Steve Burtch

@stephenburtch.bsky.social

Trying to not exceed whatever rate limits exist on this app. Math & Physics Educator. Hockey Analytics. Mech Engineer by training. Science. Politics. Education. Other BS - in whatever order occurs to me at the time. Just sharing my perspectives/opinions.

It’s so funny (and even more telling) that the owners of professional sports teams acknowledge that there’s a problem with having an enormous wealth gap, but it only matters to them when it’s the difference between different magnitudes of billionaire.

Remember when Canada proposed changes to Capital Gains tax structures and suddenly the relatively wealthy small business lobby AKA "Doctors and Lawyers" (who make up ~1% of the Canadian labour force *combined*) freaked out so we didn't do it? Australia did. www.theguardian.com/business/gro...

Capital gains tax changes are already having an impact on wealth inequality – and vested interests are running scared | Greg Jericho

Weekend house auction results and the official taxation data reveal the arguments from outraged conservatives are hollow

theguardian.com

The commander of US European Command has warned the Pentagon that the US no longer has enough Navy destroyers to simultaneously protect Israel from Iranian missile attacks and meet broader US defence commitments, WaPo reports.

Also relevant - The Union Army also outnumbered the American South army by a huge margin. ~2.1 million union enlistments vs ~750K southern. 75% of 2.1M is 1.575M native born northern soldiers. Still over double the South enlistments total.

David Burbach 🇺🇸@dburbach.bsky.social · 4d ago

I've been trying to swear less, but, fuck this guy (he is a regular columnist for The Federalist) That said, I look forward to Republicans defending the notion that anyone with German (or Polish or Italian or Greek whatever) surnames are not real Americans

D

And who is the 'socialist' now? The Department of Commerce quietly announced this week it will designate more than $870 million in federal incentives for semiconductor manufacturing in exchange for a minority equity stake in seven companies. thehill.com/policy/techn...

Commerce Department quietly announces 7 new equity stakes in private companies

The Department of Commerce quietly announced this week it will designate more than $870 million in federal incentives for semiconductor manufacturing in exchange for a minority equity stake in seve…

thehill.com

In 2023, the auditor general found Ontario routinely fails to consult on environmental decisions, which included nuclear expansions, weakening wetland protections and conservation authority changes, mining oversight shifts and many more. thenarwhal.ca/ontario-audi...

Ontario failing public on environmental policy: auditor general | The Narwhal

The Ford government has a “pattern of no consulting” on energy and environment decisions, a new auditor general report finds

thenarwhal.ca

10-day average Hormuz-exiting oil flow has fallen below 3 MMbpd. That's down ~80% from late June's peak of more than 15 MMbpd. Feels silly to say five months into this, but that's not enough oil.

Bild

Two Iranians officials said that the explosion off Egypt coast was a drone attack designed to show that global shipping and energy supplies could be more deeply disrupted if Iran chose to escalate.

US AI investment inched up to another record high in data released this morning, exceeding a $450B/yr pace for the first time It's now the largest single category of US physical investment, more than single-family homes, factories, power plants, and more

a graph of US AI construction compared to other investment categories

US electricity investment inched up to another record high in official data released this morning Solar/Wind investment continued hitting new highs, transmission & distribution investment rebounded from its 2025 declines, while traditional gas/coal construction remains stagnant

a graph of US real electricity construction

US real factory construction continued declining in data released this morning, as CHIPS Act projects complete, IRA projects get cancelled, and tariffs weigh on investment Total manufacturing construction is now down more than 25% from its 2024 highs

a graph of US Real manufacturing construction