King Cnut (Canute) famously ordered the incoming tide to stop. It was an exercise in futility (to be fair, Cnut knew this and staged the event to prove that his royal power was worthless compared to the power of God). Donald Trump is the modern King Cnut, pretending to order away climate change. Trump, however, […]
Back to the future past: “Since Trump took office in January 2025, U.S. emissions have increased 1.9% largely because of the renewed use of coal, the dirtiest of the fossil fuels. The Environmental Protection Agency revoked the scientific finding that has been the basis for regulating emissions from cars and power plants since 2009.” Climate […]
Taken from a site named Cheapism. I suspect New Deal democrat will have more to say on the topic. “yesterday’s jobs gain of 131,000 for January and whether it means employment is on the upswing, completely neglecting a one month does not a trend make. “130K new jobs were added in January. So where are […]
“the French public has signaled strong support for a 2% tax on the ultra-wealthy; and a proposed California ballot initiative would enact a one-time 5% tax on billionaires’ net worth.” What I I would suggest for the United States is a reversal of all of Trump’s polices impacting the wealthy. “Average tax cuts are generally […]
– by New Deal democrat Unresolved post-pandemic seasonality likely continues to rear its head. This is a probable explanation for yesterday’s strong monthly gain in employment, and it appears to be behind the trend in this morning’s jobless claims report as well. Later this morning as promised yesterday I will discuss at some length the nature […]
The problem with this goal is they could and more likely than not fight back. When people are left with no alternatives, they will do what they need to do to protect themselves from others. Yeah, I know, I am talking about criminals. But, at some point, civilians will push back. Don’t exercise your First […]
It has been a while since I have seen a rather good presentation analysis on how benefits gain out way the costs of pollution. In its brevity the analysis by Prof. McCabe offers up an excellent cost analysis which makes one wonder why? Why has the nation delayed in doing this if there is such […]
– by New Deal democrat This is the month the birds came home to roost, at least for the year 2025. While the month over month numbers were almost all positive, some strongly so (a repeat of what we saw last January as well, so beware unresolved seasonality), the benchmark revisions were brutal. Which is likely […]
Yesterday the House (barely) rejected an effort to block members from challenging Trump’s “emergency” tariffs. The sordid details are here. The Senate has previously taken some steps in this direction, and with Trump’s approval ratings still declining and the possibility of a mid-term wipe out looming it seems possible that we will see Congress move […]
A lengthy piece with plenty of diagrams to assist in understanding. This brief gauges Medicaid enrollees’ perspectives on their health insurance, based on findings from KFF’s Survey of Consumer Experiences with Health Insurance, fielded February 21 through March 14, 2023. “A Look at Navigating the Health Care System: Medicaid Consumer Perspectives,” KFF – by Amaya […]