Why should Americans care what happens in Europe?

There’s a good reason to care about what’s happening in Europe. I mean a practical reason, beyond humanitarian concern for poor and middle class people having utterly pointless suffering inflicted on them by the austerians who control most European governments and seem unable to learn economics from either a textbook or from the effects of their policies. Continue Reading

Why not attack Iran?

I’m really not trying to be flippant about a war, but the sales campaign for an American and/or Israeli attack on Iran reminds me of anecdotes I heard about Reagan’s Strategic Defense Initiative (SDI), called “Star Wars” by opponents. Continue Reading

Unemployment really did go down

Maybe it’s a lesson in “check it out when so many don’t know what they’re talking about”. I needed a refresher apparently. I’m referring to the rather precipitous drop last month in the unemployment rate, from 9.0 to 8.6. I accepted a report that the drop was due to more workers giving up searching. Continue Reading