The Angry Bear

This is Part 1 of 2 of an article by Andy Kiersz of Business Insider. Rather than smash it altogether, I thought splitting it into two likely parts would improve the presentation on Angry Bear. Gen Z, Millennials Should Stop Complaining About Baby Boomers, Economy, business insider, Andy Kiersz Nostalgia might be one of the most powerful and enduring human emotions. Civilizations have always looked to a golden age in the past when times were...

ISM manufacturing index remains in contraction, and the trend in vehicle sales may have turned down as well by New Deal democrat The ISM manufacturing index, where any value below 50 indicates contraction, once again came in negative for both the total index, at 47.4, and the more leading new orders subindex, at 47.1. Both have been indicating contraction for more than a year: Which begs the question. Because, despite a nearly flawless 75...

Dollar eases as Fed minutes offer few clues on rate cuts timeline, MSN, Markets Today Tags: monetary policy

An Updating of Medicaid disenrollments in the nation. Clicking on this tab – state data will take you to individual state numeric. Some states attack the issue of disenrollment with a relish even when the federal government is picking up most of the tab to enroll them. In the end, they will still show up at a hospital to be treated. Andrew Sprung and I exchanged a few comments the other day. My suggestion was to enroll people automatically into...

Having gone from trump to Biden. a person who I thought would never make a good president makes Steve’s argument on Bad Government being the problem when trump was the president. Asymptosis » Government is Not the Problem. Bad Government is the Problem, Steve Roth. And the solution to bad government is … good government. A lot of people — maybe even most Americans — think that making government smaller will make it better. But that...

New Year, same old labor market deceleration  – by New Deal democrat This morning’s JOLTS report for November continued the same trend of labor market deceleration that we have seen since the blazing hot boom of 2021. Job openings declined -62,000 to 8.790 million, the lowest level since March 2021. Actual hires fell sharply, by -363,000 to 5.465 million, the lowest since the pandemic lockdown month of April 2020. Quits declined by -157,000...

Introduction: Nice piece on how Americans are so tied to their gasoline powered cars, pickup trucks, etc. and the impact on cities and environment. What is key to this article and the author’s thought is this statement: “The obvious solution … lies only in a radical revision of our conception of what a city street is for.”  Where I live, the smaller city is 30 minutes away at 65 MPH (if they are doing such). If you drive faster, maybe you...

Strictly a copy and paste of the Senate Finance Committee Chair Senator Ron Wyden Committee Report. I can not add to this other than say, repeal the 2017 Tax Act. Interim Report: Big Pharma Tax Avoidance Senate Finance Committee Investigation Reveals Extent to Which Pharma Giant AbbVie Exploits Offshore Subsidiaries to Avoid Paying Taxes on U.S. Drug Sales. The Provisions in the 2017 trump Republican tax law allows AbbVie to generate most of...

Construction spending continued to increase in November  – by New Deal democrat I’m feeling a little under the weather today, so I am going to keep this brief. Total construction spending rose 0.4% in November, while residential construction rose 1.1%: Keep in mind that these are nominal numbers, affected by the cost of construction materials. Typically residential construction moves in tandem with building units under construction....

January 1, 2024, Letters from an American, Prof. Heather Cox-Richardson On January 1, 1863, President Abraham Lincoln signed his name to the Emancipation Proclamation. He said . . . “I never in my life felt more certain that I was doing right, than I do in signing this paper. If my name goes into history, it will be for this act, and my whole soul is in it.” The Emancipation Proclamation provided that as of January 1, “all persons held as...