Category Archives: Economics

Sunday Sermon: What Good Are Balanced Budgets?

Joe Weisenthal asks the question (boldface mine): What good are balanced budgets? That’s a question that doesn’t get asked enough. People of various political ideologies often accept as a fact that, ceteris paribus, a balanced budget is better than a … Continue reading

Posted in Economics | 4 Comments

Coal Mining Is Coming Back Under Trump!

That is, if Trump’s term lasts 71 years, we’ll return to the 1985 peak, based on the number of jobs added since Trump took office. Meanwhile, his proposed NIH cuts would cost more direct and indirect jobs than there are … Continue reading

Posted in Economics | Leave a comment

Democrats, Deficits, And Dumbitude

They’re not getting it. Recently, Il Trumpe unveiled his tax ‘plan’, which is nothing more than a page of bullet points. Yet, it appears that even this plan* would massively slash taxes for the rich, while offering very little for … Continue reading

Posted in Democrats, Economics

This Won’t Be Good For Trump: The Retail Apocalypse

And tariffs aren’t going to fix this (boldface mine): Thousands of mall-based stores are shutting down in what’s fast becoming one of the biggest waves of retail closures in decades. More than 3,500 stores are expected to close in the … Continue reading

Posted in Economics, Jobs

Do Economists Really Not Know These Things?

There’s an NY Times article, “What if Sociologists Had as Much Influence as Economists?“, that completely perplexes me. Neil Irwin writes (boldface mine): But as much as we love economics here — this column is named Economic View, after all … Continue reading

Posted in Economics | 11 Comments

NIH And Coal Mining

Il Trumpe has made bringing back coal mining jobs, no matter how unrealistic that would be, a key component of his economic plan (such as it is…). After last week’s ‘budget’ release, which proposed an NIH funding cut of twenty … Continue reading

Posted in Economics, NIH | 2 Comments

D.C.: Extra Taxation Without Representation (On Free-Loading Non-Urban Areas)

One common conservative claim is that cities, full of those people, are leeches that take a lot of money from ‘real Americans’ to pay for all of their lazy poor people. While the claim appears ridiculous (among other things that … Continue reading

Posted in DC, Economics, Taxes