The Angry Bear

Weekly Indicators for February 5 – 9 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Most notable is that two of the long leading indicators – interest rates and corporate profits – have turned from very negative to at very least neutral, increasingly suggesting better economic news ahead. As usual, clicking over and reading will bring you up to the virtual moment as to the economy, and reward me...

Democracy and world peace have had a very bad week. The special counsel’s unprofessional, partisan decision has put Biden’s age and mental status front and center in the presidential contest.  Most commentators agree that it is up to President Biden to dispel doubts about his fitness, primarily by making himself more available to interviewers and voters.  Whether this will work remains to be seen.  Even if Biden is mentally fit, which I believe is...

Went dumpster diving in my Internet sites to find this again. George W. Bush, Jr. – The Dark Side (realchange.org) Enjoy the silly remarks by Boy-George Bush as compared to Joe Biden. And then the political clowns such as Hur, attack Biden? A president who took us through what could have been one of the greatest economic downturns in the history of the US. The stress must have been tremendous the last three years. And trump gave us $2 trillion...

January 6 was an insurrection, rebellion against the election of a new president. Congressmen/women and Senators fled for their lives. No help came from city police or elsewhere to quell the insurrection. There is no question about what it was. Calling it a riot is an attempt to make it less then what it was, an attempt to overthrow the government. Opinion | Why I changed my mind and think Trump should be thrown off the ballot The Washington...

Why is it that Democrats always pick the wrong guy? Yes, he delivered an honest, nonpolitical, and legal determination of Biden’s guilt or innocence as assigned to do. No, he is not entitled to go forward with his personal BS assessment of Biden a man he obviously distains. February 9, 2024, Letters from an American, Prof. Heather Cox-Richardson Yesterday, Special Counsel Robert Hur, appointed by Attorney General Merrick Garland in January...

Cohousing, another way to have multifamily and multigenerational housing. Why Cohousing Could Be the Answer for Aging Baby Boomers, Carbon Upfront, Lloyd Alter In a recent post, Why the future of housing should be multifamily and multigenerational, I mentioned cohousing, which was started in Denmark primarily by young families as a way of sharing resources like childcare. Katheryn McCamant and Charles Durrett summarize it in the...

In Angry Bear’s commentary Looking at the Trump 2017 Tax Breaks, we examined exactly what the TCJA did for citizens. By the end of 2025, the TCJA would add to the deficit an ~$2.2 trillion. If extended, we can expect another $1.5 trillion. Special exempts were written into the bill so those (business interests) who benefited from the tax cuts would have the tax break into the 2030s. We beginning to or are exceeding the nations GDP. RI’s Emily...

“Using the Joint European Torus (JET) — a huge, donut-shaped machine known as a tokamak — the scientists sustained a record 69 megajoules of fusion energy for five seconds, using just 0.2 milligrams of fuel. That’s enough to power roughly 12,000 households for the same amount of time.”Progress, yes, but incremental.“And myriad challenges remain. Khan points out that the team used more energy to carry out the experiment than it generated, for...

And now for something completely different: portents of DOOOM  – by New Deal democrat. February 9, 2024 The lion’s share of the employment news recently has been very good. But not all of it. In particular, several of the annual revisions to the Household jobs Survey, and several other measures of employment and unemployment have been downright gloomy. Since I haven’t discussed them at any length, I thought I would collect them all here....

One of my themes here has been that the Biden administration and congressional Democrats should actively and publicly seek compromise with Republicans.  The events this week illustrate the logic of compromise clearly.  The perceived crisis on the southern border was probably the biggest single threat to Biden’s re-election, or at least the biggest threat that he could take action to ameliorate (unlike the risk of an economic downturn, etc.). ...