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

Volkswagen

Interesting letter from the California EPA (CARB) to Volkswagen covering the Nitrogen Oxide being emitted by its vehicles during normal driving conditions on the road. What is “really” interesting about this is VW put into play software which detects when the vehicle is being tested causing the vehicle to pass testing. Hat Tip to Bear […]

CRS: Social Security: What Would Happen If the Trust Funds Ran Out?

Very interesting paper that I missed in real time. Social Security: What Would Happen If the Trust Funds Ran Out? Almost everyone who addresses this question assumes that the answer is pretty simple: if either of the Social Security Trust Funds goes to zero than benefits will automatically drop from ‘Scheduled’ to ‘Payable’ which translates […]

Taking a page from John Roberts, Jeb Bush solves the problem of workers working part-time who want to work full-time: The way to create full-time jobs for part-time workers who want, but can’t find, full-time jobs is for part-time workers who want, but can’t find, full-time jobs to start working full-time. [With awesome update!]

My aspiration for the country and I believe we can achieve it, is 4 percent growth as far as the eye can see. Which means we have to be a lot more productive, workforce participation has to rise from its all-time modern lows. It means that people need to work longer hours. — Jeb Bush, in an […]

April Fools! Belated Social Security Joke.

Compilation of the Social Security Laws: Title 2 FEDERAL OLD-AGE AND SURVIVORS INSURANCE TRUST FUND AND FEDERAL DISABILITY INSURANCE TRUST FUND[3] Sec. 201. [42 U.S.C. 401] (c) With respect to the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund (hereinafter in this title called the “Trust Funds”) there is […]

Anthony Kennedy Adds the Fifth Vote in the Citizens United Against Gerrymandering Opinion

Tomorrow, in addition to the predictable ruling in the EPA/mercury-emissions case, and in addition to a declaration of a constitutional right to same-sex marriage—another 5-4 ruling, in Obergefell v. Hodges—the Court will issue an opinion in Arizona State Legislature v. Arizona Independent Redistricting Commission, a case that could directly implicate continued Republican control of the House of Representatives.  […]

In its ACA opinion today, the Court significantly narrowed its “Chevron-deference” doctrine. I’m glad. Even despite the immediate repercussions for EPA authority.

[T]oday’s victory may have been even more decisive than it looks at first glance. It isn’t just that the Court ruled six-to-three in favor of the government’s position, with John Roberts and Anthony Kennedy joining the Court’s liberals in support of a single, non-splintered decision, though that’s important. It’s also that Roberts’ opinion may have precluded […]

Freedom. [Addendum added.]

Liberty.  States’ rights.  Freedom. Just ask Justice Kennedy about how the removal of federal constitutional checks on state and local courts, prosecutors and prisons has ensured our freedom.  Well, his, anyway. He’ll tell you.  It’s our constitutional design (his word), see. I keep wondering why international human rights organizations don’t aggressively spread information about this country’s states’-rights agenda […]

Why Progressives Should Reject Social Security Cap Increases

The basic reason is simple: it undercuts the broader progressive agenda. Also it buys into a particular Right economic meme. Both are huge mistakes. To understand this we need to step back and examine overall tax policy and tax progressivity. What should progressives want? Well I suggest that as a first step we restore top […]