Tweets on economics-2021

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Don't let the facts bother you! 2021-12-31 22 0 0 0 0 0 1476733675253342211 1476733675253342211
Inflation will not likely be cured by 2022. Good news 2021-12-30 29 0 0 0 0 0 1476702480268365831 1476702480268365831
The year in review - a changed economy 2021-12-26 36 0 0 0 0 0 1475236686875398144 1475236686875398144
10 economic debate topics to take back to the store and 2021-12-26 34 0 0 0 0 0 1475235978419703809 1475235978419703809
Inflation is bad but recession is worse - 2021-12-22 26 1 0 1 0 0 1473534334288031745 1473534334288031745
What does society owe renters who are priced out of a 2021-12-21 33 0 0 0 0 0 1473391145375846403 1473391145375846403
Nebraska's governor is trying anything to get people back 2021-12-19 23 0 0 0 0 0 1472659446669066240 1472659446669066240
Inflation is a political problem everywhere, even for 2021-12-19 29 1 0 1 0 0 1472475503005106176 1472475503005106176
How the rich get richer 2021-12-17 18 2 1 1 0 0 1471682888382828548 1471682888382828548
Rich get richer and poor get poorer - Cayman, Bahamas, 2021-12-16 37 0 0 0 0 0 1471377558113439744 1471377558113439744
Debt limit crisis suspended for a while by Democrats. 2021-12-15 35 0 0 0 0 0 1471001560901505028 1471001560901505028
Why workers need unions. 2021-12-15 39 1 1 0 0 0 1470998718459494405 1470998718459494405
Another way to undermine Biden. 2021-12-15 33 1 0 1 0 0 1470993235820433410 1470993235820433410
It doesn't matter whether the losers are the readers or 2021-12-15 71 1 0 0 0 0 1470972245438709767 1470972245438709767
Why service is so slow, everywhere you go. 2021-12-14 36 0 0 0 0 0 1470562549615652866 1470562549615652866
No need to move to Texas! You can enjoy Permian Basin air 2021-12-13 52 1 0 1 0 0 1470245670934040576 1470245670934040576
Silicon Valley still booming despite Greg Abbott's kind 2021-12-13 38 0 0 0 0 0 1470242670169636864 1470242670169636864
How gentrification works. 2021-12-13 51 0 0 0 0 0 1470207756460171264 1470207756460171264
Some unions are beginning to flex some muscle. Not all 2021-12-12 21 0 0 0 0 0 1470157067428057089 1470157067428057089
H1B abuse in Silicon Valley? 2021-12-12 45 0 0 0 0 0 1469830791571988481 1469830791571988481
Ask people about "the economy" and they look at gas prices 2021-12-11 29 0 0 0 0 0 1469660613953474561 1469660613953474561
What makes money work? 2021-12-11 32 0 0 0 0 0 1469652945406869505 1469652945406869505
Side effect of covid - enlightenment about what's really 2021-12-11 33 0 0 0 0 0 1469644651246194690 1469644651246194690
Who is Satoshi Nakamoto? 2021-12-10 20 0 0 0 0 0 1469118390107209728 1469118390107209728
Crypto currencies are not as stable as T-Bills! 2021-12-10 17 0 0 0 0 0 1469117011179433984 1469117011179433984
Reshipping work-at-home scams - you lose money AND might 2021-12-10 25 0 0 0 0 0 1469115047020404738 1469115047020404738
Trump says GOP shouldn't pay its past indebtedness. 2021-12-08 26 0 0 0 0 0 1468583292324569095 1468583292324569095
How expectations about the future affect labor market 2021-12-04 24 0 0 0 0 0 1466991894362157057 1466991894362157057
"We are now learning the hard way what 40 years of 2021-12-02 11 0 0 0 0 0 1466460938882543618 1466460938882543618
GOP doesn't want legal immigration and doesn't want to 2021-12-02 14 0 0 0 0 0 1466459949744091141 1466459949744091141
Still no slowdown in Silicon Valley. 2021-12-02 14 0 0 0 0 0 1466454674903502853 1466454674903502853
GOP has offers criticism but no solutions - 2021-12-02 9 0 0 0 0 0 1466433000380510223 1466433000380510223
Tired of Silicon Valley real estate prices? Austin is 2021-11-29 54 3 0 2 1 0 1465173135569739781 1465173135569739781
John Deere workers win better compensation and benefits, 2021-11-29 28 0 0 0 0 0 1465171096328495104 1465171096328495104
Will a four-day workweek become the new normal? 2021-11-29 25 0 0 0 0 0 1465166121003192321 1465166121003192321
Not everybody in Silicon Valley is hurting for a place 2021-11-29 29 0 0 0 0 0 1465144769751834627 1465144769751834627
Supply chain myths 2021-11-28 40 2 1 0 1 0 1464866684611661830 1464866684611661830
A seasonal labor shortage. 2021-11-27 36 0 0 0 0 0 1464599314567548933 1464599314567548933
The end of real family farming. 2021-11-27 19 0 0 0 0 0 1464444014157959176 1464444014157959176
Subminimum wage - a Florida GOP idea. 2021-11-27 24 1 0 1 0 0 1464442303922114560 1464442303922114560
Now hoarding and warehouses full of inventory seems smarter 2021-11-25 29 1 1 0 0 0 1463934557925740547 1463934557925740547
The way to beat inflation is to have a severe recession. 2021-11-25 26 0 0 0 0 0 1463749258100625413 1463749258100625413
More trouble ahead. 2021-11-25 30 1 0 0 1 0 1463713906606559239 1463713906606559239
Is it possible to get public employee pension funding on 2021-11-21 22 0 0 0 0 0 1462529894512947200 1462529894512947200
Ever wonder why EVERY restaurant has a Help Wanted sign 2021-11-17 26 0 0 0 0 0 1460870746452873218 1460870746452873218
Time to get back to the game of brinkmanship. Some of 2021-11-17 20 0 0 0 0 0 1460863725208883206 1460863725208883206
When inflation is externally driven, there is not much 2021-11-16 26 0 0 0 0 0 1460419185910030337 1460419185910030337
Something new in antitrust law - considering effects 2021-11-16 27 0 0 0 0 0 1460402617704538112 1460402617704538112
The free market at work - slowly! 2021-11-15 10 0 0 0 0 0 1460042007867387905 1460042007867387905
Whoops - maybe real estate is NOT a road to instant riches! 2021-11-15 15 0 0 0 0 0 1460037640661598208 1460037640661598208
Inflation in Europe and the US - more similar than 2021-11-14 18 0 0 0 0 0 1460009023365804037 1460009023365804037
Tired of Silicon Valley real estate? Don't expect it 2021-11-14 40 0 0 0 0 0 1460003151499513856 1460003151499513856
Where do feelings about the economy and the future come 2021-11-13 69 0 0 0 0 0 1459530524830011398 1459530524830011398
Are more people returning to single incomes during 2021-11-13 74 0 0 0 0 0 1459387600850939907 1459387600850939907
Big business is bad for small business, even if they do 2021-11-12 77 0 0 0 0 0 1459184381889703938 1459184381889703938
Wage increases not beating inflation! 2021-11-10 17 0 0 0 0 0 1458281754100260872 1458281754100260872
CEO pay and performance 2021-11-10 16 0 0 0 0 0 1458281053303414794 1458281053303414794
The economic structure underlying racism 2021-11-10 26 0 0 0 0 0 1458239250189615104 1458239250189615104
Measuring Biden with Trump's yardstick. 2021-11-10 24 0 0 0 0 0 1458231405599625217 1458231405599625217
No easy fix - 2021-11-09 35 0 0 0 0 0 1458220544298348544 1458220544298348544
The last conglomerate? Good riddance! 2021-11-09 27 0 0 0 0 0 1458210117816512523 1458210117816512523
What happens when "status quo bias" is disrupted by 2021-11-06 43 0 0 0 0 0 1456837954681200645 1456837954681200645
Good news for GOP! 2021-11-03 27 0 0 0 0 0 1455894342095151104 1455894342095151104
Don't think you're likely to consistently do better picking 2021-11-02 32 0 0 0 0 0 1455355610644373514 1455355610644373514
The super rich don't like any publicity. All publicity 2021-11-01 39 0 0 0 0 0 1455007657643761673 1455007657643761673
After workers endured 40 years of union-busting, covid 2021-11-01 33 2 0 2 0 0 1454981125281964033 1454981125281964033
GOP might gain control of Congress in 2022. 2021-10-31 29 1 0 0 0 0 1454695282063544324 1454695282063544324
Another bank warns about post office delays - 2021-10-27 86 0 0 0 0 0 1453354661566554112 1453354661566554112
Paid leave - another unexpected issue in Virginia? 2021-10-26 59 0 0 0 0 0 1452993598950023168 1452993598950023168
How alarming - workers organizing the way their employers 2021-10-26 58 0 0 0 0 0 1452796014717374469 1452796014717374469
Universal Basic Income catches on. 2021-10-25 64 0 0 0 0 0 1452786360905912322 1452786360905912322
Does anybody really understand economics? 2021-10-25 51 0 0 0 0 0 1452472188737441793 1452472188737441793
Amazon outsourced all the HR parts that it didn't want to 2021-10-25 54 0 0 0 0 0 1452462973503500294 1452462973503500294
Supply-chain-induced inflation was caused by the inevitable 2021-10-25 53 0 0 0 0 0 1452457195208015872 1452457195208015872
The solution to labor shortages is out there... pay more! 2021-10-24 31 0 0 0 0 0 1452396683048853514 1452396683048853514
If poor people wanted more influence, they should donate 2021-10-24 34 0 0 0 0 0 1452319699572871168 1452319699572871168
Workers want to have a life - a novel concept to some 2021-10-24 30 1 0 1 0 0 1452095111651729410 1452095111651729410
The GOP could re-legalize slavery - an employment draft 2021-10-22 79 0 0 0 0 0 1451607717898948609 1451607717898948609
Why everything is scarce and expensive - 2021-10-22 71 0 0 0 0 0 1451593580544290823 1451593580544290823
The black death increased the power of labor and led to 2021-10-22 83 0 0 0 0 0 1451345164996280323 1451345164996280323
How corporations reorganize to avoid liability. 2021-10-21 101 0 0 0 0 0 1451024941441114112 1451024941441114112
Teachers wearing out. 2021-10-20 78 0 0 0 0 0 1450974145601171457 1450974145601171457
"The winners in all of this are the exchanges and the 2021-10-20 84 0 0 0 0 0 1450707286469459968 1450707286469459968
As predicted - on the whole, hedge funds made money on 2021-10-19 115 0 0 0 0 0 1450253509606051840 1450253509606051840
The woes of blue cities in red states. 2021-10-18 112 0 0 0 0 0 1450108848715427841 1450108848715427841
Ride sharing comes back to earth. 2021-10-18 108 0 0 0 0 0 1450106211202785289 1450106211202785289
That was the economics that wasn't. 2021-10-18 98 0 0 0 0 0 1450098549576777728 1450098549576777728
Plan on permanent inflation or plan on transient inflation? 2021-10-17 80 0 0 0 0 0 1449866387514486790 1449866387514486790
When labor is scarce, strikes work better. 2021-10-17 81 0 0 0 0 0 1449847433056309250 1449847433056309250
We didn't defeat the business cycle after all. 2021-10-15 95 0 0 0 0 0 1449137728050716676 1449137728050716676
A universal income in lieu of dozens of mean-tested 2021-10-15 90 0 0 0 0 0 1449019978473111558 1449019978473111558
Why people don't want lousy jobs any more. 2021-10-15 87 0 0 0 0 0 1448854822627647490 1448854822627647490
Where inflation is hitting hardest - 2021-10-15 91 0 0 0 0 0 1448848445041614855 1448848445041614855
For once, Nobel prize research with immediate applications 2021-10-13 51 0 0 0 0 0 1448382808259395584 1448382808259395584
No politician wants to tackle Social Security's long-term 2021-10-13 49 0 0 0 0 0 1448340500793081859 1448340500793081859
The dark sides of online retailing - 2021-10-11 70 0 0 0 0 0 1447673843464617988 1447673843464617988
Surprise! Neither minimum wage nor immigration cause 2021-10-11 84 0 0 0 0 0 1447552910410223619 1447552910410223619
Did you notice when Powerade went from 32oz to 28oz? 2021-10-11 84 0 0 0 0 0 1447403508135723009 1447403508135723009
The shipping crisis is not getting better. 2021-10-11 88 1 0 1 0 0 1447396257786331137 1447396257786331137
Why would anybody want to have anything to do with these 2021-10-11 79 0 0 0 0 0 1447364515704627328 1447364515704627328
Delta economy depresses office space in some places 2021-10-10 22 0 0 0 0 0 1447267477138722817 1447267477138722817
Why so few jobs were filled in September. 2021-10-10 14 0 0 0 0 0 1447079285039058946 1447079285039058946
There are some reasons to hope for a better future in 2021-10-08 56 0 0 0 0 0 1446305533821026305 1446305533821026305
The debt ceiling - a guide for the perplexed. 2021-10-08 49 0 0 0 0 0 1446302065769074688 1446302065769074688
All the twisted thinking behind the debt ceiling 2021-10-08 57 0 0 0 0 0 1446298372730540036 1446298372730540036
How white blue-collar workers shifted from leftists to 2021-10-07 89 0 0 0 0 0 1446196645218054145 1446196645218054145
Does the 14th Amendment solve the budget ceiling crisis? 2021-10-07 78 0 0 0 0 0 1446145256932593675 1446145256932593675
Could the yuan displace the dollar in international 2021-10-07 83 2 0 1 1 0 1446131386839027720 1446131386839027720
A filibuster change to pass a debt ceiling increase? 2021-10-06 196 0 0 0 0 0 1445632039156285440 1445632039156285440
A trillion dollar coin to solve the debt ceiling crisis? 2021-10-06 234 1 0 1 0 0 1445631039318093835 1445631039318093835
Companies are rethinking offshoring and just-in-time 2021-10-04 150 0 0 0 0 0 1445130748235636736 1445130748235636736
Debt ceiling history and future. 2021-10-04 131 0 0 0 0 0 1445129267390529540 1445129267390529540
If you play a good hand poorly, you still lose. 2021-10-04 118 0 0 0 0 0 1445118952007364616 1445118952007364616
Starting with the Reagan era, income and wealth inequality 2021-10-04 133 0 0 0 0 0 1445038396863176707 1445038396863176707
The end of tipping? 2021-10-04 151 0 0 0 0 0 1444870178987147265 1444870178987147265
Funny money funnies 3 - wrong answers from Eric Cantor! 2021-10-03 68 0 0 0 0 0 1444769547932733440 1444769547932733440
Funny money funnies 2 - the trillion dollar platinum coin 2021-10-03 105 3 2 1 0 0 1444763102071779329 1444763102071779329
Funny money funnies 1 - regulating "stablecoins" 2021-10-03 92 1 1 0 0 0 1444762695580798978 1444762695580798978
When phasing out coal, natural gas becomes more valuable. 2021-10-03 72 1 0 1 0 0 1444757534405902337 1444757534405902337
Why service is so slow. 2021-10-03 60 1 0 1 0 0 1444469205567348736 1444469205567348736
What a pile of political... fertilizer. 2021-10-03 75 1 0 1 0 0 1444467642589323275 1444467642589323275
Poverty isn't what it used to be. 2021-09-30 43 0 0 0 0 0 1443418781108228100 1443418781108228100
Wells Fargo, PGE, ... 2021-09-30 53 0 0 0 0 0 1443416255382241281 1443416255382241281
Trump abandoned US global leadership in politics, trade, 2021-09-26 419 1 1 0 0 0 1442184467989155840 1442184467989155840
https://www.liberty-and-justice.net/ 2021-09-26 409 0 0 0 0 0 1442145564368379914 1442145564368379914
Kick the can down the road. 2021-09-26 405 0 0 0 0 0 1442123059410833420 1442123059410833420
The great debt limit scam. 2021-09-26 403 0 0 0 0 0 1442120799377256454 1442120799377256454
Reparations for black people? That's a hard sell. 2021-09-25 414 1 1 0 0 0 1441751447855534086 1441751447855534086
Is FTC going to support right to repair? 2021-09-25 428 0 0 0 0 0 1441568321468391427 1441568321468391427
There's bipartisan support for military spending, but 2021-09-24 139 0 0 0 0 0 1441529404803276800 1441529404803276800
It's true that voters don't care. But major donors care 2021-09-24 149 0 0 0 0 0 1441253771653177347 1441253771653177347
Getting ready for a great game of "chicken". 2021-09-23 84 0 0 0 0 0 1441118309957529615 1441118309957529615
Get rid of the debt limit! It's a stupid prop for 2021-09-23 112 1 0 1 0 0 1440860064722538500 1440860064722538500
The rebirth of a dollar down and a dollar a week - for 2021-09-23 86 0 0 0 0 0 1440857997870186496 1440857997870186496
Any voter who will put up with Trumpism will put up with 2021-09-22 48 0 0 0 0 0 1440562836648828928 1440562836648828928
The war on coal was lost long ago. 2021-09-20 55 1 0 0 1 0 1440095561424597000 1440095561424597000
Rented cars lately? You'll have learned a lot about 2021-09-20 52 0 0 0 0 0 1440094308317626374 1440094308317626374
Nothing lasts forever - 2021-09-20 52 0 0 0 0 0 1440034815470755846 1440034815470755846
Who's going to call whose bluff? 2021-09-20 64 0 0 0 0 0 1439987242458517508 1439987242458517508
GOP touts family values and work ethic but acts as if 2021-09-19 21 2 0 1 1 0 1439701085329920000 1439701085329920000
Maybe it wasn't the pandemic unemployment boost after all. 2021-09-19 24 0 0 0 0 0 1439606800739753987 1439606800739753987
It wasn't just day traders that lost money on Roaring 2021-09-17 83 2 1 1 0 0 1438979822227574786 1438979822227574786
GOP is counting on Democrats to be financially responsible. 2021-09-17 78 0 0 0 0 0 1438909917570560006 1438909917570560006
How to build monopolies without interference. 2021-09-17 84 0 0 0 0 0 1438875668398305290 1438875668398305290
Want good schools in Silicon Valley? Better pay 2021-09-17 88 0 0 0 0 0 1438733410139205634 1438733410139205634
Big organizations seem to have difficulties correcting 2021-09-17 80 0 0 0 0 0 1438731565006143493 1438731565006143493
GOP will never vote for national default - unless the 2021-09-17 83 0 0 0 0 0 1438706949567049729 1438706949567049729
Union-busting is a fundamental goal of minority rule. 2021-09-06 58 0 0 0 0 0 1435022303696351233 1435022303696351233
You want more affordable housing in desirable areas? 2021-08-29 56 0 0 0 0 0 1432062167516286979 1432062167516286979
What happened to your local mall? 2021-08-27 55 1 1 0 0 0 1431259200177336320 1431259200177336320
Public opinion polls aren't worth much if all they tell 2021-08-27 71 0 0 0 0 0 1431074530617802752 1431074530617802752
In most times and places, the only way for most people to 2021-07-20 30 0 0 0 0 0 1417310793519960099 1417310793519960099
The exodus is to Tahoe (and Sonoma and Napa) - much more 2021-07-19 27 1 0 1 0 0 1417269859025526829 1417269859025526829
A smarter version of Trump. 2021-07-16 31 0 0 0 0 0 1416063523906408450 1416063523906408450
Will guaranteed income work in California? 2021-07-16 29 0 0 0 0 0 1415842492725878784 1415842492725878784
Low interest rates and income inequality. 2021-07-13 31 0 0 0 0 0 1414828418227523587 1414828418227523587
Unlimited deficit spending and irreconcilable partisan 2021-07-12 23 0 0 0 0 0 1414603070571311109 1414603070571311109
The Black Death reset the balance between capital (land) 2021-07-12 30 0 0 0 0 0 1414458333910626306 1414458333910626306
GOP gets that concentration of power in government 2021-07-10 40 0 0 0 0 0 1413733033505476612 1413733033505476612
Fattening public employee pensions without paying for them. 2021-07-09 34 0 0 0 0 0 1413588792313737220 1413588792313737220
"it's consuming real resources, doing a function that has 2021-07-09 61 2 0 2 0 0 1413352895018196994 1413352895018196994
Since the Biden Recession didn't happen, the GOP is giving 2021-07-09 39 0 0 0 0 0 1413337052402225159 1413337052402225159
GOP TALKS about workers but Biden DOES something. 2021-07-09 36 0 0 0 0 0 1413332950477803524 1413332950477803524
Trump was a big supporter of farmers and ranchers! 2021-07-07 53 0 0 0 0 0 1412862719942750209 1412862719942750209
Not enough immigrants? How about teens? 2021-07-07 53 0 0 0 0 0 1412861618761830404 1412861618761830404
Predatory pricing to destroy competitors is not in the 2021-07-06 18 0 0 0 0 0 1412402685932806145 1412402685932806145
The market cures supply chain problems - eventually. 2021-07-06 19 0 0 0 0 0 1412239196299816971 1412239196299816971
Good times ahead for blue-collar workers - if there 2021-07-05 19 0 0 0 0 0 1412190729032503300 1412190729032503300
Private equity and hedge funds - "job creators" - in 2021-07-02 18 0 0 0 0 0 1410767056547377152 1410767056547377152
"The real purpose of these NDAs appears to be preventing 2021-06-30 31 0 0 0 0 0 1410097728680460288 1410097728680460288
Corporate law boom - global giants are outbidding the 2021-06-29 41 0 0 0 0 0 1409881503803269127 1409881503803269127
It's still possible to retain and attract employees. 2021-06-29 25 0 0 0 0 0 1409879388993241104 1409879388993241104
Surprise - you can find workers if you offer enough pay! 2021-06-28 15 1 0 0 1 0 1409349643935248386 1409349643935248386
Where is Theodore Roosevelt when we need him? 2021-06-27 21 0 0 0 0 0 1409038524788006913 1409038524788006913
Teamsters vs Amazon! 2021-06-26 28 0 0 0 0 0 1408777606535671808 1408777606535671808
Know what a SPAC is? It's a good deal for somebody - 2021-06-16 44 0 0 0 0 0 1404955254479671301 1404955254479671301
Amazon has been an algorithmic employer - debugging the 2021-06-15 29 0 0 0 0 0 1404947471051104259 1404947471051104259
"America¢s high rate of poverty is a policy choice, 2021-06-14 33 0 0 0 0 0 1404297560756350979 1404297560756350979
Conglomerates excel at a few things - executive 2021-06-13 51 0 0 0 0 0 1403970365173338123 1403970365173338123
Consolidation of industries is inherently risky for 2021-06-12 71 0 0 0 0 0 1403573975465160706 1403573975465160706
Just-in-time logistics optimizes the normal steady state. 2021-06-07 37 0 0 0 0 0 1401994360665694208 1401994360665694208
National security or national pork? 2021-06-07 36 0 0 0 0 0 1401915899301580801 1401915899301580801
Work won't love you back! 2021-06-07 35 0 0 0 0 0 1401780456379453441 1401780456379453441
It's a shortage of jobs, not a shortage of workers 2021-06-07 39 0 0 0 0 0 1401776602686525449 1401776602686525449
More covid winners - white teenagers seeking jobs. 2021-06-06 43 0 0 0 0 0 1401638754721304577 1401638754721304577
No more malls! 2021-06-06 46 0 0 0 0 0 1401637791805566977 1401637791805566977
The plague led to a golden age of worker power. 2021-06-06 44 0 0 0 0 0 1401570870619901953 1401570870619901953
Penny stocks - if you heard about it from your friends, 2021-06-04 50 0 0 0 0 0 1400613927315148802 1400613927315148802
"the U.S. economy before the pandemic was incredibly 2021-06-03 31 0 0 0 0 0 1400293135532453888 1400293135532453888
What's behind different state unemployment systems? 2021-06-01 43 0 0 0 0 0 1399592922505306114 1399592922505306114
Welcome to the advanced economies club! 2021-05-31 38 0 0 0 0 0 1399414845506670594 1399414845506670594
The dollar rules because - 2021-05-30 34 0 0 0 0 0 1398895997078573057 1398895997078573057
Pay teachers more if you want to compete with China and 2021-05-28 44 0 0 0 0 0 1398374702171648001 1398374702171648001
Nobody let a lousy virus impede the increase in wealth 2021-05-28 50 0 0 0 0 0 1398329169973415940 1398329169973415940
2020's like 1920's? Perhaps in some ways - 2021-05-28 65 1 0 1 0 0 1398328408212344832 1398328408212344832
Musk doesn't like regulation? People like Musk are 2021-05-27 40 0 0 0 0 0 1397721245890740224 1397721245890740224
Genuine Trumpism in action - blame Biden for things that 2021-05-26 48 0 0 0 0 0 1397595566079574019 1397595566079574019
Global just-in-time manufacturing leaves no slack for 2021-05-25 37 0 0 0 0 0 1397040211176038402 1397040211176038402
Homelessness - a GOP triumph! Reagan's mainstreaming of 2021-05-23 35 0 0 0 0 0 1396494924904747012 1396494924904747012
Life in a deep red paradise. 2021-05-23 38 0 0 0 0 0 1396476659105034241 1396476659105034241
Difficulty finding workers? Try flexibility - the 2021-05-22 37 0 0 0 0 0 1396098868916330506 1396098868916330506
It's cheaper to break the law than observe it. 2021-05-22 41 0 0 0 0 0 1396097494770065408 1396097494770065408
Dalit laborers exploited across the sea in New Jersey. 2021-05-13 68 1 0 0 1 0 1392661092405415936 1392661092405415936
Sounds like the main problem is that companies need to 2021-05-10 54 0 0 0 0 0 1391636977657647104 1391636977657647104
Spot inflation in commodity prices and spot shortages 2021-05-07 80 2 0 2 0 0 1390476628447268864 1390476628447268864
GOP minority-rule trickle-down economics destroyed 2021-05-06 49 0 0 0 0 0 1390335154879533057 1390335154879533057
Inflation is happening for many commodities. 2021-05-06 45 0 0 0 0 0 1390300613192290310 1390300613192290310
Homelessness is Silicon Valley problem #1 2021-05-06 50 0 0 0 0 0 1390150101058744323 1390150101058744323
It's hard to find workers if you don't pay them a living 2021-05-06 51 0 0 0 0 0 1390147807395213313 1390147807395213313
How economic recovery can lead to inflation. 2021-05-06 52 0 0 0 0 0 1390111086737641475 1390111086737641475
It's cheaper to break the law! 2021-05-04 52 0 0 0 0 0 1389601782225985539 1389601782225985539
Internet technology companies go up... and then they 2021-05-03 35 0 0 0 0 0 1389207537514270722 1389207537514270722
How pro sports teams get local government subsidies. Heads 2021-04-30 46 0 0 0 0 0 1388140521982287874 1388140521982287874
https://mobile.cartoonistgroup.com/cartoon/Signe+Wilkinson%27s+Editorial+Cartoons/2021-04-28/188749 2021-04-30 37 0 0 0 0 0 1388138926179635203 1388138926179635203
Moving to Austin? 2021-04-30 58 0 0 0 0 0 1388135266800394243 1388135266800394243
All those high-tech companies fleeing Silicon Valley for 2021-04-28 37 0 0 0 0 0 1387528115597963265 1387528115597963265
Farmers didn't like turbulence and upset? 2021-04-28 47 0 0 0 0 0 1387490625193340929 1387490625193340929
Low interest rates benefit asset holders, especially those 2021-04-27 57 0 0 0 0 0 1387022644445212675 1387022644445212675
Universal basic income - it's not easy being a pioneer. 2021-04-27 59 0 0 0 0 0 1386858883251982336 1386858883251982336
Income inequality is real! Some CEO's of laying-off, 2021-04-26 74 0 0 0 0 0 1386793095405064192 1386793095405064192
Hoover, Carter, Trump making straight a highway in the 2021-04-26 82 0 0 0 0 0 1386785130878930945 1386785130878930945
Why not improve wages and working conditions to where 2021-04-26 76 0 0 0 0 0 1386688142363660292 1386688142363660292
Monopsony is getting bipartisan interest. 2021-04-24 34 0 0 0 0 0 1385984890093510667 1385984890093510667
The Biden depression - you can find it near the Reagan 2021-04-23 46 0 0 0 0 0 1385395884553228289 1385395884553228289
It's time to get rid of the debt ceiling once and for all! 2021-04-22 41 0 0 0 0 0 1385365453757837315 1385365453757837315
For all their faults, unions helped make the American 2021-04-13 53 0 0 0 0 0 1381803988358598663 1381803988358598663
Dutch tulip bulbs anybody? 2021-04-13 53 0 0 0 0 0 1381802006646456320 1381802006646456320
Nobody knows you when you're down and out - of money. 2021-04-04 57 0 0 0 0 0 1378817121552003079 1378817121552003079
Why you can't get a good deal on a new car - or a used one. 2021-04-02 47 0 0 0 0 0 1378042480214433795 1378042480214433795
Modular housing vs housing shortage vs construction unions 2021-04-01 39 0 0 0 0 0 1377635524630876168 1377635524630876168
Too much leverage matters! 2021-03-31 60 0 0 0 0 0 1377270838802620417 1377270838802620417
Reviving antitrust. 2021-03-29 31 0 0 0 0 0 1376678172834504706 1376678172834504706
Another investment mania. 2021-03-29 50 1 0 1 0 0 1376630471635820548 1376630471635820548
Arguments for regional minimum wages. 2021-03-29 38 0 0 0 0 0 1376600103318822919 1376600103318822919
The Swiss Laundry! 2021-03-29 36 0 0 0 0 0 1376514749903499274 1376514749903499274
Bipartisan infrastructure? 2021-03-29 36 0 0 0 0 0 1376396646209097730 1376396646209097730
The world changed from 1996 to 2020. It took Trump to 2021-03-29 46 0 0 0 0 0 1376392576765292545 1376392576765292545
America does have laws to support labor organizing. 2021-03-28 52 0 0 0 0 0 1376193670769115142 1376193670769115142
Poor people move out while rich people move up. 2021-03-26 39 0 0 0 0 0 1375246451970777092 1375246451970777092
Oakland tries basic income 2021-03-25 40 0 0 0 0 0 1374912044680368128 1374912044680368128
Untethered? No problem. 2021-03-24 42 0 0 0 0 0 1374554356637298689 1374554356637298689
Will the reactionary majority back employers or workers? 2021-03-23 44 0 0 0 0 0 1374393409662709760 1374393409662709760
A cheap way to improve the lives of many working people. 2021-03-23 42 0 0 0 0 0 1374369045491814406 1374369045491814406
Another speculative bubble on the horizon! 2021-03-21 41 0 0 0 0 0 1373517081077944324 1373517081077944324
Bidding up value of startups? Bubbles always end badly 2021-03-19 42 0 0 0 0 0 1372971529042980864 1372971529042980864
Billing future generations for current consumption is 2021-03-18 57 0 0 0 0 0 1372406299288162307 1372406299288162307
Once again Atlanta is the face of the New South. That must 2021-03-15 54 0 0 0 0 0 1371543585665867780 1371543585665867780
Does the working class really care about economics? 2021-03-14 45 0 0 0 0 0 1371107995942232064 1371107995942232064
Anybody for Dutch tulip bulbs? 2021-03-14 43 0 0 0 0 0 1370916455038865410 1370916455038865410
Poor people in trouble? Why don't they do like the 2021-03-14 35 0 0 0 0 0 1370905323175698435 1370905323175698435
Why Republicans think the recession is over. 2021-03-12 42 0 0 0 0 0 1370444761555820547 1370444761555820547
Plant closings are hard on the middle-aged. 2021-03-09 30 0 0 0 0 0 1369353971974897664 1369353971974897664
"Somehow the private equity guys always make out OK, 2021-03-09 28 0 0 0 0 0 1369341169000321025 1369341169000321025
GOP voters don't want immigration but GOP donors don't 2021-03-08 38 0 0 0 0 0 1368938232184930304 1368938232184930304
Unfunded defined-benefit pensions strike again. 2021-03-08 32 0 0 0 0 0 1368936194499772416 1368936194499772416
Guaranteed income encourages employment, not unemployment. 2021-03-08 31 0 0 0 0 0 1368776575802478597 1368776575802478597
"a way for celebrities to monetize their reputations" 2021-03-05 38 0 0 0 0 0 1367860454710669315 1367860454710669315
Nothing lasts forever. 2021-03-03 38 0 0 0 0 0 1367254971045974017 1367254971045974017
Infrastructure - easy to talk about, impossible to fund! 2021-03-02 32 0 0 0 0 0 1366745362086551554 1366745362086551554
A damper on leveraged buyout job killers? 2021-03-01 42 0 0 0 0 0 1366237754409897984 1366237754409897984
Progressives want a $15 minimum wage. 2021-03-01 38 0 0 0 0 0 1366188777991852032 1366188777991852032
Infrastructure is next? 2021-02-28 48 0 0 0 0 0 1366106825372831746 1366106825372831746
Where have all the houses gone? 2021-02-26 49 0 0 0 0 0 1365324644048232451 1365324644048232451
In the end, there was nothing new to learn. 2021-02-24 44 0 0 0 0 0 1364384765219135490 1364384765219135490
How much stimulus can the economy take without inflation? 2021-02-21 42 0 0 0 0 0 1363505445437018122 1363505445437018122
Don't worry about inflation until median incomes start 2021-02-18 26 0 0 0 0 0 1362391514580574214 1362391514580574214
The ageing of Western civilization comes to America. 2021-02-18 43 0 0 0 0 0 1362235842303942661 1362235842303942661
Not just Texas! 2021-02-18 36 1 0 1 0 0 1362214718698479617 1362214718698479617
How to create a Texas-size problem! 2021-02-18 38 0 0 0 0 0 1362210371784777733 1362210371784777733
What it's like to work in a "business-friendly" state. 2021-02-13 36 0 0 0 0 0 1360688486215426049 1360688486215426049
The Other New Deal - putting private capital to work. 2021-02-11 62 0 0 0 0 0 1359717090307919874 1359717090307919874
A sea change on deficit spending? 2021-02-08 36 0 0 0 0 0 1358874905958248449 1358874905958248449
The forgotten side of economics: resilience. 2021-02-07 29 0 0 0 0 0 1358288232606142464 1358288232606142464
Did somebody say movie deal? That's one way to recover! 2021-02-05 35 0 0 0 0 0 1357500854937477121 1357500854937477121
Pump and dump is not populism. It's opportunism. 2021-02-05 34 0 0 0 0 0 1357498935795798017 1357498935795798017
Somebody sold at the top. Good for him! Somebody 2021-02-03 53 0 0 0 0 0 1356806604935467011 1356806604935467011
Gambling thrives in bad economic times. Wall Street 2021-02-02 50 0 0 0 0 0 1356586029566709764 1356586029566709764
Surprise! The economy does better under Democratic 2021-02-02 51 0 0 0 0 0 1356579864833232899 1356579864833232899
Ways of looking at the market. 2021-02-02 52 0 0 0 0 0 1356480830550409218 1356480830550409218
You can't keep doubling down! 2021-02-01 33 0 0 0 0 0 1356038957683752962 1356038957683752962
There's lots of advice about deciding when to buy a stock. 2021-02-01 43 1 1 0 0 0 1356030563925151745 1356030563925151745
Cruz and AOC agree - proof neither has the slightest clue 2021-01-31 46 0 0 0 0 0 1356024052809256961 1356024052809256961
The Russians probably aren't behind GameStop. 2021-01-31 64 0 0 0 0 0 1356021401971376132 1356021401971376132
Theories about what causes bubbles. 2021-01-31 35 0 0 0 0 0 1355987775535730689 1355987775535730689
Every stock reaches a top, where somebody bought and 2021-01-28 56 0 0 0 0 0 1354928111612137472 1354928111612137472
Short squeezes can affect the entire market. 2021-01-28 45 0 0 0 0 0 1354784547037044743 1354784547037044743
As with foreign terrorism and domestic terrorism and 2021-01-27 46 0 0 0 0 0 1354568340484722692 1354568340484722692
What does GameStop really mean? 2021-01-27 36 0 0 0 0 0 1354478582597259265 1354478582597259265
Democracy on Wall Street? Or insurrection? Why should 2021-01-27 40 0 0 0 0 0 1354477557895159809 1354477557895159809
Socialism for the rich, free enterprise for the poor - 2021-01-27 40 0 0 0 0 0 1354245761718906882 1354245761718906882
Private enterprise is more efficient than government? 2021-01-17 39 0 0 0 0 0 1350830524940468224 1350830524940468224
How dare you attack somebody's annuity! 2021-01-15 25 0 0 0 0 0 1350222629915906048 1350222629915906048
No way Trump could win on the economy. That's what 2021-01-05 45 0 0 0 0 0 1346265552252141569 1346265552252141569
It had to happen eventually - enormous companies push 2021-01-04 48 0 0 0 0 0 1346241346395226113 1346241346395226113
New Republican principles on public debt: it's good if 2021-01-03 45 0 0 0 0 0 1345840634599407616 1345840634599407616
It's a good thing all those Republican farmers know how 2021-01-02 39 0 0 0 0 0 1345388737274941441 1345388737274941441
How much relief do the upper 10% need? 2021-01-01 52 0 0 0 0 0 1344808562027941888 1344808562027941888

Columns of Tweet Tables

The table above has these entries:

UPDATED Wed Oct 19 23:41:52 PDT 2022

==========


Don't let the facts bother you!

https://www.washingtonpost.com/opinions/2021/12/29/this-is-worst-economy-we-never-had/

#PS1economics

=====

impress 22
time 2021-12-31 01:55 +0000
https://twitter.com/politicalscrap1/status/1476733675253342211

==========


Inflation will not likely be cured by 2022.     Good news
for GOP.

https://www.washingtonpost.com/business/2021/12/29/inflation-2022-price-fed/

But the only way they will be able to stop it is with
a recession.     Either way they lose in 2024.

More at

https://www.facebook.com/politicalscrapbooknet/posts/1570557403288773

#PS1economics

=====

impress 29
time 2021-12-30 23:51 +0000
https://twitter.com/politicalscrap1/status/1476702480268365831

==========


The year in review - a changed economy

https://apnews.com/article/coronavirus-pandemic-health-business-economy-prices-5ebdc188d7b2f6eaaedeff863c49ba67

#PS1economics

=====

impress 36
time 2021-12-26 22:46 +0000
https://twitter.com/politicalscrap1/status/1475236686875398144

==========


10 economic debate topics to take back to the store and
exchange this week!

https://www.mercurynews.com/2021/12/22/lets-exchange-these-10-economic-debates-for-some-real-logic/

#PS1economics

=====

impress 34
time 2021-12-26 22:44 +0000
https://twitter.com/politicalscrap1/status/1475235978419703809

==========


Inflation is bad but recession is worse -

https://www.nytimes.com/2021/12/17/opinion/inflation-federal-reserve-us-economy.html

#PS1economics

=====

engage 1
engage-rate 4%
impress 26
time 2021-12-22 06:02 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1473534334288031745

==========


What does society owe renters who are priced out of a
rising market?      What does it owe people looking for
housing who are willing and able to pay market rent?

https://www.mercurynews.com/2021/12/21/should-renters-get-first-dibs-on-bay-area-real-estate-deals/

#PS1economics

=====

impress 33
time 2021-12-21 20:33 +0000
https://twitter.com/politicalscrap1/status/1473391145375846403

==========


Nebraska's governor is trying anything to get people back
to work, EXCEPT increasing their pay, providing child
care, or protecting them from the virus carried by other
unvaccinated unmasked employees and customers.

https://apnews.com/article/coronavirus-pandemic-business-health-nebraska-pete-ricketts-5cf5cef955a79c466281fd43f32cc358

Slavery?  Open borders?

#PS1economics

=====

impress 23
time 2021-12-19 20:05 +0000
https://twitter.com/politicalscrap1/status/1472659446669066240

==========


Inflation is a political problem everywhere, even for
Trumpist "strong leaders" like Orban in Hungary.

https://apnews.com/article/business-middle-east-barcelona-poland-spain-74c8a4e002465ceb56afa0d8eed6ec3b

GOP should be glad they don't actually have power - then
they'd be blamed.

#PS1economics

=====

engage 1
engage-rate 3%
impress 29
time 2021-12-19 07:54 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1472475503005106176

==========


How the rich get richer

https://finance.yahoo.com/news/sec-eyes-crackdown-u-executives-143000023.html

The SEC might do something about it.

#PS1economics

=====

engage 2
engage-rate 11%
expands 1
impress 18
time 2021-12-17 03:25 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1471682888382828548

==========


Rich get richer and poor get poorer - Cayman, Bahamas,
Delaware, carried interest...

https://www.washingtonpost.com/business/interactive/2021/investors-rental-foreclosure/

Everywhere investors are buying single family homes for
rentals.   Fast all cash offers look good to sellers,
until they try to buy their next home.

#PS1economics

=====

impress 37
time 2021-12-16 07:12 +0000
https://twitter.com/politicalscrap1/status/1471377558113439744

==========


Debt limit crisis suspended for a while by Democrats.
GOP not grateful for Democratic help when GOP was in
control.

https://apnews.com/article/congress-debt-limit-joe-biden-355758a9591de7e4fe93ab5061904a65

#PS1economics

=====

impress 35
time 2021-12-15 06:17 +0000
https://twitter.com/politicalscrap1/status/1471001560901505028

==========


Why workers need unions.

https://www.nytimes.com/2021/12/14/opinion/tornadoes-mayfield-amazon.html

Private government is a libertarian dream.      It was
the only kind prior to the Enlightenment.

#PS1economics

=====

engage 1
engage-rate 3%
expands 1
impress 39
time 2021-12-15 06:06 +0000
https://twitter.com/politicalscrap1/status/1470998718459494405

==========


Another way to undermine Biden.

https://www.nytimes.com/2021/12/14/opinion/jelena-mcwilliams-fdic-bank-regulation.html

Bank consolidation is even worse than general corporate
consolidation.

#PS1economics

=====

engage 1
engage-rate 3%
impress 33
time 2021-12-15 05:44 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1470993235820433410

==========


It doesn't matter whether the losers are the readers or
the authors!

https://www.nytimes.com/2021/12/13/books/penguin-random-house-simon-schuster.html

American antitrust law needs to be explicit that market
concentration is bad in and of itself.

#PS1economics

=====

engage 1
engage-rate 1%
impress 71
time 2021-12-15 04:21 +0000
userclicks 1
https://twitter.com/politicalscrap1/status/1470972245438709767

==========


Why service is so slow, everywhere you go.

https://www.washingtonpost.com/business/2021/12/12/quitting-great-resignation-downside-labor-shortage/

More legal immigration would help.

#PS1economics

=====

impress 36
time 2021-12-14 01:13 +0000
https://twitter.com/politicalscrap1/status/1470562549615652866

==========


No need to move to Texas! You can enjoy Permian Basin air
and politicians like Greg Abbott right here in Kern County,
and no humidity!

https://www.nytimes.com/2021/12/11/us/california-housing-bakersfield.html

But like Austin, an influx of upward strivers might change
the local culture of Bakersfield too.

#PS1economics

=====

engage 1
engage-rate 2%
impress 52
time 2021-12-13 04:14 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1470245670934040576

==========


Silicon Valley still booming despite Greg Abbott's kind
invitation to relocate to Texas.

https://www.mercurynews.com/2021/12/11/while-most-bay-area-economies-floundered-in-the-first-year-of-the-pandemic-santa-clara-countys-soared/

#PS1economics

=====

impress 38
time 2021-12-13 04:02 +0000
https://twitter.com/politicalscrap1/status/1470242670169636864

==========


How gentrification works.

https://www.northbaybusinessjournal.com/article/article/mattsons-continue-sonoma-valley-buying-spree/

It used to be called urban renewal.     Doesn't every
community want more billionaires calling the shots?

#PS1economics

=====

impress 51
time 2021-12-13 01:43 +0000
https://twitter.com/politicalscrap1/status/1470207756460171264

==========


Some unions are beginning to flex some muscle.  Not all
are successful.

https://www.washingtonpost.com/nation/interactive/2021/worker-revolt-comes-dollar-general-connecticut/?itid=hp-top-table-main

#PS1economics

=====

impress 21
time 2021-12-12 22:22 +0000
https://twitter.com/politicalscrap1/status/1470157067428057089

==========


H1B abuse in Silicon Valley?

https://www.mercurynews.com/2021/12/09/h-1b-visa-major-tech-employer-in-silicon-valley-committing-wage-theft-against-foreign-workers-report-alleges/

#PS1economics

=====

impress 45
time 2021-12-12 00:45 +0000
https://twitter.com/politicalscrap1/status/1469830791571988481

==========


Ask people about "the economy" and they look at gas prices
and say it's terrible, especially GOP.      Ask people and
businesses how they are themselves doing, or just look at
their economic behavior, and it's just great.

https://www.nytimes.com/2021/12/09/opinion/economy-inflation-spending-jobs.html

#PS1economics

=====

impress 29
time 2021-12-11 13:29 +0000
https://twitter.com/politicalscrap1/status/1469660613953474561

==========


What makes money work?

https://www.nytimes.com/2021/12/10/opinion/cash-crypto-trust-money.html

For now, at least, take comfort from the most common global
store of value is - American $100 bills.

#PS1economics

=====

impress 32
time 2021-12-11 12:59 +0000
https://twitter.com/politicalscrap1/status/1469652945406869505

==========


Side effect of covid - enlightenment about what's really
important.

https://www.nytimes.com/2021/12/04/business/public-resignation-quitting.html

A side effect of poverty, though, is desperate desire to
take any job, which will happen again eventually.

#PS1economics

=====

impress 33
time 2021-12-11 12:26 +0000
https://twitter.com/politicalscrap1/status/1469644651246194690

==========


Who is Satoshi Nakamoto?

https://apnews.com/article/technology-business-new-york-bitcoin-craig-wright-c822c8fca349b7b779b23aa2b6e9db32

#PS1economics

=====

impress 20
time 2021-12-10 01:34 +0000
https://twitter.com/politicalscrap1/status/1469118390107209728

==========


Crypto currencies are not as stable as T-Bills!

https://ca.finance.yahoo.com/news/bitcoin-plunges-over-20-another-063422558.html

#PS1economics

=====

impress 17
time 2021-12-10 01:29 +0000
https://twitter.com/politicalscrap1/status/1469117011179433984

==========


Reshipping work-at-home scams - you lose money AND might
be criminally liable.

https://www.freep.com/story/money/personal-finance/susan-tompor/2021/12/01/champagne-buckets-ski-doo-part-reshipping-scam-hit-detroiter/8793353002/

#PS1economics

=====

impress 25
time 2021-12-10 01:21 +0000
https://twitter.com/politicalscrap1/status/1469115047020404738

==========


Trump says GOP shouldn't pay its past indebtedness.
Many GOP legislators agree.    But McConnell says OK
as long as Democrats specify the amount of past GOP
indebtedness to cover.

https://apnews.com/article/business-janet-yellen-congress-2044ae1969a650b0400916dfca758f1d

#PS1economics

=====

impress 26
time 2021-12-08 14:08 +0000
https://twitter.com/politicalscrap1/status/1468583292324569095

==========


How expectations about the future affect labor market
behavior today.       Is the Great Resignation just a sign
of optimism?

https://www.nytimes.com/2021/12/03/opinion/economy-biden-november-jobs-report.html

#PS1economics

=====

impress 24
time 2021-12-04 04:44 +0000
https://twitter.com/politicalscrap1/status/1466991894362157057

==========


"We are now learning the hard way what 40 years of
unbridled consolidation and lax merger enforcement mean"

https://www.washingtonpost.com/us-policy/2021/11/29/ftc-supply-chain-inquiry/

Of course!   Deregulation is a pillar of minority rule -
a few big wealthy powerful players is better than a bunch
of little ones!

#PS1economics

=====

impress 11
time 2021-12-02 17:35 +0000
https://twitter.com/politicalscrap1/status/1466460938882543618

==========


GOP doesn't want legal immigration and doesn't want to
support families.      Who do they think is going to do
the work?

https://www.washingtonpost.com/opinions/2021/12/01/enhanced-child-tax-credit-is-smart-investment-senate-should-extend-it/

More at

https://www.facebook.com/politicalscrapbooknet/posts/1551697371841443

#PS1economics

=====

impress 14
time 2021-12-02 17:31 +0000
https://twitter.com/politicalscrap1/status/1466459949744091141

==========


Still no slowdown in Silicon Valley.

https://www.mercurynews.com/2021/12/02/even-less-affordable-bay-area-home-prices-keep-soaring/

Pandemic aggravated housing wealth gap.

https://mercurynews.com/2021/11/30/bubble-watch-pandemic-made-housings-rich-only-richer/

Location, location, location.

#PS1economics

=====

impress 14
time 2021-12-02 17:10 +0000
https://twitter.com/politicalscrap1/status/1466454674903502853

==========


GOP has offers criticism but no solutions -

https://washingtonpost.com/us-policy/2021/11/14/inflation-economy-biden-prices/

Suggestions:

1) Deregulate!    Allow 12-year-olds to drive 18-wheelers
for $15/hour.    They can use guns, why not trucks?  ...
6) Billionaire tax relief!

More at

https://facebook.com/politicalscrapbooknet/posts/1551638471847333

#PS1economics

=====

impress 9
time 2021-12-02 15:44 +0000
https://twitter.com/politicalscrap1/status/1466433000380510223

==========


Tired of Silicon Valley real estate prices?     Austin is
going the same way - making room by moving out poor people.

https://www.nytimes.com/2021/11/27/us/austin-texas-unaffordable-city.html

There's still plenty of Texas where houses are cheap -
urban amenities scarce - and politicians ridiculous.

#PS1economics

=====

engage 3
engage-rate 6%
impress 54
likes 1
time 2021-11-29 04:17 +0000
urlclicks 2
https://twitter.com/politicalscrap1/status/1465173135569739781

==========


John Deere workers win better compensation and benefits,
taking advantage of current economic conditions.

https://www.arcamax.com/business/businessnews/s-2588950?fs

#PS1economics

=====

impress 28
time 2021-11-29 04:09 +0000
https://twitter.com/politicalscrap1/status/1465171096328495104

==========


Will a four-day workweek become the new normal?

https://www.nytimes.com/2021/11/23/business/dealbook/four-day-workweek.html

Do organizations have the discipline to shorten or
eliminate useless meetings?

#PS1economics

=====

impress 25
time 2021-11-29 03:49 +0000
https://twitter.com/politicalscrap1/status/1465166121003192321

==========


Not everybody in Silicon Valley is hurting for a place
to live!

https://www.mercurynews.com/2021/11/28/record-second-home-purchases-fueled-by-bay-area-wealth/

#PS1economics

=====

impress 29
time 2021-11-29 02:25 +0000
https://twitter.com/politicalscrap1/status/1465144769751834627

==========


Supply chain myths

https://www.washingtonpost.com/outlook/five-myths/supply-chain-myths/2021/11/24/f439dbec-4ca1-11ec-b0b0-766bbbe79347_story.html

Caused by covid colliding with offshored manufacturing and
just-in-time logistics, all of these factors are going to
take years to unwind.     Bad news for Biden and Democrats,
though GOP has no better ideas.

#PS1economics

=====

engage 2
engage-rate 5%
expands 1
impress 40
likes 1
time 2021-11-28 08:00 +0000
https://twitter.com/politicalscrap1/status/1464866684611661830

==========


A seasonal labor shortage.

https://www.washingtonpost.com/lifestyle/style/santa-shortage-alternatives/2021/11/25/1f117c96-489f-11ec-95dc-5f2a96e00fa3_story.html

Who wants to risk omicron for hours every day?

#PS1economics

=====

impress 36
time 2021-11-27 14:17 +0000
https://twitter.com/politicalscrap1/status/1464599314567548933

==========


The end of real family farming.

https://news.yahoo.com/once-were-gone-were-not-125900469.html

It's just too hard for the return.

Note that when GOP politicians speak of "family farms"
they really mean incorporated agribusinesses - big enough
to be major political donors.

#PS1economics

=====

impress 19
time 2021-11-27 04:00 +0000
https://twitter.com/politicalscrap1/status/1464444014157959176

==========


Subminimum wage - a Florida GOP idea.

https://news.yahoo.com/florida-lawmakers-consider-subminimum-wage-013500028.html

“The goal here is to get people trained and then moved
up to the minimum wage and beyond.”

Good  - otherwise it sounds like another plot to get
$4.25/hour employees and then fire and replace them.

#PS1economics

=====

engage 1
engage-rate 4%
impress 24
time 2021-11-27 03:53 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1464442303922114560

==========


Now hoarding and warehouses full of inventory seems smarter
than just-in-time logistics.

https://bnnbloomberg.ca/people-are-hoarding-food-shortages-are-the-next-supply-chain-crunch-1.1668387

More at

https://facebook.com/politicalscrapbooknet/posts/1530403440637503

#PS1economics

=====

engage 1
engage-rate 3%
expands 1
impress 29
time 2021-11-25 18:16 +0000
https://twitter.com/politicalscrap1/status/1463934557925740547

==========


The way to beat inflation is to have a severe recession.
It worked for Reagan 40 years ago!

https://apnews.com/article/coronavirus-pandemic-joe-biden-health-business-richard-nixon-ae06d5cccf066239f9aa7f06491c7698

But usually a recession is blamed on the president, worse
than inflation.

#PS1economics

=====

impress 26
time 2021-11-25 05:59 +0000
https://twitter.com/politicalscrap1/status/1463749258100625413

==========


More trouble ahead.

The west coast longshoremen contract expires in 2022.
The east coast contract expires in 2024.  Right now,
labor is in command.

https://www.latimes.com/opinion/story/2021-11-18/biden-had-better-get-the-ports-back-to-work

Inflation by increased labor costs or inflation by
decreased supply due to strikes?

#PS1economics

=====

engage 1
engage-rate 3%
impress 30
likes 1
time 2021-11-25 03:39 +0000
https://twitter.com/politicalscrap1/status/1463713906606559239

==========


Is it possible to get public employee pension funding on
a sound financial basis?

https://www.political-scrapbook.net/controversial.html#defined%20benefit

https://www.eastbaytimes.com/2021/11/20/borenstein-biden-like-obama-aims-to-weaken-california-pension-reform/

#PS1economics

=====

impress 22
time 2021-11-21 21:14 +0000
https://twitter.com/politicalscrap1/status/1462529894512947200

==========


Ever wonder why EVERY restaurant has a Help Wanted sign
and so many workers seem to have been hired yesterday?

https://www.washingtonpost.com/opinions/2021/11/16/service-industry-jobs-rude-customers/

If you want better, faster service, you're going to have
to pay for it.

#PS1economics

=====

impress 26
time 2021-11-17 07:21 +0000
https://twitter.com/politicalscrap1/status/1460870746452873218

==========


Time to get back to the game of brinkmanship.      Some of
the GOP are willing to bankrupt the government in order
to get on Fox.   Others are just pretending.

https://apnews.com/article/business-janet-yellen-congress-f0d9e9e5239f5e1ca80051f221e603d7

#PS1economics

=====

impress 20
time 2021-11-17 06:53 +0000
https://twitter.com/politicalscrap1/status/1460863725208883206

==========


When inflation is externally driven, there is not much
anybody can do except let market forces take their course.

But "there's nothing to be done but wait" is poison for
a politician in a democracy, no matter how true it is.

https://www.washingtonpost.com/opinions/2021/11/15/inflation-biden-gop-delusion/

#PS1economics

=====

impress 26
time 2021-11-16 01:27 +0000
https://twitter.com/politicalscrap1/status/1460419185910030337

==========


Something new in antitrust law - considering effects
on workers.

https://www.nytimes.com/2021/11/15/opinion/antitrust-penguin-biden.html

But the real point is that concentrated power is bad and
needs to be periodically redistributed - as surely for
economic power as political.

#PS1economics

=====

impress 27
time 2021-11-16 00:21 +0000
https://twitter.com/politicalscrap1/status/1460402617704538112

==========


The free market at work - slowly!

https://www.nytimes.com/2021/11/08/technology/computer-chip-shortage.html

The market for commodity microcontrollers has passed from
a buyer's market to a seller's.    Now manufacturers are
increasing capacity.

More at

https://www.facebook.com/politicalscrapbooknet/posts/1539882853022895

#PS1economics

=====

impress 10
time 2021-11-15 00:28 +0000
https://twitter.com/politicalscrap1/status/1460042007867387905

==========


Whoops - maybe real estate is NOT a road to instant riches!

https://711web.com/is-the-fickle-zillow-fiasco-at-home-a-warning/

“Buy high, sell high is a suspicious concept" Bubbly
suspicious.

#PS1economics

=====

impress 15
time 2021-11-15 00:11 +0000
https://twitter.com/politicalscrap1/status/1460037640661598208

==========


Inflation in Europe and the US - more similar than
different.    GOP will blame Biden anyway.

https://www.nytimes.com/2021/11/12/opinion/inflation-us-europe-covid.html

#PS1economics

=====

impress 18
time 2021-11-14 22:17 +0000
https://twitter.com/politicalscrap1/status/1460009023365804037

==========


Tired of Silicon Valley real estate?     Don't expect it
to be much better in Austin.

https://www.nytimes.com/2021/11/12/magazine/real-estate-pandemic.html

Too many tax incentives for investors make it hard to buy
a house to live in.   The investors are major political
donors, so don't expect that to change.

#PS1economics

=====

impress 40
time 2021-11-14 21:54 +0000
https://twitter.com/politicalscrap1/status/1460003151499513856

==========


Where do feelings about the economy and the future come
from?

https://www.nytimes.com/2021/11/09/opinion/economy-inflation-supply-chain.html

Objective reality is only part of it; media propaganda
is also important.      That matters because swing voters
are mostly persuaded by how they feel about the economy.

#PS1economics

=====

impress 69
time 2021-11-13 14:36 +0000
https://twitter.com/politicalscrap1/status/1459530524830011398

==========


Are more people returning to single incomes during
child-raising years?

https://www.washingtonpost.com/opinions/2021/11/12/are-americans-starting-embrace-one-earner-households-again/

If so that's inflationary - and requires more immigration.

Where does the "pro-family" GOP stand on this?    Blame
Biden and force people to go back to work!

#PS1economics

=====

impress 74
time 2021-11-13 05:08 +0000
https://twitter.com/politicalscrap1/status/1459387600850939907

==========


Big business is bad for small business, even if they do
nothing illegal.

https://www.washingtonpost.com/business/2021/11/07/small-business-supply-chain-pandemic/

#PS1economics

=====

impress 77
time 2021-11-12 15:40 +0000
https://twitter.com/politicalscrap1/status/1459184381889703938

==========


Wage increases not beating inflation!

https://www.bloomberg.com/opinion/articles/2021-09-17/inflation-has-turned-15-an-hour-wages-into-a-setback

#PS1economics

=====

impress 17
time 2021-11-10 03:53 +0000
https://twitter.com/politicalscrap1/status/1458281754100260872

==========


CEO pay and performance

https://www.nvdaily.com/nvdaily/motley-food/article_70f356a7-0789-52b2-a7ae-6377465e6cf0.html

Worse performance - better pay!

#PS1economics

=====

impress 16
time 2021-11-10 03:51 +0000
https://twitter.com/politicalscrap1/status/1458281053303414794

==========


The economic structure underlying racism

https://www.nytimes.com/2021/11/09/opinion/structural-racism.html

There's nothing new about these ideas.     What's new is
a redoubled and unapologetic push to deny them.

#PS1economics

=====

impress 26
time 2021-11-10 01:05 +0000
https://twitter.com/politicalscrap1/status/1458239250189615104

==========


Measuring Biden with Trump's yardstick.

https://www.washingtonpost.com/politics/2021/11/09/biden-economy-is-doing-pretty-well-by-measures-trump-used-evaluate-his-own/

#PS1economics

=====

impress 24
time 2021-11-10 00:33 +0000
https://twitter.com/politicalscrap1/status/1458231405599625217

==========


No easy fix -

https://www.washingtonpost.com/us-policy/2021/11/09/biden-supply-chain-ports/

Where are they going to find more truck drivers to deliver
all the cargo containers they'll pile up?

#PS1economics

=====

impress 35
time 2021-11-09 23:50 +0000
https://twitter.com/politicalscrap1/status/1458220544298348544

==========


The last conglomerate?    Good riddance!

https://apnews.com/article/business-0efa0e45cba17ec5e51011b83bdd52f1

May it soon be joined by leveraged buyouts and similar
scams.

#PS1economics

=====

impress 27
time 2021-11-09 23:09 +0000
https://twitter.com/politicalscrap1/status/1458210117816512523

==========


What happens when "status quo bias" is disrupted by
external shocks?

https://www.nytimes.com/2021/11/05/opinion/great-resignation-quit-job.html

#PS1economics

=====

impress 43
time 2021-11-06 04:16 +0000
https://twitter.com/politicalscrap1/status/1456837954681200645

==========


Good news for GOP!

https://apnews.com/article/business-economy-prices-inflation-d98e33f5f024e5109486b70662196ed7

GOP has no idea to cure supply-chain issues or mideast
oil cutbacks.      But they can offer plenty of criticism
until they gain control of Congress, then they'll change
the subject until the economy improves on its own.

#PS1economics

=====

impress 27
time 2021-11-03 13:47 +0000
https://twitter.com/politicalscrap1/status/1455894342095151104

==========


Don't think you're likely to consistently do better picking
stocks than professional money managers.      Passive index
stock funds outperform actively managed funds on average.

https://www.msn.com/en-us/money/savingandinvesting/jill-on-money-indexing-is-standing-the-test-of-time/ar-AAQ1Oiq

More at

https://www.facebook.com/politicalscrapbooknet/posts/1531012033909977

#PS1economics

=====

impress 32
time 2021-11-02 02:06 +0000
https://twitter.com/politicalscrap1/status/1455355610644373514

==========


The super rich don't like any publicity.     All publicity
is bad publicity for them.

https://www.mercurynews.com/2021/10/29/into-the-realm-of-the-super-rich-oakland-author-reports-from-the-gilded-edge/

They know perfectly well that accidents and luck have a
lot to do with who gets rich and who doesn't.      The best
luck is to be born rich.

#PS1economics

=====

impress 39
time 2021-11-01 03:03 +0000
https://twitter.com/politicalscrap1/status/1455007657643761673

==========


After workers endured 40 years of union-busting, covid
provided leverage to revive the labor movement.

https://www.washingtonpost.com/business/2021/10/31/faq-striketober/

#PS1economics

=====

engage 2
engage-rate 6%
impress 33
time 2021-11-01 01:18 +0000
urlclicks 2
https://twitter.com/politicalscrap1/status/1454981125281964033

==========


GOP might gain control of Congress in 2022.

https://www.washingtonpost.com/us-policy/2021/10/30/biden-team-struggles-promote-economic-message-inflation-persists/

Persuadable swing voters will make up their minds based
on current supply chain and inflation EFFECTS rather than
long-term CAUSES.

More at

https://www.facebook.com/politicalscrapbooknet/posts/1529855780692269

#PS1economics

=====

engage 1
engage-rate 3%
impress 29
time 2021-10-31 06:22 +0000
userclicks 1
https://twitter.com/politicalscrap1/status/1454695282063544324

==========


Another bank warns about post office delays -

"USPS announced revised service standards resulting in an
increased delivery window.This could impact mail sent to
and from Capital One"

It's an opportunity to push paperless billing, saving lots
of money - for banks.

#PS1economics

=====

impress 86
time 2021-10-27 13:35 +0000
https://twitter.com/politicalscrap1/status/1453354661566554112

==========


Paid leave - another unexpected issue in Virginia?
And maybe elsewhere?

https://www.washingtonpost.com/opinions/2021/10/25/virginia-governor-mcauliffe-paid-leave/

#PS1economics

=====

impress 59
time 2021-10-26 13:40 +0000
https://twitter.com/politicalscrap1/status/1452993598950023168

==========


How alarming - workers organizing the way their employers
do.

https://www.washingtonpost.com/opinions/2021/10/25/liz-shuler-afl-cio-striketober-workers-healthy-labor-movement/

#PS1economics

=====

impress 58
time 2021-10-26 00:35 +0000
https://twitter.com/politicalscrap1/status/1452796014717374469

==========


Universal Basic Income catches on.

https://www.washingtonpost.com/nation/2021/10/25/chicago-poised-create-one-nations-largest-guaranteed-basic-income-programs/

Alaska has had it for 40 years.

#PS1economics

=====

impress 64
time 2021-10-25 23:57 +0000
https://twitter.com/politicalscrap1/status/1452786360905912322

==========


Does anybody really understand economics?

https://www.political-scrapbook.net/theory.html#cycle

Maybe not.     There's too much mass psychology involved.

https://www.nytimes.com/2021/10/01/upshot/inflation-economy-analysis.html

#PS1economics

=====

impress 51
time 2021-10-25 03:08 +0000
https://twitter.com/politicalscrap1/status/1452472188737441793

==========


Amazon outsourced all the HR parts that it didn't want to
bother with.     The theory must have been that HR is not
a core competency because no customer chooses a supplier
based on its HR practices.

https://www.nytimes.com/2021/10/24/technology/amazon-employee-leave-errors.html

Fits GOP ideas about capital vs labor.

#PS1economics

=====

impress 54
time 2021-10-25 02:32 +0000
https://twitter.com/politicalscrap1/status/1452462973503500294

==========


Supply-chain-induced inflation was caused by the inevitable
collision of just-in-time logistics with unforeseen covid.
There's no quick fix.

https://www.washingtonpost.com/opinions/2021/10/22/why-supply-chain-crunch-will-continue-into-2022/

Undeterred by facts, GOP will blame Biden anyway.

More at

https://www.facebook.com/politicalscrapbooknet/posts/1525403934470787

#PS1economics

=====

impress 53
time 2021-10-25 02:09 +0000
https://twitter.com/politicalscrap1/status/1452457195208015872

==========


The solution to labor shortages is out there... pay more!

https://www.nytimes.com/2021/10/24/us/garbage-delays-labor-jacksonville-florida.html

It's hard for GOP to swallow a free market for labor as
well as capital.

#PS1economics

=====

impress 31
time 2021-10-24 22:08 +0000
https://twitter.com/politicalscrap1/status/1452396683048853514

==========


If poor people wanted more influence, they should donate
more to Senatorial campaigns.

https://www.washingtonpost.com/dc-md-va/2021/10/24/west-virginia-manchin-child-tax-credit/

Sure they might have to rob a bank to donate enough to be
noticed, but that's how you get Congress to work for you
instead of against you.

#PS1economics

=====

impress 34
time 2021-10-24 17:02 +0000
https://twitter.com/politicalscrap1/status/1452319699572871168

==========


Workers want to have a life - a novel concept to some
employers.

https://apnews.com/article/business-lifestyle-new-york-306596169aed48d6d7bebe351ce51ad0

That's one of the reasons for the Great Resignation.
Workers should exploit what freedoms they can.  Party's
over when GOP takes over.

#PS1economics

=====

engage 1
engage-rate 3%
impress 30
time 2021-10-24 02:10 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1452095111651729410

==========


The GOP could re-legalize slavery - an employment draft
like the military draft.     Then they could avoid making
jobs attractive.

https://apnews.com/article/coronavirus-pandemic-business-lifestyle-health-indiana-d3acd668eaf6343aada03cd660055bbc

Turns out GOP family values do not include parents staying
home to take care of children.

#PS1economics

=====

impress 79
time 2021-10-22 17:53 +0000
https://twitter.com/politicalscrap1/status/1451607717898948609

==========


Why everything is scarce and expensive -

https://www.nytimes.com/2021/10/22/business/shortages-supply-chain.html

It's the revenge of the virus and just-in-time logistics.
The system would fix itself eventually if there were
no further shocks, but there will be, sooner or later.
As usual, GOP blames Biden.

#PS1economics

=====

impress 71
time 2021-10-22 16:57 +0000
https://twitter.com/politicalscrap1/status/1451593580544290823

==========


The black death increased the power of labor and led to
the rise of the middle class.

Is something similar happening now?

https://www.nytimes.com/2021/10/21/opinion/covid-work-strikes-quit-resignation.html

Relative incomes of workers increased for a generation
after the depression, then declined with Reaganism.

#PS1economics

=====

impress 83
time 2021-10-22 00:30 +0000
https://twitter.com/politicalscrap1/status/1451345164996280323

==========


How corporations reorganize to avoid liability.

https://www.nytimes.com/2021/10/20/business/chemours-dupont-pfas-genx-chemicals.html

#PS1economics

=====

impress 101
time 2021-10-21 03:17 +0000
https://twitter.com/politicalscrap1/status/1451024941441114112

==========


Teachers wearing out.

https://www.washingtonpost.com/magazine/2021/10/18/teachers-resign-pandemic/

There are so many easier ways to earn a better living.
Children just aren't a priority with most voters.

#PS1economics

=====

impress 78
time 2021-10-20 23:56 +0000
https://twitter.com/politicalscrap1/status/1450974145601171457

==========


"The winners in all of this are the exchanges and the
asset managers and the custodians"

Three out of four ain't bad!

https://apnews.com/article/technology-business-bitcoin-f6d7ba724bf156fd5d603661c99fd5c2

#PS1economics

=====

impress 84
time 2021-10-20 06:15 +0000
https://twitter.com/politicalscrap1/status/1450707286469459968

==========


As predicted - on the whole, hedge funds made money on
Gamestop in January.      Made it off individual investors.

https://apnews.com/article/business-bf7f6f6155a9ebf107430806d806330a

It's very hard to compete with bargain-price trade
execution.

#PS1economics

=====

impress 115
time 2021-10-19 00:12 +0000
https://twitter.com/politicalscrap1/status/1450253509606051840

==========


The woes of blue cities in red states.

https://www.nytimes.com/2021/10/18/opinion/parler-nashville.html

They attract the monetizers of Trumpism with the best
of both worlds - combining no income taxes and Trumpist
state politicians with an intellectually and artistically
stimulating and vibrant economy.

#PS1economics

=====

impress 112
time 2021-10-18 14:37 +0000
https://twitter.com/politicalscrap1/status/1450108848715427841

==========


Ride sharing comes back to earth.

https://www.nytimes.com/2021/10/17/opinion/uber-lyft.html

#PS1economics

=====

impress 108
time 2021-10-18 14:27 +0000
https://twitter.com/politicalscrap1/status/1450106211202785289

==========


That was the economics that wasn't.

https://www.washingtonpost.com/opinions/2021/10/18/urban-myths-about-economics-have-taken-root-cost-is-high/

The Nobel Prize in economics was awarded to scholars who
tried to put statistical economics comparative studies on
more solid ground.

#PS1economics

=====

impress 98
time 2021-10-18 13:56 +0000
https://twitter.com/politicalscrap1/status/1450098549576777728

==========


Plan on permanent inflation or plan on transient inflation?

Which is worse if we're wrong?

https://www.nytimes.com/2021/10/15/opinion/us-economy-inflation.html

#PS1economics

=====

impress 80
time 2021-10-17 22:34 +0000
https://twitter.com/politicalscrap1/status/1449866387514486790

==========


When labor is scarce, strikes work better.

https://www.washingtonpost.com/business/2021/10/17/strikes-great-resignation/

#PS1economics

=====

impress 81
time 2021-10-17 21:18 +0000
https://twitter.com/politicalscrap1/status/1449847433056309250

==========


We didn't defeat the business cycle after all.

https://www.political-scrapbook.net/theory.html#cycle

People can believe inflation into existence - just like
recession.

https://www.washingtonpost.com/business/2021/10/15/us-economy-inflation-uncomfortable/

Thus transitory covid demand-supply imbalance can lead to
long-term inflationary psychology.

#PS1economics

=====

impress 95
time 2021-10-15 22:18 +0000
https://twitter.com/politicalscrap1/status/1449137728050716676

==========


A universal income in lieu of dozens of mean-tested
programs and associated bureaucracies might be more
effective.

https://www.political-scrapbook.net/2020-ubi.html

Means testing is a way to prevent broad popularity of
programs and make it easier to kill them.

https://www.washingtonpost.com/opinions/2021/10/14/means-testing-is-bad-policy-bad-politics-keep-it-out-build-back-better-act/

#PS1economics

=====

impress 90
time 2021-10-15 14:30 +0000
https://twitter.com/politicalscrap1/status/1449019978473111558

==========


Why people don't want lousy jobs any more.

https://www.nytimes.com/2021/10/14/opinion/workers-quitting-wages.html

The pandemic focused their thinking.    Life is too short
for lousy jobs.

#PS1economics

=====

impress 87
time 2021-10-15 03:34 +0000
https://twitter.com/politicalscrap1/status/1448854822627647490

==========


Where inflation is hitting hardest -

https://www.washingtonpost.com/business/2021/10/14/inflation-prices-supply-chain/

Can we rein it in before inflationary psychology sets in
for a decade or more?

#PS1economics

=====

impress 91
time 2021-10-15 03:09 +0000
https://twitter.com/politicalscrap1/status/1448848445041614855

==========


For once, Nobel prize research with immediate applications
to ordinary life.

https://www.nytimes.com/2021/10/11/opinion/nobel-prize-economics.html

Sometimes you can do fairly well controlled experiments
in economics.   But that won't bother GOP legislators.
They already know what they are paid to believe.

#PS1economics

=====

impress 51
time 2021-10-13 20:19 +0000
https://twitter.com/politicalscrap1/status/1448382808259395584

==========


No politician wants to tackle Social Security's long-term
problem - raise taxes or reduce benefits.

https://www.political-scrapbook.net/controversial.html#defined%20benefit

People live too long and there aren't enough young people
to pay for it.

But they get an inflation offset -

https://apnews.com/article/social-security-cola-increase-4f2cd7b763371b91923227be883e367e

#PS1economics

=====

impress 49
time 2021-10-13 17:30 +0000
https://twitter.com/politicalscrap1/status/1448340500793081859

==========


The dark sides of online retailing -

https://www.theatlantic.com/magazine/archive/2021/11/free-returns-online-shopping/620169/

https://www.washingtonpost.com/business/2021/10/11/warehouse-jobs-holidays-seasonal-hiring/

#PS1economics

=====

impress 70
time 2021-10-11 21:21 +0000
https://twitter.com/politicalscrap1/status/1447673843464617988

==========


Surprise!    Neither minimum wage nor immigration cause
unemployment.

https://apnews.com/article/nobel-prizes-business-europe-3cbc672f994ae6f4f486a68b52c2bb32

GOP politicians will keep saying the opposite anyway,
because that's what they do.

#PS1economics

=====

impress 84
time 2021-10-11 13:21 +0000
https://twitter.com/politicalscrap1/status/1447552910410223619

==========


Did you notice when Powerade went from 32oz to 28oz?

https://www.reddit.com/r/assholedesign/comments/eta5ps/powerade_is_using_shrinkflation_by_replacing/

Other forms of inflation are subtler -

https://www.nytimes.com/2021/10/10/upshot/shadow-inflation-analysis.html

Restaurant and hotel service is not what it used to be.
Phone tree hell has replaced customer service people.

#PS1economics

=====

impress 84
time 2021-10-11 03:27 +0000
https://twitter.com/politicalscrap1/status/1447403508135723009

==========


The shipping crisis is not getting better.

https://www.nytimes.com/2021/10/10/business/supply-chain-crisis-savannah-port.html

Who's to blame?     All those MBA's who 30 years ago were
touting offshore manufacturing and just-in-time logistics.
They were right - it was cheaper - as long as absolutely
nothing went wrong.

#PS1economics

=====

engage 1
engage-rate 1%
impress 88
time 2021-10-11 02:58 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1447396257786331137

==========


Why would anybody want to have anything to do with these
guys?

https://www.bloomberg.com/news/features/2021-10-07/crypto-mystery-where-s-the-69-billion-backing-the-stablecoin-tether

Don't invest in something you don't understand - very
ancient wisdom.

#PS1economics

=====

impress 79
time 2021-10-11 00:52 +0000
https://twitter.com/politicalscrap1/status/1447364515704627328

==========


Delta economy depresses office space in some places

https://apnews.com/article/coronavirus-pandemic-business-unemployment-health-bf233e99f16690a3e37cf102021b956a

But not Silicon Valley

https://www.mercurynews.com/2021/10/08/covid-real-estate-silicon-valley-office-rent-record-heights-tech/

Housing prices continue to rise too - amazing since
everybody is moving to Texas, according to Greg Abbott.

#PS1economics

=====

impress 22
time 2021-10-10 18:27 +0000
https://twitter.com/politicalscrap1/status/1447267477138722817

==========


Why so few jobs were filled in September.

https://apnews.com/article/coronavirus-pandemic-business-united-states-health-economy-c9189de30b0cf807689e83f5e56d218d

#PS1economics

=====

impress 14
time 2021-10-10 05:59 +0000
https://twitter.com/politicalscrap1/status/1447079285039058946

==========


There are some reasons to hope for a better future in
6-9 months.

https://www.nytimes.com/2021/10/07/opinion/recovery-covid-economy.html

But climate change and know-nothing-ism aren't going away.

#PS1economics

=====

impress 56
time 2021-10-08 02:44 +0000
https://twitter.com/politicalscrap1/status/1446305533821026305

==========


The debt ceiling - a guide for the perplexed.

https://www.nytimes.com/2021/09/27/us/politics/us-debt-ceiling.html

#PS1economics

=====

impress 49
time 2021-10-08 02:30 +0000
https://twitter.com/politicalscrap1/status/1446302065769074688

==========


All the twisted thinking behind the debt ceiling
postponement.

https://www.washingtonpost.com/powerpost/default-senate-deal/2021/10/07/222f9008-2779-11ec-8831-a31e7b3de188_story.html

McConnell knew what he was doing, and so did Schumer.
They both think they are better off.

Those who speak, do not know; those that know, do not
speak.      For now.

#PS1economics

=====

impress 57
time 2021-10-08 02:16 +0000
https://twitter.com/politicalscrap1/status/1446298372730540036

==========


How white blue-collar workers shifted from leftists to
reactionaries, and ending up serving the purposes of the
minority rulers that abused them.

https://www.nytimes.com/2021/10/07/opinion/globalization-work-trump-social-justice.html

#PS1economics

=====

impress 89
time 2021-10-07 19:32 +0000
https://twitter.com/politicalscrap1/status/1446196645218054145

==========


Does the 14th Amendment solve the budget ceiling crisis?

https://www.nytimes.com/2021/10/07/opinion/biden-debt-ceiling.html

It would end up in court, so who can tell.     Better for
the Democrats to bite the bullet and use filibuster to
eliminated the budget ceiling permanently.

#PS1economics

=====

impress 78
time 2021-10-07 16:07 +0000
https://twitter.com/politicalscrap1/status/1446145256932593675

==========


Could the yuan displace the dollar in international
finance?

https://www.washingtonpost.com/opinions/2021/01/20/how-trump-made-chinas-currency-great-again/

That's where the GOP is headed.

https://www.washingtonpost.com/world/2021/10/07/world-is-questioning-washingtons-competence-fearing-prospect-us-default/

The world is right to question the competence of Congress.

#PS1economics

=====

engage 2
engage-rate 2%
impress 83
likes 1
time 2021-10-07 15:12 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1446131386839027720

==========


A filibuster change to pass a debt ceiling increase?

https://apnews.com/article/joe-biden-business-congress-filibusters-daf3d1c1e78a764b01af043ac2617cc6

Then call out the Democratic senators who fail to support
it.

#PS1economics

=====

impress 196
time 2021-10-06 06:08 +0000
https://twitter.com/politicalscrap1/status/1445632039156285440

==========


A trillion dollar coin to solve the debt ceiling crisis?

https://apnews.com/article/donald-trump-business-congress-85d495defe92b42915c19f3fc2d0176d

Better to vote to eliminate the debt ceiling altogether -
and call out the GOP senators who vote for default.

Then pass it anyway by overriding the filibuster on this
one issue.

#PS1economics

=====

engage 1
engage-rate 0%
impress 234
time 2021-10-06 06:04 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1445631039318093835

==========


Companies are rethinking offshoring and just-in-time
logistics. Those approaches were cheaper - until they
didn't work at all.

https://apnews.com/article/coronavirus-pandemic-technology-business-health-hurricanes-46bce9cc36dab2b330309dae0354cf53

If the pandemic economic recovery had been slower, the
chances of shortages and inflation might have been lower.

#PS1economics

=====

impress 150
time 2021-10-04 20:56 +0000
https://twitter.com/politicalscrap1/status/1445130748235636736

==========


Debt ceiling history and future.

https://usanewssite.com/culture/jill-on-money-debt-ceiling-fight-risks-fiscal-defcon-1/

There's still a sufficient majority to prevent default.
But the GOP is recruiting Foxy Trumpist morons and crazies
to Congress who would vote for default, just because the
Democrats said not  to.

#PS1economics

=====

impress 131
time 2021-10-04 20:50 +0000
https://twitter.com/politicalscrap1/status/1445129267390529540

==========


If you play a good hand poorly, you still lose.

https://www.washingtonpost.com/opinions/2021/09/30/us-economy-soars-while-american-politics-craters/

#PS1economics

=====

impress 118
time 2021-10-04 20:09 +0000
https://twitter.com/politicalscrap1/status/1445118952007364616

==========


Starting with the Reagan era, income and wealth inequality
has grown so great that it threatens American democracy.

https://www.washingtonpost.com/opinions/2021/09/23/robert-kagan-constitutional-crisis/

That's why the common man deserves $3.5 trillion -

https://www.nytimes.com/2021/09/30/opinion/federal-spending-democrats.html

More at

https://www.facebook.com/politicalscrapbooknet/posts/1511317445879436

#PS1economics

=====

impress 133
time 2021-10-04 14:49 +0000
https://twitter.com/politicalscrap1/status/1445038396863176707

==========


The end of tipping?

https://www.nytimes.com/2021/09/20/dining/restaurant-wages.html

Food service employers are considering the radical idea of
paying a living wage to ALL their employees.  Better to
raise prices accordingly and enforce a NO TIPPING policy
in order to pay every worker fairly.

#PS1economics

=====

impress 151
time 2021-10-04 03:41 +0000
https://twitter.com/politicalscrap1/status/1444870178987147265

==========


Funny money funnies 3 - wrong answers from Eric Cantor!

https://www.washingtonpost.com/outlook/old-debt-ceiling-fights-had-a-purpose-this-one-doesnt/2021/10/01/847a3b74-2237-11ec-9309-b743b79abc59_story.html

The debt ceiling fights haven't changed.      The
difference is we have more reality-deprived legislators
willing to actually default on the debt.

More at

https://www.facebook.com/politicalscrapbooknet/posts/1510829965928184

#PS1economics

=====

impress 68
time 2021-10-03 21:01 +0000
https://twitter.com/politicalscrap1/status/1444769547932733440

==========


Funny money funnies 2 - the trillion dollar platinum coin

https://www.washingtonpost.com/outlook/2021/10/01/mint-coin-debt-ceiling/

Instant solution to the debt limit crisis.       Do it,
and then repeal the debt limit entirely when the absurdity
has fully sunk in.

#PS1economics

=====

engage 3
engage-rate 3%
expands 2
impress 105
time 2021-10-03 20:35 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1444763102071779329

==========


Funny money funnies 1 - regulating "stablecoins"

https://www.washingtonpost.com/business/2021/10/02/stablecoins-crypto-regulation/

Right now they don't have to have any inherent value
at all.     It's a first step toward regulating
cryptocurrencies to take all the criminal fun out of them.

#PS1economics

=====

engage 1
engage-rate 1%
expands 1
impress 92
time 2021-10-03 20:34 +0000
https://twitter.com/politicalscrap1/status/1444762695580798978

==========


When phasing out coal, natural gas becomes more valuable.

https://www.nytimes.com/2021/10/01/business/natural-gas-prices.html

Turns out that affects chemical and fertilizer prices - and
thus food prices.    Oil (and gasoline) are going up too.

#PS1economics

=====

engage 1
engage-rate 1%
impress 72
time 2021-10-03 20:13 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1444757534405902337

==========


Why service is so slow.

https://www.washingtonpost.com/business/2021/09/30/during-great-resignation-workers-refuse-accept-unacceptable/

People aren't willing to work crappy jobs and endure abuse
by employers and customers.      covid unemployment relief
really had little to do with it.

#PS1economics

=====

engage 1
engage-rate 2%
impress 60
time 2021-10-03 01:07 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1444469205567348736

==========


What a pile of political... fertilizer.

https://www.washingtonpost.com/us-policy/2021/10/01/white-house-debt-ceiling/

Congress should abolish the debt ceiling once and for
all, and pass a permanent continuing resolution to end
this foolishness.       By breaking filibuster if need be.

#PS1economics

=====

engage 1
engage-rate 1%
impress 75
time 2021-10-03 01:01 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1444467642589323275

==========


Poverty isn't what it used to be.

https://www.latimes.com/opinion/story/2021-09-24/federal-poverty-level-us-families

It's worse.

#PS1economics

=====

impress 43
time 2021-09-30 03:33 +0000
https://twitter.com/politicalscrap1/status/1443418781108228100

==========


Wells Fargo, PGE, ...

Some companies can't do the right thing to save their
lives.

https://finance.yahoo.com/news/wells-fargo-reaches-37-3-174614603.html

#PS1economics

=====

impress 53
time 2021-09-30 03:23 +0000
https://twitter.com/politicalscrap1/status/1443416255382241281

==========


Trump abandoned US global leadership in politics, trade,
and military power.

So why shouldn't the Trumpist GOP abandon American
leadership in stable currency and finance?

https://www.washingtonpost.com/opinions/2021/09/25/mitch-mcconnell-republicans-stop-playing-games-debt-ceiling/

McConnell might think he's bluffing, but his pals aren't.

#PS1economics

=====

engage 1
engage-rate 0%
expands 1
impress 419
time 2021-09-26 17:49 +0000
https://twitter.com/politicalscrap1/status/1442184467989155840

==========


https://www.liberty-and-justice.net/

A continually rising standard of living requires
a continually rising supply of labor.      But all the
mature democracies are getting older because children are
too expensive and they don't want immigration.

https://www.nytimes.com/2021/09/24/opinion/china-evergrande-japan.html

#PS1economics

=====

impress 409
time 2021-09-26 15:14 +0000
https://twitter.com/politicalscrap1/status/1442145564368379914

==========


Kick the can down the road.

https://www.washingtonpost.com/opinions/2021/09/25/danger-isnt-that-chinas-evergrande-will-collapse-its-that-it-wont/

It works for democracies, it works for dictatorships -
avoid dealing with problems in the hope that they will be
somebody else's problem by the time they can't be avoided
any longer.

#PS1economics

=====

impress 405
time 2021-09-26 13:45 +0000
https://twitter.com/politicalscrap1/status/1442123059410833420

==========


The great debt limit scam.

https://www.washingtonpost.com/outlook/debt-limit-ceiling-reconciliation-gop-biden/2021/09/24/e0dd1ce8-1c87-11ec-a99a-5fea2b2da34b_story.html

GOP loves to raise issues that voters don't understand,
and then take every step to make sure they keep not
understanding.     Just look at the tax code.

#PS1economics

=====

impress 403
time 2021-09-26 13:36 +0000
https://twitter.com/politicalscrap1/status/1442120799377256454

==========


Reparations for black people?     That's a hard sell.

https://apnews.com/article/biden-study-reparations-congress-e3c045ece4d0e0eae393a18a09a4a37e

How about reparations for POOR people?   That benefits
everybody ripped off by the ruling class.   Such as a
guaranteed annual income for everybody who votes?

https://www.political-scrapbook.net/2020-ubi.html

#PS1economics

=====

engage 1
engage-rate 0%
expands 1
impress 414
time 2021-09-25 13:08 +0000
https://twitter.com/politicalscrap1/status/1441751447855534086

==========


Is FTC going to support right to repair?

https://apnews.com/article/technology-business-9f84a8b72bb6dd408cb642414cd28f5d

#PS1economics

=====

impress 428
time 2021-09-25 01:00 +0000
https://twitter.com/politicalscrap1/status/1441568321468391427

==========


There's bipartisan support for military spending, but
not domestic.

https://www.washingtonpost.com/opinions/2021/09/24/meltdown-among-democrats-shows-our-budget-debates-are-insane/

That's because the big donors get a net benefit from
military spending, but not domestic.

#PS1economics

=====

impress 139
time 2021-09-24 22:26 +0000
https://twitter.com/politicalscrap1/status/1441529404803276800

==========


It's true that voters don't care.    But major donors care
- especially GOP, but also Democratic - because they figure
they'll be paying for it.

https://www.washingtonpost.com/politics/congress-is-hurtling-toward-a-debt-showdown-despite-the-publics-waning-interest-in-the-governments-red-ink/2021/09/23/9719fdc6-1bc7-11ec-8380-5fbadbc43ef8_story.html

Democrats should just repeal the debt limit altogether
and be done with it.

#PS1economics

=====

impress 149
time 2021-09-24 04:10 +0000
https://twitter.com/politicalscrap1/status/1441253771653177347

==========


Getting ready for a great game of "chicken".

https://www.washingtonpost.com/us-policy/2021/09/23/shutdown-congress-budget-debt-ceiling/

#PS1economics

=====

impress 84
time 2021-09-23 19:12 +0000
https://twitter.com/politicalscrap1/status/1441118309957529615

==========


Get rid of the debt limit!     It's a stupid prop for
stupid politicians.

https://apnews.com/article/debt-limit-explained-8c9cbcd3d0c4a8fe989a0110f5159f7c

While they're at it, enact  a permanent continuing
resolution that sustains government agency funding at the
previous level until Congress enacts to appropriate.

#PS1economics

=====

engage 1
engage-rate 1%
impress 112
time 2021-09-23 02:06 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1440860064722538500

==========


The rebirth of a dollar down and a dollar a week - for
the rest of your life.

https://www.nytimes.com/2021/09/03/your-money/buy-now-pay-later-afterpay-affirm-amazon-square.html

#PS1economics

=====

impress 86
time 2021-09-23 01:58 +0000
https://twitter.com/politicalscrap1/status/1440857997870186496

==========


Any voter who will put up with Trumpism will put up with
defaulting on the debt.   GOP has realized that there's
no political penalty from their base for default.

https://www.washingtonpost.com/opinions/2021/09/21/debt-limit-republicans-default-mcconnell-cruz/

The question is what the persuadables who decide close
elections will think.

#PS1economics

=====

impress 48
time 2021-09-22 06:25 +0000
https://twitter.com/politicalscrap1/status/1440562836648828928

==========


The war on coal was lost long ago.

https://www.nytimes.com/2021/09/20/opinion/joe-manchin-coal-climate-biden.html

Even if it weren't lost in the Reagan administration, to
automation, it would be lost now, to fracking - a cheaper
cleaner form of energy, although one that has to stop to
make progress on climate change.

#PS1economics

=====

engage 1
engage-rate 2%
impress 55
likes 1
time 2021-09-20 23:28 +0000
https://twitter.com/politicalscrap1/status/1440095561424597000

==========


Rented cars lately?    You'll have learned a lot about
supply and demand.

https://www.nytimes.com/2021/09/20/upshot/car-rental-prices-economy.html

#PS1economics

=====

impress 52
time 2021-09-20 23:23 +0000
https://twitter.com/politicalscrap1/status/1440094308317626374

==========


Nothing lasts forever -

https://apnews.com/article/business-asia-tokyo-hong-kong-shanghai-b52fc25ad8c51f726bd2fb3f75de6fa9

Thanks to a global economy, Chinese real estate speculators
might push the value of your retirement plans down even
if your plans don't invest in Chinese real estate.

#PS1economics

=====

impress 52
time 2021-09-20 19:27 +0000
https://twitter.com/politicalscrap1/status/1440034815470755846

==========


Who's going to call whose bluff?

https://www.washingtonpost.com/us-policy/2021/09/20/white-house-debt-ceiling/

If Democrats are going to act on their own, they might as
well repeal the debt ceiling entirely.

#PS1economics

=====

impress 64
time 2021-09-20 16:18 +0000
https://twitter.com/politicalscrap1/status/1439987242458517508

==========


GOP touts family values and work ethic but acts as if
poor people deserve to be even poorer.

https://www.washingtonpost.com/business/2021/09/19/childcare-workers-quit/

For to every one who has will more be given, and he will
have abundance; but from him who has not, even what he
has will be taken away.

#PS1economics

=====

engage 2
engage-rate 10%
impress 21
likes 1
time 2021-09-19 21:21 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1439701085329920000

==========


Maybe it wasn't the pandemic unemployment boost after all.

https://www.reuters.com/business/amid-covid-surge-states-that-cut-benefits-still-see-no-hiring-boost-2021-09-17/

How about trying higher wages, a safe (vaxxed and masked)
working environment, and free child care?  Disinterest in
employment correlates with surging covid and with GOP
leadership!

#PS1economics

=====

impress 24
time 2021-09-19 15:06 +0000
https://twitter.com/politicalscrap1/status/1439606800739753987

==========


It wasn't just day traders that lost money on Roaring
Kitty.

https://www.nytimes.com/2021/09/16/business/roaring-kitty-gamestop-massmutual-settlement.html

#PS1economics

=====

engage 2
engage-rate 2%
expands 1
impress 83
time 2021-09-17 21:34 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1438979822227574786

==========


GOP is counting on Democrats to be financially responsible.
But GOP will blame Democrats no matter what happens.

https://apnews.com/article/joe-biden-business-mitch-mcconnell-medicaid-0e9ebf342d80eed4643b732ce1a4f0e2

Presumably the major GOP donors will tell their senators
when to stop playing games that threaten their economic
power.

#PS1economics

=====

impress 78
time 2021-09-17 16:57 +0000
https://twitter.com/politicalscrap1/status/1438909917570560006

==========


How to build monopolies without interference.

https://www.bloomberg.com/news/articles/2021-09-15/tech-giants-used-loopholes-to-duck-merger-reviews-ftc-says

#PS1economics

=====

impress 84
time 2021-09-17 14:41 +0000
https://twitter.com/politicalscrap1/status/1438875668398305290

==========


Want good schools in Silicon Valley?     Better pay
teachers like technologists.

https://www.mercurynews.com/2021/09/13/bay-area-housing-prices-fall-hard-on-school-teachers/

Or tell teachers they must marry a prosperous technologist
if they ever want to own a home.

#PS1economics

=====

impress 88
time 2021-09-17 05:15 +0000
https://twitter.com/politicalscrap1/status/1438733410139205634

==========


Big organizations seem to have difficulties correcting
problems that make them look bad - until the press notices.

https://www.nytimes.com/2021/09/10/technology/google-temporary-workers-labor-laws-pay.html

That's why we have a free press - and whistleblower laws.

#PS1economics

=====

impress 80
time 2021-09-17 05:08 +0000
https://twitter.com/politicalscrap1/status/1438731565006143493

==========


GOP will never vote for national default - unless the
Democrats MAKE them.       Then, of course, GOP will vote
for default.

https://www.washingtonpost.com/opinions/2021/09/15/mitch-mcconnells-debt-limit-game-playing-is-lunacy-we-should-say-so/

GOP COULD offer a clean debt ceiling bill to avoid default.
But they won't do that either.

#PS1economics

=====

impress 83
time 2021-09-17 03:30 +0000
https://twitter.com/politicalscrap1/status/1438706949567049729

==========


Union-busting is a fundamental goal of minority rule.
Workers fight back -

https://www.nytimes.com/2021/09/05/opinion/labor-day-union.html

Profound labor shortages throughout the post-covid economy
are returning some power to the workers.

More at

https://www.facebook.com/politicalscrapbooknet/posts/1492392801105234

#PS1economics

=====

impress 58
time 2021-09-06 23:29 +0000
https://twitter.com/politicalscrap1/status/1435022303696351233

==========


You want more affordable housing in desirable areas?
You'll have to pay for it, one way or another.

https://www.mercurynews.com/2021/08/28/wholl-pay-the-cost-of-affordable-california-housing/

Anything that makes housing less expensive reduces
the value of your house, too.      That's why it's not
happening.

#PS1economics

=====

impress 56
time 2021-08-29 19:26 +0000
https://twitter.com/politicalscrap1/status/1432062167516286979

==========


What happened to your local mall?

https://getpocket.com/explore/item/the-2-billion-mall-rats

Was covid just the coup de grace?     In any case, beware
of investments you don't understand.

#PS1economics

=====

engage 1
engage-rate 2%
expands 1
impress 55
time 2021-08-27 14:15 +0000
https://twitter.com/politicalscrap1/status/1431259200177336320

==========


Public opinion polls aren't worth much if all they tell
you is who is in the White House.

https://washingtonpost.com/business/2020/12/28/biden-trump-economy-confidence/

#PS1economics

=====

impress 71
time 2021-08-27 02:02 +0000
https://twitter.com/politicalscrap1/status/1431074530617802752

==========


In most times and places, the only way for most people to
own a house is to inherit it.   America's catching up.

https://www.washingtonpost.com/nation/2021/07/18/idaho-housing-market/

When investors buy houses, rents go up and local renters
are out of luck.

So change the tax laws?     GOP donors say no.

#PS1economics

=====

impress 30
time 2021-07-20 02:30 +0000
https://twitter.com/politicalscrap1/status/1417310793519960099

==========


The exodus is to Tahoe (and Sonoma and Napa) - much more
than Austin - or South Dakota.  About a third of the Tahoe
Basin is in Nevada, which doesn't tax rich people much.

https://www.mercurynews.com/2021/07/19/tahoe-real-estate-soars-even-as-pandemic-eases/

All this means local renters lose - they could try Austin,
Nevada.

#PS1economics

=====

engage 1
engage-rate 4%
impress 27
time 2021-07-19 23:47 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1417269859025526829

==========


A smarter version of Trump.

https://www.washingtonpost.com/technology/2021/07/16/elon-musk-trial-analysis/

Just another self-serving opportunistic narcissist.

#PS1economics

=====

impress 31
time 2021-07-16 15:53 +0000
https://twitter.com/politicalscrap1/status/1416063523906408450

==========


Will guaranteed income work in California?

https://apnews.com/article/government-and-politics-california-4fea151e0425f8188337e44a02ab8177

#PS1economics

=====

impress 29
time 2021-07-16 01:15 +0000
https://twitter.com/politicalscrap1/status/1415842492725878784

==========


Low interest rates and income inequality.

https://www.nytimes.com/interactive/2021/07/12/opinion/covid-fed-qe-inequality.html

Low interest rates seem to be good for everybody.
But they are a lot better for a few than for many.

#PS1economics

=====

impress 31
time 2021-07-13 06:05 +0000
https://twitter.com/politicalscrap1/status/1414828418227523587

==========


Unlimited deficit spending and  irreconcilable partisan
differences can catch up with you.

https://www.nytimes.com/2021/07/05/world/middleeast/lebanon-economic-crisis.html

#PS1economics

=====

impress 23
time 2021-07-12 15:10 +0000
https://twitter.com/politicalscrap1/status/1414603070571311109

==========


The Black Death reset the balance between capital (land)
and labor and launched the middle class.  Will covid have
similar consequences?

https://www.washingtonpost.com/opinions/2021/07/11/will-labor-markets-great-reset-change-things-workers-over-long-term/

#PS1economics

=====

impress 30
time 2021-07-12 05:35 +0000
https://twitter.com/politicalscrap1/status/1414458333910626306

==========


GOP gets that concentration of power in government
bureaucracies can be harmful.      But they are blind to
the same in corporate bureaucracies.      That has to do
with how they finance their election campaigns.

https://www.washingtonpost.com/business/2021/07/09/competition-prices-antitrust-biden-order/

https://www.washingtonpost.com/business/2021/07/09/biden-executive-order-promoting-competition/

#PS1economics

=====

impress 40
time 2021-07-10 05:33 +0000
https://twitter.com/politicalscrap1/status/1413733033505476612

==========


Fattening public employee pensions without paying for them.

https://www.mercurynews.com/2021/07/09/borenstein-california-pension-reforms-would-be-undermined-by-new-bill/

Several California cities have gone bankrupt because
of pension obligations that they could never satisfy.
Defined-benefit pensions are more responsibility than they
can handle.

#PS1economics

=====

impress 34
time 2021-07-09 20:00 +0000
https://twitter.com/politicalscrap1/status/1413588792313737220

==========


"it's consuming real resources, doing a function that has
no value"

https://www.washingtonpost.com/technology/2021/07/08/bitcoin-mining-texas-electricity/

What will they do in Rockdale when the bubble bursts?
Bitcoin is too polluting for China.    Texas?   No problem!

#PS1economics

=====

engage 2
engage-rate 3%
impress 61
time 2021-07-09 04:22 +0000
urlclicks 2
https://twitter.com/politicalscrap1/status/1413352895018196994

==========


Since the Biden Recession didn't happen, the GOP is giving
credit to their 2017 tax cut - even though no tax cut ever
has boosted the economy out of recession.

https://www.nytimes.com/2021/07/05/opinion/joe-biden-economy.html

So what will they say if there is a recession later?

#PS1economics

=====

impress 39
time 2021-07-09 03:19 +0000
https://twitter.com/politicalscrap1/status/1413337052402225159

==========


GOP TALKS about workers but Biden DOES something.
GOP can't DO because its donors don't approve.

https://apnews.com/article/joe-biden-business-government-and-politics-01080611dc8a8f92c4eec6c6bb412f86

#PS1economics

=====

impress 36
time 2021-07-09 03:03 +0000
https://twitter.com/politicalscrap1/status/1413332950477803524

==========


Trump was a big supporter of farmers and ranchers!
At least those that could afford major political donations
and Mar-a-Lago.

https://apnews.com/article/business-c899e1c834f1d7ba272d7c524c5a8e09

And the little guys - what were they ever going to do
for Trump?

Biden is helping but they'll vote GOP anyway.

#PS1economics

=====

impress 53
time 2021-07-07 19:54 +0000
https://twitter.com/politicalscrap1/status/1412862719942750209

==========


Not enough immigrants?     How about teens?

https://apnews.com/article/nj-state-wire-co-state-wire-health-coronavirus-pandemic-travel-2f02bf564e726f4c4f6916790bda7a2a

#PS1economics

=====

impress 53
time 2021-07-07 19:50 +0000
https://twitter.com/politicalscrap1/status/1412861618761830404

==========


Predatory pricing to destroy competitors is not in the
public interest.

https://www.washingtonpost.com/technology/2021/07/06/facebook-bulletin-antitrust/

The root problem is organizations that have gotten so large
and profitable that they can afford to destroy competitors
that way.

#PS1economics

=====

impress 18
time 2021-07-06 13:26 +0000
https://twitter.com/politicalscrap1/status/1412402685932806145

==========


The market cures supply chain problems - eventually.
Complicated systems like cars take longer than raw
commodities like lumber.     So inflation will last longer.

https://www.nytimes.com/2021/06/29/upshot/markets-work-but-untangling-global-supply-chains-takes-time.html

#PS1economics

=====

impress 19
time 2021-07-06 02:37 +0000
https://twitter.com/politicalscrap1/status/1412239196299816971

==========


Good times ahead for blue-collar workers - if there
were any.

https://apnews.com/article/economy-health-coronavirus-pandemic-business-0f1b97e9b5953080edf1fbf0412a1d94

It's a bad time to be restricting immigration.

#PS1economics

=====

impress 19
time 2021-07-05 23:24 +0000
https://twitter.com/politicalscrap1/status/1412190729032503300

==========


Private equity and hedge funds - "job creators" - in
other countries!      It's a good deal for the investors -
who are in the political donor class.

https://apnews.com/article/business-government-and-politics-3d9c44e6259ed72915de4e7188be5c8e

#PS1economics

=====

impress 18
time 2021-07-02 01:07 +0000
https://twitter.com/politicalscrap1/status/1410767056547377152

==========


"The real purpose of these NDAs appears to be preventing
public input"

https://www.nytimes.com/2021/06/29/opinion/nda-amazon-google-facebook.html

Global megacorporations love pushing local governments
around.

#PS1economics

=====

impress 31
time 2021-06-30 04:47 +0000
https://twitter.com/politicalscrap1/status/1410097728680460288

==========


Corporate law boom - global giants are outbidding the
government for legal help, leaving the FTC and IRS
short-handed and under-funded.

https://www.nytimes.com/2021/06/29/technology/boom-times-for-lawyers-as-washington-pursues-big-tech.html

Another reason why concentration of power is always bad.

#PS1economics

=====

impress 41
time 2021-06-29 14:28 +0000
https://twitter.com/politicalscrap1/status/1409881503803269127

==========


It's still possible to retain and attract employees.
All you have to do is offer them what they need.

https://www.washingtonpost.com/business/2021/06/28/employee-burnout-corporate-america/

#PS1economics

=====

impress 25
time 2021-06-29 14:20 +0000
https://twitter.com/politicalscrap1/status/1409879388993241104

==========


Surprise - you can find workers if you offer enough pay!

https://www.nytimes.com/2021/06/27/business/economy/jobs-workers-unemployment-benefits.html

Red-state Trumpist small business owners seem to have
missed the economics class where they'd have learned that
reducing illegal immigration makes domestic workers more
expensive.

#PS1economics

=====

engage 1
engage-rate 7%
impress 15
likes 1
time 2021-06-28 03:15 +0000
https://twitter.com/politicalscrap1/status/1409349643935248386

==========


Where is Theodore Roosevelt when we need him?

https://www.washingtonpost.com/outlook/2021/06/25/ftc-antitrust-monopoly-silicon-valley/

All kinds of concentrations of power are anti-democratic
and tend to institutionalize themselves.

#PS1economics

=====

impress 21
time 2021-06-27 06:38 +0000
https://twitter.com/politicalscrap1/status/1409038524788006913

==========


Teamsters vs Amazon!

https://apnews.com/article/wa-state-wire-technology-business-27b00770b2189ddbd8ddcb64e5bad96c

Neither have ever been nominated for the Nobel Peace Prize.

#PS1economics

=====

impress 28
time 2021-06-26 13:22 +0000
https://twitter.com/politicalscrap1/status/1408777606535671808

==========


Know what a SPAC is?    It's a good deal for somebody -
but probably not you!

https://www.nytimes.com/2021/06/14/business/lordstown-motors-steve-burns-julio-rodriguez.html

#PS1economics

=====

impress 44
time 2021-06-16 00:13 +0000
https://twitter.com/politicalscrap1/status/1404955254479671301

==========


Amazon has been an algorithmic employer - debugging the
algorithms on live employees, engendering an amazing
employee turnover.

https://www.nytimes.com/2021/06/15/us/politics/amazon-warehouse-workers.html

#PS1economics

=====

impress 29
time 2021-06-15 23:42 +0000
https://twitter.com/politicalscrap1/status/1404947471051104259

==========


"America¢s high rate of poverty is a policy choice,
and there are reasons we choose it over and over again"

Not just rich people want poverty institutionalized.

https://www.nytimes.com/2021/06/13/opinion/stimulus-unemployment-republicans-poverty.html

#PS1economics

=====

impress 33
time 2021-06-14 04:40 +0000
https://twitter.com/politicalscrap1/status/1404297560756350979

==========


Conglomerates excel at a few things - executive
compensation - and destroying shareholder value and
workers' jobs.

https://www.nytimes.com/2021/06/12/opinion/att-warner-bros-discovery.html

Has ATT discovered that being a regulated telephone company
is not such a bad business after all?

#PS1economics

=====

impress 51
time 2021-06-13 06:59 +0000
https://twitter.com/politicalscrap1/status/1403970365173338123

==========


Consolidation of industries is inherently risky for
everybody else.      But consolidated industrial giants
have a lot more political clout with legislators.

https://www.bloomberg.com/opinion/articles/2021-06-09/jbs-cyberattack-shows-vulnerability-of-world-food-supplies

#PS1economics

=====

impress 71
time 2021-06-12 04:44 +0000
https://twitter.com/politicalscrap1/status/1403573975465160706

==========


Just-in-time logistics optimizes the normal steady state.
It has no penalty function for failures during abnormal
circumstances, which are becoming increasingly normal
and global.       So the whole system falls apart at once.

https://www.nytimes.com/2021/06/01/business/coronavirus-global-shortages.html

#PS1economics

=====

impress 37
time 2021-06-07 20:07 +0000
https://twitter.com/politicalscrap1/status/1401994360665694208

==========


National security or national pork?

https://www.nytimes.com/2021/06/07/us/politics/senate-china-semiconductors.html

If it's bipartisan, there's probably a lot of pork to
bind it together and overcome traditional conservative
opposition to industrial policy.

#PS1economics

=====

impress 36
time 2021-06-07 14:56 +0000
https://twitter.com/politicalscrap1/status/1401915899301580801

==========


Work won't love you back!

https://www.nytimes.com/2021/06/06/opinion/Naomi-Osaka-ambition-women.html

How much do you owe to those who would profit from your
labor?

#PS1economics

=====

impress 35
time 2021-06-07 05:57 +0000
https://twitter.com/politicalscrap1/status/1401780456379453441

==========


It's a shortage of jobs, not a shortage of workers
Cutting unemployment benefits will reduce spending and
reduce demand further, increasing unemployment.

https://www.nytimes.com/2021/06/06/opinion/jobs-report-wages-unemployment-covid.html

#PS1economics

=====

impress 39
time 2021-06-07 05:42 +0000
https://twitter.com/politicalscrap1/status/1401776602686525449

==========


More covid winners - white teenagers seeking jobs.

https://www.nytimes.com/2021/05/30/business/economy/pandemic-jobs-teenagers.html

Just goes to show all it takes is money.

#PS1economics

=====

impress 43
time 2021-06-06 20:34 +0000
https://twitter.com/politicalscrap1/status/1401638754721304577

==========


No more malls!

And other approaches to California's housing crisis.

https://www.ocregister.com/2021/06/06/my-housing-fix-ban-new-retail-development/

#PS1economics

=====

impress 46
time 2021-06-06 20:31 +0000
https://twitter.com/politicalscrap1/status/1401637791805566977

==========


The plague led to a golden age of worker power.

https://en.wikipedia.org/wiki/Consequences_of_the_Black_Death

And so with covid - employers have to ATTRACT employees.

https://www.nytimes.com/2021/06/05/upshot/jobs-rising-wages.html

The  GOP response?     End immigration and prevent child
care for poor workers!      That empowers workers.

#PS1economics

=====

impress 44
time 2021-06-06 16:05 +0000
https://twitter.com/politicalscrap1/status/1401570870619901953

==========


Penny stocks - if you heard about it from your friends,
it's already too late.

https://apnews.com/article/amc-stock-price-38c002049cdc6756581583fcfd643861

There's nothing  supporting the stock price except hot air.

#PS1economics

=====

impress 50
time 2021-06-04 00:42 +0000
https://twitter.com/politicalscrap1/status/1400613927315148802

==========


"the U.S. economy before the pandemic was incredibly
dependent on an abundance of low-wage, low-hours jobs"

https://www.nytimes.com/2021/06/01/opinion/labor-shortage-jobs-biden-covid.html

Who wants another low-wage, low-benefit, dangerous,
dirty job?

#PS1economics

=====

impress 31
time 2021-06-03 03:27 +0000
https://twitter.com/politicalscrap1/status/1400293135532453888

==========


What's behind different state unemployment systems?

https://www.nytimes.com/2021/05/31/opinion/montana-unemployment-republicans-racism.html

Surely not racism!

#PS1economics

=====

impress 43
time 2021-06-01 05:05 +0000
https://twitter.com/politicalscrap1/status/1399592922505306114

==========


Welcome to the advanced economies club!

https://apnews.com/article/china-bd12b9c524853f33cca8db3a6930b936

Government can increase immigration, and pay for
medical/dental care, child care, and education - but it
still might not be enough.

More at

https://www.facebook.com/politicalscrapbooknet/posts/1425840594427122

#PS1economics

=====

impress 38
time 2021-05-31 17:17 +0000
https://twitter.com/politicalscrap1/status/1399414845506670594

==========


The dollar rules because -

https://www.nytimes.com/2021/05/28/opinion/us-dollars-currency.html

we have lots of $100 bills in circulation all over the
world.

#PS1economics

=====

impress 34
time 2021-05-30 06:56 +0000
https://twitter.com/politicalscrap1/status/1398895997078573057

==========


Pay teachers more if you want to compete with China and
the rest of the world.

https://www.nytimes.com/2021/05/28/opinion/teacher-pay-covid.html

#PS1economics

=====

impress 44
time 2021-05-28 20:24 +0000
https://twitter.com/politicalscrap1/status/1398374702171648001

==========


Nobody let a lousy virus impede the increase in wealth
inequality!

https://apnews.com/article/ceo-pay-rises-again-b1d87eb36ac921a159268a6b830fc308

#PS1economics

=====

impress 50
time 2021-05-28 17:23 +0000
https://twitter.com/politicalscrap1/status/1398329169973415940

==========


2020's like 1920's?      Perhaps in some ways -

https://apnews.com/article/ok-state-wire-migration-immigration-coronavirus-pandemic-business-361a9bf86ea3175194957b7550bb6051

"History doesn’t repeat itself but it often rhymes"

Note that the Dust Bowl right after the 20's was caused
by a warming climate - which then reversed somewhat.

#PS1economics

=====

engage 1
engage-rate 2%
impress 65
time 2021-05-28 17:20 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1398328408212344832

==========


Musk doesn't like regulation?     People like Musk are
why we NEED regulation.

https://www.washingtonpost.com/opinions/2021/05/26/elon-musk-tweets-crypto-markets/

#PS1economics

=====

impress 40
time 2021-05-27 01:08 +0000
https://twitter.com/politicalscrap1/status/1397721245890740224

==========


Genuine Trumpism in action - blame Biden for things that
happened when Trump was president.    Nobody can take
credit for the rapid economic recovery AND disown the
corresponding inflation.

https://apnews.com/article/donald-trump-lifestyle-health-coronavirus-pandemic-prices-084a908ac2850e8690a822d6c7f56301

#PS1economics

=====

impress 48
time 2021-05-26 16:48 +0000
https://twitter.com/politicalscrap1/status/1397595566079574019

==========


Global just-in-time manufacturing leaves no slack for
problems.     Everybody downstream has to stop production.

https://www.washingtonpost.com/business/2021/05/08/manufacturing-supply-chain-crisis/

#PS1economics

=====

impress 37
time 2021-05-25 04:01 +0000
https://twitter.com/politicalscrap1/status/1397040211176038402

==========


Homelessness - a GOP triumph!  Reagan's mainstreaming of
mental patients made them a county problem rather than
a state one, and Jarvis' Prop 13 made sure the counties
and other local governments had no money to match their
new problems.

https://www.washingtonpost.com/outlook/2021/05/20/california-homeless-addiction-drugs/

#PS1economics

=====

impress 35
time 2021-05-23 15:55 +0000
https://twitter.com/politicalscrap1/status/1396494924904747012

==========


Life in a deep red paradise.

https://apnews.com/article/al-state-wire-west-virginia-lifestyle-census-2020-business-9b94594a74d6b7ab1bee153a425981d9

One major error - the death blow to king coal was cheaper
fracked natural gas, not renewable energy.  WV has a lot
of natural gas resources.

#PS1economics

=====

impress 38
time 2021-05-23 14:42 +0000
https://twitter.com/politicalscrap1/status/1396476659105034241

==========


Difficulty finding workers?      Try flexibility - the
most popular benefit.

https://www.afr.com/property/commercial/bank-bosses-want-a-return-to-office-underlings-aren-t-so-sure-20210505-p57oyt

Traditional executives have trouble thinking that way.
But having experienced life without rush hour commuting,
many workers say no thanks to tradition.

#PS1economics

=====

impress 37
time 2021-05-22 13:41 +0000
https://twitter.com/politicalscrap1/status/1396098868916330506

==========


It's cheaper to break the law than observe it.

https://publicintegrity.org/inequality-poverty-opportunity/workers-rights/cheated-at-work/ripping-off-workers-with-no-consequences/

The chances of getting caught or paying significant
penalties are slight.

#PS1economics

=====

impress 41
time 2021-05-22 13:35 +0000
https://twitter.com/politicalscrap1/status/1396097494770065408

==========


Dalit laborers exploited across the sea in New Jersey.

https://thewire.in/caste/dalit-workers-allege-shocking-violations-in-building-hindu-temple-in-new-jersey

Why not?   Trump exploited illegal immigrant laborers  at
his resorts until he was caught - then he fired them.

#PS1economics

=====

engage 1
engage-rate 1%
impress 68
likes 1
time 2021-05-13 02:00 +0000
https://twitter.com/politicalscrap1/status/1392661092405415936

==========


Sounds like the main problem is that companies need to
pay better!

https://apnews.com/article/lifestyle-coronavirus-pandemic-health-business-82aa4f9fddcea22918d010c55b5e55b3

#PS1economics

=====

impress 54
time 2021-05-10 06:11 +0000
https://twitter.com/politicalscrap1/status/1391636977657647104

==========


Spot inflation in commodity prices and spot shortages
of labor willing to work for low pay are part of normal
recovery from a recession.

https://www.nytimes.com/2021/05/06/opinion/us-inflation-federal-reserve.html

Republicans are hoping to find a way to convince all
workers that they are miserable under Biden.

#PS1economics

=====

engage 2
engage-rate 3%
impress 80
time 2021-05-07 01:20 +0000
urlclicks 2
https://twitter.com/politicalscrap1/status/1390476628447268864

==========


GOP minority-rule trickle-down economics destroyed
middle-class confidence.

https://www.nytimes.com/2021/05/02/business/economy/middle-class-biden-economy.html

GOP pseudo-populists like to talk about empowering the
middle class, but then their donors remind them - talk
about whatever you want but vote as instructed.

#PS1economics

=====

impress 49
time 2021-05-06 15:58 +0000
https://twitter.com/politicalscrap1/status/1390335154879533057

==========


Inflation is happening for many commodities.

https://www.nytimes.com/2021/05/03/business/economy/commodity-shortages-inflation.html

#PS1economics

=====

impress 45
time 2021-05-06 13:41 +0000
https://twitter.com/politicalscrap1/status/1390300613192290310

==========


Homelessness is Silicon Valley problem #1

https://www.mercurynews.com/2021/05/04/bay-area-residents-are-fed-up-with-the-homelessness-crisis/

Exacerbated by the pandemic job loss and housing loss.

#PS1economics

=====

impress 50
time 2021-05-06 03:43 +0000
https://twitter.com/politicalscrap1/status/1390150101058744323

==========


It's hard to find workers if you don't pay them a living
wage and benefits.

https://www.mercurynews.com/2021/05/04/bay-area-restaurant-hiring-crisis-ive-never-seen-anything-like-this/

To do so means increasing prices so that those who enjoy
and can afford dining out share a little wealth with those
essential workers who make it possible.

#PS1economics

=====

impress 51
time 2021-05-06 03:33 +0000
https://twitter.com/politicalscrap1/status/1390147807395213313

==========


How economic recovery can lead to inflation.

https://www.bloomberg.com/news/articles/2021-05-03/traders-are-bidding-up-lumber-with-exchange-limit-removed

Hope it's temporary until supply and demand get back
in balance!

#PS1economics

=====

impress 52
time 2021-05-06 01:08 +0000
https://twitter.com/politicalscrap1/status/1390111086737641475

==========


It's cheaper to break the law!

https://apnews.com/article/how-companies-rip-off-poor-employees-6c5364b4f9c69d9bc1b0093519935a5a

And in the Trump administration, enforcement halted
entirely.

No wonder employers like illegal workers so much - they
don't dare complain.

#PS1economics

=====

impress 52
time 2021-05-04 15:24 +0000
https://twitter.com/politicalscrap1/status/1389601782225985539

==========


Internet technology companies go up... and then they
go down.

https://apnews.com/article/technology-business-1e2e958195af5920ac5183c3794d93ee

#PS1economics

=====

impress 35
time 2021-05-03 13:17 +0000
https://twitter.com/politicalscrap1/status/1389207537514270722

==========


How pro sports teams get local government subsidies. Heads
I win, tails you lose.

https://www.mercurynews.com/2021/04/29/borenstein-billion-dollar-oakland-as-team-wants-taxpayer-ballpark-subsidy/

#PS1economics

=====

impress 46
time 2021-04-30 14:37 +0000
https://twitter.com/politicalscrap1/status/1388140521982287874

==========


https://mobile.cartoonistgroup.com/cartoon/Signe+Wilkinson%27s+Editorial+Cartoons/2021-04-28/188749

New people bring new money - and new ideas.

#PS1economics

=====

impress 37
time 2021-04-30 14:31 +0000
https://twitter.com/politicalscrap1/status/1388138926179635203

==========


Moving to Austin?

https://www.businessinsider.com/elon-musk-austin-texas-housing-tesla-spacex-boring-job-postings-2021-4

Expect higher home prices and jammed freeways.     But it
will never be like the Bay Area - Austin will still need
air conditioning in the winter.

https://www.mercurynews.com/2021/04/27/nearly-a-quarter-of-times-100-most-influential-companies-are-in-the-bay-area/

#PS1economics

=====

impress 58
time 2021-04-30 14:16 +0000
https://twitter.com/politicalscrap1/status/1388135266800394243

==========


All those high-tech companies fleeing Silicon Valley for
a Texas paradise!

https://www.mercurynews.com/2021/04/26/real-estate-silicon-valley-shopping-spree-tops-1-billion-in-four-weeks-with-san-jose-deal/

are just making room for more dynamic companies to move in.

#PS1economics

=====

impress 37
time 2021-04-28 22:04 +0000
https://twitter.com/politicalscrap1/status/1387528115597963265

==========


Farmers didn't like turbulence and upset?

https://apnews.com/article/health-financial-markets-business-global-trade-coronavirus-69e127e6a9966caba941aa446c3669e7

They knew who Trump was when they picked him up - and
voted for him.   Turbulence and upset is his standard
operating procedure.

But agribusinesses big enough to be major donors did OK.

#PS1economics

=====

impress 47
time 2021-04-28 19:35 +0000
https://twitter.com/politicalscrap1/status/1387490625193340929

==========


Low interest rates benefit asset holders, especially those
using leverage.

https://www.washingtonpost.com/us-policy/2021/04/26/federal-reserve-interest-rates-inequality/

But that might be unavoidable - wealth inequality has to
be tackled by other means.

https://www.political-scrapbook.net/2020-ubi.html

#PS1economics

=====

impress 57
time 2021-04-27 12:35 +0000
https://twitter.com/politicalscrap1/status/1387022644445212675

==========


Universal basic income - it's not easy being a pioneer.

https://www.washingtonpost.com/business/2021/04/22/guaranteed-income-ubi-stockton-congress-aid/

But the idea is catching on.      Why not think big?

https://www.political-scrapbook.net/2020-ubi.html

The pandemic showed that to be politically feasible with
voters, it has to be available to everybody.

#PS1economics

=====

impress 59
time 2021-04-27 01:44 +0000
https://twitter.com/politicalscrap1/status/1386858883251982336

==========


Income inequality is real!      Some CEO's of laying-off,
money-losing companies get only $50 million, while others
are getting $100 million!    Unfair!

https://www.nytimes.com/2021/04/24/business/ceos-pandemic-compensation.html

No doubt the folks in food lines are looking forward to
the day they get $50 million.

#PS1economics

=====

impress 74
time 2021-04-26 21:23 +0000
https://twitter.com/politicalscrap1/status/1386793095405064192

==========


Hoover, Carter, Trump making straight a highway in the
wilderness for the one to follow?

https://www.bloomberg.com/opinion/articles/2021-04-20/trump-blazed-a-trail-that-clears-the-way-for-biden

Certainly China's success integrating industrial, military,
and foreign policy inspires rethinking around the world.

#PS1economics

=====

impress 82
time 2021-04-26 20:51 +0000
https://twitter.com/politicalscrap1/status/1386785130878930945

==========


Why not improve wages and working conditions to where
Americans will take the jobs, and increase prices tourists
pay?

https://apnews.com/article/travel-pandemics-jamaica-boston-coronavirus-pandemic-11627ee5df0e9d2477ce13b2c3ed4546

#PS1economics

=====

impress 76
time 2021-04-26 14:26 +0000
https://twitter.com/politicalscrap1/status/1386688142363660292

==========


Monopsony is getting bipartisan interest.

https://www.nytimes.com/2021/04/24/opinion/joan-robinson-economy-monopoly-labor.html

Monopsony depresses workers' wages and increases income
and wealthy inequality.      Thanks Ludwig von Mises and
Milton Friedman!

#PS1economics

=====

impress 34
time 2021-04-24 15:52 +0000
https://twitter.com/politicalscrap1/status/1385984890093510667

==========


The Biden depression - you can find it near the Reagan
depression.

https://www.washingtonpost.com/us-policy/2021/04/22/trump-biden-economy-depression/

It's hard to campaign against a booming economy..

#PS1economics

=====

impress 46
time 2021-04-23 00:51 +0000
https://twitter.com/politicalscrap1/status/1385395884553228289

==========


It's time to get rid of the debt ceiling once and for all!

https://www.washingtonpost.com/opinions/2021/04/22/republicans-are-plotting-use-economic-blackmail-heres-how-democrats-can-stop-them/

https://www.washingtonpost.com/us-policy/2021/04/21/senate-republicans-debt-ceiling/

And make continuing resolutions automatic.

https://www.get-to-sixty.net/

GOP doesn't care about deficits, it just wants to reduce
entitlements.

#PS1economics

=====

impress 41
time 2021-04-22 22:50 +0000
https://twitter.com/politicalscrap1/status/1385365453757837315

==========


For all their faults, unions helped make the American
middle class great.      The decline of the middle
class has tracked the decline of organized labor since
Reaganization.

https://www.nytimes.com/2021/04/12/opinion/us-unions-amazon.html

Nothing the GOP SAYS will undo what they have DONE
to labor.

#PS1economics

=====

impress 53
time 2021-04-13 02:58 +0000
https://twitter.com/politicalscrap1/status/1381803988358598663

==========


Dutch tulip bulbs anybody?

https://en.wikipedia.org/wiki/Tulip_mania

It might be happening now.    It's been 20 years since
the internet bubble popped.

https://www.nytimes.com/2021/04/12/opinion/biden-economy-culture.html

Ultimately market excesses correct themselves.      Don't
buy at the top just because your friends do.

#PS1economics

=====

impress 53
time 2021-04-13 02:50 +0000
https://twitter.com/politicalscrap1/status/1381802006646456320

==========


Nobody knows you when you're down and out - of money.

https://www.nytimes.com/2021/04/03/business/bill-hwang-archegos.html

Leverage greases the skids up AND down.     Too bad.

#PS1economics

=====

impress 57
time 2021-04-04 21:09 +0000
https://twitter.com/politicalscrap1/status/1378817121552003079

==========


Why you can't get a good deal on a new car - or a used one.

https://apnews.com/article/video-games-us-news-games-coronavirus-pandemic-economy-c4eec42c97364908d60a35fcc0e11ea5

The pandemic has put a spotlight on the downsides of
globalization.

#PS1economics

=====

impress 47
time 2021-04-02 17:51 +0000
https://twitter.com/politicalscrap1/status/1378042480214433795

==========


Modular housing vs housing shortage vs construction unions

https://calmatters.org/commentary/2021/03/modular-housing-california-san-francisco-cost-unions/

#PS1economics

=====

impress 39
time 2021-04-01 14:54 +0000
https://twitter.com/politicalscrap1/status/1377635524630876168

==========


Too much leverage matters!

https://www.reuters.com/article/us-usa-markets-blocktrades/nomura-credit-suisse-warn-on-losses-after-archegos-share-dump-idUSKBN2BK0OR

https://www.reuters.com/article/us-usa-markets-blocktrades-creditsuisse/credit-suisse-in-firing-line-after-archegos-losses-idUSKBN2BM11L

When over-leveraged debtors have to sell stock in a hurry,
it can drive down prices and even the whole market,
affecting even cash investors like YOU who thought they
were not involved.

#PS1economics

=====

impress 60
time 2021-03-31 14:45 +0000
https://twitter.com/politicalscrap1/status/1377270838802620417

==========


Reviving antitrust.

https://www.nytimes.com/2021/03/29/opinion/biden-fdr-antitrust-monopolies.html

More at

https://www.facebook.com/politicalscrapbooknet/posts/1376818629329319

#PS1economics

=====

impress 31
time 2021-03-29 23:30 +0000
https://twitter.com/politicalscrap1/status/1376678172834504706

==========


Another investment mania.

https://www.nytimes.com/2021/03/29/technology/fintech-startups-wall-street.html

It's hard to justify more than minimum commodity margins
in the financial sector - with stock prices accordingly.

#PS1economics

=====

engage 1
engage-rate 2%
impress 50
time 2021-03-29 20:20 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1376630471635820548

==========


Arguments for regional minimum wages.

https://www.washingtonpost.com/outlook/a-single-national-15-minimum-wage-makes-no-sense/2021/03/26/6201ca5e-8d6c-11eb-9423-04079921c915_story.html

Perhaps a uniform national minimum wage is a worthy goal,
but low-standard-of-living states perhaps should be allowed
to approach if over several years.

#PS1economics

=====

impress 38
time 2021-03-29 18:20 +0000
https://twitter.com/politicalscrap1/status/1376600103318822919

==========


The Swiss Laundry!

https://apnews.com/article/miami-crime-asia-pacific-soccer-venezuela-25162da3fa76e8a0adf2f72e393ffa76

Antigua, Malta, and Hong Kong are involved too.

Almost every private offshore account is worth
investigating, but the IRS doesn't have the resources.

#PS1economics

=====

impress 36
time 2021-03-29 12:41 +0000
https://twitter.com/politicalscrap1/status/1376514749903499274

==========


Bipartisan infrastructure?

https://www.washingtonpost.com/us-policy/2021/03/28/biden-budget-infrastructure/

GOP opposes infrastructure increasing debt or taxes.
That leaves cutting entitlements - obamacare, medicaid, ...

UNLESS it's private-public partnerships - public takes
the risk, private takes the profit.

#PS1economics

=====

impress 36
time 2021-03-29 04:51 +0000
https://twitter.com/politicalscrap1/status/1376396646209097730

==========


The world changed from 1996 to 2020.    It took Trump to
force Democrats to confront the changes.

https://apnews.com/article/joe-biden-global-trade-coronavirus-pandemic-financial-markets-bill-clinton-1e3d4d7f770c139aad732e3cea695434

Democratic policies have changed to reflect the current
realities.      GOP, in contrast, has doubled down on
protecting minority rule.

#PS1economics

=====

impress 46
time 2021-03-29 04:35 +0000
https://twitter.com/politicalscrap1/status/1376392576765292545

==========


America does have laws to support labor organizing.
The Trump administration forgot about them.   That's over.

https://www.mercurynews.com/2021/03/26/tesla-and-ceo-elon-musk-punished-by-feds-over-illegal-anti-union-actions-at-fremont-plant/

https://apnews.com/article/business-elon-musk-laws-b9721a6e826e9652c08b64042e0db479

#PS1economics

=====

impress 52
time 2021-03-28 15:25 +0000
https://twitter.com/politicalscrap1/status/1376193670769115142

==========


Poor people move out while rich people move up.

https://www.mercurynews.com/2021/03/25/covid-economy-falters-but-bay-area-luxury-home-sales-boom/

#PS1economics

=====

impress 39
time 2021-03-26 00:41 +0000
https://twitter.com/politicalscrap1/status/1375246451970777092

==========


Oakland tries basic income

https://www.mercurynews.com/2021/03/23/no-strings-attached-under-pilot-for-guaranteed-income-600-oakland-families-will-get-500-per-month/

Following Stockton

https://www.pbs.org/newshour/show/stockton-ca-gave-residents-a-guaranteed-income-heres-what-happened

It has to be universal to get Republican voter support.

https://www.political-scrapbook.net/2020-ubi.html

#PS1economics

=====

impress 40
time 2021-03-25 02:32 +0000
https://twitter.com/politicalscrap1/status/1374912044680368128

==========


Untethered?    No problem.

https://www.mercurynews.com/2021/03/23/these-bay-area-cities-have-the-most-untethered-workers-in-the-country/

In Silicon Valley at least, there are plenty of people
ready to move in to spaces vacated by the untethered
disaspora.       Prices of detached family homes in good
school districts keep going up and up.

#PS1economics

=====

impress 42
time 2021-03-24 02:51 +0000
https://twitter.com/politicalscrap1/status/1374554356637298689

==========


Will the reactionary majority back employers or workers?

https://www.nytimes.com/2021/03/21/us/unions-private-property-supreme-court.html

https://www.nytimes.com/2021/03/22/us/supreme-court-union-organizers-private-property.html

Forget abortion and firearms - deregulation and
union-busting are the big prizes the big GOP donors sought
for backing Trump and McConnell.

#PS1economics

=====

impress 44
time 2021-03-23 16:11 +0000
https://twitter.com/politicalscrap1/status/1374393409662709760

==========


A cheap way to improve the lives of many working people.

https://www.nytimes.com/2021/03/18/opinion/buses-infrastructure.html

But major political donors don't use public transit and
don't like organized labor that operates it, so forget it!

#PS1economics

=====

impress 42
time 2021-03-23 14:34 +0000
https://twitter.com/politicalscrap1/status/1374369045491814406

==========


Another speculative bubble on the horizon!

https://www.nytimes.com/2021/03/17/style/amazon-brand-flippers.html

#PS1economics

=====

impress 41
time 2021-03-21 06:09 +0000
https://twitter.com/politicalscrap1/status/1373517081077944324

==========


Bidding up value of startups?     Bubbles always end badly
- for somebody.

https://www.nytimes.com/2021/03/19/technology/the-market-seems-crazy-start-ups-wrestle-with-flood-of-offers.html

#PS1economics

=====

impress 42
time 2021-03-19 18:01 +0000
https://twitter.com/politicalscrap1/status/1372971529042980864

==========


Billing future generations for current consumption is
wrong.      But sharing the cost of capital improvements -
infrastructure - for shared benefits makes sense.

https://www.bloombergquint.com/gadfly/raising-taxes-is-no-way-to-fund-an-infrastructure-bill

You don't wait until you can pay all cash to buy a house.
You get a loan.

#PS1economics

=====

impress 57
time 2021-03-18 04:35 +0000
https://twitter.com/politicalscrap1/status/1372406299288162307

==========


Once again Atlanta is the face of the New South.  That must
be why the Old South is so eager to suppress voting there.

https://www.ajc.com/news/west-coast-heads-east-atlantas-black-talent-lures-tech-titans/TTOKO3AH6RGNLITODD2VVY6MJU/

#PS1economics

=====

impress 54
time 2021-03-15 19:27 +0000
https://twitter.com/politicalscrap1/status/1371543585665867780

==========


Does the working class really care about economics?

https://apnews.com/article/joe-biden-politics-race-and-ethnicity-pennsylvania-coronavirus-pandemic-3e783462865f0db28964bb5876e71dff

Or are they willing to put up with any GOP oppression in
order to save Dr Seuss?

https://www.political-scrapbook.net/2020-minority.html

#PS1economics

=====

impress 45
time 2021-03-14 14:36 +0000
https://twitter.com/politicalscrap1/status/1371107995942232064

==========


Anybody for Dutch tulip bulbs?

https://en.wikipedia.org/wiki/Tulip_mania

Buying in the hope of selling to a greater fool always
ends badly for most of the buyers.

https://www.nytimes.com/2021/03/13/technology/crypto-art-NFTs-trading-cards-investment-manias.html

#PS1economics

=====

impress 43
time 2021-03-14 01:55 +0000
https://twitter.com/politicalscrap1/status/1370916455038865410

==========


Poor people in trouble?     Why don't they do like the
rich people do - buy a congressman!

https://www.washingtonpost.com/nation/interactive/2021/america-growing-disparities/

#PS1economics

=====

impress 35
time 2021-03-14 01:11 +0000
https://twitter.com/politicalscrap1/status/1370905323175698435

==========


Why Republicans think the recession is over.

https://www.washingtonpost.com/technology/2021/03/12/musk-bezos-zuckerberg-gates-pandemic-profits/

Their major donors are doing fine, even major Democratic
donors are doing fine, so everybody else - just get back to
work!       The existing minimum wage is plenty generous!

#PS1economics

=====

impress 42
time 2021-03-12 18:41 +0000
https://twitter.com/politicalscrap1/status/1370444761555820547

==========


Plant closings are hard on the middle-aged.

https://apnews.com/article/general-motors-staff-2-years-after-ohio-plant-close-7c584fa4b8fc025b5c0d1cb100fc6188

But there is no future in internal combustion, and many
other manufacturing occupations.

#PS1economics

=====

impress 30
time 2021-03-09 18:26 +0000
https://twitter.com/politicalscrap1/status/1369353971974897664

==========


"Somehow the private equity guys always make out OK,
it's everyone else who doesn't."

https://www.reuters.com/article/us-usa-investment-coal-insight/how-private-equity-squeezes-cash-from-the-dying-u-s-coal-industry-idUSKBN2AU1YW

Private equity kingpins know how to invest for access,
which they use whenever tax or financial regulation comes
up in Congress.

#PS1economics

=====

impress 28
time 2021-03-09 17:35 +0000
https://twitter.com/politicalscrap1/status/1369341169000321025

==========


GOP voters don't want immigration but GOP donors don't
want to subsidize children.

https://www.nytimes.com/2021/03/08/opinion/romney-republicans-child-allowance.html

But we need people to do the work!  So most other wealthy
democracies subsidize children.

https://www.liberty-and-justice.net/

#PS1economics

=====

impress 38
time 2021-03-08 14:54 +0000
https://twitter.com/politicalscrap1/status/1368938232184930304

==========


Unfunded defined-benefit pensions strike again.

https://www.nytimes.com/2021/03/07/business/dealbook/bailout-pensions-stimulus.html

Labor and management agreed on benefits that can't be
paid by contributions within a sound investment strategy.
We haven't heard the last of this issue.

https://www.political-scrapbook.net/controversial.html#defined%20benefit

#PS1economics

=====

impress 32
time 2021-03-08 14:46 +0000
https://twitter.com/politicalscrap1/status/1368936194499772416

==========


Guaranteed income encourages employment, not unemployment.

https://apnews.com/article/stockton-health-coronavirus-pandemic-michael-tubbs-philanthropy-1227f2ab4a1bb7677a01b887ba91554f

It's an idea whose time is coming.

https://www.political-scrapbook.net/2020-ubi.html

#PS1economics

=====

impress 31
time 2021-03-08 04:12 +0000
https://twitter.com/politicalscrap1/status/1368776575802478597

==========


"a way for celebrities to monetize their reputations"

https://www.washingtonpost.com/opinions/spacs-are-a-booming-business-model-but-its-time-to-let-the-cat-out-of-the-bag/2021/03/02/a4935642-7b6c-11eb-85cd-9b7fa90c8873_story.html

Would you make an unsecured loan to these guys?

#PS1economics

=====

impress 38
time 2021-03-05 15:32 +0000
https://twitter.com/politicalscrap1/status/1367860454710669315

==========


Nothing lasts forever.

https://www.washingtonpost.com/business/2021/03/03/democrats-stimulus-spending-inflation/

But everybody is fighting the last war - the 2008/9
recession recovery, that was too slow and too long and
abetted the rise of Trumpism.

#PS1economics

=====

impress 38
time 2021-03-03 23:26 +0000
https://twitter.com/politicalscrap1/status/1367254971045974017

==========


Infrastructure - easy to talk about, impossible to fund!

https://www.nytimes.com/2021/03/01/business/infrastructure-biden-stimulus.html

#PS1economics

=====

impress 32
time 2021-03-02 13:41 +0000
https://twitter.com/politicalscrap1/status/1366745362086551554

==========


A damper on leveraged buyout job killers?

https://www.nytimes.com/2021/02/28/opinion/business-economics/private-equity-reckoning.html

If officers of the selling company don't make sound
judgments - they could be financially responsible.    That
would put a much-needed crimp in the private equity hose.

#PS1economics

=====

impress 42
time 2021-03-01 04:03 +0000
https://twitter.com/politicalscrap1/status/1366237754409897984

==========


Progressives want a $15 minimum wage.

https://www.washingtonpost.com/opinions/2021/02/28/democrats-cant-back-down-minimum-wage/

But the votes aren't there.    It will require repealing
the filibuster and Manchin and Sinema are opposed.   Even
Republican voters are for $15, but the donors are opposed.

https://www.washingtonpost.com/us-policy/2021/02/28/minimum-wage-backup-plan-biden-stimulus/

#PS1economics

=====

impress 38
time 2021-03-01 00:49 +0000
https://twitter.com/politicalscrap1/status/1366188777991852032

==========


Infrastructure is next?

https://apnews.com/article/biden-politics-coronavirus-relief-infrastructure-66f5f5a3de700941aa41f675157f8748

Republicans are happy to support it as long as it doesn't
add to the budget or increase taxes.        In other words,
they were against it when Trump was president and they're
against it now that Biden is president.

#PS1economics

=====

impress 48
time 2021-02-28 19:23 +0000
https://twitter.com/politicalscrap1/status/1366106825372831746

==========


Where have all the houses gone?

https://www.nytimes.com/2021/02/26/upshot/where-have-all-the-houses-gone.html

A recession for apartments and condos and a boom for
single-family houses.

#PS1economics

=====

impress 49
time 2021-02-26 15:35 +0000
https://twitter.com/politicalscrap1/status/1365324644048232451

==========


In the end,  there was nothing new to learn.

https://www.nytimes.com/2021/02/23/opinion/gamestop-price-congress-robinhood.html

All the lessons were 400 years old.

https://en.wikipedia.org/wiki/Tulip_mania

#PS1economics

=====

impress 44
time 2021-02-24 01:20 +0000
https://twitter.com/politicalscrap1/status/1364384765219135490

==========


How much stimulus can the economy take without inflation?

https://www.washingtonpost.com/business/2021/02/20/economy-growth-pandemic/

#PS1economics

=====

impress 42
time 2021-02-21 15:06 +0000
https://twitter.com/politicalscrap1/status/1363505445437018122

==========


Don't worry about inflation until median incomes start
rising.

https://www.nytimes.com/2021/02/16/opinion/democrats-biden-inflation.html

#PS1economics

=====

impress 26
time 2021-02-18 13:20 +0000
https://twitter.com/politicalscrap1/status/1362391514580574214

==========


The ageing of Western civilization comes to America.

https://www.bloomberg.com/opinion/articles/2021-02-11/everyone-has-to-pay-when-america-gets-too-old

Admit more immigrants of pay people to have children!
Somebody has to do the work to support the elders.

#PS1economics

=====

impress 43
time 2021-02-18 03:01 +0000
https://twitter.com/politicalscrap1/status/1362235842303942661

==========


Not just Texas!

No politician likes to pay to prevent something that hasn't
happened yet.       None like to admit responsibility for
failing to act in time when it does.

https://www.washingtonpost.com/opinions/2021/02/17/dennis-mileti-death-pandemic-psychology/

#PS1economics

=====

engage 1
engage-rate 3%
impress 36
time 2021-02-18 01:37 +0000
urlclicks 1
https://twitter.com/politicalscrap1/status/1362214718698479617

==========


How to create a Texas-size problem!

https://www.washingtonpost.com/outlook/2021/02/17/texas-power-winter-storm/

Don't build in any redundancy or prepare for worse than
average conditions.

#PS1economics

=====

impress 38
time 2021-02-18 01:20 +0000
https://twitter.com/politicalscrap1/status/1362210371784777733

==========


What it's like to work in a "business-friendly" state.

https://apnews.com/article/amazon-workers-union-c8493c24dabe7609de8fec8716460737

#PS1economics

=====

impress 36
time 2021-02-13 20:33 +0000
https://twitter.com/politicalscrap1/status/1360688486215426049

==========


The Other New Deal - putting private capital to work.

https://www.nytimes.com/2021/02/10/opinion/new-deal-biden-capitalism-recession.html

#PS1economics

=====

impress 62
time 2021-02-11 04:13 +0000
https://twitter.com/politicalscrap1/status/1359717090307919874

==========


A sea change on deficit spending?

https://www.washingtonpost.com/opinions/2021/02/08/why-joe-biden-mitt-romney-both-want-give-you-thousands-dollars/

How many GOP senators will vote NO because it's a Biden
proposal?      And how many will vote YES because it's
a Romney proposal?      And how many will find a way to
duck the issue without taking a stand?

#PS1economics

=====

impress 36
time 2021-02-08 20:26 +0000
https://twitter.com/politicalscrap1/status/1358874905958248449

==========


The forgotten side of economics: resilience.

https://www.washingtonpost.com/outlook/2021/02/05/pandemic-food-resilience/

Applies to politics too - how much are you willing to pay
to protect against rare calamities?

#PS1economics

=====

impress 29
time 2021-02-07 05:35 +0000
https://twitter.com/politicalscrap1/status/1358288232606142464

==========


Did somebody say movie deal?     That's one way to recover!

https://www.nytimes.com/2021/02/04/technology/wallstreetbets-gamestop-hollywood.html

Self-serving opportunists always find opportunities to
serve themselves.

#PS1economics

=====

impress 35
time 2021-02-05 01:26 +0000
https://twitter.com/politicalscrap1/status/1357500854937477121

==========


Pump and dump is not populism.    It's opportunism.

https://www.nytimes.com/2021/02/04/opinion/gamestop-stocks.html

#PS1economics

=====

impress 34
time 2021-02-05 01:19 +0000
https://twitter.com/politicalscrap1/status/1357498935795798017

==========


Somebody sold at the top.     Good for him!    Somebody
bought at the top.    Too bad!    No conspiracy - it's
just the way speculative bubbles pop.

At least in Vegas they give the high rollers free booze
until they're broke.

https://www.washingtonpost.com/technology/2021/02/02/gamestop-stock-plunge-losers/

#PS1economics

=====

impress 53
time 2021-02-03 03:27 +0000
https://twitter.com/politicalscrap1/status/1356806604935467011

==========


Gambling thrives in bad economic times.  Wall Street
thrives on bubbles.

https://www.nytimes.com/2021/02/01/opinion/gamestop-biden-wall-street-reddit.html

#PS1economics

=====

impress 50
time 2021-02-02 12:51 +0000
https://twitter.com/politicalscrap1/status/1356586029566709764

==========


Surprise! The economy does better under Democratic
presidents.

https://www.nytimes.com/2021/02/02/opinion/sunday/democrats-economy.html

#PS1economics

=====

impress 51
time 2021-02-02 12:26 +0000
https://twitter.com/politicalscrap1/status/1356579864833232899

==========


Ways of looking at the market.

https://www.washingtonpost.com/business/2021/02/01/understanding-gamestop-situation/

They are all right - some of the time.   Some ways attract
gamblers and faddists - others attract long term wealth
builders.      Gamblers and faddists risks include that
they can't trade as fast.

#PS1economics

=====

impress 52
time 2021-02-02 05:53 +0000
https://twitter.com/politicalscrap1/status/1356480830550409218

==========


You can't keep doubling down!

https://www.nytimes.com/2021/01/29/technology/robinhood-fundraising.html

There are always house limits.

#PS1economics

=====

impress 33
time 2021-02-01 00:37 +0000
https://twitter.com/politicalscrap1/status/1356038957683752962

==========


There's lots of advice about deciding when to buy a stock.
Not so much about when to sell.  John Templeton liked
to say

"the time to sell is when you find a better bargain"

Good advice for day traders - observe the grand finale
safely from the sidelines.

#PS1economics

=====

engage 1
engage-rate 2%
expands 1
impress 43
time 2021-02-01 00:04 +0000
https://twitter.com/politicalscrap1/status/1356030563925151745

==========


Cruz and AOC agree - proof neither has the slightest clue
about what might be going on.

https://www.nytimes.com/2021/01/31/us/politics/gamestop-robinhood-democrats-republicans.html

Most of the day traders, like most of the Capitol rioters,
have no end plan, and the ones that do, don't agree.
Most will end up in poverty or jail.

#PS1economics

=====

impress 46
time 2021-01-31 23:38 +0000
https://twitter.com/politicalscrap1/status/1356024052809256961

==========


The Russians probably aren't behind GameStop.

https://www.washingtonpost.com/opinions/2021/01/31/gamestop-signals-new-destabilizing-collision-between-social-media-real-world/

But what about next time?

Anyway hedge funds are making money on GameStop - possibly
more than other hedge funds lost.     But who will be
holding the bag when the fever breaks?  As it will.

#PS1economics

=====

impress 64
time 2021-01-31 23:27 +0000
https://twitter.com/politicalscrap1/status/1356021401971376132

==========


Theories about what causes bubbles.

https://www.washingtonpost.com/opinions/2021/01/29/gamestop-chaos-may-be-bubble-what-does-that-actually-mean/

The business cycle is ultimately a phenomenon of mass
psychology, not mathematics.

https://www.political-scrapbook.net/theory.html#cycle

#PS1economics

=====

impress 35
time 2021-01-31 21:14 +0000
https://twitter.com/politicalscrap1/status/1355987775535730689

==========


Every stock reaches a top, where somebody bought and
somebody sold, and then the stock went down.      The buyer
at the top lost, but it won't be the hedge funds that
lost in the short squeeze.   Margin speeds the fall and
the rise.

https://apnews.com/article/gamestop-stock-surge-explained-fb377363d1b04809706619a6bcc9e549

#PS1economics

=====

impress 56
time 2021-01-28 23:03 +0000
https://twitter.com/politicalscrap1/status/1354928111612137472

==========


Short squeezes can affect the entire market.

https://www.nytimes.com/2021/01/28/business/gamestop-stock-market.html

Speculative bubbles always end badly for somebody.
Sometimes for everybody.

#PS1economics

=====

impress 45
time 2021-01-28 13:33 +0000
https://twitter.com/politicalscrap1/status/1354784547037044743

==========


As with foreign terrorism and domestic terrorism and
climate and covid, so with entitlements - it's almost
impossible to get a democracy to prepare for threats that
aren't obvious yet.

https://www.washingtonpost.com/opinions/we-were-right-to-worry-about-the-nations-fiscal-future-but-i-know-when-to-fold-em/2021/01/27/dae752fc-6023-11eb-9061-07abcc1f9229_story.html

https://www.political-scrapbook.net/controversial.html#defined%20benefit

#PS1economics

=====

impress 46
time 2021-01-27 23:13 +0000
https://twitter.com/politicalscrap1/status/1354568340484722692

==========


What does GameStop really mean?

https://www.washingtonpost.com/opinions/2021/01/26/gamestop-stock-rising-inequality/

#PS1economics

=====

impress 36
time 2021-01-27 17:17 +0000
https://twitter.com/politicalscrap1/status/1354478582597259265

==========


Democracy on Wall Street?   Or insurrection?    Why should
hedge funds decide who lives and dies?

https://apnews.com/article/gamestop-stocks-reddit-updates-0bfe08b10002e7bb334983948f53b6e4

#PS1economics

=====

impress 40
time 2021-01-27 17:13 +0000
https://twitter.com/politicalscrap1/status/1354477557895159809

==========


Socialism for the rich, free enterprise for the poor -

https://www.nytimes.com/2021/01/26/opinion/us-capitalism-socialism.html

An ancient story - minority rule make the minority richer
and the majority poorer.     That's the whole point!

https://www.political-scrapbook.net/2020-minority.html

#PS1economics

=====

impress 40
time 2021-01-27 01:52 +0000
https://twitter.com/politicalscrap1/status/1354245761718906882

==========


Private enterprise is more efficient than government?
No organization can grow 10X in a year without attracting
scammers.

https://www.mercurynews.com/2021/01/15/edd-unemployment-fraud-scandal-lawsuit-bank-america-covid-economy-jobs/

No organization can justify to shareholders or taxpayers
the cost of preparing for future emergencies.

#PS1economics

=====

impress 39
time 2021-01-17 15:41 +0000
https://twitter.com/politicalscrap1/status/1350830524940468224

==========


How dare you attack somebody's annuity!

https://www.nytimes.com/2021/01/14/world/europe/amazon-prime-cancellation-complaint.html

Retaining customers' monthly payments is job #1 at
companies that can get them - stock price and bonuses
depend on it!

#PS1economics

=====

impress 25
time 2021-01-15 23:25 +0000
https://twitter.com/politicalscrap1/status/1350222629915906048

==========


No way Trump could win on the economy.     That's what
happens when you come in at the tail end of an expansion.
Further expansion is very difficult.     And then the
virus.

https://www.washingtonpost.com/opinions/2021/01/04/even-if-you-judge-trump-by-his-preferred-economic-measures-hes-still-loser/

#PS1economics

=====

impress 45
time 2021-01-05 01:21 +0000
https://twitter.com/politicalscrap1/status/1346265552252141569

==========


It had to happen eventually - enormous companies push
their luck until employees organize.

https://apnews.com/article/google-workers-unionize-technology-cc67e2f901fa5b59d73b9dac1892d0b3

The growth in income and wealth inequality coincided
with the decline of organized labor starting with the
Reagan era.

#PS1economics

=====

impress 48
time 2021-01-04 23:45 +0000
https://twitter.com/politicalscrap1/status/1346241346395226113

==========


New Republican principles on public debt:    it's good if
Republicans do it; bad if Democrats do it.

https://www.nytimes.com/2021/01/02/business/economy/republicans-deficit.html

#PS1economics

=====

impress 45
time 2021-01-03 21:13 +0000
https://twitter.com/politicalscrap1/status/1345840634599407616

==========


It's a good thing all those Republican farmers know how
to stand on their own two feet.       Not like those urban
people on welfare!

https://apnews.com/article/global-trade-iowa-coronavirus-pandemic-financial-markets-weather-193e2a32e52e00d15afeb4cb6316fdcd

#PS1economics

=====

impress 39
time 2021-01-02 15:17 +0000
https://twitter.com/politicalscrap1/status/1345388737274941441

==========


How much relief do the upper 10% need?

https://www.washingtonpost.com/opinions/some-of-the-progressive-priorities-really-help-the-rich-more-than-the-poor/2020/12/31/f3e1a2ac-4b70-11eb-839a-cf4ba7b7c48c_story.html

If you want to benefit everybody, try universal income
combined with a flat tax -

https://www.washingtonpost.com/opinions/some-of-the-progressive-priorities-really-help-the-rich-more-than-the-poor/2020/12/31/f3e1a2ac-4b70-11eb-839a-cf4ba7b7c48c_story.html

#PS1economics

=====

impress 52
time 2021-01-01 00:52 +0000
https://twitter.com/politicalscrap1/status/1344808562027941888