Posted on February 21, 2019
When Internal Revenue Service (IRS) workers returned to their jobs Jan. 28 after the recent, 35-day government shutdown, an estimated five million pieces of unopened mail awaited.
Equally daunting, the shutdown coincided with the IRS’s hiring of its annual army of temporary workers to process the impending tax season’s mail. The delay now leaves the […]
Posted on February 15, 2019
There was no “shutdown”—not in the U.S. government sense, anyway—on the southern Illinois dairy farm of my youth.
Come to think of it, there was never a showdown, hoedown, lockdown, or shakedown either. There were, however, machinery breakdowns, endless sundowns and, every now and then, a letdown.
But shutdowns? Not one, not even a “partial” one.
In fact, if anyone […]
Posted on January 17, 2019
Man, that ended badly.
December limped to an ugly conclusion as nearly everyone from Wall Street to Main Street took a year-end pounding not seen in three generations. Pick an investment sector (stocks, bonds, commodities); a nation state (the U.S., China, or the European Union); or a political system (a democratic republic, parliamentary, or single-party rule), […]
Posted on January 3, 2019
If the calendar was a baseball game, mid-December would be the bottom of the ninth.
As such, and given 2018’s crazy weather, banner crops, sloppy harvest, muddled export future, and skinny-to-no profit, mid-December finds farmers and ranchers now at bat with two outs and the opposing team’s smoke-throwing relief pitcher on the mound.
Yeah, it’s been a […]
Posted on December 19, 2018
GIPSA, the badly named, hard-working mule inside the U.S. Department of Agriculture (USDA), is on the move again over objections that the Trump Administration’s ongoing USDA reorganization will bury it—and other, less obscure parts of the department like the Economic Research Service—in new layers of bureaucracy so deep that none will ever be seen again.
Posted on December 12, 2018
Years ago, an enterprising neighbor operated a palm reading business from her home with just a secretary, fax machine, and telephone. Her business model was simple: After clients faxed their photocopied handprint and sent some form of payment (rumor had it was $20), our neighbor telephoned them with the results of the “reading.”
While no one […]
Posted on December 5, 2018
November 11 marked 100 years since the end of World War I, which U.S. President Woodrow Wilson called “the war to end all wars.”
Wilson saw himself as a historic peacemaker; instead he became an ironic phrasemaker. The Great War never brought an end to war, or even an end to that war. The then-raging Russian […]
Posted on November 29, 2018
It’s Thanksgiving week, so let’s be generous: The White House trade policy, marked by its heavy use of import tariffs and presidential tweets, continues to confound economists and trading partners alike.
A more accurate, less generous view of President Donald J. Trump’s trade policy would declare it an unhinged mess that has led to a dark, […]
Posted on November 20, 2018
A week before American voters decided whether the mid-term elections would deliver a red wave or a blue wave, OpenSecrets.org, the non-partisan group that tracks money in politics, made a spot-on prediction: the biggest wave on Nov. 6 would be green.
Greenbacks, that is, because this year’s political candidates, OpenSecrets estimated, would spend $5.2 billion on […]
Posted on November 7, 2018
If war is hell, then trade wars must be a purgatorial stop along the way. For proof, just look where Election Day 2018 finds American farmers.
Faced with ample production, stale commodity prices, and the lowest forecasted national farm income since 2002, U.S. farmers are now waiting for a winter of government “tariff mitigation” payments while […]