Michelle Goldberg has a sobering piece (gift link) on what she expects from a second Trump presidency. Her biggest fear is that Trump will undertake a large-scale roundup of unauthorized immigrants. Goldberg expects large protests in response to roundups, possibly followed by violent repression of protesters by the military. I agree that this is both […]
I hope not. For once there is a civil service servant(?) who is not afraid to challenge big business in the US. If they wish to fire someone? How about the USPS Postmaster General Louis DeJoy? Why Musk predicts Lina Khan will be “fired soon” by Robert Reich Substack Yesterday, Elon Musk, CEO of SpaceX […]
by David Zetland The one-handed economist Michael Lewis wrote this 2016 book about the “intellectual love story” between Amos Tversky (AT) and Daniel Kahneman (DK), two Israeli psychologists who overturned our ideas about risk, decision making and how we see the world. And by “our” I don’t just mean humans but also (to a degree) economists. AT […]
– by New Deal democrat Well, I warned you . . . . I expected a downdraft from the hurricanes, especially Milton, and also the Boeing strike. And boy did we get one! Let me be clear: if there were no special factors, this report would be recessionary, period. And there were some signs of […]
Unless you are a Republican and then nothing is good economically. This difference between the economic negative vibes and the real economic facts is laughable. Even such doubt was evident in the Summer of 2024 when things were improving. The improvement during and after the summer still did not change much doubt of the administration […]
An abbreviated recital of the full commentary as detailed by the CBO. I was curious as to whether Trump is fibbing to us again. He mostly is. Nobody calls him out and people believe his nonsense. Read on . . . Effects of the Immigration Surge on the Federal Budget and the Economy | Congressional […]
– by New Deal democrat Briefly, NDd is one of the longtime posters at Angry Bear. I have known him for a long time and enjoy reading his commentaries on Labor, Employment, and Income. They are timely reveals and expressing the issues with various parts of the economy. ~~~~~~~ The monthly personal income and spending […]
Agriculture requires photosynthesis to make food. However, the photosynthetic mechanism is slow, inefficient and requires a lot of resources. A recent paper describes an electro-agriculture technology that combines carbon dioxide electrolysis with biological systems to boost the efficiency of food production. If implemented at scale, such a system could reduce agricultural land use in the […]