California Ranked #1 for Gun Safety, Death Rate 37% Lower than National Average In 2021, California was ranked as the #1 state for population and gun safety by Giffords Law Center, and the state saw a 37% lower gun death rate than the national average. According to the CDC, California’s gun death rate was the 44th lowest in the nation, with 8.5 gun deaths per 100,000 people – compared to 13.7 deaths per 100,000 nationally, 28.6 in Mississippi,...
Read More »Saying No to Insurance Company Medication Switches
I can not say I have been exposed to any of this switcheroo as my meds are older technology. We are also on regular Medicare and not Medicare Advantage. I have a larger say with the former. Part D works mostly except the pharmacies in my area are less helpful than they were in Michigan. And these drugs do seem to work to my needs for now. Doctor Pelzman does have a major point. The insurance companies, PBMs, distributors (McKesson, etc.) have...
Read More »Earnings inequality continuing growth in the pandemic labor market
“Inequality in annual earnings worsens in 2021.” This report is a couple of weeks old. Still relevant and supports what NDd has been saying as well as others here at Angry Bear. This is taken from EPI. Partial read of a larger report. Details from year twenty-one finds annual wages rising the fastest for the top 1% of earners (up 9.4%) and top 0.1% (up 18.5%) Those in the bottom 90% saw their real earnings fall 0.2% between 2020 and 2021. Workers...
Read More »What News Was in My In-Box, December 21, 2022
I am not sure if you experienced similar. A year ago getting Delta Airlines customer service on the line took hours. And if you left a phone number, they never called back. I found calling them when they first opened up seemed to work. 6 AM? One time we even got better seats. Getting airline help is an issue. Minnesota is moving forward with their version of single payer for residents and those who work in Minnesota. It will be interesting to see...
Read More »November housing permits and starts: the biggest news is not even a headline
November housing permits and starts: the biggest news is not in the headlines – by New Deal democrat The report on housing construction for November was very much a tale of two very different trends – and the most important one will almost certainly be under-reported. Housing permits issued declined to 1.342 million annualized, the lowest number since June 2020, and before the pandemic the lowest since July 2019. The even more reliable...
Read More »Repurchase of Oil for the Strategic Petroleum Reserves
US to purchase more oil to replenish the Strategic Petroleum Reserve (SPR). DOE Announces Repurchase of Oil for the Strategic Petroleum Reserve, Department of Energy, DOE. The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves, December 16 announced that it will start repurchasing crude oil for the Strategic Petroleum Reserve (SPR). This repurchase is an opportunity to secure a good deal for American taxpayers by repurchasing oil...
Read More »The status of the coincident indicators
The status of the coincident indicators – by New Deal democrat In addition to real GDP, which is only updated quarterly and with a lag, the NBER has indicated that it relies upon four other datapoints in determining the onset month of a recession: payrolls, industrial production, real income less transfer payments, and real manufacturing, wholesale, and retail sales. The below shows all four, with the exception that, because real...
Read More »What News Was in My In-Box, Dec. 14, 2022
Rents decreasing, CPI slowly decreasing, and questions on whether any of this is due to the FED’s actions. Industrial production is still the same and gasoline prices have dropped. According to New Deal democrats’ analysis, real sales and real income have increased (still lower than they were one year ago), and payrolls have continued to increase but at a decelerating rate. Jobless claims have not yet reached the signal a recession point yet. If the...
Read More »Brief overview of the current state of the economy
A brief overview of the current state of the economy – by New Deal democrat This week we get the final most important data of 2022, with consumer prices tomorrow and industrial production and retail sales Thursday. The Fed will also be making its final rate hike decision of the year. Next week and the week after, the only data will be housing construction and prices, plus personal income and spending. So let’s take a look at few salient...
Read More »The Meaning of a Food Label Expiration Date. Is there one?
Having worked for Oscar Mayer buying food labels and packaging, this article caught my eye. Oscar Mayer is an old company and was left pretty much alone by its owners until Kraft got involved. A big time of the year was July 4th for hot dogs. The author is going to tell you the food labels on products are not looked at and reviewed. If he means “good until such” date. I am sure there is data backing it up. Somebody i Quality reviewed the data backing...
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