The Angry Bear

[unable to retrieve full-text content]Reading this, about companies reacting (if the author is correct) to tariffs is not a good sign for us. We already have seen an example of the morality of companies in their downsizing of packaging (which has yet to go away) of their food product plus an adder of a few pennies here or there. […] The post Discussing the Impact of Tariffs appeared first on Angry Bear.

[unable to retrieve full-text content] – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Briefly . . . With the hurricane-induced weakness past, the short term forecast has improved to very positive. At the same time, while a few series have whipsawed the coincident nowcast to a neutral status. Importantly, consumer spending still remains strong. As […] The post New Deal democrats Weekly Indicators November 18 – 22 appeared...

[unable to retrieve full-text content]Other groups interested in who wins the election as well as SEnate races, etc, Crypto’s $245 million campaign finance operation filled airwaves with ads not about crypto, CNBC In Nevada’s 4th Congressional District, a crypto PAC spent nearly $2 million on ads this cycle to support the reelection of Steven Horsford, a Democratic congressman who’s […] The post Crypto’s $245 million campaign finance operation filled airwaves...

[unable to retrieve full-text content]I believe it is more than just GM sticking it to Labor. Increasing food prices. Each major automotive company laid off thousands. Some examples of sticking to the population. Eggs in particular saw an increase. Packaging was made smaller. Some examples: – Fritos Scoops: “Party Size” bags used to be 18 ounces, but are now 15.5 […] The post The Reason Dems Lost this Election? Layoffs and Prices. appeared first on Angry Bear.

[unable to retrieve full-text content]Trumps 2017 Tax Break Extension chart and explanation . . . Sources: CBO (for most provisions), *JCT( R&E provision), **CRFB (Interest provision) New estimates from the Congressional Budget Office (CBO) put a price tag of nearly $5 trillion on extending all the Trump-GOP tax law, which is mostly scheduled to expire at the end of 2025. That is more […] The post Extending Trumps 2017 Tax Cuts appeared first on Angry Bear.

[unable to retrieve full-text content]I am going to write a series of posts on Kahneman, Twersky, and their many many followers They will be posted on the principle that something is better than nothing. “Citation needed” would often appear on Wikipedia as I will cite as “I vaguely recall reading somewhere.” Also the reverse chronologicical order will create problems […] The post Some Thoughts on Psychology of Heuristics and Biases appeared first on Angry Bear.

[unable to retrieve full-text content]Dean Baker: “Story telling attracts attention and sells newspapers.” I was reading at another site which was making the argument of Medicare Advantage plans being less costly than Traditional Medicare. It cites a truism that Medicare Advantage offers Part D and Supplemental in its package while Traditional Medicare does not. That is true. However, Medicare […] The post Being atypical is “not representative of a type, group, or...

[unable to retrieve full-text content]If it bleeds, it leads. CNN has a piece about Ramon Rivera, who randomly stabbed three people in NYC. He was mentally ill, in and out of Rikers and mental health facilities. He’s like a drunk driver who has a history of alcoholism. “New York City Mayor Eric Adams described Rivera as a homeless man […] The post The economics of mental illness appeared first on Angry Bear.

[unable to retrieve full-text content]Why The Gaetz Defeat Really Matters The first step of defiance is the hardest. Senate Republicans took it. William Kristol and Andrew Egger Earlier this week, we reported on Robert F. Kennedy Jr.’s 2020 dalliance with the “plandemic” conspiracy theory. Turns out that dalliance goes deeper than we previously knew. The social media account Patriot […] The post The Appointments appeared first on Angry Bear.

[unable to retrieve full-text content]An interesting phenomenon occurred from 2020 – 2023. Hourly wage labor experienced increasing wages during the pandemic. A recent NBER report by David Autor, Arindrajit Dube, and Annie McGrew susply the data creating a foundation for the Labor v Salary words. To display I provided an additional graph besides the one shown by The Bulwark’s […] The post Hourly Wage Labor Benefited more, 2020 to 2023 than Salaried appeared first on Angry...