Dean Baker thinks that though "The Economy Looks Grim for Workers," it "Might Not Bring Recession." Why not? Because very few sectors of the economy (housing construction, auto sales) are big enough to take the economy down by themselves anymore, and I bet banksters tell us this is why we should let them run everything! After all, that time the banksters took down the economy by themselves was so long ago! I still suspect the economy might take a dive merely because it's been in recovery so long (even if, as Mr. Baker suggests, we might better put "recovery" in quotation marks), but Mr. Baker's thesis is certainly more convincing than reading the tea leaves of inverted yield curves on T-bonds.
Nate Silver says Joe Biden doesn't have an enthusiasm problem so much as an "Iowa problem," and though I think we really ought to describe the difference between enthusiasm for beating a hated incumbent from enthusiasm for electing a new one, I do recall John McCain also having a similar problem in 2008 (he finished fourth in the Iowa caucuses that January), and then over the next few months Mike Huckabee and Mitt Romney basically split the not-McCain vote so that Mr. McCain won the nomination; I suppose you could see Bernie Sanders and Elizabeth Warren playing the Huckabee/Romney parts in a similar drama. But all that's not a good sign for Joe Biden, either -- John McCain lost the 2008 general, after all, and you probably remember that back in 2000 John McCain was the upstart who made people excited to vote for him, and when has Joe Biden ever been that?
181 CEOs sign a Business Roundtable resolution proclaiming that they can't just worry about delivering more money to shareholders anymore, and that they also have to worry about workers and our climate, among other things, but Tom Conway at OurFuture reminds us that they're just pulling a stunt and that we will need to "force" them to really clean up their act. I've long said that forcing CEOs to pay a 91% tax on income over a million bucks and forcing their corporations to pay a 55% tax rate will bring them back into the fold of civilized people, but the other reforms Mr. Conway cites in paragraphs 25 and 27 will also help. (Note well, also, that these corporations declaring that they have to do more for our communities don't pay a whole lot of taxes to begin with.)
Jesus Mary and Joseph Jon Ossoff is thinking of running for Senate. Mr. Ossoff rode that boatload of funding for the 2017 Georgia 6th House special election all the way to 48%, just as I figured he would -- he was, after all, another center-right Democrat who said an awful lot about right-sizing regulations and bringing high-tech jobs to the region and very little about his major accomplishment in life (his production of an al-Jazeera report exposing ISIS sex slavery). And a Black Lives Matter activist wound up winning Georgia's 6th in 2018, proving, again, that "raising a lot of money" is nowhere near as important as "inspire people to vote for you."
British Prime Minister Boris Johnson gets the Queen to close Parliament for most of the two months before the U.K. has to exit the European Union at the end of October, precisely so they can't stop the no-deal Brexit Mr. Johnson seems to desire. They call it "coup-like," but I see this as abject desperation on Mr. Johnson's part, and people do understand that British elections aren't like American Presidential elections, right? Mr. Johnson's position depends on a) his party's electoral fortunes or b) his ability to form a coalition government if the Tories don't get more than half the seats in the House of Commons, so people "liking" Boris Johnson means rather little if they don't also like his party, the same party that can't seem to hammer out a deal to gracefully exit the EU. And if expected food/fuel/medicine shortages materialize, then how does he win after everyone saw him go out of his way to bring them about? He won't be running against Joe Biden, after all.
Finally, Mississippi voters went to the polls earlier this week to vote in primaries for various statewide offices, and voters in upwards of nine counties reported that they tried to vote for one Republican gubernatorial candidate but got their vote switched to another, who just so happens to be the state's sitting Lieutenant Governor. And that's why we need paper ballots -- ballot counters would have to alter them or "lose" them to steal an election, and most of them would pause before doing that, but nobody feels guilty when a "faulty" machine does it for them.