Economy
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Economics
This appeared in the New York Times today. “While higher interest rates, slower growth and softer labor market conditions will bring down inflation, they will also bring some pain to households and businesses,” Jerome Powell, the Fed chair, said during a speech at the Kansas City Fed’s annual conference in Wyoming. “These are the unfortunate costs…
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Canceling Student Debt 2
What does the national media continue to scare us about the national debt? Why does the national media continually focuses on the national debt? They need to do this so that they can bring up the specter of the enormous national debt at their convenience. If you’ll notice, they never bring up the issue of…
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Canceling Student Debt
The recent proposal to alleviate student debt up to $20,000 per student is a good deal for students and for the United States of America. It was a long time coming. Conservatives, and I am one of them, shouldn’t oppose this deal simply to oppose it. That’s what people like Sean Hannity want you to…
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UBI: Universal Basic Income
What about universal basic income? How do you feel about that? You better start thinking because billionaires like Mark Zuckerberg are in favor of it, and you know what that means. When you start seeing Harvard-educated cult-members like Zuckerberg come out for nutty ideas like universal basic income, you better run for the hills. You…
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Recessions are Good
Recessions are good. You wouldn’t know that by listening to the mainstream media. They think recessions are bad. It’s a good thing the media is not in charge of the human body. If it were, your body would never sleep. Sleep is good. Recessions are good. Sleep gives your body time to repair itself. It…
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Levi Strauss
If you are bored by economics, read no further. Suppose the name value that a business is built upon is not owned by the owners alone. Suppose that the owners of Levi Strauss own only the land, factory, machines and supplies of Levi Strauss but not the labor or the business concept known as Levi…
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Our Current Brand of Globalism
What’s wrong with our modern economics? What’s wrong is that the vision of globalism that is commonly prosecuted by our elites is wrong. The current brand is inefficient. It’s a thinly disguised justification for sweatshop imperialism. It doesn’t benefit anyone except the super rich. Why barge materials and goods from continent to continent when each…
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Flawed Models
What’s wrong with our modern economics? What’s wrong is that the vision of globalism that is commonly expressed by our elites is wrong. The current brand is inefficient. It’s a thinly disguised justification for sweatshop imperialism. It doesn’t benefit anyone except the super rich. Why barge materials from continent to continent when each continent within…
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The Supply Chain Crisis
What can we say about the supply chain crisis? Shall we call our leaders stupid? It’s tempting to do so. They are stupid, of course, but on the other hand they’re not stupid. Biologically speaking, they’re not stupid. Where they are stupid is in their greed. They aren’t smart enough to not be greedy. Because…
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Bogus Government Shutdown
Once again Senate Republicans led by Mitch McConnell play the tiresome game of shutting down the government. Boring. They have blocked a bill which would suspend the debt ceiling and avoid a government shut down. Thus, because of McConnell’s maneuvers, there could be a potential government shut down. Thank you for wasting our time, Mitch…
Cowboy Archer 