Tag Archives: politics

About that Trump wage boom Over last weekend, I read a bunch of notes which indicated that Trump was claiming credit for a boom in wage growth. Let’s take a look: THIS is a wage boom: In the 1960s, real wages grew by almost 9% over 7 years, an average of 1.3% per year. THIS is also a wage boom: In the late 1990s, real wages grew by just over 9% in 7 years, again averaging 1.3% per year. This is NOT a wage boom: During the...

Angry Bear maintains its status as one of FocusEconomics Top Economics and Finance Blogs of 2018. Econospeak is on the list as well, whose authors contribute to Angry Bear. Angry Bear The Angry Bear blog is a multi-author blog that covers news, politics and economics. The contributors to the blog are some of the best in the business such as emeritus professors, tax law experts, historians, business consultants, economics PhDs, finance professionals and...

I thought this was a nice brief on where the economy is and the lies of the republicans currently.  Considering the show that will be put on tonight. [embedded content] Testing the White House Economic Claims

The Black Unemployment Rate  Josh Marshall listens to Donald Trump so we do not have to: President Trump has been out bragging that “because of my policies” the African-American unemployment rate has dropped to its lowest level ever. This appears to be technically true. But I thought it made sense to give some context for the nonsensical nature of this claim. As you can see, the idea that this is “because of my policies” is a bit hard to square with the...

I have tried to resist Fisking this op-ed by Ross Douthat, but I can’t resist. Whole post after the jump to avoid lowering AngryBear relevance index. “The Necessity of Stephen Miller” (title chosen by an editor not Douthat) He writes negotiations “have mostly taken place between people who are fundamentally in agreement on immigration,” who favor both amnesty for illegal immigrants and reforms that would probably increase immigration rates. The problem...

Nancy Altman reminds us that Social Security is NOT off the table for Republicans via this post Republicans Are Killing Social Security One Tiny Service Cut at a Time at Slate: Republicans have made no secret of their long-standing desire to destroy Social Security as we know it. Indeed, Sen. Marco Rubio revealed just before Christmas that congressional Republicans plan to go after Social Security yet again. Their strategy includes both direct and...

Parsing the Poland Problem Paradox: Local Versus National Outcomes As argued in numerous posts here, we have seen an apparently emerging disconnect between economic conditions and political outcomes in a variety of nations, with anti-immigrant or more generally nationalist or populist parties with authoritarian tendencies gaining strength in many nations despite apparently improving or even largely pretty good economic conditions.  A list of those...

McConnell is a weasel. He has sold out his own by making promises and then reneging on them like he did with Collins. He makes promises to Democrats and then reverses his stance laying the blame on them. Over at Washington Monthly, the writers think Schumer needs to up his game. Lets ask the question of whether the Democrats really caused the military not to be paid and shut down the government. Click on the link or view the Youtube. With three “I...

(Dan here…late to post at AB…more on the way) by Kenneth Thomas Amazon moves closer to breaking the bank with “HQ2” Yesterday (Jan. 18), Amazon announced the 20 finalists for its “HQ2” project, that will supposedly create a second headquarters (why?) for the company somewhere in North America, most likely in the United States. With an alleged 50,000 jobs and $5 billion in investment, this development attracted 238 bids from cities and counties in the...

Mother Jones tells the story here in graphic detail. The GOP’s Biggest Charter School Experiment Just Imploded How a washed-up lobbyist built a charter school empire and siphoned millions from public schools. “Now, with ECOT imploding, some state politicians have floated the idea that Lager, who has made millions in profits off the school and come a long way from the Waffle House, should be personally held responsible for paying back some of the $80...