Shaky Danny

  One of the first instructions you get in school is to read to yourself. This makes sense in a classroom. But it is a mistake. If you want to remember your lines in a script always read your portion aloud. If you want to remember your lines, never read them to yourself, always read them aloud. If you are having difficulty with a text, read it aloud. If you are working a difficult problem, read it aloud. I don’t know why it is, but we process differently when we voice the words. You will be more successful reading aloud.

  Inflation wins. We have already had severe capital inflation. Eventually, when rich people spend money, it impacts wage earners. Trickle down becomes a torrent of prices. The pressure for wage inflation was held in check by undocumented immigrant labor, destruction of unions, imports and, until recently, interest rates. Then DJT and Steven Miller terrorized the undocumented immigrants. Terror works, particularly institutional terror. Mexicans love their kids and they quit coming. Fruit rots on the ground. Stores are closed on Monday. We still get immigrants, but they are refugees, and they have status. Undocumented immigrants set the marginal wage rate low. A documented immigrant is less likely to endanger their status by driving the truck or recycling shipping containers. Without our slaves we have to be more rational and that is expensive. There have been multiple economic shocks and we are no longer as cushioned. There is also demographic. A lot of us are retired and index...