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

Auto and Light Truck Emission Rules are Still Problematic

“New Auto Emissions Rules Have a Loophole You Can Drive a Light-Duty Truck Through” (treehugger.com), Lloyd Alter, December 2021 ~~~~~~~~ President Biden and the U.S. Environmental Protection Agency (EPA) have revised the existing greenhouse gas emissions standards for passenger cars and light-duty trucks. Rolling back in four years the rollbacks the Trump administration implemented to change […]

Fourth Quarter GDP (2021) – Strongest Year in Decades

WSJ reports Stocks rose broadly Thursday morning after the GDP report, but they retreated later in the day, with the Nasdaq falling 1.4%, the S&P 500 dropping 0.54%, and the Dow Jones Industrial Average off 0.02%. Thursday’s report contained warning signs. Most of the growth owed to companies’ restocking rather than people and firms buying […]