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Tag Archives: US EConomics

Birthday Party & Quest for WiFi led to the Wakashio grounding off of Mauritius

“The 58-year-old captain of the ill-fated Newcastlemax-type bulk carrier WAKASHIO could face negligence charges” after it was discovered the crew was celebrating a crewmember’s birthday  as the ship edged closer to the Mauritius coastline seeking wifi signals just prior to the bulk carrier’s grounding on a reef off the island’s south coast. It appears this is a common practice for ships out to sea weeks at a time and it is done so crews can then pick up...

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Questions for Postmaster General Louis DeJoy

Save the Post Office is edited and administered by Steve Hutkins, a literature professor who teaches “place studies” at the Gallatin School of New York University. Postmaster General Louis DeJoy has been on the job just two months, but he can already boast of many accomplishments, including these: He has become the subject of a review by the USPS Office of Inspector General concerning allegations of a conflict of interest over his investments and his...

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RFL: Mark Jamison, Trump vs. The USPS & the Importance of Mail-In Voting

Contributor to Save The Post Office and Angry Bear blogs, Mark Jamison was interviewed and featured on Richard French Live, also can be seen on Meet the Press hosted by Chuck Todd, and later CNN. In this RFL YouTube, Mark gives all the reasons why we should be concerned with trump and Louis DeJoy tampering with the USPS and mail-in ballots.[embedded content]President Trump has been attempting to sow the seeds of doubt before Election Day without evidence...

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Now

WWII was America’s finest hour. Before that, her multitude of sins had always been covered up by her bounty of natural resources, her yet unsettled land, … her offer of opportunity. There was room to grow, chances for people to start over, … In the lead up to, and during, the War, America stepped up. Then, the situation was well defined. Usually, it’s hard to discern what is going on at a given time; what is going on ‘now’. Before the War, we sometimes...

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Trump ally Louis Dejoy Making ‘high-risk’ changes at USPS

“Trump ally making ‘high-risk’ changes at USPS, says former postal service deputy,” The Guardian, Sam Levine, August 12, 2020 I received a message from former NC Postmaster Mark Jamison and Angry Bear contributor about a brief interview he did with The Guardian for part of its story on the changes being done at the USPS by the new Postmaster General. A former top official at the United States Postal Service (USPS) has warned about recent Louis DeJoy...

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Tiny Homes – A ‘Fundamental Shift is Occurring’

Site Plan. Escape Tampa Bay Village, Tiny Homes, Dan Dobrowolski A recently purchased, rundown, 1 acre mobile home park is redesigned by a tiny house manufacturer into a site for tiny homes. Dan Dobrowolski of “Escape” has been building tiny houses and giving them a place to go for a while. Now during the Corona epidemic Dan Dobrowolski has opened a new development and naming it Escape Tampa Bay Village. It is a real demonstration of how tiny houses have...

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Fed Deficit Leaps From Under 5% of GDP last year to 15% Now

In the second quarter, the federal deficit leaped from under 5% of GDP last year to near 15% now. This is new record compared to the prior record of almost 10% of GDP that Obama inherited from Bush Yes, falling nominal GDP played a role, but a weak economy always plays a role in setting new record deficits.  But in considering what new stimulus Washington comes up with it will serve us well to remember that the new base line already starts at 15% of GDP....

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The UI fiscal stimulus

Apropos my previous post, a new NBER paper by Casado et al estimates the effect of pandemic unemployment benefits on local spending: The FPUC supplement to unemployment insurance of $600 ended at the end of July 2020. Prior to its expiration, the average weekly benefit paid was $812, which would fall to $257, implying a decline in the replacement rate of 68%. The replacement rate was roughly 1.25 in the latest data, so the new replacement rate would be...

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An Idea Whose Time Has Come: Make Election Mail Free

Mark Jamison’s commentary on USPO matters have been featured at Angry Bear Blog a number of times over the years. A retired postmaster, Mark Jamison serves as an advisor, resident guru, and a regular contributor to Save the Post Office. Mark’s previous posts concerning the USPO can be found here at “Save The Post Office” or by doing the search function at Angry Bear.  Mark can also be contacted on USPO matters [email protected] ****************** A...

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Necessity of America

If not the US, who? In order to get it right, it is so important that we know what is going on now. In the midst of a pandemic, overpopulated, ever more marginalized by Global Warming, beggared with inequality, and sorely lacking leadership; the world is indeed going to hell in a handbasket. Take a look: An index of Fragile States: https://en.wikipedia.org/wiki/Failed_state#/media/File:Fragile_State_Index_2018.png...

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