Tag Archives: politics

from Lars Syll One way that inequality precipitates debt bubbles begins with “relative deprivation.” This concept concerns the discontent people feel when they compare their socio-economic status, measured by income, wealth, consumption, or other indicators of perceived economic welfare, with that of their richer counterparts. Economists have suggested several ways that this discontent may translate into indebtedness. One theory holds that people of a given income level may try to...

[unable to retrieve full-text content]Former Sen. Pat Toomey (R), represented the key state of Pennsylvania for 12 years in the Senate. He said he would not vote for former President Trump or Vice President Harris in the November 2024 election. (Psst, pre-November 2024 election commentary). I do not know if this person actually did not vote for either Trump or Kamala Harris. He […] The post Planned Tariffs, An Economy Argument with Political Implications appeared...

[unable to retrieve full-text content]The smirking faces of Elon Musk and Vivek Ramaswamy have joined the smirking face of Donald Trump in threatening to burn down government in order to save it. What they’re announcing sure sounds bad to me (eliminate a third of federal spending, including cuts to Social Security, Medicare and Medicaid). Over at eatingpolicy.com, Jennifer Pahlka […] The post Will DOGE be an exercise in futility? appeared first on Angry Bear.

[unable to retrieve full-text content]UnitedHealthcare posted profits of $22 billion in 2023, as many Americans struggle to afford the medical care they need. Witty reportedly took home $23.5 million that same year, while Thompson got over $10 million. Yes, United Healthcare is profitable. At whose expense? Delay, Deny, and Defend is a violation of consumer reliance on their insurance companies as written by […] The post The spider’s web called Healthcare...

[unable to retrieve full-text content]So, what are nepo babies or nepotism babies? The second name gives the meaning away. A person who gains success or opportunities through familial connections. Especially a child of a famous parent (such as an actor, musician, entrepreneur, or politician), Merriam Webster. Some Examples. There are tax implications benefiting them as explained by Common Dreams author Julia […] The post Funding Public Goods Problematic??? Blame the...

[unable to retrieve full-text content]Over my 40 something years, I spent much of my time in career in Supply Chain or certain aspects of manufacturing in different industries. The discipline I knew, learned, and was certified in could and was used by me to streamline what companies were doing at the time to their benefit of lowering costs or […] The post From the Middle Out and Bottom Up appeared first on Angry Bear.

[unable to retrieve full-text content]Perhaps, I am wrong? We have Trump and others deciding the livelihood of a nation’s population who have obviously walked a different path to success than those they are making decisions for today. In 2016, Trump first came to office as the Pres (in case you forgot). His taking office was the result of the […] The post The Economics of Killing Medicaid . . . appeared first on Angry Bear.

[unable to retrieve full-text content]A More Democratic Economy A 1787 newly minted United States of America wasn’t far removed from an old Europe where not so long before all property belonged to the crown or state; where only a hundred years or so earlier John Locke had first defended the idea of private property at a time when most […] The post Public vs Private Wealth – Breaking Free appeared first on Angry Bear.

[unable to retrieve full-text content]Looks like Trump wants to kill the US Postal Service. Postmaster General DeJoy has been bent on killing the USPS in a death by a thousand cuts. The Trump administration will try to kill it outright, and hand over its responsibility to the private sector. Ironic, because the big losers will be rural residents that […] The post USPS RIP appeared first on Angry Bear.

[unable to retrieve full-text content]Sorry, our system is f’d up and one of us was murdered as a result. We admit the United Health system does not work as well as it should. At United Health, we can sympathize with all of you hit with higher healthcare costs and bad results. We at United Healthcare are “willing to partner […] The post United Health Group and the Healthcare System appeared first on Angry Bear.