Trump’s mistakes make a China trade deal harder to seal on January 16, 2019Donald Trump fancies himself as a great negotiator. But he’s made at least two big mistakes that’ll make it difficult for the US to come to a trade agreement with the Chinese. Eventually, some sort of deal will be reached. Whether it will be honored is another matter. But whatever it turns out to be […]
Don’t believe the lies about the US being at ‘full employment’ on January 15, 2018We’ve already started to hear this lie: the US is at full employment. That nearly everyone who wants a job has got a job. The lie started during President Obama’s second term, when the job market was truly lousy. And now that President Trump is in charge, the lie is again coming out of the […]
Flynn story gives glimpse into fragile state of stock market on December 11, 2017The stock market tanked briefly last Friday on a misleading ABC News report that made it seem as though President Trump’s legal problems were increasing. That report, which got an ABC News correspondent in deep trouble, said Trump gave orders to retired Lt. Gen. Michael Flynn (then a national security adviser) to contact the Russians […]
Tax cut plan a gamble on whether Americans will spend on April 30, 2017President Trump’s proposed tax reform could be great in the short term for the stock market, useless in helping the US economy and a disaster for future generations of Americans. It all depends on how unpredictable American taxpayers and corporations will react if they suddenly found themselves with more money in their pockets. Everyone, of […]