Bridging Rural/Urban Divide Key for Democrats in 2020 and for Exposing Trump Failures

Just yesterday I attended a fair in Port Oneida, Michigan celebrating rural culture.

While the focus on Michigan, when it comes to economic matters, tends to be on the manufacturing sector, largely, of course, because of the dominance of the auto industry, the importance of the rural economy and population loom large, not just in terms of their essential role in U.S. life but also as a voting issue and bloc in the 2020 presidential election. read more

Trump’s Ignorance of Global Realities Is Trampling the Working Class

The “then what” is that Trump’s insistence he can make up the rules when he doesn’t own the ball is inflicting devastating damage on farmers and workers in the U.S. and on the U.S. economy overall.T

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