Democrats Must Resist Recession Narrative and Critique Narrative of Trump’s Economic Success

This week’s stock market antics and the occurrence of an inverted yield curve have provided compelling evidence portending another economic recession.

These economic indicators, in addition to spurring stock sell-offs and turbulent market volatility, also sparked a firestorm of debate and commentary regarding how a potential recession would impact Trump’s 2020 re-election bid. read more

Trump’s Economic and Environmental Policy: In the short term, we’re all dead

British economist John Maynard Keynes famously wrote in 1923, in a tract on monetary policy, “In the long run, we’re all dead.”

Economists have debated the significance of this wry theoretical phrase. Some have critiqued him, along with other economists who sought to moderate the austerity policies of governments during times of intense economic retraction, as not caring about the future or future generations. They accuse Keynes of being willing for short term benefit to enact policies that would damage the economy in the longer term, leaving ruinously burdensome debt, for example, that would debilitate the future economy for following generations. One critic even went so far as to suggest that because Keynes was gay and didn’t have children, he simply didn’t care about the future and could afford to adopt a recklessly short-termist approach to the economy. read more

Gov. Brown Says Fires Will Make the Worst Climate Skeptics Into Believers

Jerry Brown says the deadly California wildfires will convert all climate change skeptics into climate change believers within five years.

Brown is the Democratic California Governor and he said Sunday morning that he believes the science surrounding the deadly wildfires will become so evident that skeptics will no longer be able to avoid the truth of the devastating impacts of climate change. read more