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The Angry Bear

Legislation to Alleviate Administrative Burdens for Family Caregivers

To detail why this is so important, I turn to Doctor Barry J. Jacobs: “Caregivers, like marathon runners, must learn the lay of the land, find a sustainable pace and accept replenishment along their journey if they have any hope of gamely persevering from start to finish line. With this metaphor in mind, we can say that the family member who accepts this role blindly is akin to the misguided runner in Crocs and jeans with no clue about how far...

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Open Thread November 5 2023 Drift of Earth’s Pole

“Direct observational evidence supporting this estimate has been lacking. In this study, we show that the model estimate of water redistribution from aquifers to the oceans would result in a drift of Earth’s rotational pole, about 78.48 cm toward 64.16°E.” Drift of Earth’s Pole Confirms Groundwater Depletion as a Significant Contributor to Global Sea Level Rise 1993–2010 – Seo – 2023 – Geophysical Research Letters – Wiley Online Library Open...

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Swift but Not Serious

I believe that I have caught a typographical error in the New York Times. The article is interesting, it alleges that Taylor Swift fans may decide the Argentinian presidential runoff (voting for the center left Sergio Massa and not for the right wing Javier Milie). A pop singer with actual measurable political influence (in a foreign country even) makes me think of the 70s as does Javier Milie’s hairstyle (longish, tousled, & with sideburns...

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October jobs report: more deceleration, in the weakest report (except for June’s) since March 2021

New Deal democrat’s October Jobs report is again featured at Angry Bear. You can also pick-up the September 2023 Jobs Report from the link at the end of this report. This is the most complete monthly review on Unemployment Rate, average hourly earnings (minus management), which way job growth or decline is going, and a summary. NDd also writes at Seeking Alpha and does a Weekly Indicator Report there also. He has been writing at Angry Bear for a few...

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Freight and people shouldn’t mix on the roads

I agree with Lloyd’s dad Gabe and also Lloyd. Big trucks including construction vehicles exceed the speed limit. Their weight does not enable them to stop in short distances. The results of a collision with automobiles is catastrophic with people in cars being seriously injured or dying. The volumes being moved long distances are better served by rail to nearby land ports and off loaded to short haul trucks. This is what mostly occurs with loads...

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Illegal immigration and Social Security/Medicare

In a previous post, I mentioned an effective way to curtail illegal immigration—require all employees to be screened through E-Verify—and some reasons why it won’t be adopted. Another disincentive to deterring illegal immigration is that it subsidizes Social Security and Medicare:“ . . . illegal immigrants as a group are net contributors who partially pay into the trust funds while receiving little in return, but amnesty would transform them into net...

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Initial Jobless claims: were the recent lows just unresolved seasonality after all?

Initial claims: were the recent lows just unresolved seasonality after all?  – by New Deal democrat Initial jobless claims rose 5,000 to a 7 week high of 217,000 this week. The 4 week moving average rose 2,000 to 210,000 from its 9 month low of 208,000 last week. With the usual one week delay, continuing claims continued their recent sharp ascent, up 35,000 to 1.818 million. Aside from 2 weeks in April, this is the highest level of continuing...

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Financial Engineering’s Impact on Hospitals and Healthcare Delivery

This is a smaller version of a larger article in The Atlantic. I believe I have captured all of the issues needing to be presented. A hospital’s delivery of healthcare is more than just profit-taking to which the big firms invest their money. With the involvement of private equity firms buying up hospital chains, the hospitals are being squeezed for their returns, saddled with debt, and leaving a shell of what was worst then before. Along the way, a...

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September JOLTS report shows continued deceleration in all trends – except layoffs

September JOLTS report shows continued deceleration in all trends – except layoffs  – by New Deal democrat All of the major metrics in last month’s JOLTS report for August improved, most slightly, but the decelerating trend continued. In this morning’s report for September, that trend continued, as most of the metrics improved or declined very slightly, but the trends remained intact. Here are openings (blue), hires (red), and voluntary...

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Getting serious about illegal immigration

I see where the latest gambit by House Republicans is to tie Ukraine aid to immigration “reform.” Setting aside the fact that aid to Ukraine is, like most foreign aid, a subsidy for US business, the linkage to immigration is a red herring. All the current approaches are failing, are doomed, and are a waste of taxpayer money, something the GOP pretends to care about.I’ve long held that the solution to most undocumented immigration is to reduce...

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