The Angry Bear

 – by New Deal democrat Initial jobless claims rose 3,000 last week to 219,000. More importantly, the 4 week moving average rose another 2,500 to 222,500, the highest level in 9 months. With the usual one week lag, continuing claims rose 4,000 to 1.791 million: On the one hand, it does appear that claims have been in a small uptrend for the last four weeks. But on the other hand, recall that there was a similar increase last May into summer,...

And today, Donald Trump is pandering and peddling lies and stereotypes for your votes so he can win for himself, not for you.” No truer words can be spoken. Prof. Heather has an excellent take and explanation of the current situation. Reality verses the lies of trump. May 29, 2024 by Heather Cox Richardson Letters from an American President Joe Biden and Vice President Kamala Harris campaigned today in Philadelphia, Pennsylvania. They...

I believe the decision has already be made. The US is in for both issues be it the Southern Border or Ukraine.. This is something I played with in February 2024. It was long then and it is not shorter today. I did add two graphs which help make my point. The US and Mexican borders are not open. And with the aid of Mexico, the border crossing have become more difficult. Keep in mind one other factor. The Fertility Rate is about 1.62. To...

SIlver or lead was something Pablo Escobar liked to say. It means do what I want and I will give you money (plata) if you don’t I will use lead to kill someone close to you. I just noticed that it is the Spanish translation of a debate the US should have about the apparent failure of the Great Society (Johnson;s expansion of the New Deal). In the conventional analysis the hero is Clinton (if one is a moderate Democrat) Reagan (as always, if one is...

 – by New Deal democrat We’ll get weekly unemployment claims tomorrow, and the very important personal income and spending report Friday, before we begin the slew of reports for the beginning of June next week. But since there’s a slow news day today, let’s take a bigger picture look at the state of the economy. As always, you can find optimistic data if you look for it, and DOOOMish data as well. Usually – and right now is one of those usual...

Having to file with the VA for issues resulting from being stationed at Camp Lejeune, I can see why such a maneuver by Koch Industries is frustrating. GP is attempting to avoid all responsibility. At least, the VA will hear you out. Then take their time deciding. One family friend (Marine) had to file three times before the VA accepted his claim. He died shortly afterwards. Georgia-Pacific’s Asbestos Trust Fund Opposed by Senators by Devin...

More People Moved Farther Away from City Centers Since Covid-19 by Lindsay Spell and Marc Perry CENSUS.Gov I guess people did not like the threat of catching Covid in crowded areas so they are going to the suburbs. Even if they are in less populous areas, they still will have to get the vaccines and distance themselves. ~~~~~~~~ In a possible sign of the COVID-19 pandemic’s lasting impact, the country’s fastest-growing places are...

By Robert Gundran copper courier Arizona is a strange state which makes Michigan appear to be sane. Obviously, politicians want to be in control and they are taking any method of doing so. This came about due to a bunch of Arizona judges decided to make abortion something very difficult to do. “With a stroke of a pen on Thursday, Arizona Gov. Katie Hobbs struck down a 160-year-old near-total abortion ban. Just a day earlier, Democrats...

 – by New Deal democrat The FHFA and Case Shiller repeat sales indexes are the last home sales and price data for the month. Two months ago I wrote that “for the next seven months the comparisons will be against an average 0.7% increase per month in 2023. Because house price indexes have shown a demonstrated lead over shelter costs as measured in the CPI, if present trends continue, as these YoY comparisons drop out, the YoY deceleration in OER...

I chose three graphs off of the USA Facts Org. site to make points of where are immigrants coming from, the makeup of them, how the border apprehends them, and the numbers turned away or apprehended. There is a much longer, well detailed, and interesting version of this commentary at USA Facts Org. ~~~~~~~~ 2024 Current State of the Union: US Immigration by USA Facts Org. Some Summary Data Authorized immigration to the US rebounded...