Since 1687, one of Issac Newton’s “Laws of Motion” has been, loosely speaking — there is an equal but opposite reaction. Maybe, that was also the birth of binary thinking. Longtime readers will recall that my blog posts in late 2015 and 2016 about Donald Trump were not popular with the MAGA crowd. I wrote then and still believe that he is a egocentric egotist,…
It is often joked that economics is like two blind guys trying to describe an elephant. Blind Democrats and Blind Republicans often “see” things differently. The Blind Democrats can see that: (1) GDP growth is better than expected, (2) inflation is falling faster than expected, (3) unemployment remains remarkably low, (4) the stock market, especially tech stocks, is booming. The economy is doing fine! Of…
Just suppose you had a good credit score of 760, but you want to improve it to 800, an excellent score which few people achieve. So, you hire a financial planner, who tells you where to live, who to have dinner with, who your kids should play with, where your spouse should shop, what church you should attend, etc. Expecting to see your credit rise,…