If Gas Prices Jump at the Pump, Thank Trump (and Other Politicians)

“Remember $2 gas?” former House Speaker Newt Gingrich asked in 2012 as he sought the Republican Party’s presidential nomination. Politicians love to remind us of low gas prices in the past and promise their return in the future. But in early April, Reuters reports, US president Donald Trump threatened to severely curtail the US government’s military relationship with Saudi Arabia unless the Organization of the Petroleum Exporting Countries (OPEC) reduced oil output to drive prices back UP.

Paul Krugman, COVID-19, and Broken Windows

The jury is still out on which of two things — COVID-19 or the panic over COVID-19 — will cost more lives and do more damage to the global economy. My money’s still on the latter. In the meantime, I’ve developed a surefire, Groundhog Day type test for whether the emergency is over: Watch for Nobel laureate economist and New York Times columnist Paul Krugman to start trying to convince us it was, all in all, actually a GOOD thing.

Six More Presidents

I’ll say again, the Presidents of the United States are a motley crew.  So far the scorecard reads 45 attempts, 45 clunkers.  I am not saying there were no honorable persons in the group (“honorable” itself is a very iffy word).  But I have practically no regard for the intellects of any of today’s half-dozen.  With the exception of the monstrous Jackson, the other 5 are bound for the oubliette of history.  But, to me, there is no such thing as a great President.  To have been a POTUS places a black mark on that career.  Few (ie none) have risen above.