“No path out of economic oblivion for Russia as sanctions crush Putin’s regime,” the Raw Story headline reads (story here). That conclusion is the result of a study by a Yale professor in business management (c.v. here) who advises CEOs and U.S. presidents. He’s not a neutral[...]
Archive for the ‘Biden’ Category
Report Boebert to the FBI for this? Yawn.
A lot of people did (see story here), but I don’t think their complaints are going anywhere. The problem is it’s impossible to prove she committed a crime, because both her intent and the phrase are ambiguous. There are lawful ways to “terminate” a presidency: Impeachment, in[...]
What the GOP says about gas prices
Something is happening that Republicans eyeing the fall elections don’t like: Hiring remains strong and gas prices are falling. I’m not saying they’re against a strong job market and lower gas prices; they’d just rather take credit for it themselves. Anyway, this is what Hous[...]
The Loser
Olympic gold medalists Simone Biles and Megan Rapinoe were awarded the Presidential Medal of Freedom on Thursday, June 7, 2022. Jenna Ellis (photo, left; bio here), a small-time lawyer on the Trump legal team that tried to overturn the 2020 election in the courts, instantly lashed out. “Fittin[...]
How Biden could have prevented high gas prices
He couldn’t have prevented the years of low oil prices and cheap gas that gutted oil company profits. (For example, Exxon’s profit dropped from $32.5 billion in 2014 to $7.8 billion in 2018, and the company lost $22.4 billion in 2020.) That was engineered by Saudi Arabia to kill off the [...]
Who’s to blame for inflation?
Republicans will tell you Biden is. Mark Zandi, a respected economist (bio here), breaks it down in the chart at left. Isn’t it obvious this is all Biden’s fault? Let’s go through it item-by-item. Russian invasion of Ukraine That’s 3.5% right there, and Biden admits it contr[...]
Putin likely will survive; what should America do?
The Russian people are being forced to live in a dreamland, whether they want to or not, in which Putin’s aggression against Ukraine is a “sacred” duty of “defending the Motherland” and those supporting Ukraine are “international terrorist gangs.” Moreover, [...]
Why a gas tax holiday won’t lower pump prices
President Biden is warming up to a federal gas tax holiday (see story here), but will it help motorists? Or is it just empty election-year politics? Probably the latter. Let me explain why, starting with a simple supply-demand graph from Econ 101. In a free market, a lower price increases demand but[...]
Are meatpackers gouging us?
Prices for eggs, chicken, beef, pork, and fish are rising much faster than inflation (see chart below). Consumer advocates claim meatpackers like Tyson are price-gouging. Biden argues they can do it because of the meatpacking industry’s monopolistic character. Let’s check this out. Sharp[...]
Suddenly, Trump’s fake electors scheme looks very criminal
Biden won Georgia in 2020, and was entitled to its 16 electoral votes, but the Trump campaign had other plans. A Trump campaign operative in that state assembled a group of unelected “alternate” electors, arranged for them to meet at the statehouse on December 14, 2020, and issued them t[...]