timwferguson

Come 2024, the Kitchen Table Issues Reemerge

When wide attention refocuses on the economy, the political importance of GDP, inflation, income stress and grievous inequality will return to the fore. It won’t be any clearer which way all the data are cutting. There’s no question that “Bidenomics” made many people better off, at least until price increases worked through the system. TheContinue reading “Come 2024, the Kitchen Table Issues Reemerge”

NY Breakup Plan: Shades of ‘Peconic’

In states dominated by one party, especially when that dominance emanates from a giant metropolitan area, you get periodic efforts to break up the state so as to allow the dissident regions to have their own way. Often this is about ideology, although it can also reflect urban vs. rural concerns. California sees this. AndContinue reading “NY Breakup Plan: Shades of ‘Peconic’”

‘Moonbeam’ as an American Master

My adult life coincided with Jerry Brown’s political career, so I was interested in the PBS American Masters documentary that aired last night. Some reactions: 1) A politician is an unusual inclusion in Masters, as opposed to the American Experience show. I wonder what explains this.* 2) This documentary, at 90 minutes, has less dragContinue reading “‘Moonbeam’ as an American Master”

16 Lucky Homeowners Coming to East Hampton

The trickle of new “affordable” or workforce housing on the South Fork of Long Island continues–16 units (with a name!) being built in East Hampton, as this article from the local Star explains. This project predates the imposition of a new transfer tax on million-dollar–meaning nearly all–home purchases. That levy will raise maybe $50 millionContinue reading “16 Lucky Homeowners Coming to East Hampton”

The Local Columnist as Media Signal

Back when the newsrooms of daily papers were shy about advancing a political agenda, one good clue about the outlook of ranking editors could be read from their primary local columnist. As those winds blew, so sailed the top news brass. At the New York Times, little such divining has been needed for quite aContinue reading “The Local Columnist as Media Signal”

When Suffolk County Got Its Foothold on Open Space

A big contributor to the preservation of open space on eastern Long Island during the critical early boom years of luxury development—1967 to 1999—was the Suffolk County, N.Y., parks department. It was no coincidence that this happened then: the parks authority had only recently been created. It is a reflection of the era that wasContinue reading “When Suffolk County Got Its Foothold on Open Space”

DeSantis and the Shareholder Torts

Stock investors are familiar with the tort lawyers who seek them out for class-action suits whenever there’s a big disappointment or drop in share prices. Usually the pests go away, sometimes because they are paid by the target companies to do so. Ron DeSantis’s latest tilt at “woke” business practices reminded me of them. AsContinue reading “DeSantis and the Shareholder Torts”

Making a Hash of Legal Cannabis

“Recreational” marijuana sales are legal now in nearly half the U.S. states, but the effort has gotten ahead of itself on the retail front–or at least, ahead of the regulation still imposed on it. The rollout of shops for legitimized selling of weed, which memorably suffered in early-adopting California, is continuing to give New YorkContinue reading “Making a Hash of Legal Cannabis”

All Sports, All the Time?

As the U.S. grows and diversifies, we can expect a wider range of diversions, including sports. Now cricket has caught on, at least in parts of the country, as this New York Times article discusses. (https://www.nytimes.com/2023/07/15/us/texas-cricket.html) Soccer, of course, has become established here after many decades of American absence from the “beautiful game.” And women’sContinue reading “All Sports, All the Time?”

Ken Fisher Got Another Call Right

As the bullish U.S. stock market of 2023–surprising to most of us–continues through mid-July, it’s appropriate to express kudos (so far!) to those who went against the grain and have made investors money. One is a prominent and controversial figure in financial circles, Ken Fisher. I knew Ken from his many years as a columnistContinue reading “Ken Fisher Got Another Call Right”