Monday, January 8, 2018

The Economy, Stupid!


I was channel surfing my cable guide for Sunday evening, and I saw a C-span program about 'what would Alexander Hamilton do about the national debt'. It interested me enough to DVR it, by doing so I became aware of an Economist Robert E Wright, who's Chair of the Econ. Dept at Augustana University in S. Dakota. His views on macro-economics and the budget I think would be good fodder for this forum to rhetorically chew on. His prognosis he had for the economy was based on the status of the 'Yield Curve', with the near future (coming 12 months) being a slight up-tick, but nothing to get excited about for good or bad news, pending how the Yield Curve develops, as a result of the effects of the new GOP tax law.
OBTW, spoiler: He has arguments for ending social security, at the same time being against the Citizen's United ruling/