The Angry Bear

Federal Budget, Why Should you Care About the Federal Budget, (nationalpriorities.org) It appears, we need to better understand what we are talking about. Or at least establish a foundation for our words which I believe we take for granted. I took the liberty of pulling this up from a site. It is pretty basic. Borrowing and the Federal Debt In any given year, if federal revenues and government spending are equal – as in, the government takes...

Federal Budget, Why Should you Care About the Federal Budget, (nationalpriorities.org) It appears, we need to better understand what we are talking about. Or at least establish a foundation for our words which I believe we take for granted. I took the liberty of pulling this up from a site. It is pretty basic. Borrowing and the Federal Debt In any given year, if federal revenues and government spending are equal – as in, the government takes...

Three healthcare issues that are relevant to today. Things we should be talking about. If you remember Merrill Gooz had a chart up showing healthcare costs have been around 17%. For more than a decade, CMS and CBO consistently overestimated the growth in health care spending, which undermines efforts to spend more on health-related social needs. Health Care Costs Will Comprise About 20% of US Economy by 2031, JAMA Network, Emily Harris. The...

Three healthcare issues that are relevant to today. Things we should be talking about. If you remember Merrill Gooz had a chart up showing healthcare costs have been around 17%. For more than a decade, CMS and CBO consistently overestimated the growth in health care spending, which undermines efforts to spend more on health-related social needs. Health Care Costs Will Comprise About 20% of US Economy by 2031, JAMA Network, Emily Harris. The...

Industrial and manufacturing production continue to falter  – by New Deal democrat I frequently call industrial production the King of Coincident Indicators, because so often the turning point in this metric has been at the peaks and troughs of the economy as a whole. That has not been the case since last September, when this indicator last peaked. And it continued its declining trend in June. Total production declined -0.5%, and...

Industrial and manufacturing production continue to falter  – by New Deal democrat I frequently call industrial production the King of Coincident Indicators, because so often the turning point in this metric has been at the peaks and troughs of the economy as a whole. That has not been the case since last September, when this indicator last peaked. And it continued its declining trend in June. Total production declined -0.5%, and...

June retail sales continue to falter, with the important exception of motor vehicles  – by New Deal democrat As usual, retail sales is one of my favorite indicators, because it tells us so much about the 70% of the US economy that is consumption, as well as being a short leading indicator for employment. It has been faltering for the past year, and June was no different. Last month retail sales increased 0.2% nominally, but because consumer...

June retail sales continue to falter, with the important exception of motor vehicles  – by New Deal democrat As usual, retail sales is one of my favorite indicators, because it tells us so much about the 70% of the US economy that is consumption, as well as being a short leading indicator for employment. It has been faltering for the past year, and June was no different. Last month retail sales increased 0.2% nominally, but because consumer...

Dear Reader Dale Coberly: Bill has asked me to comment on an article appearing on the internet at wealthynickel.com under the title With Social Security on Brink of Collapse, Dramatic Changes Coming – Some With ‘Bipartisan Support’ written by Andrew Herrig, who calls himself a finance expert and says his expert financial advice has been featured on CNBC, Entrepeneur,Fox News, GOBanking rates, MSN, and more. Herrig says Lawmakers have a...

Dear Reader Dale Coberly: Bill has asked me to comment on an article appearing on the internet at wealthynickel.com under the title With Social Security on Brink of Collapse, Dramatic Changes Coming – Some With ‘Bipartisan Support’ written by Andrew Herrig, who calls himself a finance expert and says his expert financial advice has been featured on CNBC, Entrepeneur,Fox News, GOBanking rates, MSN, and more. Herrig says Lawmakers have a...