The Angry Bear

That is unless he changes his mind. You have to remember; Justice Clarence Thomas dropped an open hint that Special Council Jack Smith’s appointment may not be legitimate. AG Merrick Garland has weighed in on this . . . Attorney General Merrick Garland defended his appointment of special counsel Jack Smith on Tuesday as the department appeals a ruling finding he was wrongly appointed, saying he wouldn’t make such a “basic mistake.”...

Economist Robert Reich offers up his opinion on JD Vance’s BS claims of tariffs not raising prices. Vance also wishes the tariffs brought a significant number of jobs to or were created in the US. Wrong on both accounts. Did this guy really go to Yale? Vance’s Trumped-Up Economics Today, Republican vice-presidential nominee JD Vance told NBC News that the tariffs Trump imposed during his term in office had not raised prices for Americans...

Increasing profits far above actual costs. Think Medicare Advantage as compared to Medicare. Over the past 20 years, the prices of hospital services have grown faster than any other sector of the US economy. Unfortunately, the federal government recently issued a regulation intending to address underpayment of hospitals by Medicaid. However, the new rule could push hospital prices higher for 66 percent of the US population who have commercial...

I have posted about rural hospitals here, here, and here. Resources found at various hospitals can be defined by location. Rural hospitals may have less resource and capability than urban hospitals plus greater costs. Resources may be less due to cost which does not change but has a larger impact on a rural hospital due to patient usage. The cost is not spread across greater usage. Usage has to cover costs or the smaller hospital is in danger of...

New Deal democrat talked about the issues of the difference in Household and Establishment population numbers here and here (Bonddad Blog) and also on Angry Bear. I also added some detail in two separate posts also. Accordingly, New Deal democrat; “A big current issue with the Household Survey is whether, by relying on Census estimates, it has substantially underestimated population growth, and in particular immigration-driven growth, in the past two...

This did not start with Biden. When trump lost to Biden, Repubs started to advertise US borders were open for immigrants. A complete turn around from when Repubs held the presidency. The issue became bigger and Republicans helped to make it bigger. James Carville defended the Biden administration’s border policy Friday during a one-on-one interview with Fox News host Sean Hannity. The discussion spiraled into a broader debate on national...

If the world is to decarbonize energy without a major economic collapse, nuclear power must be part of the picture. Solar and wind energy generation are growing world-wide, but both will always have to deal with the intermittency problem. Batteries and hydroelectric storage can address some of this, but alternative energy sources must be available for back-up on cloudy days and during still air. The only realistic alternative is nuclear.Despite the...

Or does he? Economist Tom Palley has an interesting piece up at his site of the same name. Subtitled; Economics for Democratic and Open Societies. I did not post all of it as Tom Palley raises the question early on in his commentary. When does Russia Putin finally says “enough is enough” as they are pushed back by Ukraine? If the news is correct in reporting, Ukraine may have Russia on the ropes in its latest attack. Ukraine’s Hiroshima moment...

Weekly Indicators for August 19 – 23 at Seeking Alpha  – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. This week, for the first time in several years, the number of long leading indicators improved just enough for me to move the rating from “negative” to “neutral.” And the short leading indicators are lopsidedly very positive. As usual, clicking over and reading will bring you up to the virtual moment on the...

I had studied architecture in the Chicago high school I attended and found the idea of drafting homes and buildings with the other features to be interesting. Why(?) is another story. What interfered with my going further into the interest was “not ready for college,” a war-time US, and probably the lack of maturity then. When I left the Corps and returned to Chicago with a wife, I discovered a lack of a college degree impeded my ability to...