What Chief Justice Roberts is saying is the justices know more than the scientists and engineers know. This was done in a decision which the agency experts immediately criticized. The issue being potentially undermining decisions by scientists and the very same agency experts. The 6-3 and 6-2 decisions brought by fishing operators in New Jersey and Rhode Island challenged a National Oceanic and Atmospheric Administration rule. The court’s ruling...

After Decades of Costly, Regressive, and Ineffective Tax Cuts, a New Course Is Needed, Center on Budget and Policy Priorities Part 2 Steps to Creating a Better Tax System (a given) Instead of doubling down on the flawed trickle-down path of the Bush and Trump tax cuts, there are opportunities to work toward a tax code that raises more needed revenues, is more progressive and equitable, and supports investments that make the economy work for...

Tony Wilson a long time viewer of the livestream and an engineer joins the show this week. Steve will also be giving as a test drive on the Ravel software, in what is our final show before our summer break.

AB: I am always looking for these types of articles. They offer up explanations on how certain government policies and acts impact the nation’s economy and its citizens. Been a while since I looked at the 2001 and 2003 tax breaks. Steve Roth and I were exchanging emails on the more recent Republican 2017 tax break. There is so much wrong with these tax breaks. The latest one passed using Reconciliation. The 2017 tax break for the 1-percenters has...

As usual and as expected (for me anyway), I pulled up Abdul – Jabbar to get his perspective on the first presidential debate between cough-cough x-president trump . . . a proven liar and President Joe Biden. I read the other blog sites and substacks that want me to pay to read them plus an ability to comment. They are all clanging a 4-alarm fire. And why would I pay to comment there when I can do so at Angry Bear? Just some commentary between us...

Recent end-of-session SCOTUS Decisions. In no particular order. Still, some are left to be decided. SCOTUS Decisions by Amy Howe SCOTUS Blog (except where cited from elsewhere) Are there no Union workhouses? The Treadmill and the Poor Law are in full vigor? Compliments to Scrooge . . . Grants Pass v. Johnson was decided in favor of Grants Pass. Besides several trips to jail and fines, there does not appear to be an alternative other...

Regeringen och Trafikverket saboterar landets järnväg. Men järnvägsbranschen bidrar själv kraftigt till förstörelsen. Initiativet ”Omtag svensk järnväg”, som leds av SJ och Tågföretagen, är dessutom dömt att misslyckas på grund av avgörande systemfel som gör att branschen är del av problemen.  Multinationella miljardkoncerner som Flixbus och MTR flyr också tågverksamheten i Sverige eftersom vår järnväg inte tycks ha någon framtid. Vårt järnvägssystem med vanskötta främst...

 – by New Deal democrat Personal income and spending, in addition to the jobs report, has become one of the most important monthly reports I follow, mainly because I am looking for signs that the contractionary effects of Fed tightening are finally taking effect. To cut to the chase, this month’s report was mainly positive, but had a few cautionary signs.  To reiterate from last month: because real personal spending on services for the past 50...

Classic topping action when economic growth is slowing. 

"Economic systems are some of the most complex on Earth, and understanding them means using the right tools, which we've fundamentally failed to do." Join Steve Keen as he delves into the true essence of economics and its profound impact on human civilization. Discover why he believes the field has lost its way and how adopting engineering principles could revolutionize economic modeling. From the exploitation of high-grade energy sources to the need for respecting life, Steve...