Daily Bread for 1.2.19 | FREE WHITEWATER

Daily Bread for 1.2.19

Good morning.

Wednesday in Whitewater will see cloudy skies and a high of twenty-nine.  Sunrise is 7:25 AM and sunset 4:32 PM, for 9h 07m 26s of daytime.  The moon is a waning crescent with 11% of its visible disk illuminated.

Today is the seven hundred eighty-fourth day.

On this day in 1918, Wisconsin troops depart for Europe:

the Wisconsin 127th and 128th Infantries departed for France from their training facility at Camp Arthur in Waco, Texas. Initially, these divisions were assigned to construct depots and facilities for troops that would follow. On May 18, they were assigned to the frontline at Belmont in the Alsace where they faced three German divisions. In the following months, 368 troops were killed, wounded or missing. Ironically, their enemy, native Alsatians, spoke German and the Wisconsin troops were better able to communicate with them than their French allies.

Recommended for reading in full:

  Patrick Marley reports Scott Walker to join speaker’s bureau, emphasize tax cuts and help re-elect Donald Trump:

Departing Gov. Scott Walker told supporters Tuesday he would be giving speeches, emphasizing tax cuts and working to re-elect President Donald Trump after Walker leaves office next week.

(Putting that charisma and dynamic speaking style to good use already…)

 Brad Reed reports Trump-loving economist [Stephen Moore] caught red-handed ‘making up numbers’ by CNN guest [Catherine Rampell]:

“Both of the rate hikes were unnecessary and were a cause for deflation in the economy,” he [Moore] said.

“Wait, wait, wait!” interjected Rampell. “There is no deflation!”

“Yeah there is,” Moore replied.

“No there is not,” she shot back. “Look at the Consumer Price Index!”

Moore tried to counter by noting that some prices on the Commodities Price Index had dropped — but Rampell hit back by saying that much of that was due to President Donald Trump’s trade wars.

“Soy bean prices are falling because of the trade war,” she said.

Rampell then nailed Moore for his false warnings during the Obama presidency that it was unwise for the Fed to keep interest rates low because it would lead to hyperinflation — despite the fact that the economy at the time was deeply depressed and much more in need of easy money.

Catherine Rampell writes elsewhere A recession is coming. Trump will make it so much worse:

Statistically speaking, given how long the economy has been growing, a recession is overdue — and the eventual collapse may bear Trump’s fingerprints. After all, his new trade barriers have lifted manufacturing costs, closed off markets and clouded the future for American firms with global supply chains. Economists say Trump’s trade war is the biggest threat to the U.S. economy in 2019. In loonier moments, the president has also threatened to default on our debt, ramp up the money-printing press, reinstate the gold standard or deport all 11 million undocumented immigrants. Some of those policies would ignite not just a recession but an immediate, global financial crisis.

How This Dummy-Car Tests Collision Detection Systems In Your Car:

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