Why Does Congress Fight Over Childcare But Not F-35s?
Details on why Congress is addicted handing out military pork as opposed to spending money on citizens’ needs.
Read more...Author Archives: Yves Smith
Just Keeps Getting Worse: Services Trade Surplus, the American Dream-Not-Come-True, Worst in 10 Years. Imports Worst Ever. Trade Deficit Worst Ever
Repeat after me: trade deficits = exporting jobs. The latest results confirm how crappy US policies are.
Read more...Links 10/6/2021
The Energy Transition Will Take Decades Not Years
Clean energy and green growth proponents greatly underestimate the amount of change needed to migrate off fossil fuel sources.
Read more...Smear Campaigns Work: Pro-Transparency Board Member Margaret Brown, Candidate Tiffany Emon-Moran, Both Lose CalPERS Board Election
The California public employees unions that have bizarrely made clear that they are firmly on the side of having CalPERS continue to be poorly run have gotten their way. Pro accountability, pro-transparency board member Margaret Brown, and Tiffany Emon-Moran, who was challenging incumbent and staunch staff David Miller, were both defeated in this year’s board […]
Read more...Will Krysten Sinema Change Parties?
Sinema could and might very well screw the Dems.
Read more...Does America Want a CHIPS for Buybacks Act?
To bring more chips-making back to the US, Congress should condition additional funds on suspending stock buybacks.
Read more...Climate Advocates Voice Concerns Over Fossil Fuel Handouts in Stalled Infrastructure Legislation
One month after Hurricane Ida hit Louisiana, infrastructure and “build back better” talk ignores survival needs on climate crisis frontlines
Read more...Evidence on the Effects of Work Requirements in Safety Net Programs
Quelle surprise! Work requirements in social safety programs reduce participation, as opposed to help the recipients.
Read more...So How Far Will House Progressives Retreat to Get a Version of Biden’s “Build Back Better” Program
The House progressives are already folding.
Read more...Links 10/2/2021
Tylenol Could Be Risky for Pregnant Women – A New Review of 25 Years of Research Finds Acetaminophen May Contribute to ADHD and Other Developmental Disorders in Children
New reasons to be wary of acetaminophen.
Read more...Incomes Got Chewed Up by Inflation. Americans Spent Heroically on Goods, But Not on Services. Eviction Moratoriums & Forbearance Implicated
Consumers have made big changed to their spending patterns in response to inflation.
Read more...When the New York Times Colludes With the Billionaire Class
The New York Times a bit too obviously curries favor with the very best people.
Read more...Avoiding Water Bankruptcy in the Drought-Troubled Southwest: What the US and Iran Can Learn from Each Other
Water woes are becoming part of the new normal. What can be done to alleviate them?
Read more...