The Angry Bear

Looking at business firms by age, what type of firms create jobs, and in what industry. In manufacturing, it would be older firms (eleven years or older) creating the most jobs. Older firms of eleven or more years are also creating more jobs in Retail. As we look at each category, older firms play a distinct role in job creation. The only time we see a distinct difference is in Accommodations where start-ups and one- to five-year-old firms have an...

Louis DeJoy, the Trump-appointed head of the United States Postal Service (USPS), is screwing with the 2024 election. His failure could impact the outcome of a close election. If it is close. With the help of a former NC postmaster and Steve Hutkins of Save the Post Office, we have been tracking the lack of progress with the USPS. Keep in mind, the USPS goal is to deliver mail to every segment of the population, no matter where they live, and on a...

Excellent reporting by Motor Trend revealing how a new tech radio gives you music and can also eaves-drop on you. The result of eaves dropping is to schedule commercials that may appeal to your interests. The radio then will program commercial ads that may suit your interests. Maybe by introducing something new? What do you think? Can you be persuaded by your radio pitching an ad for a new car after hearing you discuss cars with a passenger? A...

I wanted to put up the entire report. It is just too long. However, the link is there for addition reading to back up the Executive Summary. Angry Bear has been reporting on the rising costs of pharmaceuticals. Hopefully, the Executive Summary will add to Angry Bears knowledge base. PBM Report Final with Redactions House.gov Report Pharmacy Benefit Managers’ (PBMs) role as intermediaries between drug manufacturers and health insurance...

 – by New Deal democrat With this morning’s release of new home sales, we have all of the important housing data releases for the month. So let’s integrate that into the overall housing outlook. Let’s begin with my usual  overview that new home sales are the single most leading metric for the entire sector, but they suffer from the fact that they are extremely volatile and also heavily revised. So it is best to look at them in comparison with...

There is an assumption by many politicians and believing citizens, the USPS is supposed to be profitable entity and run like a business. This is what the Postmaster General brings to the table as a solution. It was never the goal of the USPS to be such. Its task is to deliver mail to every place in the nation at the same amount of time. This in itself costs. PMG Dejoy believes this is ok. The USPS can penalize people who live outside of a 50-mile...

Subscriber to Reich’s column so I steal a commentary now and then. Funds given to Semiconductor corporations are being used to buy back stocks rather than invest in new capabilities and facilities. In 2010, we took hits on pricing by as much as a 20% increase in pricing. A take it or leave it proposal. Sure there was increased demand which has nothing to do with cost. Indeed, the price increase did similar to what Robert discusses below....

This not much of a post. It is promoting an extension of the premium credits for those who could not afford healthcare insurance previously. A simple read and a necessary one to make people aware. 195 Congress Members were Calling for an Extension of Enhanced Premium Tax Credits – MedCity News, Marissa Plescia In letters, members of Congress were urging their leadership to extend the enhanced premium healthcare tax credits which are expiring in...

Why home insurance rates are rising so fast across the US. Climate change plays a big role, The Conversation Millions of Americans have been watching with growing alarm as their homeowner insurance premiums rise and their coverage shrinks. Nationwide, premiums rose 34% between 2017 and 2023, and they continued to rise in 2024 across much of the country. To add insult to injury, those rates go even higher if you make a claim – as much as 25% if...

– by New Deal democrat This morning’s repeat house price indexes from the FHFA and Case Shiller continued to show deceleration in this metric which is very important to home buyers. Specifically, in the three month average through July, U.S. house prices rose 0.2% according to Case Shiller’s national index, and only 0.1% according to the slightly more leading Federal Housing Finance Agency (FHFA) purchase only index, both on a seasonally adjusted...