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Category Archives: Politics
How the Fed Chokes the Economy
There’s no outlet in the San Joaquin Valley for the salt to flush. The valley is the basin’s terminus. Thus, in this grand paradox, the relative freshness of the excess water that is keeping the farmland alive is, at the same time, the source of the salt that is killing it. Continue reading
Posted in MN Gordon, Politics
Tagged cadillac desert, cheap credit, jerome powell, marc reisner, san joaquin valley
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13 Reckonings for America
One of the noteworthy features of the political climate in the USA is the lack of agreement on what the facts are – and how the economy should be allowed to function. Should it be a hands-off laissez-faire economy? Should there be more regulatory intervention? Continue reading
Posted in MN Gordon, Politics
Tagged alexander fraser tytler, collapse, consumer price index, debt, federal reserve
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Inflation and Chaos
Data can be contrived to tell whatever story the author desires. Data contrived by government agencies is particularly susceptible to the imposed will of the overseeing administration. Policy makers want the data to make them look good and to justify their decisions. Continue reading
Posted in MN Gordon, Politics
Tagged consumer price index, donald trump, jerome powell, kamala harris, treasuries
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Harris Wants Your Retirement Account
Vice President Kamala Harris supports the nearly $5 trillion in tax increases included in President Biden’s 2025 budget proposal. The proposal is close to 200 pages and includes an extensive list of tax hikes. Continue reading
Posted in MN Gordon, Politics
Tagged debt, government meddling, kamala harris, taxes, unrealized capital gains tax
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