The Angry Bear

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...

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....

What happens to employment when the minimum wage is increased? USAFacts Open thread and QOTD, Angry Bear, Joel Eissenberg, November 8

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...

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...

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...

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...

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...

A commenter on AB recently noted that EVs are dead, to which I responded that there sure are a lot of zombie EVs here in East Providence.Kevin Drum has a post up about EVs showing that zombie EVs have been proliferating exponentially since 2011 and arithmetically since 2020. So many dead EVs. Who knew?zombie EV sales Tags: Electric vehicle sales ...

When I started as a PhD student at UNC-Chapel Hill, my stipend as an NIH trainee was $3900/year (ca. $20K in today’s dollars). When I started as a postdoc at Washington University in 1982, my salary was $12,800 (ca. $41K in today’s dollars). At the time, I regarded this as the opportunity cost of PhD and postdoc training. 2023 me is satisfied that I was able to make up that opportunity cost on the spreadsheet, not to mention job satisfaction that...