The Angry Bear

Democracy Alerts – Democrats Reintroduce Bill to Expand U.S. Supreme Court – Democracy Docket, I am certain this bill will not pass in the House. In any case, it puts SCOTUS on alert as to their politics. I would like to see Congress develop a code of ethics for SCOTUS which might go further than stacking the court with more justices. Ethical behavior on the part of justices plays into how they rule in some instances. It is all in appearances....

Why hasn’t he been here? It was maybe a decade ago when I was working for Stone Ridge, an automotive company. I was in Boston visiting a plant and picking up on their purchasing of connectors I was also cost modeling those connectors. While there, I took an evening to meet Dan Crawford for the first time at a bar which had outside tables. I know we were sampling the beer and maybe we grabbed a burger, I was new to Angry Bear and Dan gave me a...

A Fed nightmare? Housing permits and starts confirm improvement from bottom, multi-unit construction sets new record high  – by New Deal democrat Housing construction is perhaps the single most important method by which the Fed seeks to translate its interest rate policy into effects on the economy.  To be blunt, the Fed’s sledgehammer attempt via one of the most aggressive rate hike campaigns in its history appears to be on the verge of...

This is an interesting commentary by David Zipper in his talk with Henry Grabar. Henry is the author of “How Parking Explains the World.” The AB title is from two questions. David was asking Henry to explain. If you have lived in or near a large city like Chicago, you are always on the hunt for a parking space unless there is a commercial garage around. If you are living in the suburbs and have to go into the city, parking is expensive. I now...

March total business sales strongly suggest that real total sales have entered a downturn  – by New Deal democrat Today’s final significant economic report was total business sales for March. This is a nominal figure; the “real” number won’t be updated until personal income and spending is reported for April in two weeks. And here, the report was a clear negative. Not only did total March sales decline -1.1%, but January was revised down by...

I believe the true complaint is people will not work for long for an employer who screws them over on wages. They will take a job. And then the first change they get, they will leave for another job offering higher wages and better benefits. Especially now, when Labor is “still” scarce. Unless of course, they lack education or experience. Even with experience, you may come out on the wrong end of an offer. Working in the fields I did in supply...

I do not believe there is anything shocking enough to get Americans to react to deluge of killings from bullet-spewing-weapons. No matter what happens, everything goes back to the way it was pre-mass murders. In this case we have had multiples of shootings of 4 or more which qualifies as a mass shooting. Our elected officials say their piece and quietly go back to the work of argument. US on track to set record in 2023 for mass killings after...

April industrial production looks great! – until you account for the March revisions  – by New Deal democrat The second of this morning’s three significant economic releases was April industrial production, and here the revisions were very important. In April total production increased 0.5% from March, but March itself was revised downward by -0.5%, so the net result was unchanged. Manufacturing production increased 0.9% from March, but...

Get busy winning, Digby’s Hullabaloo, Tom Sullivan Or get busy watching freedom die . . . Blue America‘s Howie Klein (Down With Tyranny) points to an old idea still current and still popular: FDR’s proposed Economic Bill of Rights (1944). Our political bill of rights, FDR saw, was inadequate for assuring “equality in the pursuit of happiness.” “I see one-third of a nation ill-housed, ill-clad, ill-nourished. The test of our progress is...

Dan’s Open Thread May 10, 2023 – Angry Bear (angrybearblog.com) Tags: open thread