From an interview on NPR’s Here and Now comes: “The official actuaries of the Social Security system say in order to get our Social Security and retirement funds in balance, they’d have to cut benefits by 25 percent indefinitely into the future,” he says. “Do I think it’s going to happen? Well I don’t know, […]
As predicted, a deeply unpopular Trump stomped on the GOP message; early races I’ll be watching Tuesday night As I wrote a few weeks ago, whatever message Congressional GOPers might have wanted to put out (like, “our tax cuts helped spur the best economy in years!”) got stomped on by Donald Trump. As it turns […]
by Steve Roth (originally published at Evonomics) Economists Agree: Democratic Presidents are Better at Making Us Rich. Eight Reasons Why. In 2013, economists Alan Blinder and Mark Watson — no wild-eyed liberals, they — asked a very important question: Why has the U.S. economy performed better under Democratic than Republican presidents, “almost regardless of how one […]
PENSACOLA, FLORIDA (The Borowitz Report)—Backtracking from his earlier suggestion that the military should fire upon migrants if they throw rocks, Donald J. Trump said on Saturday that he was ordering the military to respond to rocks with either paper or scissors. Speaking at a rally in Pensacola, Florida, Trump said that the decision about whether […]
Trump Says Dems Support Venezuelan “High Taxes And Open Borders” The average tax rate in Venezuela is 25%. The average tax rate in the US is 26%. Sorry, Trump, this is yet another lie by Trump, but what else is new on this? I do not know the details of Venezuelan of immigration policies, but […]
Three weeks ago, in response to the IPCC report warning that CO2 emissions had to be reduced to 45% of their 2010 levels by 2030 to avoid the possibility of global temperature rising above 1.5°C, I posted “The IPCC 1.5° C Report and the Ten-Hour Week,” (also posted at Angry Bear) which offered the sketch of […]
Recently, I claimed that fivethirtyeight.com is too cautious when correcting polls for house effects. Multiplying their correction by 4/3 gives lower volatility of generic congressional ballot polls (and for the past 100 days multiplying by 3/2 works even better). I think the are conservative, because adjusting or correcting polls is bound to be controversal and […]
Ian Millhouser correctly denounces not only Trump’s assault on the 14th amendment but also reporters who print absolutely false assertions. The issue is Trump’s clearly false claim that he can eliminate birthright citizenship by executive order. In fact “All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens […]
A little over a year ago, Robert Watson, former chair of the IPCC, and two co-authors published a report titled “The Economic Case for Climate Action in the United States.” Based on trends over the past few decades, the authors estimated the current total annual cost in the U.S. of losses from weather events intensified […]