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The Angry Bear

How the Poverty Rate is Determined

One of the biggest issues in the US is who lives in poverty and how it is determined. People get upset when there are people living on food stamps. Unfortunately, many of us do not know how the government does determine poverty. I am hoping this may explain it somewhat. This report is providing estimates of two measures of poverty: the Official Poverty measure and the more recent Supplemental Poverty Measure (SPM). Used since the 1960s, the...

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The Plan to destroy Obamacare

Some of the worst performing cars ever made looked great on the outside and had serious mechanical, etc. problems. Made in America and were flashy but they could not mechanically perform as well or last. It took a while before many of us growing up started to walk past the flash and bought something more dependable. With Trump selecting Vance he gains the flash . . . however, neither Republican candidate is dependable for US citizens. All flash and...

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The ISM services index, measuring 75% of the economy, sounds an ‘all clear’ – for now, anyway

 – by New Deal democrat Recently I have paid much more attention to the ISM services index. That’s because, since the turn of the Millennium, manufacturing’s share of the economy has contracted to the point where even a significant decline in that index has not translated into an economy-wide recession, as for example in 2015-16.  When we use an economically weighted average of the non-manufacturing index (75%) with the manufacturing index...

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High fructose corn syrup and your health

High fructose corn syrup (HFCS) is everywhere—salad dressings, catsup, carbonated beverages. Fructose is sweeter, per unit mass, than cane sugar (sucrose), and apparently keeps better, so is a favored sweetener by the food industry. Unlike glucose, fructose in converted to free fatty acid in the liver and thus can contribute to hyperlipidemia, diabetes and heart disease.I’ve avoided high fructose corn syrup mostly because ever since I stopped eating...

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Covid Reporting

R. J. Sigmund September 29, 2024 The major Covid demographic metrics we track continued to trend lower this past week, but we have a new recombinant mutant out there that is multiplying quite rapidly and is forecast to become the dominant strain, probably just in time for the annual winter holidays infection wave. Among the CDC’s “early indicators” “test positivity”, or the percentage of tests for Covid that were positive, fell to 11.6%...

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Why avoided or imaginary emissions are the future of carbon accounting

by Lloyd Alter Carbon Upfront Scope 4 emissions help me justify my flight to New Zealand and compensate for its carbon footprint. I apologize for my posts not showing up at the usual times; I got back from Australia and New Zealand with a crushing jet lag that I still haven’t recovered from, with a cold thrown in as well. I hope to be back to my usual programming shortly. Everyone is talking about “Scope 4” and “avoided emissions” these...

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Unwilling or Unable to Move

Partisan Divide? Per the poll discussed below, only 48 percent of Trump supporters got raises while 72 percent of Biden supporters got raises.  27 percent of Trump supporters had changed jobs while 43 percent of Biden supporters had changed. Data and Reporting Again today Paul Krugman said “the average worker’s purchasing power is higher than it was five years ago.”  Dean Baker has also made the same observation, saying “workers in the...

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September: A “soft landing” jobs report. But will the Fed use this to fall behind the curve again?

 – by New Deal democrat Especially in view of the relative weakness in the jobs report for the past few months, my focus continues to be on whether jobs gains are most consistent with a “soft landing,” i.e., no further deterioration, or whether there is further decline towards a recession.  For this month at least, the verdict was clear: both the Establishment and Household Surveys pointed to “soft landing.” Below is my in depth synopsis....

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Stress and the PhD

I was married by the time I started graduate school. I suspect that being in a committed relationship, and in particular with someone who was also a grad student, kept me centered during the stressful times. Perhaps these were different times, but a recent study shows that today’s PhD students are struggling with mental health issues: “The researchers compared the rate at which PhD students, people with master’s degrees and a sample of the...

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Jack Smith’s Brief and What It Means

Interesting read as written by Attorney Joyce Vance. by Joyce Vance Civil Discourse On Wednesday, Judge Tanya Chutkan unsealed a redacted version of Jack Smith’s immunity motion. Now we have a clear view of what Smith believes is still on the table after the Supreme Court’s decision. The short version: just about everything. Smith acknowledges that the Court took Trump’s interactions with DOJ officials out of the case, but he argues that...

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