by Henry Oliner | Aug 10, 2023 | Economics
Presidents get too much credit and blame for an economy as if it turns on a dime the moment they are elected. The right want to credit Trump for the sharp rise since he was elected, but attributes no credit to Obama for the long rise during his tenure. In both cases...
by Henry Oliner | May 14, 2023 | Economics
From Calafia Beach Pundit, Inflation is So Over: Charts #6 and #7 are the most important charts that hardly anyone is looking at these days. What they show is that our recent surge in inflation was caused by a surge in deficit spending from 2020 through 2021. As much...
by Henry Oliner | Jan 8, 2023 | Economics
Deficit spending is stimulative to economic growth: raising taxes on business and higher interest rates are a disincentive to economic growth. Doing both at the same time is incoherent and a recipe for stagnation. If there is a tradeoff between a recession and...
by Henry Oliner | Oct 22, 2022 | Politics
The push for ESG and DEI may resonate with the wealthy white woke, but it also seems to correlate with a great shift of minority voters to the Republicans. I often find the publicized push for DEI to be patronizing and undermining to the real accomplishments of...
by Henry Oliner | Jan 1, 2020 | Economics
Great Society by Amity Shlaes tells the story of the disappointments of Johnson’s signature program; the lessons are many. The inflation of the 1970’s had numerous causes and led many of us to conclude that the deficits of the most recent decade under both Obama and...
