Sunday, 20 August 2017 - 6:42pm

Published by Matthew Davidson on Sun, 20/08/2017 - 6:42pm in

This week, I have been mostly reading:

  • Actually, Germany Can Do Something About Its Trade Surplus — Dean Baker: If Germany were prepared to run more expansionary fiscal policy and allow its inflation rate to rise somewhat then it could have more balanced trade, meaning that it would be getting something in exchange for its exports. However, Germany's political leaders would apparently prefer to give things away to its trading partners in order to feel virtuous about balanced budgets and low inflation. The price for this "virtue" in much of the rest of the euro zone is slow growth, stagnating wages, and mass unemployment.
  • The Democratic Party’s Anti-Bernie Elites Have a Huge Stake in Blaming Russia — Norman Solomon: After Hillary Clinton’s devastating loss nearly six months ago, her most powerful Democratic allies feared losing control of the party. Efforts to lip-synch economic populism while remaining closely tied to Wall Street had led to a catastrophic defeat. […] In short, the Democratic Party’s anti-Bernie establishment needed to reframe the discourse in a hurry. And -- in tandem with mass media -- it did. The reframing could be summed up in two words: Blame Russia.
  • Making Sense of the Deportation Debate — Aviva Chomsky in TomDispach: A Washington Post scare headline typically read: “ICE Immigration Arrests of Noncriminals Double Under Trump.” While accurate, it was nonetheless misleading. Non-criminal immigration arrests did indeed jump from 2,500 in the first three months of 2016 to 5,500 during the same period in 2017, while criminal arrests also rose, bringing the total to 21,000. Only 16,000 were arrested during the same months in 2016. The article, however, ignores the fact that 2016 was the all-time low year for arrests under President Obama. In the first three months of 2014, for example, 29,000 were arrested, far more than Trump’s three-month “record.”
  • Cyber.Hospital — VectorBelly: