[unable to retrieve full-text content]One of Economist David Zetland’s students. True pricing: effects on competition – The one-handed economist Sarah writes* Although Trump has once again pulled the U.S. out of the Paris Climate Agreement, American firms still face consequences in EU markets. Numerous countries are still committed to non-legally binding climate targets, but the EU demands full adherence […]
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[unable to retrieve full-text content]written by Felix, one of Economist David Zetland’s students. as shown on the The one-handed economist Economists have long defended the benefits of fair competition, explaining that it makes markets more efficient, increases innovation, and generates more benefits for consumers. It’s therefore surprising to see a lack of competition in academic economics, where the same […]
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[unable to retrieve full-text content]It must be fun to play the crowd, making them think what a tough guy the president is. Did he (being Trump) not know there was a trade agreement with Mexico? Something called the USMCA Agreement? Of course, he did. Of course, much of the US population do not realize this exists and has existed […]
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[unable to retrieve full-text content]It is a Sunday Morning and a good time to take a look at Social Security. SS a program covering millions of people in the US. A program which Trump and Elon (who functions in some type of capacity for him) would like to alter, get rid of, or cut the number of people from […]
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[unable to retrieve full-text content]This is straight out of the GOP playbook. Dipf. . . . . . . s. . . billionaire Elon Musk told Republican lawmakers he is not to blame for the firings of thousands of federal workers, including veterans. Has he ever heard of DOGE? It’s not the best publicity to fire veterans. Musk alleged […]
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[unable to retrieve full-text content]Introduction The Social Security Administration is an independent executive branch agency with a sole responsibility of administering the Social Security program. It was established in 1935 as part of the Social Security Act. Then President Franklin D. Roosevelt signed the Social Security Bill into law on August 14. This came 14 months after sending a […]
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[unable to retrieve full-text content]Healthcare and healthcare insurance was not cheap a couple of years ago and not cheap last year either. If anything, prices have increase resulting in higher Commercial Health Insurance costs. Then too deductibles for Medicare increase ~$10. Supplemental also increased. The costs for Medicare and supplemental are less than Commercial Healthcare Insurance. We are talking […]
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[unable to retrieve full-text content]So they say . . . It was all a bad misunderstanding. So . . . if this is all a misunderstanding, give the fired people back their jobs . . . if they will take them back. “Elon Musk tells Republicans he isn’t to blame for mass firings of federal workers” The Guardian Elon […]
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[unable to retrieve full-text content]As a subscriber to xpostfactoid, I have access to some excellent commentary by Andrew Spung. This is not a person I would argue with about the ACA, Medicare or Medicaid, etc. Anyway, the WSJ has an article touting Medicaid cuts which did catch his attention and is the basis for his commentary. The link is […]
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[unable to retrieve full-text content]Both Joel and New Deal democrat had commentaries on Angry Bear about Real GDP. Economist Claudia Sahm had an evaluation piece on the impact of the Federal Government labor reduction to the economy. No recession according to her analysis and just economic uncertainty. New Deal democrat suggests we should take the Atlanta Fed’s NowCast negative […]
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[unable to retrieve full-text content]Economist Claudia Sahm believes there is little or an unlikely chance of a recession due to “DOGE” efforts. The magnitude of the layoffs, let-goes, retirements, etc. are nor enough to bring on a recession. After reading this I am beginning to think, this is more of a scare tactic by Musk and Trump (he would […]
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[unable to retrieve full-text content]The threats of tariffs and trade wars by Trump appears to have had an impact on the US economy. Moreso than the countries he has been threatening. If they call his bluff, the US population will pay for his malfeasance. Maybe this is what Trump wanted? As reported at Quartz “The stock market’s Trump bump […]
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[unable to retrieve full-text content]In 2023, approximately one-fifth of the workforce was foreign-born. Of the 160.2 million people in the US workforce, and again about 29.7 million were immigrants. This is an increase from 2010 when the immigrant portions was an approximate 15.6% of the workforce. Immigrants can be employed across different industries. However, there is concentrations of immigrants […]
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[unable to retrieve full-text content]Some Background on Molds Building molding tools is a one-off event. You spend the $tens of thousands and the tool lasts a certain amount of throughput dependent upon material molded (some being more difficult or corrosive) and care. The numbers of cavities will impact costs. Too many and it increases cost of the tool and […]
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[unable to retrieve full-text content]Three charts and some explanation on net interest payments on debt for 2024 and higher in 20525 and 2026. Much of this is due to the pandemic and Biden paying out funds in support of the constituency. The result is higher interest rates as the Fed attempts to stabilize the economy and gain control of […]
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[unable to retrieve full-text content]Rust Belt cities reborn? – The one-handed economist Guest Post by Student Sara Pittsburgh and Detroit, known as Rust Belt cities because of their proximity to areas of heavy manufacturing, were two of the wealthiest American cities in the 20th century (Warda, 2016). Yet today, while one city is said to be a model for […]
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[unable to retrieve full-text content]The Dodd–Frank Wall Street Reform and Consumer Protection Act passage in 2010 was a legislative response to the financial crisis of 2007–08 and the subsequent Great Recession. The CFPB in creation was an independent bureau within the Federal Reserve. Its creation was meant to write and enforces rules for financial institutions, examine both bank and non-bank […]
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[unable to retrieve full-text content]My associate at Angry Bear or as you may know him better as Prof. Joel Eissenberg has some thoughts on what happened with Trump and Vance. It may be legitimate and we shall see. “my (Joel) thought was that this encounter might have been staged rather than be authentic. Like “reality TV.” My thought was […]
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[unable to retrieve full-text content]Here we are EOM February, have economic projections improved under Trump? I do not believe, this administration gives a damn about economic projections. It is open to questions though. ? Stay-At-Home Macro (SAHM), “The Fed’s Summary of Economic Projections isn’t living up to its promises,” Claudia Sahm On December 18th, the Fed officials voted to […]
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[unable to retrieve full-text content]Charles Gaba at ACA Signups commenting on Trump and Vance selling out Ukraine. Today if you missed it, you can see our best of the best negotiators bullying Zelinsky as they attempt to sell out Ukraine to Russia. And still Trump wants to have access to Ukraine’s minerals. What jackasses we have for leadership. If […]
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[unable to retrieve full-text content]Each week, R.J. sends me briefings on various topics (covid, etc.) impacting the nation. This particular report caught my eye. If you have worked in the food industry, you would know an outbreak of listeria is serious. Such an outbreak leads to a shutdown of a facility for a long period of time. The FDA […]
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[unable to retrieve full-text content]More political coverage this morning. If one can call it such. Trump lying about Medicaid and Musk doing the same about his cost cutting activities which is causing injury to millions of people. ~~~~~~~ He’s lying about what we did in the Clinton administration, lying when he says public servants are our enemies, and lying […]
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[unable to retrieve full-text content]Cruel and Usual: Republicans Prepare to Gut Medicaid – by Paul Krugman West Virginia is a very red state; Donald Trump received more than two thirds of its votes last year. It’s also a poor state, left behind by the 21st century economy. Because incomes are low, it pays very little in federal income taxes — less […]
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[unable to retrieve full-text content]Jim VandeHei and Mike Allen review Trumps budget cuts. The implication here is it is near impossible to achieve the dramatic cuts without imposing severe penalties on the US Citizenry, The attempt is to balance the budget so as intakes equal outtakes of funds. Except Trump does not want to fix his 2017 tax break. […]
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[unable to retrieve full-text content]The question? How much Federal Public School Funding comes from the Feds? The answer is here and you have to read it for yourself. Not a lot of reading to stymie you. Not terribly difficult. Not even 30 minutes of reading. The first question that comes to my mind? What would happen to schools if […]
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[unable to retrieve full-text content]God has a plan and Congress does not. November 2024 and the election is over. Rep. Mark Alford, a Lake Winnebago Republican, won a second term in Congress Tuesday, gliding to an easy election win in Missouri’s heavily conservative 4th Congressional District. The Associated Press called the race for Alford at 9:24 p.m. At the […]
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[unable to retrieve full-text content]For those of you who may wonder? I am not pirating a Krugman article. I pay for a subscription as well as others which I feature from time to time at Angry Bear. Economist Paul is popular. I like his reads on particular issues, and I know others do also. Angry Bear does have some […]
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[unable to retrieve full-text content]Even I am thinking of a recession as more and more people or Labor are being let go by the government. The layoff has expanded from just the government. Corporations are laying off people also. It is not like there was a huge decrease in business. Maybe companies believe they can be more efficient by […]
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[unable to retrieve full-text content]We eat a lot of different products that are packaged in plastic packaging. Plastic content leaches into the water we drink from product packaging and throwaway garbage. Unless you are filtering it out in some fashion such as reverse osmosis or another membrane type of filter, microplastic content can buildup in humans. ~~~~~~~ Scientists observe […]
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[unable to retrieve full-text content]Trumps FTC believes the ABA is corrupt. Having been around enough attorneys in my lifetime, they are not corrupt. They are smarter than we are on legalities. Reading the first sentence of Trump’s FTC letter reveals their beliefs: “federal antitrust enforcers and the private antitrust bar have enjoyed a cozy relationship facilitated by the Antitrust […]
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