Distinguished Professor, Emeritus, Penn State University, https://davidpassmore.net; live in Pittsburgh, Pennsylvania; a Niagara Falls native.
- Churchill
battleofhomestead.org
www.youtube.com/@battleofhom...
~ imprecisely translated
"We are not even two weeks from the government shutdown, and the public conversation on the matter has fled the building....[N]o matter what you believe, there’s a simple truth. The shutdown will have zero lasting consequence for next year’s midterms."
bit.ly/3KeZu19
Prices began rising immediately after tariffs announced. Imported goods rose twice as much as domestic. Tariff costs gradually but steadily transmitted to U.S. consumers, with additional spillovers to domestic goods.
www.nber.org/papers/w34496
"Confidence in the accuracy of one's forecasts is perversely associated with lower accuracy."
www.nber.org/papers/w34493
My best regards,
David
Devotion to craft.
TY!
"The ultrawealthy have long lorded their money and might over university presidents, pelting them with ideas and demands, promises and threats.
"Now they have an ally in the White House."
www.nytimes.com/2025/11/24/u...
Battered by an angry sea
When the storms of life are raging
And the fury falls on me
I wonder what I have done
To make this race so hard to run
— Thomas Dorsey (1899-1993)
“I could never lend myself to any transaction, however respectable, that would commercialise the prestige and dignity of the office of the presidency,” said Harry Truman after exiting presidency.
bit.ly/48bpLFR
The buck stopped right there.
Give 'em hell, Harry!
On this day in history, the Treaty of Versailles of 1787 was signed to establish an alliance between France and Vietnam.
Yes, friends, other subsequent treaties were signed in Versailles.
Remember, in the U.S., "Le peuple est l'État, et ce n'est pas une déclaration séditieuse!"
"non-aggressive, mouth-to-mouth contact that did not involve food transfer."
Thank G_D for science.
www.ox.ac.uk/news/2025-11...
bit.ly/48n1iyl
“I don’t think…” said Alice. “Then you shouldn’t talk,” said the Hatter.
"I cannot stop wondering if I’ve sold Marjorie Taylor Greene short."
~ Frank Bruni, New York Times contributing Opinion writer.
www.nytimes.com/2025/11/20/o...
www.nytimes.com/2025/11/20/u...
www.nytimes.com/2025/11/18/m...
Western Canadian production of heavy crude oil will continue rising. New pipeline takeaway capacity will be needed to handle those increasing volumes.
bit.ly/CrudEx
“U.S. policymakers still lack transparency around the scope of these vulnerabilities as well as a broader appreciation of what could happen if Beijing ever chose to weaponize these economic dependencies in a conflict scenario."
50% <--- up 5% in the past week.
Variation of estimates appended.
www.metaculus.com/questions/39...
On this day in history, Actor Danny DeVito was born (1944); the first known case of COVID-19 was traced to a man who visited Wuhan, China (2019).
Think it over, you sheeples!