[unable to retrieve full-text content]“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 […] The post They’re coming for Social Security appeared first on Angry Bear.
Read More »Wages Have Not Caught Up with Previous Inflation
[unable to retrieve full-text content]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 […] The post Wages Have Not Caught Up with Previous Inflation appeared first on Angry Bear.
Read More »Cannon ball don’t pay no mind . . .
[unable to retrieve full-text content]Though you’re gentle, or you’re kind. It don’t think ’bout folks behind . . . (miriam berg’s folksong collection). Neither does Trump pay much mind if you are Democrat or Republican, poor or rich, black or white . . . You are laid off or fired regardless. I guess you have to learn the hard […] The post Cannon ball don’t pay no mind . . . appeared first on Angry Bear.
Read More »Silence of the Lambs . . . Congress
[unable to retrieve full-text content]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 […] The post Silence of the Lambs . . . Congress appeared first on Angry Bear.
Read More »Economic Data
[unable to retrieve full-text content]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 […] The post Economic Data appeared first on Angry Bear.
Read More »Do Democrats and progressives need a marriage counselor or a divorce lawyer?
[unable to retrieve full-text content]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 […] The post Do Democrats and progressives need a marriage counselor or a...
Read More »Geneva plans to pay NGO wages after US foreign aid freeze
[unable to retrieve full-text content]I would expect no less . . . The Swiss city of Geneva is planning to pay CHF10 million (One CHF (Swiss Franc) = $1.11 US Dollar) of NGO worker wages following the United States decision to freeze humanitarian aid for 90 days. I guess the Swiss are telling the US to pound sand. I […] The post Geneva plans to pay NGO wages after US foreign aid freeze appeared first on Angry Bear.
Read More »Industrial Policy
[unable to retrieve full-text content]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? […] The post Industrial Policy appeared first on Angry Bear.
Read More »Inflation. How worried should we be?
[unable to retrieve full-text content]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., […] The post Inflation. How worried should we be? appeared first on Angry Bear.
Read More »New Deal democrats Weekly Indicators for February 10 -14
[unable to retrieve full-text content]– 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 […] The post New Deal democrats Weekly Indicators for February 10 -14 appeared first on...
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