The Angry Bear

by Kip Sullivan Counterpoint Minnesota Kip Sullivan has been featured at Angry Bear over the years. Kip is known for his promotion of Single Payer healthcare, the costs of it and the benefits of it to healthcare providers and patients. His topic today is HMOs and how they have impacted MN hospitals. HMOs prospered through the advertisement of managed care and the benefits of it as long as it had healthier patients. Think Medicare Advantage...

– by New Deal democrat I never used to pay much attention to the ISM non-manufacturing report. That is partly because it only has a 20 year history, and partly because it seems to be more coincident than leading: But because manufacturing has faded so much as a share of the US economy, with at least two false recession signal in the past 10 years (2015-16 and 2022-23): there is no choice but to pay more attention. In particular, it...

In which I read Paul Krugman, & once again find myself arguing myself into believing that the Federal Reserve ought to have spent this spring cutting interest rates . . . by Brad Delong Grasping Reality Newsletter AB: I receive some of Brad DeLong’s commentaries in my inbox. I read them and have not posted them because I feel guilty for doing so. The commentary (which includes Paul Krugman) if read carefully agrees with what some of us...

 – by New Deal democrat I’ll write about today’s ISM non-manufacturing report later, but first I wanted to follow up with several more graphs based on yesterday’s JOLTS labor report for April. Basically, I didn’t want to leave the impression that the labor market was in any way sub-par based on those numbers. With that in mind, below are two graphs. Both show the entire history of hires (red) and quits (gold) normed to 100 as of the yesterday’s...

Another stupid climate change denialist troll trick is to point out that volcanos also emit carbon dioxide and therefore volcanos, not human activity, are the cause of the current climate change crisis. While vulcanism has shaped the climate during earth’s history, it is not a significant contributor today. Human activity-associated CO2 generation dwarfs volcanos. Again, Google is your friend:“Volcanic eruptions are often discussed in the context of...

A favorite canard of climate change denialist trolls is to trivialize the amount of carbon dioxide in the atmosphere; how could something that is only 0.04% of the atmosphere drive global warming? Well, Google is your friend:“About 99 percent of the atmosphere is made of oxygen and nitrogen, which cannot absorb the infrared radiation the Earth emits. Of the remaining 1 percent, the main molecules that can absorb infrared radiation are CO2 and water...

There is a far greater detailed article at the New England Journal of Medicine. Angry Bear did not have the space to rightfully do the article justice. Instead, we concentrated on the letter to the editor written April 19, 2024. The article was published on May 30, 2024. Just the brief letter to the editor is explosive. We did add chart S5 which gives a breakdown by region. I believe this better explains the concern by the authors of the Firearm...

I have been shrinking this total report through editing so as to make it easier to read in a shorter amount of time. It is also split into three parts to minimize the size of the read also. To me, it is pretty interesting as there have been discussion about how the CBO and other agencies such as Social Security and the Census reach their conclusions. For you, it might be boring. Just attempting to promote better understanding. ~~~~~~~~ The...

 – by New Deal democrat The JOLTS report for April showed most metrics rebounding slightly from March lows, with the exception of the “soft data” job openings. The overall picture is that hiring is weak relative to the past five years, but so are layoffs, and voluntary quits are equally relatively strong, balancing them out. To wit: job openings (blue in the graph below), a soft statistic that is polluted by imaginary, permanent, and trolling...

In a rebuke to the standard economic model that demand drives supply, housing prices in the US these days continue to rise. How much of this is due to local regulation vs cost of new home construction is above my pay grade. But the claim is that 3D printed homes can mitigate shortages in affordable new home construction:“Dozens of 3D-printed homes have been built across the world – to house a family in the US state of Virginia or members of an...