The Angry Bear

“France Is Furious”: Anger Grows at Macron for Raising Retirement Age as Millions Strike and Protest (rsn.org), Democracy Now. This is what happens when you let “the government” (“rich” taxpayers of a “progressive” tax) pay for your Social Security.  American Social Security was created “worker paid” by FDR exactly to avoid this (“so no damn politician can take it away from them”). And for more than 80 years that has worked.  but lately the...

With the exception of the One-handed Economist, quite a few of these consumerism and environmental articles show up in my In-Box. Some of them are actually quite good. In the past I did have some of them my In-Box Post. I thought this time I would break them out separately. Most of the are from Treehugger and Consumer Affairs. Consumerism: What is credit and how does it work? ConsumerAffairs, Jessica Render. People are getting credit from...

Katie Porter on Social Security. Can you spare a bit more than three minutes? [embedded content] Three of the many Republicans who are absolutely not for the People. Social Security & the Debt Limit, Angry Bear, Bruce Webb. Tags: debt, Katie Porter ...

Weekly Indicators for March 20 – 24 at Seeking Alpha  – by New Deal democrat I’ve neglected to put this up for the past several weeks, but by now you know where to find my latest Weekly Indicator post at Seeking Alpha. Probably unsurprisingly, in the week after the Silicon Valley Bank failure, just about every financial stress indicators suddenly spiked. In other words, credit conditions, which had already tightened by the end of last year,...

Everything you didn’t know you need to know about the Postal Service’s new commercial, Save the Post Office, Steve Hutkins. Last week the USPS Link had an article — titled “Get a ‘Move’ on” — announcing the Postal Service’s new TV commercial. The commercial is called “Orchestrated Delivery,” and its theme is “We’re reinventing our network” — a reference to the way thousands of letter carriers across the country will soon be relocated from post...

Via Diane Ravitch’s blog comes this note and bio to watch Dr. Fenwick livestream presentation. I am pointing to her work as somebody worth a look. Living with Histories That We Do Not Know with Leslie Fenwick  Tuesday, April 11, 4 p.m. ET Dr. Fenwick will draw on her sustained contribution to education policy research and groundbreaking findings from her recently published award-winning and bestselling book, Jim Crow’s Pink Slip. Dr....

This is a mixture of my comments and comments pulled from multiple sources (BLS, Cosmopolitan, , Why do Child Labor Laws Matter? Federal laws provide a minimum of protections for child labor. The laws were enacted nearly a century ago in reaction to children being exposed to dangerous activities. Edwin Markham “Child at the Loom.” Cosmopolitan There was a time in this country when young children routinely worked legally. As industry grew in the...

There is now only one significant manufacturing datapoint that is not flat or down – but it’s the one the NBER relies upon  – by New Deal democrat I am increasingly of the opinion that at the moment, the only two economic data series that are important are nonfarm payrolls and the personal consumption expenditure deflator. That’s because almost every other important metric of the economy is either flat or declining. But payrolls keep chugging...

This is a story or at least I tried to make it into more like one. The longer version can be found at the Propublica link. I took parts of it linking them together using mostly their wording and blending it with mine. Money and Corporate influence still wins . . . The U.S. Never Banned Asbestos. These Workers Are Paying the Price, ProPublica, Kathleen McGrory and Neil Bedi A few miles up from Niagara Falls was the OxyChem’ facility. The plant’s...

[embedded content] If you think there is abuse in our welfare system, in this case TANF, you are correct. Only, it is not the people for whom the system is suppose to be helping. In fact, there are state who are sitting on the money not having spent/distributed it as they should have. As usual, John does a great job on this issue. “States have broad flexibility over the use of state and federal Temporary Assistance for Needy Families (TANF)...