Trickle-Down

Scott Morrison has a new obsession — the budget surplus. In spite of his assurances to the contrary, this has not actually been delivered and there are growing doubts that it will be. The storm clouds, the headwinds of which the Prime Minister and his Treasu…

By Anuvab PalIf you thought climbing Mt Everest was tough, our new finance minister Nirmala Sitharaman’s task of presenting the Budget is up there. After holding government posts, noted economists have returned to leafy Ivy league universities, and claimed t…

1.I recently saw a playwright I had studied with at a cafe. Her mother had just been hospitalized and this led to a discussion of how womens symptoms of heart attack often present differently than the typical signs weve been told to look for. Nausea and vomit…

Authored by Mike Shedlock via MishTalk, In a speech today, Fed Chair Jerome Powell took a swipe at Trump, then patted himself and the Fed on the back... Powell Snipes at Trump Image courtesy of Hedgeye Inquiring minds are tuning into a Powell Speech in wh…

In 2019, the World Bank (WB) and the IMF will be 75 years old. These two international financial institutions (IFI), founded in 1944, are dominated by the USA and a few allied major powers who work to generalize policies that run counter the interests of the …

Despite its flaws, Seattle's light-rail system demonstrates a replicable strategy for U.S. cities seeking to expand both rail and affordable housing in equal measure. Twenty-five hours is a long time. With it, you could file your taxes twice; roast, burn, th…

Morning Wonketariat! Here's some of the things we may be talking about today. A federal judge has ruled that new evidence in the case of the administration's census citizenship questions deserves more consideration. The Fed held interest rates steady yeste…

Elon Musk speaks at a news conference after the launch of the SpaceX Falcon 9 rocket in March 2019. (Reuters / Mike Blake) Thank you for signing up. For more from The Nation, check out our latest issue. Thank you for signing up. For more from The Nation, ch…

Wallis Simpson was famous for two things: that the King of England abdicated his throne to get with her, and that she was the first person to say "You can never be too rich or too thin," a turn of phrase beloved by ignorant assholes the world over. Wait. Th…

Trickle down theory applies here. America has a death penalty. America has the largest military in the world and in history. America will not stand being crossed. These moments of spasm and orgy are threads in a cultural fabric. Americans have a right to be e…