefits beyond March 14 is a good idea that merits bipartisan support. But the Biden stimulus calls for checks of $400 a week in addition … Continue reading

Posted in Conservatives, Economics | 3 Comments

People Have to Like This Crap: The Child Benefits Edition

Or as some asshole with a blog put it recently, “Give People Nice Things and Let Them See You Do It.” Instead of difficult to understand tax credits that no one realizes they’re getting, directly give them checks instead (boldface … Continue reading

Posted in Democrats, Economics | Comments Off on People Have to Like This Crap: The Child Benefits Edition

Give People Nice Things and Let Them See You Do It

Because, as we often say on this blog, people have to like this crap. Ryan Cooper (boldface mine): Frightened of waking the anti-welfare, anti-government beast, Democratic politicians have built convoluted means tests into their programs to make sure only the … Continue reading

Posted in Democrats, Economics | 2 Comments

It’s a Good Time to Propose a $15/Hour Minimum Wage

Admittedly, I’m in the slow leftist group because I’m not talking about jobs guarantees or universal basic income, but this would help a lot of people. It’s so obvious even milqueotoast Ed Rendell gets it (boldface mine): Some moderate Democratic … Continue reading

Posted in Democrats, Economics | 1 Comment

The COVID Conundrum Facing Local and State Governments

Yesterday (and many other times), I’ve noted there are several economic policies–which have to be federal policies–needed to allow us to enact the public health policies needed to ‘crush the curve’ and drive down the prevalence of COVID-19. As a … Continue reading

Posted in COVID-19, Economics | 3 Comments

Yes, the Unemployment System Is Intentionally Designed to Not Help People

A while ago, some asshole with a blog noted: There are several reasons why it’s so hard to get unemployment benefits easily and quickly: Updating these systems for the 21st century is expensive. That’s why many systems are still optimized … Continue reading

Posted in Conservatives, Economics | Comments Off on Yes, the Unemployment System Is Intentionally Designed to Not Help People

Personnel Is Policy

And if we’re fortunate enough not to have a second Trump term, we need to pay attention to whom Biden appoints to key positions. In terms of economics, Robert Kuttner points out what rank-and-file Democrats need to get ready to … Continue reading

Posted in Bidness, Democrats, Economics | 1 Comment