The Angry Bear

If I was going to guess, and I do not have to do so, it appears the US is retooling to update capabilities. Maybe they will put forth a plan to minimize inventory too. The source of all this retooling? Probably using up the money made during the pandemic and also government funds invested in infrastructure. And maybe, they are creating minimal setups to handle a variety of product like we did for one supplier of hoods to Chrysler. Automotive still...

 Lawrence Mishel and Josh Bivens  at Economic Policy Institute take a look at why wages have been relatively flat compared to productivity gains in the US economy, inequality of compensation, and declining share of income between labor and capital. Broad strokes but helps with context and suggesting ideas for current government actions. Inequalities abound in the U.S. economy, and a central driver in recent decades is the widening gap...

On Labor Day 2022, how well is labor doing? This is Labor Day, so let’s take a look at a few metrics of how labor is doing. As an initial aside, occasionally I get asked why I write about expansions and recessions. An important reason is, pretty much by definition during recessions jobs and income decline. During expansions they, well, expand. So forecasting whether the period ahead will feature better or worse conditions for job-holding and...

We need to make a long-term commitment to Ukrainian victory.  Jack Watling: Given that offensive operations to liberate occupied territories are likely to run through 2023 and are dependent upon Western aid, it is important that Ukraine’s international partners stop periodic announcements about specific lists of equipment and instead articulate a longer-term commitment to structural aid out to 2024. The reasons for this are straightforward....

A bit of an intro for Weldon. A good writer who I knew at Slate’s, “The Best of the Fray.” In contrast to what is there at Slate now, we far surpassed its present quality. Just a quiet read on Labor Day. “Slacker Sunday,” Bad Crow Review, Weldon Burger (author) “A dog howls at daybreak,” Years back a friend had a bloodhound called Elvis. The dog sounding off in the wee-ish hours this morning sounded like kin. The eyes are the...

In 2020, after Democrats had retaken control of the House of Representatives, the third version of the larger bill managed to actually pass the House under the more reasonable title of the Patient Protection and Affordable Care Enhancement Act. Of course, it didn’t even get a vote in the Senate. In early 2021, a temporary version of this bill by Rep. Lauren Underwood, was in the American Rescue Plan (ARP). It passed both the House & Senate on...

A bit of history leading up to the creation of Labor Day as a holiday, the first day of celebration, the politics, how it came to be, and the politics as told by Prof. Heather. That first celebration being held September 5, 1882; at noon that day, when the marchers arrived at Reservoir Park, the termination point of the parade. While some returned to work, most continued on to the post-parade party at Wendel’s Elm Park at 92nd Street and Ninth...

How we got to this point? Maybe now seems like a good time to review the five core truths about the Russia scandal. “Lest We Forget …” | Homeless on the High Desert, August 29, 2022, g’da said “It was a few days after the FBI executed a court-approved search warrant at Mar-a-Lago. Donald Trump started complaining anew about the investigation into the Russia scandal, reiterating his familiar belief that the controversy ‘was a hoax.’” The former...

This was sent to me by Dale Coberly. I was wondering why Dale was sending me trash advertisements. Skimmed it and then it dawned on me. Much of this advertising is made to sway people’s minds to do something. It is the type of advertising I sometimes wish to throw a shoe at the 65-inch screen when it should be shown on a 12 -inch screen. It is especially aggravating, when the advertising includes the famous, the rich, the good-looking, etc....