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The Angry Bear

On the government shutdown, Pelosi should go maximalist

On the government shutdown, Pelosi should go maximalist It’s pretty clear that the House GOP has decided to simply punt the government shutdown into the new Democratic House majority’s laps. That new House Democratic majority will have two basic options: (1) go accomodationist; or (2) go maximalist.  I am here to write in support of option #(2). To recap, before the government shutdown, the Senate had passed a stopgap measure by 100-0. When RW...

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Asking the Wrong Questions: Reflections on Amazon, the Post Office, and the Greater Good

The author of this post which was published in April 2018 on Save The Post Office is Mark Jamison, a retired North Carolina Post Master. From time to time, I have featured both Marks and Steve’s post office advocacy on Angry Bear. Steve is a literature professor who teaches “place studies” at the Gallatin School of New York University. One of these days I will visit Mark in the mountains of North Carolina. “If they can get you asking the wrong questions,...

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Global Networks and Financial Instability

by Joseph Joyce Global Networks and Financial Instability The ten-year anniversary of the global financial crisis has brought a range of analyses of the current stability of the financial system (see, for example, here). Most agree that the banking sector is more robust now due to increased capital, less leverage, more prudent balance sheets and better regulation. But systemic risk is an inherent feature of finance, and a disturbance in one area can...

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China Is Selling More EVs Than the US

Cars: The electric car is becoming prominent China. China registered as many as 352,000 new electric vehicles (EV) in 2016 compared to 159,000 cars registered in the US during the same time period and mostly in California. Automotive analysts suggest China’s numbers could be inflated due to subsidy cheating: but, even the lower estimates remain higher than the US. Navigant Consulting puts China’s 2016 figure at an approximate 250,000, but, it expects new...

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Weekly Indicators for December 24 – 28 at Seeking Alpha

by New Deal democrat Weekly Indicators for December 24 – 28 at Seeking Alpha My Weekly Indicators column is Up at Seeking Alpha. Ideally a change in trend in the long leading indicators should, over time, manifest in the short leading indicators. Well, in the first half of 2018, the long leading indicators went from positive to weak positive to neutral, where they have generally remained ever since. Now, the short leading indicators have …. Click over and...

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Real Military Pay

Real Military Pay Donald Trump lies about everything including military pay: Trump Brags To Troops About A Fictional Giant Pay Raise He Got Them – The president told military personnel in Iraq that they’ll get a raise of over 10 percent, their first in a decade. But it’s 2.6 percent, and they get a hike every year. Dave Jamieson even notes that Bill Kristol has called out Trump on this whopper. But to me this is not the story. The real story is that...

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The Price of Naltrexone

In The New York Times Abby Goodnough wrote” she got a Vivitrol (naltrexone) shot but it was so expensive — her co-payment was $600 — that she never got another” !!! This is insane. Naltrexone is an opioid antagonist. It prevents opioids from causing a high (and relieving pain and suppressing coughing and breathing). In no way is it conceivably a drug of abuse. But opioid addicts who wish to cut off all effects of opioids have to pay for their...

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ACA Enrollment for 2019

To add to Robert Waldman’s post on ACA enrollment, here is the chart as taken from Andrew Sprung’s Blog (Expostfactoid) on the ACA. This is data Charles Gaba had gathered and Andrew rearranged. Note non-expansion Medicaid states did better than expansion states in enrollment. Why is that true? The states marked in yellow on the left are expansion states. Without getting into the data and explaining Andrew’s findings, it is interesting the difference in...

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Twelve Dimensional Chess

Barack Obama just won Gallup’s man most admired by US adults poll for the 11th straight time. Also, in spite of the Republicans’ determined efforts including elimination of the mandate, Healthcare.gov signups are only 4% fewer than last year’s. Finally, I am thinking about “eleven dimensional chess”. This was a joke about Obama and Obamaniacs who ascribed his amazing luck to brilliantly subtle strategy. To be honest I was thinking of Hillary Clinton...

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