While neither the stock market nor bond credit rating business are the economy, changes in the stock market and bond credit ratings are often harbingers. “Moody’s announced Friday evening it was lowering the US score to Aa1 from Aaa. A gauge of the greenback fell 0.6%, US stock futures slid and Treasuries’ yield curve steepened […]
In analyzing the Medicaid cuts under consideration by House Republicans for inclusion in budget reconciliation legislation, it is often easier to examine each specific proposal in isolation. But singular reviews does not paint a complete picture It is important to take a step back and look at how these proposals would interact with each other and […]
It is doubtful Trump has ever seen an actual farm, rows of feed corn, or acres of wheat grown in the US. Indeed, he is the self-proclaimed expert of agriculture deals. Yet he has never navigated a field of cow-pies or stood in a field of corn watching it sway in the wind. Agriculture in […]
The link is to a long but cogent piece in Talking Points Memo. Unlike the author, I long ago appreciated the threats posed by the massive cuts to NIH funding. But Josh does the extra work of thinking about how this anti-science juggernaut could be halted. Read the whole thing, but here are the nut […]
It has been a while since I put something up concerning the Supreme Court commonly called SCOTUS and their decisions. This is one case, I guess one could call this a railroading by the Trump administration. Making quick decisions and do not give enough time for the accused to respond to allegations before action is […]
You may think the Energy Star program is about helping industry by making it easier and less expensive to manufacture product. Not particularly so; but, the Energy Star on a product could promote greater sales. Much of the costs of manufacture are low as it is and due to offshoring manufacture of product. When manufacturing […]
Yesterday, tornados touched down in St. Louis. We lived in St. Lous for 40 years before moving to New England, and in those 40 years, the closest I can recall a tornado touchdown was at Lambert-St. Louis airport. Climate change is making for more severe weather, and DOGE has cut staff at NOAA and the […]
As you get further down in the latest Krugman piece, you will read: “Everything is at most an announcement about what tariff rates will be for the next 90 days.” A lot of talk and threats and no reality. We are constantly off balance due to Trump’s (as the Pres) threats. The Trade War Isn’t […]
If this was about people taking advantage of Medicaid, Unemployment, or other government programs, there might be a reason to do what Congress is doing. Instead, elected Republican Senators and Representatives are moving in mass to cut programs so as to maintain Trump’s 2017 TCJA tax breaks which was passed under reconciliation. The tax break […]