Has Trump thought his tariff proposal through? Brian gives reasons to doubt that this move would be successful in replacing the income tax or substantially affecting it.BTW, Brian has migrated from X to Bluesky along with many others in the fields of economics and finance. Links provided at the end of the post.Bond EconomicsTariffs As A Fiscal Tool?Brian Romanchuk

What can Americans do? What should Australia do? A few weeks ago, I drew up a flowchart to estimate the probability that Trump would establish a dictatorship in the US, which looked, at the time, like an even money bet. We don’t need to speculate any more. Trump has announced the dictatorship, and there is no sign of effective resistance. The key elements so far include Extremists announced for all major positions, with a demand that they be recess appointments, not subject to...

[unable to retrieve full-text content]This discussion highlights the structural challenges facing America’s economic and political system, emphasizing how vested interests manipulate markets, language, and policy to sustain inequality. The U.S. operates in a "stacked marketplace," favoring creditors and employers over wage earners, with little public debate or university-level economic critique. While populist narratives resonate, substantive solutions remain elusive. Richard Wolff...

[unable to retrieve full-text content]This is our new security system on Angry Bear. You will probably see it when you log into Angry Bear. If it asks you if you are human when you log in, answer “yes.” It is just part of the entry and not a scam. The post CloudFlare appeared first on Angry Bear.

Transfers are actually up now over last year.

[unable to retrieve full-text content]Inflation was caused by Wall Street and companies rent-taking by increasing prices because they could do so by manipulating the supply chain. I started working is Supply Chain in the seventies for a small company by the name of Baxter Travenol. It was smaller then. It was in the old Walgreen’s building before it moved […] The post Getting the Story Right on What Happened appeared first on Angry Bear.

Nearly everyone who says this doesn’t know WTF they are talking about.

[unable to retrieve full-text content]– by New Deal democrat Starting tomorrow we get to the time of month when the data on the important long leading sector of housing begins to be reported. So let me update a few important points about where this sector is likely going and its effects on the economy. As we probably all know […] The post Whither housing? A look at interest rate and inflationary considerations appeared first on Angry Bear.

[unable to retrieve full-text content]It is probably too soon to demand people to buy electric vehicles. Domestically, the technology is still evolving. Battery driven vehicles are still questionable although some of our Angry Bear commenters and writers have one. June 2024, Virginia Governor Glenn Youngkin and Attorney General Jason Miyares in a written statement declared: The Gov: “Once again, […] The post Pushing a Rope on Electric Vehicle Demands appeared first on Angry Bear.

 Anche a scopo didattico, pubblico alcune note sul Piano strutturale di bilancio che il governo sta discutendo con la Commissione Europea. Una sintesi è apparsa su Il Fatto del 31 ottobre 2024.La nuova governance fiscale europea fra mezze verità e metafisica  Sergio Cesaratto (Unisi-Deps) Con il voto del Parlamento europeo e del Consiglio della UE, nell’aprile 2024 sono stati adottati i testi legislativi che delineano la nuova governance economica dell’Unione [1] Obiettivi...