The Angry Bear

Political declaration of independence (reprise), Infidel753, Blogger and Commenter I know Infidel from Crooks and Liars where he would moderate Mike’s Blog Round Up and feature Angry Bear from time to time. Infidel writes some pretty darn good posts on his own site of the same name. This particular post is about the Virginia election pre-Virginia election. See if you agree with Infidel. _________ It’s now exactly four months since...

“Constitutional Sheriffs” and “Posse Comitatus,” Econospeak, Barkley Rosser  In the mid-1970s when I was finishing my Ph.D. diss and also working for the Wisconsin Department of Natural Resources in its Water Quality Bureau, where I was mostly dealing with sewer systems issues, the Wisconsin branch of the Posse Comitatus was attacking and “arresting” individuals from my department who were trying to enforce limits on fishing of certain fish in...

“Constitutional Sheriffs” and “Posse Comitatus,” Econospeak, Barkley Rosser  In the mid-1970s when I was finishing my Ph.D. diss and also working for the Wisconsin Department of Natural Resources in its Water Quality Bureau, where I was mostly dealing with sewer systems issues, the Wisconsin branch of the Posse Comitatus was attacking and “arresting” individuals from my department who were trying to enforce limits on fishing of certain fish in...

October jobs report: a very strong report putting to rest questions about the strength of the expansion  In the light of the last two month’s relatively “poor” jobs readings, an important question was what was going to happen with revisions. As we will see below, they really delivered! – big positive revisions to both of the last two months’ numbers. Additionally, I have been watching manufacturing hours and payrolls, to see if that white-hot...

October jobs report: a very strong report putting to rest questions about the strength of the expansion  In the light of the last two month’s relatively “poor” jobs readings, an important question was what was going to happen with revisions. As we will see below, they really delivered! – big positive revisions to both of the last two months’ numbers. Additionally, I have been watching manufacturing hours and payrolls, to see if that white-hot...

 by New Deal democrat Weekly Indicators for October 1 – 5 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. As I point out from time to time, one of the biggest values in tracking data that is reported with high frequency, i.e., weekly as opposed to monthly or quarterly, is that you are able to spot changes in trends much more quickly. Apropos of which, the surge in consumer spending + shipping bottlenecks had caused...

 by New Deal democrat Weekly Indicators for October 1 – 5 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. As I point out from time to time, one of the biggest values in tracking data that is reported with high frequency, i.e., weekly as opposed to monthly or quarterly, is that you are able to spot changes in trends much more quickly. Apropos of which, the surge in consumer spending + shipping bottlenecks had caused...

Layoffs, wages, and labor costs: three measures of the labor Boom, New Deal democrat Initial claims declined another 14,000 this week to 269,000, and the 4 week average declined 15,000 to 284,750, both new pandemic lows: For the past 50 years, initial claims have only been at these levels briefly at the peak of the late 1990’s tech boom, and from 2015 to just before the pandemic in 2020. Continuing claims also declined 134,000 to...

Layoffs, wages, and labor costs: three measures of the labor Boom, New Deal democrat Initial claims declined another 14,000 this week to 269,000, and the 4 week average declined 15,000 to 284,750, both new pandemic lows: For the past 50 years, initial claims have only been at these levels briefly at the peak of the late 1990’s tech boom, and from 2015 to just before the pandemic in 2020. Continuing claims also declined 134,000 to...

There were two pieces of good news yesterday:  the big job gains in October, perhaps due to the waning of the delta-fueled covid-spike, and the new Pfizer covid pill, which is reported to be 89% effective at preventing severe illness and death. Coming after the demoralizing mid-term election, this is indeed very welcome.  But welcome news is not enough.  Democrats need to take this as an opportunity to reboot the national conversation on covid and...