Why have interest rates been going up after the Fed cut rates? Because investors concur that Trump’s economic polices will be harmful to the economy, drive up inflation, and explode the national debt. Investors have been making “Trump Trades” based on this concern. Unfortunately, a large number of investors — approximately 75% — currently expect […]
Category Archives: Government
The Trump Trade
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Tagged real estate
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Climate Change’s Impact on Florida Insurance
Hurricane Milton is expected to cause over $100 billion in insurance claims, creating even more challenges for Florida homeowners in obtaining insurance. On top of that, the cost to the public and government is projected to exceed an additional $50 billion, adding to the financial strain on taxpayers and the state. Much of the damage […]
Also posted in Business, Environment, Global Warming, Science
Tagged climate change, extreme weather events, flood insurance, insurance
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Political Overview of Economics
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. […]
Also posted in Business, Environment, freedom, Global Warming, Politics, Science
Tagged cliamte change, Economics
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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 […]
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Tagged climate change, law suits
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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, Environment, Global Warming, 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, Environment, freedom, Global Warming, health and wellness, Politics, Science
Tagged climate change, economy
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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 […]
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Tagged climate change
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Economics: The Impact of Hate on Political Perspectives and Social Cohesion
By Daniel Brouse August 2, 2024 “Whereof one cannot speak, thereof one must be silent.” — Ludwig Wittgenstein For decades, I have been actively involved in promoting the education of world economics. In recent years, I’ve observed a troubling phenomenon: certain segments of the population appear resistant to educational outreach, a condition that seems to […]
Wealth Taxes Are Illogical
By Daniel Brouse July 30, 2024 There are numerous reasons why a wealth tax can be a self-defeating fiasco, and the case of taxing someone like Elon Musk vividly illustrates this. A wealth tax on high-net-worth individuals could create a complex and problematic feedback loop involving the sale of Tesla stock and the associated capital […]
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Tagged climate change, economy
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The National Debt and the Printing of Money
The two most important components of US fiscal and monetary policy are the national debt and the Federal Reserve’s ‘Credit and Liquidity Programs and the Balance Sheet’. National Debt The national debt of the United States has increased significantly under both Republican and Democratic administrations, although the contributing factors have varied. Under Republican presidents, Ronald […]