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The Angry Bear

Cooling? Or Red-Hot? Psst Labor Market

I am not going to put Preston Mui’s entire Labor Market Recap May 2024: Still Cool report from Employ America up on Angry Bear. Most of all, I wanted his summation of what he was seeing. He gives up his reasoning as to why the two surveys differ. It is an easy read if you wish to indulge. He would probably appreciate the reading of his commentary like we at Angry Bear enjoy your reading it and comments. No place for comments. In entirety, it is a...

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We have a serious problem: the two job surveys show two completely opposed economies

If you have been reading New Deal democrat’s over the weeks, you would already know the economy we have today is not for sure. The FED is holding the keys to a transition to a good economy favoring people or one that will punish people through no fault of their own. Houston, we have a serious problem: the two job surveys show two completely opposed economies  – by New Deal democrat In the past few months, my focus has been on whether...

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Jobs Added, the Fed May leave Interest Rates unchanged?

I will probably have New Deal democrats’ commentary up on Angry Bear shortly. This arrived in my mailbox this morning. It would have been up much sooner for readers; except I am about three hours behind many of you. So, this is timely for me. I agree with Robert Reich and have said what he is claiming as far as corporate control of price increases blaming supply chain is also economic manipulation. It is no surprise to me. Corporations did similar...

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Biden’s asylum shut-down

The Biden Administration executive order setting a numerical threshold to shut down asylum is a performative exercise in futility. It is also cruel.“This “asylum shutdown” will deny, in most cases, the right to seek asylum for migrants apprehended on the U.S. side of the border with Mexico. It goes into effect at 12:01 AM on June 5, and will remain in effect until two weeks after Border Patrol’s weekly average of migrant apprehensions drops below...

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Saving Rural Hospitals and Strengthening Rural Healthcare

Center for Healthcare Quality and Payment Reform CHQPR I started reviewing rural hospitals a little over a year ago. Not much has changed. These smaller hospitals lack for resource and manpower because of their budget restraints. Services they provide may not be covered by a patient’s fees. As a result, they are always battling their budget. If they are a part of the 340B program and close to a city, larger hospitals may buy them out and take the...

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Flying the Friendly Skies Became More Expensive

Flying became more expensive. The last time we flew and whether I was American Advantage or not, there still was a fee to check bags. So we checked our bags outside of the terminal as it was easier and less expensive. There was never a fee outside of the terminal. Now there was. Once American put it into play, they started to charge. It was not a big deal to us. Overall, the airlines have a monopoly. And can get away with egregious actions. If one...

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Initial jobless claims now in a confirmed seasonal uptrend, but still positive for the economy

 – by New Deal democrat My “quick and dirty” economic status indicator is the stock market (still making new all-time highs) and initial jobless claims, which are also still positive for the economy despite being in an apparent uptrend. Last week initial claims rose 8,000 to 229,000, their second highest level in the past 9 months. The four-week moving average declined -750 to 222,250, just below its own 9 month high of the week prior. With the...

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When it comes to the environment, there really is no such thing as a “good” car.

A guide to electric car misinformation (part 2) by Emily Atkin HEATED Contrasting EVs to gas powered vehicles. And will EVs be as bad or worst that gasoline powered vehicles. And some promoters of EVs go in the opposite direction over promoting EVs or what the article calls green washing EVS. ~~~~~~~~ Financially motivated EV misinformation comes from both sides of the aisle (the lane?). Industries that see EVs as a threat exaggerate...

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Rethinking Responsibility as Traffic become more Dangerous

Traffic was moderate. I was sitting at a red light on Hathaway Avenue waiting for the light to change. It changed when I was not looking. No horns honking at me. I was slow to make my left turn on to John Wayne Parkway. Just as I was going to move, a jacked-up pickup with oversized tires blew through the red light. Like wow, if I had moved when I was supposed to, there might have been a collision. He was in the middle lane and partially hidden from...

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Hospitals under stress in Rhode Island

One of the major considerations for us in where to settle when we moved to New England was being near high end health care. We lived for 40 years in St. Louis, which has multiple tertiary/quaternary care hospitals, including two academic health care centers. On the other hand, I watched as my parents, who lived for 20 years in rural upstate New York dealt with community hospitals, and when my mom was treated for multiple myeloma, she traveled four...

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