by Daniel BrouseJuly 29, 2025 China has decisively surpassed the United States in both electric vehicle (EV) and artificial intelligence (AI) technology. The latest milestone came as Shanghai officially approved robotaxis for commercial operation, with Pony.ai and WeRide among the first companies to receive permits. Pony.ai now stands as the first company authorized to operate […]
Tag Archives: economy
Racing Toward Irrelevance: How U.S. Protectionism, Anti-Science Rhetoric, and Policy Failures Are Fueling China’s Rise in AI and EVs
A Fiscal Red Flag: U.S. Borrowing Surges by Over $450 Billion in a Single Quarter
During the July–September 2025 quarter, the U.S. Treasury now expects to borrow $1.007 trillion in privately held net marketable debt, based on an assumed end-of-quarter cash balance of $850 billion. This revised estimate marks a dramatic increase—$453 billion more than what was projected just three months earlier in April 2025. This surge in federal borrowing […]
Trump’s Fed Stunt: Distraction, Intimidation, and Economic Ignorance on Full Display
In a chaotic spectacle aimed at diverting attention from his ties to Jeffrey Epstein and mounting allegations of pedophilia, Trump staged a political circus at the construction site of the Federal Reserve, using the visit to generate headlines while avoiding accountability. Trump’s visit began with a rambling, incoherent speech, peppered with contradictory statements about the […]
The Real Cost of the “One Big Beautiful Bill”: Trillions in Debt, Millions Losing Healthcare, and a Weaker Economy
by Daniel Brouse July 22, 2025 The Congressional Budget Office (CBO) has released its updated score for the “One Big Beautiful Bill Act” (H.R. 1), revealing the harsh reality behind the rhetoric: the bill will add a staggering $3.394 trillion to the federal deficit over the next decade. This makes it the largest deficit-increasing bill […]
U.S. Halts Beach Replenishment Funding for the First Time in 29 Years, Leaving Shore Towns Exposed
by Daniel Brouse July 22, 2025 For the first time since 1996, Congress has allocated zero dollars for federal beach replenishment, halting nearly three decades of continuous support for projects that combat beach erosion along the U.S. coast. Typically, Congress sets aside $100 million to $200 million annually for these efforts, which involve dredging sand […]
Climate-Fueled Insurance and Tax Hikes Are Driving Mortgage Delinquencies
by Daniel BrouseJuly 21, 2025 Mortgage delinquencies are climbing across the United States, with southern states like Florida, Georgia, and South Carolina facing the steepest increases. A major driver? Escrow payments — which cover property taxes and insurance premiums — have surged by 62% nationally over the last five years, a spike fueled largely by […]
The Cascading Crisis: Climate Change, Pathogens, and the Future of Human Health
By Daniel BrouseJuly 20, 2025 Disease vectors are among the most critical—and often underestimated—risk factors of climate change. Together with deadly humid heat and increasingly violent rain events, these three threats drive an exponential rise in climate-related deaths. Disease vectors, such as mosquitoes and ticks, expand their range and transmission seasons as the climate warms, […]
The Big Beautiful Bill Shell Game: Funding Deportation While Killing Growth
by Daniel Brouse July 20, 2025 The Big and Brutally Ugly Bill has now become law, revealing itself as a massive shell game that diverts public funds toward unrelated and destructive policy goals while weakening the core engine of American economic growth. Tariffs imposed under the false banner of an “economic emergency” are being funneled […]
Climate Change, Capitalism, and the Collapse of Insurance: California as a Case Study
by Daniel BrouseJuly 19, 2025 California offers a stark preview of what to expect as the U.S. property insurance market begins to unravel under the weight of climate change. Insurers continue to withdraw from wildfire-prone and flood-prone areas, despite recent policy efforts aimed at stabilizing the market. The January 2025 Los Angeles wildfires alone generated […]
Trump’s Trade War Shows His Economic Ignorance—and Americans Will Pay the Price
Trump’s global trade war continues to reveal his profound lack of understanding of business, economics, and the realities of global trade. His repeated claims that trade deficits are a threat to the United States not only demonstrate economic illiteracy but actively harm the nation’s prosperity, standard of living, and even life expectancy. Trade Deficits: A […]