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Planet Money: NPR


Hutchison’s artworks include canvases involving BOTH an investment banker and an Occupy protestor, an exhibition orchestrated by members of the Sapporo Police Department, a video starring employees of a peanut factory without peanuts and a series of consumer goods that explore the (possible) “well-meaning dictatorship” of design

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Dan Suzuki of Richard Bernstein Advisors in a client note recalls that President Ronald Reagan also deployed tariffs in the 1980s and the bull market raged on: “People remember the 1980s for Madonna, hair bands and Star Wars, but one thing that doesn’t seem to be as clearly remembered about the Reagan administration are the protectionist policies. … [T]he US imposed tariffs and quotas on everything from cars to clothespins, yet the market averaged double-digit returns during that administration.”

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Using what appears to be more than half of the company’s available cash to purchase Trump Turnberry makes no obvious sense for any business person, but especially for Donald Trump. It is a bizarre, confounding move that raises questions about the central nature of his business during the years in which he prepared for and then executed his Presidential campaign.

As scripted, the promos decry "fake stories" from national news outlets -- echoing President Trump's inflammatory rhetoric about "fake news."

The travel by corporate-style jet comes at a time when other members of the Trump administration are under fire for travel expenditures, and breaks with the practices of Obama-era secretaries Sylvia Mathews Burwell and Kathleen Sebelius, who flew commercially while in the continental United States.

Ben White is POLITICO Pro's chief economic correspondent and author of the “ Morning Money ” column covering the nexus of finance and public policy.

"This is the first time in our nation's history that floor coverings have been used to protect the grass on the Mall," Spicer said, claiming that this "had the effect of highlighting areas people were not standing whereas in years past the grass eliminated this visual."

An earlier version of this article, using information from Stanford, misstated gaps in Menlo Park, Calif. and Tredyffrin-Easttown, Pa. Charter schools in those areas are located outside of the district or online, not in those communities.

In 2014 an extensive study done by the Urban Institute examined the impact of different kinds of aid. It concluded that affordable cars are critical to helping people to survive and thrive without public aid. In fact 82% if families who received loans for cars were able to get off welfare and other types of aid - and save taxpayers over $18 million a year!

But even with lean earnings from just a few months, here’s how you can set aside a portion of your pay and change your financial fortune.

I wonder if the Trump era will fall into this pattern. Obviously there is no major war going on, but at a psychological level it feels a bit like a civil war. Perhaps the Trump era will be followed by the same sort of “reign of terror” as followed earlier traumatic events. Eventually Trump will fall, and the establishment (led by the Democrats) will at some point seek to punish Trump and the administration officials that implemented his policies.


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Next time, I ll spend the money on drugs instead.


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