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The Economic Expansion That Began In 2001, While It Has Been Great For Corporate Profits, Has Yet To Produce Any Significant Gains For Ordinary Working Americans. And Now It Looks As If It Never Will.

I'm Not Sure That The Current Value Of The Nasdaq Is Justified, But I'm Not Sure That It Isn't.

What The Depression Teaches Us Is That When The Economy Is So Depressed That Even A Zero Interest Rate Isn't Low Enough, You Have To Put Conventional Notions Of Prudence And Sound Policy Aside.

I Know That When I Look At Today’s Mexicans And Central Americans, They Seem To Me Fundamentally The Same As My Grandparents Seeking A Better Life In America. On The Other Side, However, Open Immigration Can’t Coexist With A Strong Social Safety Net; If You’re Going To Assure Health Care And A Decent Income To Everyone, You Can’t Make That Offer Global. So Democrats Have Mixed Feelings About Immigration; In Fact, It’s An Agonizing Issue.

Economists Don't Usually Make Good Speculators, Because They Think Too Much.