Labor market remains strong. Even so, the Fed should cut rates in September (EPI) Two things are true right now for the U.S. economy: The labor market is extraordinarily strong when judged by any historical benchmark. The Federal Reserve is behind the curve in cutting interest rates and should start cutting rates at the Federal Open Market Committee (FOMC) meeting next week. To aim for something like a federal funds rate that is at least two...
Read More »Another After the Debate Update
This is a good update as done by Prof. Heather Cox-Richardson at Letters from an American. As Prof. Heather writes, Trump is denying the reality of his failure(s) during the debate, He took the bait VP Kamala Harris laid out during the debate hook, sinker, line, and the pole. It was brutal to watch. And funny as Trump got a well-deserved comeuppance. As I said Trump is in denial that he lost. Any offer for another debate with Harris is being...
Read More »USPS has been Addressing Mail Slowdown in the Guise of Improvements
Will mail slowdown affect your area? USPS won’t say, Save the Post Office Richmond Times-Dispatch: The USPS is proposing a new plan in order to keep itself afloat, and the plan involves slower mail in rural ZIP codes across the country. But the agency will not say which post offices will be affected. Postmaster General Louis DeJoy on Aug. 22 proposed what are being called “operational changes.” Since then, the Richmond Times-Dispatch has sought...
Read More »Another Perspective of the Harris-Trump Meeting
I was hoping Prof. Heather Cox-Richardson would comment on the Harris-Trump meeting. In her first sentence Prof. Heather states it all about Trump’s approach in meetings. She discusses Clintons and Biden’s foibles in the next two sentences. The following paragraph states it all . . . “how to counter Trump’s dominance displays while also appealing to the American people. “ Candidate Kamala Harris accomplished her mission last night with her...
Read More »Last Night’s Debate (?) September 10, 2024
Robert Reich discusses the Trump – Harris debate or meeting last night (September 10, 2024). As expected, Kamala Harris was the adult in the room schooling Mr. Trump on how to be an adult. It still did not stop his outbursts and wandering off pursuing other avenues of attack. It was good to see the moderators take control when Mr. Trump did wander off. Something that was missing with the Trump – Biden meeting. The results of the meeting?...
Read More »No Improvements in Delivery Yet from DeJoy’s USPS Plan
Indeed, everything Postmaster DeJoy has done has slowed the USPS even more . . . USPS plans rural slowdown after election to cut costs, The Washington Post (archive.ph) Top U.S. Postal Service officials are considering plans to allow slower mail delivery in the coming months for long-distance and rural service to cut costs at the financially troubled agency — but not until after the election. The changes would give customers within 50 miles...
Read More »Enforcing a Supreme Court Ethics Code
It is about time, Congress puts in place an ethics code for judges, Justices, and themselves. If you do not believe this is needed, read this: “Supreme Court Justices Accepted Hundreds of Gifts Worth Millions of Dollars,” Angry Bear. All told, the number of gifts FTC identified that were accepted by the current nine, plus the eight who’ve left the court since 2004 (Justices Rehnquist, Stevens, O’Connor, Scalia, Kennedy, Souter, Ginsburg and...
Read More »Trump’s behavior today merits a marker
If this is going to be a close election between trump and Kamala Harris, I will be surprised, Trump just keeps babbling away with his commentaries. Taken from the reports I have read, the audience coming out to hear him speak, have been leaving early. The more desperate trump gets, the more he babbles. It will be interesting to see who shows up for the debate. The babbler or a thinking (if such can be done) trump. Enoy the read. September...
Read More »Looking Toward Tuesday’s “Debate” Between the Prosecutor and the Felonious Traitor
The one element we lack at Angry Bear is regular woman commenters and/or a woman writer. I have searched and asked. Explained it does take time and you are exposed to silly or rude comments. It is a different perspective coming from women. A perspective I can not present. Angry Bear has Annie’s permission to present her words at Angry Bear. This is a good commentary by Annie as taken from her site “annieasksyou.” Looking Toward Tuesday’s...
Read More »Frontloading Interest Rate Cuts
This report by Employ America was written the day before the Unemployment report was released on the 6th. There is another link to a report on Indeed at the end of this report. It too makes for an interesting tead. The good news from the August jobs report is the labor market is not weakening as quickly as July’s shaky report would have you believe. The bad news is the labor market’s strength is slowly fading. Time is a-wasting for the Fed to take...
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