Angry Bear

They’re coming for Social Security

“Before President Donald Trump started mass layoffs of federal workers, he demonized them, arguing, despite evidence to the contrary, that most never went into the office. “As he moved to cut foreign aid, he and Elon Musk alleged widespread waste and abuse, although they offered little evidence to back up their claims and may simply […]

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Wages Have Not Caught Up with Previous Inflation

Some thoughts. If inflation is increasing at a lower rate than previously, the higher rate for previous years have set a higher level. There by, if salary increase is based upon the new lower inflation rate it will not equal or surpass the cost level already incurred. Indeed, unless costs stagnant or decrease, salary increases […]

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Silence of the Lambs . . . Congress

This has been taking shape for a while now. The either-or threat is coming soon enough. The wrong president is in place to contend with this. Otherwise, the president would be demanding Musk stop. Instead, the president is in support of Musk. Just waiting . . . Where is Congress and the Supreme Court? How […]

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Economic Data

Data drought continues  – by New Deal democrat There is no new significant economic data today, and I am on the road. Meaningful reporting should resume tomorrow with housing permits, starts, and construction. In the meantime, here is a look at a high frequency series I keep track of: Redbook retail sales, for the past […]

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Do Democrats and progressives need a marriage counselor or a divorce lawyer?

Many moderate and liberal Democrats believe the party should sideline progressive advocacy groups.  The groups sometimes make extreme and unpopular demands that damage the Democrats’ brand and prevent needed compromise.  It appears to me that some critics would be happy kicking the groups to the curb.  I largely agree with the diagnosis (see here, for […]

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Industrial Policy

Fairly new article on international manufacturing. I broke it down, added information plus another chart, and did some editing. It really was a good article on manufacturing. I just made it better based on my fifty years in supply chain and throughput. Industrial Policy is Back. Is That a Good Thing? What Are the Issues? […]

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Inflation. How worried should we be?

This “Keep Calm” post showed up in my inbox today. I posted a partial of Economist Claudi Sahm’s report. She is discussing January CPI. I am more interested in the layoffs at the government and now corporations. I am seeing companies starting to follow suit with layoffs. Today and after the crash at Washington D.C., […]

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New Deal democrats Weekly Indicators for February 10 -14

– by New Deal democrat There’s no significant economic news today. Since I didn’t publish a link to my “Weekly Indicators” post up at Seeking Alpha over the weekend, here it is now. Left to its own devices, as I’ve written a number of times recently, the economy is in “steady as she goes” mode, with few […]

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Flying the unfriendly skies

I’ve been a big fan of airline travel and have flown hundreds of times on commercial flights for business and pleasure over the past five decades. Not anymore: “The Trump administration has begun firing several hundred Federal Aviation Administration employees, upending staff on a busy air travel weekend and just weeks after a January fatal […]

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U.S. Economic Confidence Ticks Down

I grabbed a few of the charts from this recent Gallup ECI report not so much to do a political viewpoint. Just watching the massive layoffs at the US Government which will certainly impact the nation’s Unemployment numbers. That layoff was bad enough when measured against the respect for people. It will have an economic […]

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Trump and the Economy

Can Trump Tank the Biden Economy? Here Are Eight Ways – by Dean Baker CEPR President Biden handed off the best economy to an incoming president since at least the 2001 handoff from Clinton to Bush II. In his last quarter in office, GDP grew at a 2.3 percent annual rate (final demand, which excludes […]

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Public Health Proponents Are Missing

A piece I believe capsulizes what many of us are wondering. Where are our politicians, Senators, Representatives, and healthcare people. Why are they so silent as Trump and his keeper Musk slowly disassemble the nation. There are consequences to this. It will not be Trump, Musk, Congress, or doctors and healthcare who will bear the […]

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Did the Covid-19 Deniers Win?

David Frum’s piece in The Atlantic (to which I subscribe) appears to believe the Covid deniers did win. I tend to disagree with his findings. For example and strictly on deaths alone he notes . . . “once vaccines were introduced, Republicans became much more likely to die than Democrats. In the spring of 2021, […]

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Will the next Wuhan be in the US?

There’s no question that SARS-CoV-2 jumped from bats to humans. Whether that jump was direct or indirect and whether it occurred in a lab or in the Wuhan wet market is unknown. The Chinese government has been less than completely forthcoming about the COVID 19 epidemiology. There’s no question that bird flu can jump from […]

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federal government should regulate business

February 15, 2025 – by Prof. Heather Cox Richardson Letters from an American After World War II, the vast majority of Americans (Democrats and Republicans alike) agreed that the federal government should regulate business, provide a basic social safety net, promote infrastructure, and protect civil rights. But not everyone was on board. Some big businessmen […]

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Homeowner Insurance Catastrophe Impact

The Perfect Storm in Home Insurance | Econofact The Issue: The Los Angeles fires, perhaps the costliest weather-related event in U.S. history, started just a few months after Hurricane Helene which ranked among the top 10 costliest hurricanes to batter the United States. And while hurricanes and wildfires command the most attention, severe convective storms (those traditional hailstorms […]

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Measles and Christian heresy

I grew up in the South. While there were no snake handlers in my town, there were fundamentalists in the area who practiced snake handling. I see no significant difference between those snake handlers in East Tennessee and folks in West Texas who refuse to vaccinate their kids for preventable diseases. Both are tempting God, […]

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As If There is a Comparison?

I did not know Greta Thunberg had $billions and owned companies that our present VP alludes to in his statement. Greta has not been standing next to the German Chancellor the same as Musk does in the Oval Office and next to the President. This while his young son plays there and picks his nose. […]

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