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The Angry Bear

The EV market is evolving

Kevin Drum has a post up showing that EV sales have plateaued recently in the US. It’s not clear to me whether that’s all EVs or just Teslas, but since Teslas remain the dominant EVs in the US, that’s a distinction without a difference.I’d be happy to see more EVs on the road. But what would make me buy one? Well, one issue is price. I’d consider an econobox EV under $30K, but auto makers seem mostly to be slotting EVs as luxury purchases. Then...

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New Deal democrat Weekly Indicators May 27 – 31 2024

Weekly Indicators for May 27 – 31 at Seeking Alpha  – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. None of the high frequency indicators made any meaningful change this week. The short term outlook continues to be positive. As I wrote yesterday in my summation of the personal income and spending report, the leading goods-producing sectors of manufacturing and construction are most important to my analysis of where...

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Manufacturing in China? The true cost may surprise you

by Nick Dewhurst Plastics Today AB: This is along the lines of what I used to do when I was working in supply chain and manufacturing. Typically, companies would hire me to adjust or fix the supply chain and I would end going much further than just supply chain. If you understand the process and all the steps in getting to market, you have a chance of being profitable or more profitable. Plastics was and is a big deal and still is. It can...

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Battery Storage Growth to Fill Supply Gaps for States

Oil Price author Irina Slav has an interesting story up about California using battery storage of GWs to fill in the supply gaps during Summer electricity needs due to heat. Brief and a short paragraph taken from the article Rapid Battery Storage Growth Will Help California Avoid Blackouts This Summer. California could avoid rolling blackouts this summer thanks to a fast buildout in battery storage capacity, the state’s Energy Commission said...

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An update on USPS service performance in Georgia

Steve Hutkins of Save the Post Office giving an update on Louis Dejoy’s Delivering for America Plan. The expectation has been to cut costs through minimizing operations by moving mail between regional centers and delivering to fewer Post Offices. So far in Georgia and in particular Atlanta, the plan has not been working as well as Louis expected. Instead of increasing efficiency, 1st Class Mail is late by days. Instead of decreasing costs, First...

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Now a Convicted Felon

Been waiting for Joyce Vance to comment. And why? Bio Now: Law Prof, MSNBC/NBC Legal Analyst, Podcaster Before: US Atty, Fed’l prosecutor. Always: Wife, Mom, Dogs, Cats & Chickens, Knitting. We are hearing from many people who simply refuse to accept the fact the man is an instigator of the attack on the capital, a briber of people to hide the truth, and threatens people directly or indirectly. A proven and convicted Felon. Perhaps, Joyce’s...

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April personal income and spending: a flat report consistent with either a temporary pause or weakness ahead

 – by New Deal democrat Personal income and spending have become one of the two most important monthly reports I follow. This is in large part because the big question this year is whether the contractionary effects of Fed tightening have just been delayed until this year, or whether the fact that there have been no rate hikes since last summer mean that the expansion will strengthen. Because real personal spending on services for the past 50...

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Hype, or the future of hybrids?

Our first car was a Mazda GLC. We bought it new in 1981, after living without a car for four years. It was a stick shift, front wheel drive ICE car. It got about 32 mpg in town and about 38 mpg on the highway, driving at 55 mph. Since then, we’ve owned four other cars (two that we still have); all were ICE cars and none topped that GLC for mileage. “Great Little Car” indeed.With my wife’s 21 y.o. Pontiac Vibe ticking over 100,000 miles, we’ll probably...

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The Trump conviction, first thoughts

It’s far from clear the conviction will have much effect on the race.  Most people will not learn much from the conviction.  Small effects could go either way:  marginal Trump voters could turn away from him, stronger partisans could become more mobilized, etc. I don’t want him thrown in jail, which I guess is unlikely in any event.  With appeals the sentence would not start until after the election, and that would be an incentive for him to...

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Another Administration Win in Medicare Drug Price Negotiation Lawsuits

by Sheela Ranganathan and Zachary Baron Health Affairs Introduction: This article is discussing the efforts of the pharmaceutical companies attempting to block Medicare and the government negotiations with them for pricing. Early on in the District Courts, the pharmaceutical companies are being denied standing. This is why I posted the article. The cases may still go to COA, in particular the 5th COA which has a reputation favoring locals and...

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