The latest economic analysis of the presidential candidates suggests that Trump’s fiscal policies could increase the federal deficit by an estimated $7-10 trillion over the next decade, primarily due to his proposed tax cuts and spending plans. Trump’s approach centers on lowering taxes, particularly for high-income earners and corporations, while increasing defense and infrastructure spending. […]
Category Archives: Environment
Political Overview of Economics
Also posted in Business, freedom, Global Warming, Government, Politics, Science
Tagged cliamte change, Economics
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Climate Change: 9 Day Tsunami Seismic Event
by Daniel Brouse September 13, 2024 A seismic event, triggered by climate change, shook the Earth for nine days following a 650-foot tsunami in Greenland. As permafrost and glaciers melt, the ground becomes unstable. In this case, melting in East Greenland caused the collapse of a mountain, leading to a landslide that impacted the ocean […]
Also posted in Energy, Global Warming, Science
Tagged climate change, rising sea level
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South Korea: Climate Law Fails to Protect Basic Rights
South Korea’s top court ruled in August of 2024 that the country’s climate change law does not adequately protect basic human rights and lacks sufficient targets to safeguard future generations. This landmark decision comes after activists accused the government of failing to effectively address the climate crisis. Since 2020, more than 200 plaintiffs, including young […]
Also posted in Business, children, Energy, Global Warming, Government, health and wellness, Science
Tagged climate change, law suits
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Canadian Wildfires: Over the Tipping Point
by Daniel Brouse August 28, 2024 A study published in the Journal Nature found Canada’s 2023 wildfires released more carbon into the atmosphere than the annual emissions of all but three countries, underscoring a troubling trend. A new study raises serious concerns that Canada’s forests, long considered crucial carbon sinks, may no longer reliably absorb […]
Also posted in Business, Energy, Global Warming, health and wellness, Science
Tagged climate change, domino effect, feedback loops, tipping points
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Election 2024: The Decline of Economic Sensibility
I began writing this after listening to Harris’ recent speeches — first on drug prices and then on the broader economic policy of her campaign. My concerns arise from a general disappointment with the direction of the campaign’s economic strategy. Unfortunately, the “deal to cut Medicare prices on popular drugs” is misleading. The claim of […]
Also posted in Business, Global Warming, Government, Politics, Science
Tagged climate change, economy
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Climate Science: Love and Hate
by Daniel Brouse August 9 ,2024 As an economist, I have spent my career studying risk management, and in the process, I have also become a climate scientist—because climate change is the greatest risk to humanity. Climate science is closely tied to our emotions, particularly hate and love. The hatred of scientists and intelligence is […]
Also posted in Agriculture, Business, Education, freedom, Global Warming, Government, health and wellness, Politics, Science
Tagged climate change, economy
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Real Estate Market Update
By Daniel Brouse August 5, 2024 Short sellers in the real estate market are currently anticipating a significant downturn, driven by a combination of factors. The recent trend of private investment groups purchasing large quantities of real estate has led to concerns about a potential future liquidation of these assets. As these investment groups may […]
The Politics of Climate Change
By Daniel Brouse As a climate scientist, I have studied the impact of politics on the climate for decades, and the United States ranks among the least prepared countries globally. It also has one of the highest percentages of climate change deniers. Politicians exacerbate this issue by obstructing necessary efforts to combat climate change. The […]
Also posted in Agriculture, Business, Education, Energy, freedom, Global Warming, Government, International, Politics, Science, taxes
Tagged climate change
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Drill, Baby, Drill (How Hate and Ignorance Distort Economic Perspectives)
“Perhaps most importantly is the repeated use of the phrase ‘Drill, Baby, Drill’.” Economic Update: If Trump wins, great news for the very few people whose primary income comes from government securities interest! Unfortunately, very, very bad news for everyone else. Tariffs, protectionism, lack of immigration, and nationalism are all detrimental to the economy. Tariffs […]
Also posted in Agriculture, Business, Energy, Global Warming, Government, health and wellness, International, Science
Tagged climate change, economy
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The Federal Reserve and the Chevron Decision
by Daniel Brouse July 10, 2024 The Federal Reserve chairman was questioned in Congress today about the potential impacts of the ‘Chevron Decision’ on the Fed. Although he mentioned that it was too early to determine the full effects, he acknowledged that numerous frivolous lawsuits could become a significant hindrance. This uncertainty clearly poses challenges […]
Also posted in Business, Finance, freedom, Global Warming, Government
Tagged climate change, interest rates, real estate
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