Tag: U.S. economy

May 13, 2020

During the past two months of COVID-19 “lockdown”, the United States has watched 30 million jobs evaporate, incurred an additional $2 trillion dollars of debt, seen our national debt exceed the GDP, and still not fixed our infrastructure. In fighting […]

November 19, 2019

Would a national price on carbon emissions, designed to reduce the U.S.’ contribution to global warming, damage the country’s economy? Answers to this question have been emphatically partisan in Washington D.C. where, at various times over the past two decades, […]

July 23, 2019

When Special Counsel Robert Mueller is testifying before Congress this Wednesday, Donald Trump will be the guest of a coal magnate in Wheeling, W.V. He will once again make the case for “big beautiful coal,” although the facts don’t bear […]

May 31, 2019

The oil price has plummeted in recent days, with a spectacular drop of $3.51 on May 23. Well, not spectacular (see figure) but definitely notable, especially given an extremely bullish geopolitical situation. Venezuelan production appears likely to remain near zero […]

November 6, 2018

A U.S. economic sledgehammer is falling on the Islamic Republic of Iran and global energy markets couldn’t care less – at least for now. Brent crude oil futures are up a meager $0.62 from their $72.61 open – bringing the […]

January 22, 2018

The U.S. economy is in boom mode, approaching what Mel Brooks’ called “Ludicrous Speed,” and at some point there must be a slowdown if not an outright recession. A standing economic joke was that once economists agree that we’ve conquered […]