Category Archives: Politics

Will Larry Summers Save the World Again?

Modern macroeconomics is a boring and dreary trade. The monthly report outs on GDP, unemployment, inflation, and other data aggregates, are a dull waste of time. What decisions could you possibly make to improve your lot in life from these data reports? Continue reading

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Biden’s Global Climate Summit Kicks Off Full-Tilt Wealth Redistribution

The central planners are setting the stage for epic, government directed renewable energy boondoggles. A full-tilt raid on the public purse that will make everyone rich – except you. Printing press money will be distributed to mega solar and wind generation programs as a matter of monetary and fiscal policy. Continue reading

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Coming to America: LA Metro’s Model of Extreme Capital Consumption

LA Metro’s Fiscal Year 2020 budget was $7.2 billion. Of this, only $284.5 million was covered by passenger fares. Another $96.8 million was covered by advertising and other revenues. The remaining $6.8 billion was covered by five different sales taxes, diesel and gas taxes, highway tolls, and various grants and bonds. Continue reading

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Let The Good Times Roll

The storming of the U.S. Capitol Building on Wednesday was a wacky and wild escapade. But it shouldn’t be a surprise. These things happen when a nation’s in decline. And, as Wednesday demonstrated, America’s recline and flail goes on. Continue reading

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