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

Political Appointees will Review Scientific Grants

A first level of review is carried out by a scientific review group (SRG). It is composed (primarily) of non-federal scientists who have expertise in relevant scientific disciplines and current research areas. Their role is to assess the overall impact a proposed project (or resource, or training, or center, etc.) will likely have on the […]

Trump’s Tariffs exceeded his power under IEEPA

Briefly: Two similar versions of the same tariffs case. What we are waiting on is whether SCOTUS will hear this case as the U.S. Court of Appeals for the Federal Circuit upheld the Court of Interntional Appeals ruling by a vote of 7-4. “Group of small businesses calls on Supreme Court to decide tariffs case,” SCOTUSblog. With […]

The Democratic strategy on the budget is coming into focus.  I have doubts.

There are more stories suggesting that the Democrats are preparing to hang tough in budget negotiations.  But it’s not clear if their tough talk is just marketing aimed at appeasing base voters, or if it reflects a newfound commitment to budgetary hardball.  Nor is it clear that Democrats have a negotiating strategy that will be […]

Scenes from the no good, rotten, terrible, and abysmal August jobs report

 – by New Deal democrat Let’s take a more in-depth look at the leading indicators for the economy in Friday’s abysmal employment report. As shown in the graph below, employment in goods has historically turned down first; indeed, in some recessions employment in services doesn’t turn negative YoY at all: Which is a shorthand way of […]

Rolling up the welcome mat

About 475 workers, mostly South Korean nationals, were arrested at a Hyundai Motor car battery facility under construction in Georgia. The workers were shackled at the wrists, waist and ankles. The return of ca. 300 to South Korea has been negotiated. At a time when Trump is demanded the foreign companies invest more in the […]

EPA is Turning a Blind Eye to Some of the Most Toxic Chemicals it Produces

“Advanced recycling” is a toxic scam — now the EPA is turning a blind eye to some of the most toxic chemicals it produces – Environment Defense Fund, EDF Health What’s new: Last month, the Environmental Protection Agency (EPA) withdrew a proposed rule covering 18 new chemicals, which would have paused industry efforts to turn toxic […]

“We Should Really Reduce National Productivity!“ (?%#&@#??)

Are these people crazy? Steve Roth Wealth Economics This BlueSky bleet really raised my eyebrows. Check out the whole thread. I think my gentle readers will guess that I share these sentiments. But the thing that raised my eyebrows was the explicit suggestion that we should lower national productivity. Many economists would see that as economic insanity […]

Federal Judges

The judges are ‘sounding the alarm’ over Supreme Court’s overuse of the shadow docket. Somebody *had* to say it. – Kathryn Rubino “In A Bold Move, Federal Judges Are Calling Out The Supreme Court’s Bullsh*t,” Above the Law There’s a pretty clear hierarchy in the federal judiciary, with the nine justices on the Supreme Court […]

“Book” Ted Nugent

You’d think a guy who led four casinos into bankruptcy would understand the business of entertainment, right? “Ticket sales at the Kennedy Center have continued to plummet following Donald Trump’s takeover of Washington DC’s premier performing arts venue, with the prestigious Stuttgart Ballet expected to dance next month to houses less than 20% full.” There’s […]

Fifth Largest Government Spender

Hmmm. I read this and wonder what should veterans do if the Government is spending more money? Since the sixties, many of us were exposed to chemical warfare in Vietnam. drank the polluted water at Camp Lejeune, were wounded in action or lost limbs, suffered mentally, and had a difficult time adjusting to society. The […]