Plato's Cave: Economic and Media Analysis in a Dark Time

Bill bans economists who use the phrase, "Maybe this time it will be different." Both Bill and Linda shake their heads at Trump voters who remain loyal. Linda indulges in schadenfreude at Ellison's stock market losses. Both of us wonder if Melania Trump should be Secretary of State.

Bill is sorry he predicted correctly that Trump's policies would lead to stagflation. Linda moves from considering policy woes to the undermining of the U.S. moral foundations. Both wish and hope for some promising news.

Join Bill and Linda as they find glimmers of hope in the news. Bessent buys back bonds; the economy worsens for all but the rich; the interesting story behind the story of the intolerable conditions aboard the USS Abraham Lincoln, and how the anti-woke viciousness drove a young professor to his death.

Join us as we focus on the worrisome employment figures, the paralyzing effect of Trump's Loyal Liars fibbing to one another like a Cluster of Pinocchios; Can the Dems sing kum ba ya in the hot tub, or will they behave like Velociraptors and eat their own?

We're back! This edition explores the cultural myths and misleading rhetoric that obfuscate both current economic realities and the OpenAI cybersecurity breach. Bill reports the bad economic news and why the Bond Market called "bullshit" on the Fed's non-explanation of the most recent decision on interest rates. Linda warns against the journalists who frame the OpenAI breach and shy (ironically) prompts ChatGPT to render OpenAI's jargon-riddled explanation into plain English