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June 24, 2017

Economy

Orange Privileges, Immunities & Atrocities

Poised as we are just before a hallowed holiday weekend, and in further honor of the 40th Anniversary of Star Wars as well as our nation’s foremost motor-car race, reporting on the Trump-fueled daily disasters is just “coming in too fast.” The clown-car demolition derby leading up to his first ill-fated big-boy trip, the emblematic

What Schumer and the Dems Need To Do Regarding Comey’s Replacement

It’s nice that Chuck Schumer is drawing his own red line by demanding that any new FBI director not be a “partisan politician” from “either party,” and that voting on James Comey’s replacement might be contingent upon the appointment of a special prosecutor to investigate Donald Trump and his administration. Unfortunately for Schumer, Democrats only

The American People and Healthcare

The GOP plan to repeal and replace Obamacare is dead, for now. Polls, interviews, protests, petitions, and town hall meetings all indicate that many Americans have learned the following lessons: A huge tax cut for those at the top, and paid for by placing higher costs on those in the middle and at the bottom,

What to Expect from a Trump Economy

American voters said they wanted change. Change is what they will get, but not the kind of change they thought they were voting for.   Did they vote for a recession? That’s what they will get. Did they vote for lower wages? Look for real wages to go down, not up. Did they vote for

The Brexit Breakdown and What It Means for the UK and the US

I’ll be honest, prior to last Wednesday if someone had mentioned Brexit to me, I’d have thought they were talking about a new sandwich from Subway. I probably would’ve asked, What the fuck’s a Brexit? That’s the problem with living across the pond, as they call it. It isolates you from the rest of the

Who Has It Wrong On Trade Policy?

Those on the left who believe that all international trade agreements are inherently bad for American business, have joined with those on the right.  This hostility, created by  Senator Sanders and other opponents of international trade agreements, has been unfairly designed to harm President Obama “while also impeding the chances of Secretary Hillary Clinton becoming

Debunking Politically-Charged Misconceptions of Economic Policy

Blue Route contributor Jerry Wyant has published a new book, Common Misconceptions of Economic Policy: Debunking Politically-charged and Emotionally-charged Assertions. This book is based on essays published in The Blue Route Blog, and is organized into sections according to topic. What follows is the book’s table of context and the text of the introduction section.

The Historical Record of U.S. Recessions

The following chart lists all recessions in United States history. For each recession, the best information available is used to determine the beginning and ending dates as well as the severity of the recession.     Follow Jerry at: Jerry Wyant’s blog Twitter Economics Online Tutor Facebook Making Education Work Facebook Jerry’s books available at

What Everybody Should Know About…International Trade

Including: Trade theory Trade barriers Theory vs. the real world Trade agreements (NAFTA and TPP) The Theory of Trade According to Econ 101 The “real world” aspects of international trade are different from the theoretical aspects. Still, the talking points are often based on theoretical aspects. It starts with theory. Here, in layman’s terms as

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