Towards the end of “Bad Optics,” I spoke briefly about the political ramifications of persistently high inflation. When Joe Biden renominated Jerome Powell last month,
Category: politics
Germany’s State Of Exception
Someone, somewhere is aggrieved. Germany on Thursday agreed to institute sweeping restrictions on the unvaccinated in an effort to put the brakes on the country’s
Omicron And The Slow Death Of Common Sense
“It is very likely that the Omicron variant has already arrived in Germany,”‘ Kai Klose, an official in the German state of Hesse, said Saturday.
Is Germany Headed For Recession?
In Germany, where, according to health minister Jens Spahn, “pretty much everyone” will be vaccinated against COVID, recovered from it or “dead” by winter’s end,
War Games And Vaccine Agitprop
Some market participants may be concerned, but it isn’t likely that new containment measures tied to COVID will induce a serious pullback in equities. That’s
Disaster Calculus
Good deeds are unpredictable because they are not natural; they don’t arise spontaneously, people commit them impulsively. Evil, on the other hand, acts naturally —
‘Epic Feats’ Of US Government Dysfunction
The House passed Joe Biden’s social spending plan on Friday, clearing the way for Joe Manchin to torpedo the legislation in the Senate. I’m just
Austria Mandates Vaccines, Locks Down Country In Dramatic Crackdown
Market sentiment took a hit Friday from news that Austria will institute a 10-day nationwide lockdown starting Monday. It can be extended up to 20
Just Two Old Friends
As long as you weren’t expecting anything substantive from the first face(time)-to-face(time) summit between Xi Jinping and Joe Biden, you weren’t disappointed. The two men
Wake Up
Joe Biden on Wednesday noted that jobless claims are down 70% since he took office. He’s right. Claims have fallen dramatically. 267,000 Americans filed for
The Economics Of Repulsion
Since everyone is competing for the same fraction of our (limited) attention, sooner or later cognitive capitalism becomes a zero-sum game. For a brain already
A Reality Check For Americans On Infrastructure Weekend
“Generations from now, people will look back and know this is when America won the economic competition for the 21st Century,” Joe Biden declared, in
Redefining Philanthropy In The Age Of Musk
Every week brings new evidence to support the contention that humanity is moving rapidly towards a future where a handful of people control the vast
‘Meta’physics
On Thursday afternoon, Bloomberg Television abruptly cut away from a press conference where Nancy Pelosi was discussing next steps on Democrats’ economic agenda. Joe Biden
Hustled By Spin
“No one got everything they wanted in the bill, including me,” Joe Biden said Thursday, while unveiling a “framework” for his “Build Back Better” agenda.
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