The Angry Bear

Trump’s poor showing in New Hampshire, Robert Reich. Friends, As I noted earlier today, the mainstream media is falling over itself in seeming awe of Trump’s “powerful” campaign. The truth is just the opposite. Last week, he won fewer than 7 percent of registered voters in Iowa. Trump’s success in last week’s Iowa caucuses wasn’t a “stunning show of strength.” It was a display of remarkable weakness. He got just 56,260 votes. Hello?...

Core capital goods orders, three month average of manufacturers’ new orders both make new all-time highs  – by New Deal democrat Before I update this morning’s personal income and spending data, I wanted to briefly note some significant news in yesterday’s report on manufacturers new orders. (I’ll discuss the important leading metrics from the GDP report next week.) New orders are one of the long-time components of the index of leading...

Topical Emails from all different sites. Pulled from my In-Box and which I have no time to write about. Thinking, they still may be of interest to readers who visit Angry Bear. Please be topical or at least close. Healthcare Our Healthcare Data Infrastructure Is Abysmal, MedPage Today, John (Xuefeng) Jiang. Is our healthcare data infrastructure prepared for the next health crisis? Our research indicates it is alarmingly unprepared. A New...

In keeping with the runup to the election next year, I will post some views making some sense out of of what is taking place. Infidel takes a look at how Democrats views are being seen as extreme or even more extreme the Republicans by the stances they are taking. People are beginning to see Republicans in a different light. Infidel753, Political realities and dangerous delusions, Infidel753 Blog Somebody’s got to say it.  The far-left...

New home sales: if you lower prices, they (buyers) will come  – by New Deal democrat New home sales are the most leading of all the housing metrics, but suffer from being heavily revised as well as extreme volatility.  With that caveat out of the way, in December new single family home sales (blue in the graph below) rose 49,000 on an annualized basis to 664,000, just about in the middle of their last year’s range: Because the much...

My quest to detect evidence that the New York Times actually employs copy editors has arrived at success (a day late and an apology short). TI just discovered that today this article begins with the not absurdly incorrect abstract “Five universities have agreed to pay $104.5 million to settle a lawsuit accusing them of violating an agreement to be “need-blind” when admitting students.” Recently it began with the absurd abstract which I...

By “here” I refer to my home town Washington DC. The answer, obviously, is that Binyamin Netanyahu is in charge there. At least he has much more influence over US Federal Government spending than the guy wincing in the photo. Both Biden and Netanyahu know that Netanyahu has much more support in the US Congress than Biden and both understand that Congress can control spending, sometimes by over riding vetos. Biden has the impossible task of...

Open Thread January 18 2024 Biden, the Oldest President Yet, Angry Bear Tags: 2017 tax breaks

Modeling the numbers on bottom-up and middle-out economics. How Redistribution Makes Us All Richer, Wealth Economics, Steve Roth You hear a lot about bottom-up and middle-out economics these days, as antidotes to a half-century of “trickle-down” theorizing and rhetoric. You’re even hearing it, prominently, from Joe Biden. [embedded content] They’re compelling ideas: put more wealth and income in the hands of millions, or hundreds of...

This post is long and flirts with the 10% fair use limit, but I’ll try to keep under it.Dave Kellogg has a blog post up from a few days ago comparing the messaging of Team Trump vs Team Biden. Read the whole thing, but here are some core points. Kellogg distills the Democratic two-word message to “Save Democracy” and the GOP two-word message to “Save America.”In short: • “Republicans want to save the country, Democrats want to save an idea. Saving...