(Today weâre leaving for London. Regular columns will resume on 11/1. In the meantime, if turbulence occurs, keep your tray tables in their upright and locked position and your hands inside the blog.)
John Dick, CEO of Civic Science, has a weekly newsletter that is worth your time. This week he asks:
âWhat if weâre just talking ourselves into all of this? Admittedly, I partied too much in college to get good enough grades to go to a respectable grad school to become an economist. Iâm out of my league here.â
Dick wonders why economists are so sure that we canât escape inflation unless we head into a deep recession. He also wonders (as does Wrongo) if currently, thereâs a doomsday loop at work. Itâs true that there are times when regardless of the news, the stock market goes down. More from Dick:
âOh no! The job market is too good. Wages are growing too fast! Employees have too much leverage in the workplace! The dollarâs too strong! Peopleâs homes are worth too much! Weâre all screwed!!!â
The news media dutifully reinforces the doomsday loop. And who proffers answers? Very few. So, around we go, blaming the politicians in one Party for something they cannot solve, and neither can the other Party. And thus, the prophecy fulfills itself. On to cartoons.
This passes for an answer from the elephant:
How to solve a problem like Hershel:
When you werenât worried about democracy:
The GOPâs scariest story:
There are waay too many political ads:
Turkeys are where you find them:
