1
Mnuchin Says China Trade Talks Are Nearing Final Round
The Treasury secretary said China would have the right to enforce United
States commitments.
Mnucin is owned by Trump.
2
Retailer on Military Bases Says TV News Is Too ‘Divisive.’ Its Suggestion? Tune to Sports.
“When in doubt, you can’t really go wrong with sports,” said a spokesman
for the retailer, which offers shopping on military bases around the world.
The news is bad for unit cohesion.
https://www.youtube.com/watch?v=MCTdfo6T-u8
The right has inveighed against the left for two hundred years.
They have made some progress.
https://en.wiktionary.org/wiki/inveigh#English
3
Julian Assange: Friend and Foe to Left and Right
NYT > Politics - 2 hours ago
Over the years, the WikiLeaks founder has been embraced by everyone from
Lady Gaga to Sean Hannity. But he’s also made enemies along the way. Our
video shows how his anti-secrecy agenda has attracted, and repelled, people
across the political spectrum.
Julian Assange is an anarchist.
He advances his cause.
4
Cory Booker, Citing a Rising Newark, Pitches a Campaign of ‘Justice’
In what was billed as his hometown kickoff rally, Mr. Booker combined his
vision of Newark’s renewal with ideas to address the nation’s economic and
social ills.
Justice is always an opinion of a dominant third party.
Cory Booker will not find justice in the federal courts.
5
House Chairman Says Treasury’s Concerns Over Trump’s Tax Returns ‘Lack Merit’
The tone of a lawmaker’s letter suggested Democrats are prepared to take
their request to court, initiating what could be a protracted legal fight
over Congress’s oversight powers.
Yes.
Contempt of congress should be enough.
6
The Many Reasons to Run for President When You Probably Don’t Stand a Chance
There are book deals and TV contracts and maybe a cabinet position if your
side wins. Recent history suggests there is almost no downside to giving it
a shot.
Candidacy is recognized as a "bully pulpit".
The party convention is intended to clean out the "ribbon clerks".
https://en.oxforddictionaries.com/definition/us/ribbon_clerk
7
The Many Reasons to Run for President When You Probably Don’t Stand a Chance
There are book deals and TV contracts and maybe a cabinet position if your
side wins. Recent history suggests there is almost no downside to giving it
a shot.
Representatives in the electoral colege are power.
8
Schedule for Week of April 14, 2019
The key reports this week are March housing starts and retail sales.
Other key reports include March industrial production and the February
trade deficit.
For manufacturing, the March Industrial Production report and the April NY
and Philly Fed manufacturing surveys will be released this week.
*----- Monday, Apr 15th -----*
8:30 AM: The New York Fed *Empire State manufacturing survey* for April.
The consensus is for a reading of 6.8, up from 3.7.
*----- Tuesday, Apr 16th -----*
[image: Industrial Production]9:15 AM: The Fed will release *Industrial
Production and Capacity Utiliza... more »
The numbers are not happy ones.
9
Medicare Aims to Expand Coverage of Cancer Care. But Is It Enough?
Doctors and patients are pushing the Trump administration to pay for a
powerful but costly cancer treatment known as CAR-T, one of many new
“personalized medicines.”
https://en.wikipedia.org/wiki/Medicare_(United_States)
Medicare is supposed to shrink.
10
with...: Laurie Metcalf, the First Lady of American Theater
From playing Roseanne’s sis to Edward Albee characters and Hillary Clinton
(with gin!) on Broadway.
She is a fine player.
I resist the thought of president Pence.
11
On Politics: The Biggest Stories of the Week
It’s been a busy week in American politics. Here are some of the stories
you might have missed.
"Congress is leaving for a two-week spring recess without fulfilling the
most pressing item on its agenda: aid to victims of floods, fires and
hurricanes. The biggest point of contention? Helping Puerto Rico."
Warm water open swimming.
A featrre and not a bug.
Untreated sewage can be a problem.
12
Trump Assails Ilhan Omar With Video of 9/11 Attacks
President Trump used Twitter on Friday to target Representative Ilhan Omar,
Democrat of Minnesota, for remarks she made during a speech last month on
civil rights and Muslims in America.
The Republicans want to go Crusading.
https://en.wikipedia.org/wiki/Crusades
13
Trump Announces 5G Plan as White House Weighs Banning Huawei
President Trump has been considering an executive order that would ban
Huawei and other Chinese telecom companies from building the next
generation of wireless networks.
The U.S. does not design or manufacture the hardware.
14
Justice Dept. Declines to Defend Law Against Female Circumcision, Citing Flaws
The move came soon after the department broadened its attack on the
Affordable Care Act, prompting concern among critics that the Trump
administration was usurping congressional power.
Republicans oppose any repair of Romney care.
15
Gregory Craig Pleads Not Guilty to Lying to Justice Dept.
Mr. Craig, a White House counsel in the Obama administration, was arraigned
in a case that grew out of the investigation by the special counsel.
anything for a headline.
16
Trump Urged Homeland Security Official to Close Border Despite an Earlier Promise of a Delay
The conversation with Kevin McAleenan was another instance of the president
trying to undo a decision and to stretch the boundaries of his power, even
when told there were legal issues at stake.
Trump must lock someone up.
17
U.S. Metal Tariffs Could Jeopardize Trade Deal, Canadian Official Warns
Bill Morneau, Canada’s finance minister, pressed President Trump’s top
economic advisers this week to lift the tariffs on steel and aluminum.
Trump does not understand trade.
18
Trump Says He Is Considering Releasing Migrants in ‘Sanctuary Cities’
One high-profile sanctuary city, which limits how local law enforcement
agencies cooperate with federal immigration officers, is San Francisco. It
happens to be the home of Speaker Nancy Pelosi.
Trump is looking for pain.
19
Fewer States Will Have Caucuses in 2020. Will It Matter?
The establishment gets a bit of a break, but not as much as might be
expected.
20
The Longest Expansions in U.S. History
According to NBER, the four longest expansions in U.S. history are:
1) From a trough in March 1991 to a peak in March 2001 (120 months).
2) From a trough in June 2009 to today, April 2019 (*118 months and
counting*).
3) From a trough in February 1961 to a peak in December 1969 (106 months).
4) From a trough in November 1982 to a peak in July 1990 (92 months).
So the current U.S. expansion is currently the second longest on record,
and it seems extremely likely that the current expansion will surpass the
'90s expansion in a few months.
As I noted in late 2017 in Is a Recession Immin... more »
Happy talk.
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