Successful Economy or failing economy, this person of no distinction should be denied the presidency. November 13, 2023, Letters from an American, Prof. Heather Cox Richardson In a speech Saturday in Claremont, New Hampshire, and then in his Veterans Day greeting yesterday on social media, former president Trump echoed German Nazis. “In honor of our great Veterans on Veteran’s Day [sic] we pledge to you that we will root out the...
Read More »Changing Social Security Sooner Rather Than Later, Avoiding a Shortfall
I was following the links in Dale’s latest commentary on Social Security and clicked in to see what Dale was discussing in his commentary. I was able to web capture the chart (below) which I believe accurately depicts what Dale is writing about in his commentary. The chart is a depiction of a one tenth of one percent increase yearly for the employer and the employee. There are other solutions to the short fall of Social Security funding. As...
Read More »Why Biden is in trouble about the economy
Why Biden is in trouble about the economy – by New Deal democrat A big focus of political discourse in the past two weeks has been about why Biden seems to be polling so poorly against Trump, and in particular has not consolidated support among younger voters. Since the economy is always a very important component of voter intentions, unless there is a major superseding event like 9/11, economic performance has historically been a good...
Read More »A Snippet from the Court Hearing – Attack on Paul Pelosi
As taken from Civil Discourse. The attack on Pelosi’s husband. This is not major news until you get to the third paragraph. You then read about how the fat xxx is making light of the attack on Paul Pelosi with hammer. I can tell you what treatment prisoners might receive in person from levels 1 to 4. I would love to see trump in a level 4. Won’t happen. Possibility of a Level 2 with exposure to other prisoners. Watch how you name quickly fades....
Read More »Open Thread November 13 – What happens to employment when the minimum wage is increased?
What happens to employment when the minimum wage is increased? USAFacts Open thread and QOTD, Angry Bear, Joel Eissenberg, November 8
Read More »Replacing Adults with Children Lowers Overhead and Labor Costs
Increasing Numbers of Underage Children Employed A large portion of this post is taken from “The Unjust Cost of Child Labor,” Roosevelt Institute, as written by Alí R. Bustamante. I have added additional information from what I know and have read from current events. The Child Labor Statistics JPeg is taken from “Child Labor Violations on the Rise Amid State Efforts to Ease Laws” | Best States | U.S. News, Chris Gilligan. Oher parts of this...
Read More »SOCIAL SECURITY, A BREAK THROUGH?
Dale Coberly discussing the latest news on Social Security. SOCIAL SECURITY, A BREAKTHROUGH? Dale Coberly For years I have been trying to inform people that the great big, huge horrible “Looming Trillion Dollar Unfunded Deficit” in Social Security could be fixed forever with a one tenth of one percent increase in the Social Security tax whenever the Trustees projected “short range financial inadequacy. This would amount to about a dollar per...
Read More »New Deal democrats Weekly Indicators for November 6 – 10
I have been sharing New Deal democrats Weekly Indicators with an Edward Jones consultant who handles our funds. He was pretty impressed with the detail New Deal democrat gives here and at Seeking Alpha. He has his own account so he can go every week (I am limited). If have some time, you should explore NDd’s stats. Weekly Indicators for November 6 – 10 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking...
Read More »2022 Overpayment to Medicare Advantage? Somewhere between 22% and 35%
Maybe $88 billion and $140 billion will get your attention? Congress does not blink an eye at this expenditure. Received an email from PNHP’s Kip Sullivan who is knowledgeable on Single Payer and Medicare Advantage healthcare plans. Whenever he writes an article, he sends me an email so Angry Bear can be first in line to place it on the blogosphere. Computer was down and I am a couple of days late in posting his commentary. If you are unaware...
Read More »“No new economic data, so let me follow up some more on the issue of longer-term unemployment”
Consumption leads (longer term) unemployment, too – by New Deal democrat Once again there is no new economic data, so let me follow up some more on the issue of longer term unemployment. Earlier this week I pointed out that just as initial claims lead continuing claims, so does short term unemployment (under 5 weeks) lead long term unemployment (15 weeks and over). Think of unemployment as a pipeline, and the intake flows before the main...
Read More »