Macroeconomic policy

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Trump Shoots His Campaign in the Head

Published by Anonymous (not verified) on Wed, 07/10/2020 - 9:10pm in

Trump is back to his usual self-destructive form.

Macro N Cheese – Debt Deflation and the Neofeudal Empire with Michael Hudson

Another tour de force by Michael Hudson, this one stressing the role of unproductive real estate in modern debt bondage and Trump's MMT.

Coronavirus Economic Distress Hitting Indebted Professionals

Published by Anonymous (not verified) on Mon, 21/09/2020 - 3:19pm in

Coronavirus damage is working its way up the economic food chain and is now hitting professionals in a meaninful way.

Demonizing Socialism and “Macroeconomic Populism”: Myths of Soft Budget Constraints

Published by Anonymous (not verified) on Wed, 16/09/2020 - 11:55pm in

Some econmists have criticized industrial policy as zombie-crearting "macroeconomic populism." Evidence indicates otherwise.

Wolf Richter: Unemployment Crisis Going in Wrong Direction: Week 25 of U.S. Labor Market Collapse

Unemployment claims continue to increase, with nearly 20% collecting unemployment insurance. even according to the stringent claims criteria.

How US Consumers Use Their Stimulus Payments

Published by Anonymous (not verified) on Thu, 10/09/2020 - 6:42pm in

Contrary to right wing beliefs, giving citizens stimulus payments didn't lead them to loaf.

More Giveaways to Capitalist Finance? It’s High Time To Change the Objective

Jan Kregel explains the fundamental problem with the economic system is its focus on providing finance to investors.

Delayed Second Stimulus Already Leading to Cuts in Grocery Store Spending

Published by Anonymous (not verified) on Fri, 28/08/2020 - 8:54pm in

Hunger is on the rise. Grocery store operators see weaker spending now that the $600/week unemployment supplements are gone.

Tom Ferguson: Biden Blurring Almost Everything

Political scientist Tom Ferguson juxtaposes the factions around Biden with how Roosevelt eventually stared down banks and corporatists in the second phase of the New Deal

You Know In Your Heart That the Day of Real Resistance Is Coming

Published by Anonymous (not verified) on Fri, 28/08/2020 - 3:50pm in

First demonstrations across the US, now a guillotine in front of Jeff Bezos' house. Is this more #Resistance or a system-breaking resistance?