“Stagflation is not a four-letter word.” – The Lonely Realist “Stagflation” is not necessarily a bad thing. It can be benign. It denotes a combination of slower-than looked-for GDP growth coupled with a higher-than-desired level of inflation. Given that most alternatives to stagflation are worse –...
“Or how I learned to stop worrying and love 'state capture.'” – The Lonely Realist President Trump first posted his “King Donald” image in February, the caption reading “LONG LIVE THE KING!” The image was more than a suggestion. It was a promise. In the past...
“It’s paradigm-shifting ‘Trump Change.’” – The Lonely Realist Matt Levine wrote several months ago that “the current economic policy of the United States is apparently to cause maximum chaos by announcing drastic changes in the global economic order in the morning and then walking them back...
“What might the ‘Jeffrey Epstein files’ reveal?” – The Lonely Realist Is MAGA skepticism about Jeffrey Epstein – his files and his suicide – justified? Or is President Trump correct in saying that “only pretty bad people, including fake news, wanna keep [the Jeffrey Epstein uproar]...
“The Democrats were once the Big Tent Party. No longer.” – The Lonely Realist The 20th Century’s Democratic Party was the Big Tent Party. Its policies attracted labor unions, blue collar workers, African Americans, young Americans, Catholics, Jews, liberals and often a majority of moderates. Its...
“How to measure Trump Administration success?” – The Lonely Realist The Lonely Realist recently received emails from two readers heaping praise on President Trump: “America now has secure borders; America has instituted mass deportations of criminal illegals; The stock market is at an all time high; Inflation is low; Energy prices...