Tag Archives: US EConomics

[unable to retrieve full-text content]A former mentor once explained to me why America would be better off if scientists ran the country. While technocracy isn’t inherently anti-democratic—America could simply elect scientists and engineers—the notion smacks of elitism. Of course, this country was founded on the idea of elitism. Only property-owning White men could vote. The president was appointed by […] The post Techno-Stalinism and the death of democracy appeared...

[unable to retrieve full-text content]Jim VandeHei and Mike Allen review Trumps budget cuts. The implication here is it is near impossible to achieve the dramatic cuts without imposing severe penalties on the US Citizenry, The attempt is to balance the budget so as intakes equal outtakes of funds. Except Trump does not want to fix his 2017 tax break. […] The post Planned Budget Cuts and Impact appeared first on Angry Bear.

[unable to retrieve full-text content]When I started out. it was the money. Kind of hard to buy a house and have kids if together you are pulling in $24,000/year. Then when the family starts, one of us will not be working (that was the plan). Get the first job, change jobs at two years, and work your way up […] The post Reasons for Taking a New Job appeared first on Angry Bear.

[unable to retrieve full-text content]– by New Deal democrat There was unwelcome news in this morning’s repeat home sales reports from the FHFA and Case-Shiller. On a seasonally adjusted basis, in the three-month average through December, according to the Case-Shiller national index (light blue in the graphs below) prices rose 0.5%, and the somewhat more leading FHFA purchase only index (dark […] The post Unwelcome news for homebuyers and the CPI, as repeat home...

[unable to retrieve full-text content]Q3 2024 QCEW suggests employment was considerably weaker than we thought last year – by New Deal democrat This will be income, spending, and housing week, but that won’t start until tomorrow. While there’s no news today, there was an important update to employment data last week; namely, the QCEW for Q3 of last year. […] The post Employment was Considerably Weaker than We Thought Last Year appeared first on Angry Bear.

[unable to retrieve full-text content]God has a plan and Congress does not. November 2024 and the election is over. Rep. Mark Alford, a Lake Winnebago Republican, won a second term in Congress Tuesday, gliding to an easy election win in Missouri’s heavily conservative 4th Congressional District. The Associated Press called the race for Alford at 9:24 p.m. At the […] The post A Change in Attitude after the November Election appeared first on Angry Bear.

[unable to retrieve full-text content] – by New Deal democrat Existing home sales have been flat in the general range of 3.85 -4.10 million annualized for two years, and that continued in January, as on a monthly basis sales decreased -4.9% to 40.8 million from an upwardly revised December number of 4.29 million annualized: The slightly better numbers in the […] The post Existing home sales: trends of increasing prices, increasing inventory, and flat sales all continue...

[unable to retrieve full-text content]For those of you who may wonder? I am not pirating a Krugman article. I pay for a subscription as well as others which I feature from time to time at Angry Bear. Economist Paul is popular. I like his reads on particular issues, and I know others do also. Angry Bear does have some […] The post Making Manufacturing Great Again appeared first on Angry Bear.

[unable to retrieve full-text content]“Congress is considering proposals that could change Medicaid financing and eligibility. “Some of these proposed changes could cause millions of people to lose access to care under Medicaid. People without coverage often skip necessary care, leading to worse health outcomes. For people in poor health, the results can be dangerous. “Cuts will put a greater […] The post GOP cuts to Medicaid will harm America’s health appeared...

[unable to retrieve full-text content]Even I am thinking of a recession as more and more people or Labor are being let go by the government. The layoff has expanded from just the government. Corporations are laying off people also. It is not like there was a huge decrease in business. Maybe companies believe they can be more efficient by […] The post Fixing Economic Inefficiency by Cutting Labor appeared first on Angry Bear.