Relevant and even prescient commentary on news, politics and the economy.

The Robert’s Supreme Court flips Chevron

What Chief Justice Roberts is saying is the justices know more than the scientists and engineers know. This was done in a decision which the agency experts immediately criticized. The issue being potentially undermining decisions by scientists and the very same agency experts. The 6-3 and 6-2 decisions brought by fishing operators in New Jersey and Rhode […]

Extending the Legacy of the 2001, 2003, and 2017 Republican Tax Breaks, Part 2

After Decades of Costly, Regressive, and Ineffective Tax Cuts, a New Course Is Needed, Center on Budget and Policy Priorities Part 2 Steps to Creating a Better Tax System (a given) Instead of doubling down on the flawed trickle-down path of the Bush and Trump tax cuts, there are opportunities to work toward a tax […]

Extending the Legacy of the 2001, 2003, and 2017 Republican Tax Breaks

AB: I am always looking for these types of articles. They offer up explanations on how certain government policies and acts impact the nation’s economy and its citizens. Been a while since I looked at the 2001 and 2003 tax breaks. Steve Roth and I were exchanging emails on the more recent Republican 2017 tax […]

Recent Supreme Court (SCOTUS) Decisions

Recent end-of-session SCOTUS Decisions. In no particular order. Still, some are left to be decided. SCOTUS Decisions by Amy Howe SCOTUS Blog (except where cited from elsewhere) Are there no Union workhouses? The Treadmill and the Poor Law are in full vigor? Compliments to Scrooge . . . Grants Pass v. Johnson was decided in […]

Real income and spending in May a nice rebound, but watch the caution flags in manufacturing sales and goods spending

 – by New Deal democrat Personal income and spending, in addition to the jobs report, has become one of the most important monthly reports I follow, mainly because I am looking for signs that the contractionary effects of Fed tightening are finally taking effect. To cut to the chase, this month’s report was mainly positive, […]

The economics of rare disease therapies

I came of age scientifically at the beginning of the cloning era. As various genes associated with human genetic disorders—sickle cell disease, cystic fibrosis, muscular dystrophy, Huntington’s—were cloned, the papers reporting these successes always ended with some statement that now the door was open to therapy. These prophecies proved to be wildly optimistic. Now, with […]

The debate

The long term effect of the debate may be small, but the race is at best a tie, and I just don’t see how Biden can turn it around.  I’m not saying he should drop out or that his candidacy is doomed.  He still may be the Dems best bet.  Maybe the outcry about his […]