The Democratic Party, recognizing that it has lost touch with many of its former constituents, rolled out its “Better Deal” this week in Virginia. We have now had Teddy Roosevelt’s “Square Deal,” Franklin Roosevelt’s more famous (or infamous) “New Deal,” Harry Truman’s “Fair Deal,” and now the latest “deal” for the American people. All of […]
Archives
-
The “Better Deal” is Another Raw Deal
28 Jul 2017
-
I just returned from a visit with my mother in my (and her) home city, Huntington, West Virginia. We drove by way of Portsmouth, Ohio. Both cities are in “flyover country” and both have suffered from the heavy (and likely irreversible) loss of manufacturing jobs. To give you an idea of the losses, Huntington has […]
-
The City of Man
15 Jan 2017
I am sitting in the San Antonio airport, waiting for my flight back home, reflecting on an excellent Values and Capitalism retreat here and–the subject of this blog–my walk yesterday. My goal was to walk to a bookstore about two miles from my downtown hotel. I had mapped it out using Googlemaps and set out […]
-
I hate to beat a dead horse, but the issue of trade keeps coming up in the news, whether from Donald Trump and the Trumpists or from Paul Ryan or from Hillary Clinton and Barack Obama, all claiming to have the right position on trade and the place of the United States in the global […]
-
Minimum Wage, Minimum Work, Minimum Dignity
11 Apr 2016
California, predictably, has passed a $15/hour minimum wage. New York is likely to. A few cities have done it already. Bernie Sanders wants a Federal wage of $15, while Hillary Clinton wants a $12 wage. And so the issue is once again on the table, at a time when wages are stagnant and unemployment is […]
-
Trump, Sanders and Unemployment
04 Mar 2016
This morning the Bureau of Labor Statistics released its monthly Employment Situation Summary. The unemployment rate remained at 4.9%. I was reading MoneyBeat blog at the Wall Street Journal. The following quote (posted at 8:45 AM) caught my attention. U-6 includes everybody, and that rate is at 9.7%. That is a high number for a purported […]