Tag Archives: politics

[unable to retrieve full-text content]No, the 1% aren’t the job creators—that’s the middle class and working class. Tax cuts for the 1%, of course, don’t create jobs, they just create greater wealth disparity: “The authors set out to examine all instances of major tax reductions on the rich in 18 OECD countries between 1965 and 2015 and identify the […] The post Tax cuts for the rich only increase wealth disparity appeared first on Angry Bear.

[unable to retrieve full-text content] – by New Deal democrat Today’s CPI report for October generally showed stable monthly increases, but slight increases in YoY comparisons. But as usual, it was almost all about the usual culprit of shelter, as more fully parsed below; to wit:  – Headline CPI increased 0.2% for the month, the fourth month in a row […] The post October consumer Inflation firms, driven – as usual – by Shelter appeared first on...

[unable to retrieve full-text content]Why does it take, take a seven-foot-tall former professional basketball player to deliver the bad news. What about? How the citizens of the US misinterpreted the pricing of a dozen eggs as a bellwether for the US economy. The news is the economy was not bad. We weathered a pandemic because a president and a […] The post It’s The Economy Stupid or How Voters Got It Wrong appeared first on Angry Bear.

[unable to retrieve full-text content]Recent articles I have been reading suggest Medicare Advantage provides healthcare at a lesser cost than Traditional Medicare. Or maybe it would be better to qualify this as individuals claim MA plans do so? I do not know whether such takes into consideration the cost of a Supplemental Plan or not and also Part D […] The post Authorization Requests appeared first on Angry Bear.

[unable to retrieve full-text content]The Trump administration is threatening to deport >10 million people. These are people who, regardless of their immigration status, are contributing to the economy and jobs by purchasing goods and service (“job creators”) and contributing to social programs like Social Security and Medicare. Indeed, if they are undocumented, they will never see benefits to the […] The post The economics of deportation appeared first on Angry Bear.

[unable to retrieve full-text content]Atlantic’s Lora Kelley asks “What Do Democrats Do Now?” Or sorta like that. Trump is such a great story teller and caster of false narratives. People were looking for what they thought would be solutions to what they perceive as issues during and coming out of the pandemic. Maybe a recession would have been better […] The post What the Democrats Do Now appeared first on Angry Bear.

11th of November 2024 My Lords, there are many things to welcome in this Budget, particularly on the spending side. I am less keen on some of the tax proposals, which seem to be mean-minded and counterproductive, such as the tax on knowledge. The spending commitments are important because they reverse the disastrous policy of austerity, which has brought our public services and infrastructure close to collapse. Even the IMF, originally a champion of austerity, admitted that it had...

[unable to retrieve full-text content]I’ve seen some people post “Happy Veteran’s Day.” I’m not a veteran. Technically, my dad was, although he was a naval officer who did his service in the Canal Zone, nowhere close to combat. I never saw him happy on Veteran’s Day. I was never in the military, although I did carry a draft card […] The post Veteran’s Day appeared first on Angry Bear.

[unable to retrieve full-text content]It does not look like students holding loan debt and looking for relief will get any relief soon. Newly minted President Donald Trump is in the revenge mode. That would include help from Republicans. Like any new administration looking for revenge, this one will attack the weakest element. It does not mean that Student Loan […] The post Student Loan Updates 2024 appeared first on Angry Bear.

The new UN report on deaths in Gaza makes for Grim Reading. According to the admirable work of UN data sleuths, details close to 10.000 of the official 40.000+ deaths have been added. These are only the direct victims; indirect victims (starvation, stress, sickness) are omitted. One of the findings is that, unlike during earlier periods of war in Gaza, killing is indiscriminate. Many of the victims were women and children (graphs). The youngest victim was one day old, and the oldest was...