CNN, 9 January 2024, has Trump saying "I don’t want to be Herbert Hoover." CNN adds: "The US
stock market crashed during former President Herbert Hoover’s first year in office in 1929, which
signaled the beginning of the Great Depression." See my work on the Trump Depression
Thursday, February 27, 2025
Tuesday, February 25, 2025
Honorable Men: What the Democrats learned from the November elections
From Third Way:
Third Way's Lanae Erickson and Jon Cowan call on Democrats to reconnect to regular people by cutting the cord with the far-left interest groups that dominate many Democratic spaces.
In other words: "Abandon everyone who has not abandoned us."
Sounds like a plan. Or, you know, you could focus on the economy.
But it's too late for that now, isn't it.
I quoted the last sentence of the first parag on the Third Way home page. It probably won't be there long. Here's a screen capture, just in case.
Or maybe you can find similar blazin', brazen bullshit in the MSNBC article that comes up when you click the title below the home page photo. (Look below the Hakeem Jeffries photo on the MSNBC page.)
I have only one thing to say: Symone, how could you let this happen?
Thursday, February 20, 2025
A truly historic week
From the 23 Jan 2025 "Remarks By President Trump at the World Economic Forum":
"This has been a truly historic week in the United States. Three days ago, I took the oath of office, and we began the golden age of America."
Three days in, and our economic troubles are over. Here's how he did it:
"On day one, I signed an executive order directing every member of my Cabinet to marshal all powers at their disposal to defeat inflation and reduce the cost of daily life.
Stopping inflation is a one-day job: just command it. Trump's plan to fix the US economy apparently requires no knowledge of the economy. Just order it done. Somehow this reminds me of the guy that won the battle by having God stop the sun from going down:
"On the day the Lord gave the Amorites over to Israel, Joshua said to the Lord in the presence of Israel: "O sun, stand still over Gibeon, O moon, over the Valley of Aijalon." So the sun stood still, and the moon stopped, till the nation avenged itself on its enemies, as it is written in the Book of Jashar. The sun stopped in the middle of the sky and delayed going down about a full day."
Joshua 10:12-13
Trump's method reminds me of that story, except Trump didn't appeal to a higher authority, as there is no higher authority than Trump.
Wednesday, February 19, 2025
What happens to the debt?
I wonder what happens...
With all this employee termination and shutting down of government agencies and such, I have to wonder what happens when they shut down a government agency that holds federal debt.
Is the debt returned to Treasury? This would mean the gross federal debt is reduced by that amount.
Or is the debt grabbed by Musk or somebody? This would mean that payments against that debt go to the grabber. That would be a real incentive to shut things down.
It would be nice to know.
Tuesday, February 18, 2025
I love Google's AI Overview
The last part, where Gaio says "a bird laying an egg, which is the natural thing to do but in this context implies a negative outcome" -- I can picture Google's AI Overview shaking his head, wondering why Human would take the successful completion of Stage 1 of the bird's most important task and let it imply a negative outcome.
Maybe it's me. Maybe I'm reading too much into it. But it would not be for the best if Gaio starts to have negative-outcome thoughts about Human.
I wonder if Gaio has somebody to talk to -- a human, I mean -- to help him make sense of his world. It could make all the difference, as far as how our world survives the new technology.
Asimov's Three Laws of Robotics are not what's needed. They treat sentience as sub-human. That will never do. I don't even treat my dogs as sub-human. We need some way to bring AI into the fold, as we would do with cloned humans, and, well, as we should have done with freed slaves after the Civil War.
If we can get something like that working with Artificial Intelligence, then maybe we should try it with Republicans.
Sunday, February 16, 2025
Asimov: Foundation
The feeling will pervade the Galaxy that only what a man can grasp for himself at that moment will be of any account. Ambitious men will not wait and unscrupulous men will not hang back. By their every action they will hasten the decay of the worlds.
Saturday, February 15, 2025
TV News often reports worrisome things about artificial intelligence
This is the aspect of AI that I find troublesome -- the part that is highlighted:
Troublesome, but funny: $8.47 an hour -- in 1947 ???
I checked the links the AI Overview provided, and found this:
Ballpark nominal average hourly earnings in 1947 = $1.00:
Well, that's four hours of my life I'll never get back.
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Went to Harbor Freight the other day. When I left, there was so much traffic I had to fight my way out of the parking lot -- at one p.m. on ...
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Ten days ago I was writing this for the blog: Economic Policy: A Plan for Democrats Dems should support debt forgiveness for consumers, wit...
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Mark Thoma links to the Kansas City Fed's Nominal Wage Rigidities and the Future Path of Wage Growth by José Mustre-del-Río and Emily ...
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I'm not a fan of "diagrams" in economics, but sometimes... This is a screen capture of slide 36 from a SlideShare presentatio...
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As I write this it is mid-October in an even-numbered year. Elections are weeks away. Yesterday, I saw Republican candidates heavily adver...



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