The Angry Bear

A common right-wing grievance is that undocumented (“illegal”) immigrants are taking all the jobs. In particular, that they’re stealing jobs from native-born Americans. What’s the evidence? If it were true that immigrants were stealing jobs from native born Americans, then if you plotted labor force participation by native- and foreign-born over time, they would have a reciprocal relationship. As non-native participation rose, native...

You have to go to court and just sit there and listen to the stuff being said. You sit there and go huh? Jack would understand what I am saying. Making sense is not necessarily a part of deciding law. Perfect example being rifles and pistols acquired or purchased shall have a serial number. In fact, I would take it further to include other parts making the weapon function. Here we are talking about guns or weapons which are bought partially...

The report does say ABC News. However, I saw this first on Crooks and Liars as reported by David Edwards. You have to wonder how Corporal Vance ever ended up in the position he is in today. What does he do after a day of story telling to convince people he is right. ABC News host Martha Raddatz grilled Republican vice presidential nominee J.D. Vance after he struggled to defend former President Donald Trump’s claim. FEMA was not helping red...

If you did not figure out where I am going by just reading the title, then I will explain a bit. Stock buybacks do not trump Quality. It is that simple. When you sacrifice Labor so as to have funding to buy back stocks, you may have picked the wrong person to toss. The person who inspects the product or builds that particular portion of the product correctly. This issue was in assembly somewhere along the way and was missed as an essential assembly...

If we were to look at the costs of healthcare insurance for families and businesses, it has not remained the same percentage-wise for employers or employees. My initial sentence is a backwards way of saying costs are increasing faster than gains in income for either. Nothing has changed here and the foes to single payer in government and industry keep insisting this is the better way to provide healthcare. Edward Kennedy died too soon to help us...

Donald Trump and JD Vance are campaigning on xenophobia. There’s no evidence that immigrants are any sort of threat to America, and the data show that immigrants commit crimes at *lower* rates than American citizens. Sadly, though, fear of the other seems to work in America:“Jeffrey Balogh, a resident of Erie, said at that event that he feels strongly about Trump’s proposals on immigration. He shared that he felt uncomfortable recently when he went to...

by Lloyd Alter Carbon Upfront There is a sense of humor here being shown by Lloyd. He is asking Elon Musk to build differently than what he would do if planned by the market. Granted electric vehicles have been a part of what Tesla offers. Lloyd is asking Elon to go a step farther and build something smaller that the US car manufacturer behemoths have been building. Lloyd wants it even smaller and on a car suspension rack. It makes sense for...

– Nadia Evangelou National Association of Realtors A good read explaining why things slowed down. Good introduction of why housing market fell apart since 2020. Much was due to the Fed Rate which was significantly higher than it normally was. People did not have the income to support a higher payment caused by a higher Mortgage Rate. Some excellent charting by NAR Calculations. Housing affordability has been a critical issue in the housing...

– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha.  The long end of the yield curve has steepened, and that means longer term interest rates are higher. Meanwhile the Hurricanes have played havoc with some of the high frequency data. As usual, clicking over and reading will help sort through the noise, and reward me a little bit for organizing and categorizing it for you. The Bonddad Blog New Deal democrats...

I had an email exchange a couple days ago with Josh Marshall over at Talking Points Memo about polls (which he’s written a lot about recently) and the election betting market (which he had never mentioned). Yesterday, he used our exchange as a jumping off point to explain why he doesn’t believe the betting market is reliable and certainly no improvement over polling. The money grafs:“First of all, as I said, bets are largely made on the basis of...