The Angry Bear

Terry talking to his Brother Charly: “You shoulda looked out for me a little bit. You shoulda taken care of me, just a little bit, so I wouldn’t have to take them dives for the short-end money…I coulda had class. I coulda been a contender. I coulda been somebody, instead of a bum, which is what I am.:” “On The Water Front” Trump; “I coulda had class. I coulda been a hero if I had rushed in there. I coulda been somebody instead of a bum, which I am.”...

Dahlia Lithwick writes at Slate: We should all take a lesson from the Stoneman-Douglas students 1. Give Donald Trump Precisely 5 Percent of Your Mental Energy They have no interest in talking to him or even about him. They have internalized the lesson that he is a symptom of the problem but unworthy of credit or blame. I suspect that if the rest of us ignored the president half as ably as they have, we’d all have vastly more emotional energy for the...

I haven’t been bothering to comment on initial jobless claims reports lately, for the simple fact that every week it’s the same story:  they’re good! In fact, the initial jobless claims reports are probably the single most positive aspect of the entire economic expansion.  For all intents and purposes, nobody is being laid off! For initial jobless claims even to be giving a “caution signal” about the economy, I would need the YoY comparison to...

by David Zetland  (reposted from Aguanomics) What went wrong in Capetown? I asked that question of Mike Muller, who has been working on water issues there for decades. He referred me to this op/ed he wrote and — more important — the inadequate response from a local city councillor. [Tl;dr: Failure to invest against risk from “inadequate rain” — a problem that climate change will exacerbate.] Taps are running dry — and we are all to blame Water supply...

1. The White House 2. The Republican National Convention 3. Mar-a-Lago 4. The U.S. Capitol Building 5. Republican Town Halls * Kali Holloway / AlterNet

No, Matt Yglesias, Trump is *not* “probably gonna be re-elected” While I generally agree with the political and social observations of Matt Yglesias and Ezra Klein, their takes that involve the economy frequently drive me crazy. So it was this morning when I encountered these two tweets from Yglesias: This is just incredibly shallow analysis and, well, wrong! Presidential and midterm elections are completely different beasts. Midterms are decided...

A Kennedy-Reagan-Trump Fiscal Policy? Heather Long reports that the White House economists have no clue about the history of U.S. fiscal policy: President Trump’s policies are driving an economic turnaround that puts him in the company of transformative presidents such as John F. Kennedy and Ronald Reagan, White House economists said Wednesday as they unveiled their first “Economic Report of the President.” The report presents a highly optimistic view of...

Will Automation Kill Our Jobs? by Walter E. Williams appeared in the Gaston Gazette, Charleston Gazette-Mail, Daily Tribune, Frontpage Mag, Richmond Times-Dispatch, Townhall, Holmes County Times-Advertiser, National Interest, Rocky Mount Telegram and CNS News (not to mention the Dogpatch Völkischer-Beobachter). It features the following cutting edge (& pasting) analysis: People always want more of something that will create a job for someone. To...