The Angry Bear

A lot of good and assorted News topics to be read. I did not include any about the upcoming election. I did include one on polling. The same as 2020, I believe the polling results are tainted. We are not getting a clear picture from polling or news reporting. That is just one of 30-something articles and links here this week. Heavy on healthcare. and the Economy, otherwise an eclectic mix of assorted news topics. Politics “Only the GOP...

Manufacturing, construction, and job openings all show an economy under stress – by New Deal democrat As usual, we begin another month with important manufacturing and construction data. Additionally, the JOLTS report for September was also released. The ISM manufacturing index has a very long and reliable history. Going back almost 75 years, the new orders index has always fallen below 50 within 6 months before a recession, and in three...

Cheap labor versus Innovation . . . “Dutch innovators vs Dutch farmers,” The one-handed economist, David Zetland. This past weekend, I visited the Dutch Design Week exposition in Eindhoven (home of Philips). There were  hundreds thousands of interesting (and sometimes baffling) displays, demos and ideas scattered around town. One that caught my eye was from a team trying to sell an “easy harvesting” devise that could be used on small-scale...

While I was away . . . Personal income and spending for September Real personal spending increased +0.3% in September, while real income increased less than 0.1%, rounding to unchanged: Since May 2021, after the last round of pandemic stimulus expired, real spending is up 3.3%; but real income is down -2.0%: Real personal spending had stalled in late spring and summer, but in the last two months – aided by revisions – has increased...

“Open thread October 28, 2022,” – Angry Bear, angry bear blog Tags: Open Thread November 1 2022

The destruction of the Congressperson occurs near the end of the first clip. In the beginning of the clip, Margaret Brennan is discussing various issues. She begins by building a foundation of statements. At the end, she asks why is he firing the weapon when stating we should fire Pelosi? I do not get the bravado of some of these “wannabes.” Margaret Brennan is right. GOP Rep. Tom Emmer actions incite others to violence. “CBS Anchor Margaret...

The Humiliation Of Hu Jintao  The recently completed onec-every-five-years Party Congress in China, which confirmed Xi Jinping for a third term as General Secretary of the party, punctuated his apparent assumption of essentially total power by humiliating his predecessor, Hu Jintao, in its final session. At the beginning, he was forced to leave the session, with two men clearly pulling on his clothing in a widely seen video to make him get up and...

Two posts are at the bottom of this one. Just talking about on-purpose emission of exhaust by pickup trucks which have had the emissions control devices altered. They did this to blow black exhaust out of their exhaust. This report on Treehugger is an update on how well the world is doing. Simple terms, it ain’t. The goal with the implementation of conditional NDCs, plus additional net-zero commitments, was to achieve a 1.8°C rise. The United...

“October 29, 2022“, Letters from an American, Prof. Heather Cox Richardson, (substack). “Democrats Aren’t Moving Left. They’re Returning to Their Roots.” The Democrats have been leftists for a long time, It took a while before they would come out as supporting Black America to the same level as White America. The column gives an accurate history of how civil war Republicans became the Democrats of today. This week, news broke that as a guest...

Weekly Indicators for October 24 – 28 at Seeking Alpha  – by New Deal democrat My Weekly Indicators Post is up at Seeking Alpha. Slowly even more indicators are deteriorating in several timeframes. As usual, clicking over and reading will bring you up to date on the economy, and bring me a little reward for my efforts. “New Deal democrat’s weekly indicators for October 17 – 21,” Angry Bear, angrybearblog....