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Yes. It should be a national holiday. Why not move Presidents day to November and vote on Presidents day?

Probably you are right. My concern is that even though a skewed wealth distribution, according to Piketty, is a natural result of the return on capital being greater than the growth rate of an economy, an extremely skewed wealth distribution is destabilizing for society and its government. It...

You may be stating an opinion about something you know very little. If inflation does "roar back" that would be a confirmation that the government is not following an MMT model, but something else. Do you remember in 2009 all the dire predictions on ET of the coming hyperinflation due to QE. I...

I am heartened by the numbers you quote! But of course we must not forget we don't elect our presidents democratically so that merely having more votes does not guarantee a victory; exactly as our founders wanted when they left how to apportion electors up to the states.. Actually I am hoping...

I'm putting you on warning that what is attributed to MMT economics is often not attributable. To go into detail would take pages few here would read. Anyone interested, will easily find books, papers and blogs, and now a new Macroeconomics Textbook by William (Bill) Mitchell and L. Randall...

When Millennials start voting in large numbers, what they want will be listened to by politicians. So far, many of them don't vote, so, so far, they are paid lip service by most politicians, but in reality, largely ignored; ignored more by republican than democrat politicians, but ignored...

To do that, the government would have to start listening to the MMT economist's advice.

This article, while not wrong on some facts, is entirely wrong on other points. It is so wrong it's ridiculous.

It is pointing out the schizophrenic nature of Trump's failed administration. Sending medical supplies to China was a very good thing, and the U.S. at that moment should have began stockpiling the same for its own coming need which by February was very clear. Instead the administration, stacked...

don't forget genius. He's already given himself a ten on his handling of the Corona virus crisis so far. So, I don't know how you get better from perfect -- he's a "genius". He'll figure out how to get to eleven on scale of one to ten....

Intellectually, we know it isn't.

Read this brilliant editorial I read on Bloomberg today. I will put your mind at ease. The Lives-or-Dollars Debate Is a Waste of Time Nobody really believes that any cost is worth paying to save just one life, or that the Dow matters above all else. By Ramesh Ponnuru March 27, 2020, 3:13 PM...

The U.S. Central Bank doesn't give anything away. It is the government's banker and they do what the government tells them to do. When the Congress orders the Treasury to send a check to everyone, the Treasury does it. The Treasury's reserve account is at the central bank. The Bank just...

Solve that problem by increasing the denominator faster than the numerator. Build more high-speed rail. Compared to air flight rail is super efficient.

Good for California. In the meantime there is a better way to go than our fifty-different-plans approach to a crisis. If, however, the master plan was to disintegrate the Federal Government from within via chaos created by chimpanzee-like leadership; thus by default returning the states to...

We are very good at thinking of reasons not to do something we should. I have a lot of reasons I haven't started doing my taxes yet. I'm still going to have to do them. "Sooner health people get it, sooner the high risk can come back out and the sooner the world can get back to normal."...

less expensive than a Depression or putting a million on ventilators, and the outcome is far better. The frequency of required testing drops exponentially with time if you do this. We could do it. We are not!

By far the best option is missing from your poll. Keep people home until testing and protective supplies are greatly ramped up, 4 to 6 weeks, then test, test, and test some more. Especially, the asymptomatic need to be tested -- the exact opposite of what we are doing! If someone tests...

So you are using a different definition of "Run on the bank" then. OK fine. whatever. In the runs on banks of old, depositors often did not get all their money back. In the U.S. those days are long gone. And they are in the UK too apparently since in your kind of bank run depositors got their...

This is a misunderstanding on your part with regard to at least the way depositors are protected in the U.S. In the U.S. Banks pay an insurance premium to the Federal Deposit Insurance Corporation. This is a government backed independent agency of the government that insures bank deposits...