Tag Archives: politics

Calculated Risks Bill McBride Fed Chair Jerome Powell is participating in a panel discussion today at the European Central Bank (ECB) Forum on Central Banking 2023 in Sintra, Portugal. Federal Reserve Chairman Jerome Powell talked tough on inflation Wednesday, saying at a forum that he expects multiple interest rate increases ahead and possibly at an aggressive pace. From Jeff Cox at CNBC: Powell says more ‘restriction’ is coming, including...

Corporate profits have contributed disproportionately to inflation. How should policymakers respond? Economic Policy Institute, Josh Bivens The inflation spike of 2021 and 2022 has presented real policy challenges. In order to better understand this policy debate, it is imperative to look at prices and how they are being affected. The price of just about everything in the U.S. economy can be broken down into the three main components of...

Important Cases to be decided by SCOTUS. Affirmative Action, Student Loans, Gay Rights, Religious Rights, and some Voting (still remains). Some important issues left which will either please or displease many people. Open Thread June 24, 2023 SCOTUS and Standing, Angry Bear, Angry Bear Blog Tags: affirmative action, Gay Rights, Students, voting...

Yeah, I left one part of the title out . . . “Job Loss.” I do not believe there will be any. If there is it will probably be minimal and there will be other jobs we can go too. I believe in the ability of people to think there way out of things, making decisions on the spot, and based upon the knowledge they have while adapting to a changing environment. Believe it or not, that is much of supply chain. Dean Baker says the same. Only for different...

As you may recall, Angry Bear has discussed Medicaid purges, why they are happening, and who are impacted by disenrollment. You can find our commentaries here, here, and here. Most recently . . . Medicaid Enrollment and Unwinding Tracker, KFF, June 20, 2023 At least 1,514,000 Medicaid enrollees have been disenrolled as of June 22, 2023, based on the most current data from 25 states and the District of Columbia. Overall, 37% of people with a...

This recent article on NPR was passed on to me after a recent conversation with Steve Early who along with Suzanne Gordon write articles on veteran’s affairs. Usually and in this instance, NPR is careful who or what they support. However, you still have to read things carefully. Steve in conjunction with Suzanne Gordon and Jasper Craven recently released their book “Our Veterans.” I post on the bool most recently. The book “critically examines the...

This is an interesting occurrence. On its own Minnesota is moving forth with a health care study to be completed by March 2024. The study topic is the implementation of single payer within the state and its impact on administrative costs. This year the state began questioning its present commitment to traditional healthcare’s and its administrative role in healthcare. Kip on numerous occasions has pointed out the costs of administrative costs of...

Former Students Plan to Ignore Loan Repayments When Pause Ends, Newsweek, Khaleda Rahman  “I will not give them one cent!” 45-year-old teacher Jacque Abron said about resuming her student loan repayments when the COVID-19 pandemic-era pause comes to an end. “The illegal lending scam is over and I’m fighting until we see bankruptcy rights restored.” The mother of three is far from alone in her refusal to return to a life struggling to chip away...

If you have not noticed it, SCOTUS has been pushing back on states filing frivolous suits to which no harm has been done to them. They file these for whatever reasons they dream up, shop for district judges for approval, and then file to SCOTUS. Much of which is political. It could be to block another state, groups of people, or a person seeking redress. SCOTUS takes a limited number of cases per year (eighty-something and down from...

If you must know in order to understand why I would post this, I am a Vietnam era veteran. I use the VA healthcare system. I find the VA to be a valuable entity for all veterans. It goes beyond healthcare and provides help for education, buying a home, and other valuable services which would be costly to us if privatized. All of this I have used and found it to be valuable. American Postal Workers Union President Mark Dimondstein frequently...