How Discredited Policies Of The Days Of DEVO Have Driven Us To The Fiscal Edge

photo 80's era new wave band of "Whip It" fame, DEVO

The eighties had some bright spots. These include the lyrical riffs in Guns and Roses marvelous Sweet Child o’ Mine, the bass line in Billy Idol’s catchy White Wedding and just about everything Great White and Metallica did. There were also some highs in  GOP’s economic experiment, but largely it was a mixed bushel of apples, most of them rotten or full of worm-holes and bruises. That didn’t stop the GOP from using them in a pie that we are still choking down to this day.

Read More

Here’s The Problem With Trump’s Trade War: Trade Deficits Aren’t Necessarily Bad

WPA poster titled First Foreign Trade Zone - artist Jack Rivolta. Produced 1937 during New Deal trade initiative.

by Tony Wyman Trade War Between Trump And Credible Economists You could hit an imported Chinese golf ball into a room full of economists and have a pretty good chance of not hitting one who agrees with President Trump‘s trade kerfuffle with China.  Why?  Because, unlike the president, most economists think trade deficits aren’t a bad thing.  In fact, some even think they are good. How can that be?  Doesn’t it make sense that we are losing against China if they are selling us more than we are selling them? …

Read More