Category: Government

Five areas are the focus of my attention and interest.

Overall principles, Constitution, Economic Policy, Foreign Affairs, Politics

Treasury Interest Rates

Have you noticed the headlines and blurbs about the inversion occurring in Treasury rates? The information usually has a warning that rate inversion could signal a potential recession. That’s wisdom worth heeding, but for anyone who has bond funds what is the impact of these falling rates? One rule of thumb is that a medium-term…

It’s the truth, but …

Many aspects, not all germane

How can telling the truth not benefit decision-making? When a selective truth is told, with many similar truths never mentioned, listeners readily make associations to displayed traits that may not be germane to the truth told. This facility of personal learning is natural and occurs across all thinking. It is the reason that sins of…

Political Omens

George W. Bush, President 2001-2009

In organizing old files, this fictional memo from 2008 surprised me with its political omens. Dateline: Dec. 31, 2099 George W. Bush, 43rd President of the United States of America, has been selected Man of the Century by Big Brother’s Ministry of Truth.  Mr. Bush took government to its next logical step.  Under his watch,…

Trump’s Impeachable Offenses

It’s important that impeachment discussions focus on the most glaring offenses. Otherwise his supporters can ignore the major, respond to the minor, and in sum claim that impeachment is just sour grapes by anti-Trumpers. What are Trump’s Impeachable Offenses? Ignoring the Constitution. He is not king, but must honor the separation of powers and treat…

Political Framing Issues

George Washington in service to his country

Trump is a master at playing the media and focusing attention on his issues on his terms. National Conversation Here are three items a vibrant press should ensure enhance the national conversation. Ten million more Americans in 2018 voted for Democratic representatives than Republicans. A clear rejection of Trump positions and attitudes, yet rarely mentioned…

Wordsmithing and Perspective

Pietro Aretino, the patron saint (or devil) of wordsmithing. He excoriated his patron's rivals.

Hearing a single wordsmith perspective again and again … the person may stop noting the image of a backwoodman, only see an antisocial vagrant.

Creative Destruction and the Social Contract

We are rightly proud of the economic achievements capitalism and hard work has brought to the US, but free market capitalism is not a flawless mechanism. I have posted elsewhere about income inequality. Here I want to focus on a flaw in creative destruction.   Here’s the definition from MIT economics. Creative destruction refers to…

Government Economic Policy Importance

The federal government must sensibly handle its huge budget. Its selection of projects of national interest is immensely important. Lastly, but not least, it must regulate some economic activities to ensure that free markets are not distorted by hidden information.