NYTimes Trolljob extraordinaire (slow day at work)

My recent email back-and-forth with the NYTimes reporter Nelson D. Schwartz regarding his front-page article celebrating the wonderful Obama economy, my email begins with the quote from his article: ”  ‘For all his criticism of Mr. Obama’s economic stewardship during the campaign, Mr. Trump inherits an economy that is fundamentally solid. Consumer sentiment, corporate profits … More NYTimes Trolljob extraordinaire (slow day at work)

“Inflation worries” from Trump fiscal stimulus

The latest scare-mongering among the economically ignorant comes from the Fed, as outlined in this Reuters piece.  In it, we are warned of the inflation risk of Trump proposals for infrastructure spending, tax cuts, and other potential expansionary policies.  Inflation is always the buzz-word to caution against aggressive government spending (which is desperately needed, and … More “Inflation worries” from Trump fiscal stimulus