Below is my speech on Ukraine in the House of Lords on the 25th of October. Unfortunately, time constraints forced me to leave out two bits of my argument which I will put in brackets in the text. “My Lords, I am usually put last on the speakers’ list in any debate on this topic, but I treat that as a badge of honour. I welcome the opportunity we have been given to take note. I have been taking note of the Government’s position on Ukraine for over two years now. It is unchanging: the...

[unable to retrieve full-text content]I chose this particular period to present as it depicts the impact of pandemic. It also shows the results of President Biden’s economic stimulus targeting manufacturing. And yes, you can also see the impact of the FED on the economy and their actions to normalize growth. It is a simple read. Yes, there is some […] The post Second Quarter 2024, U.S Manufacturing Report appeared first on Angry Bear.

[unable to retrieve full-text content]Kevin Drum over at jabberwocking.com watched the Trump spectacle over at Madison Square Garden so we didn’t have to. He zeros in on Elon Musk: “Elon used to be smart enough to do simple addition, but he thinks we can cut “at least” $2 trillion from federal spending—which amounted to $6.1 trillion last year, not […] The post Elon Musk can’t do arithmetic appeared first on Angry Bear.

[unable to retrieve full-text content]You are going to hear a lot from Vance saying, “Trump would, Trump says, Trump did, etc. Vance has little foundation to support his commentary. It will always be they said and not I believe or say . . . That is the Republican version of a vice president. Feet made of sand . . […] The post Vance . . . Trump administration would end funding to Planned Parenthood appeared first on Angry Bear.

[unable to retrieve full-text content]What the Economists say Not likely. However it is a good economic and political ploy to play on voters. And Trump plays it well to stir up voters. The tariffs Trump proposes will hurt far more US citizens economically than immigrants coming to America legally or illegally. Trump is betting he can play on people’s […] The post Are immigrants taking jobs from ‘native’ U.S. workers?  appeared first on Angry Bear.

Can it be truthfully said that “internal borrowing shifts the war burden to future generations while taxing places it on the present generation”? A thousand times no! The present generation must still give up resources to produce the munitions hurled at the enemy. In the future, some of our grandchildren will be giving up goods and services to other grandchildren. That is the nub of the matter. The only way in which we can impose a direct burden on the future nation as a whole...

Publications The OBR’s fiscal powers need a rethink Outdated fiscal assumptions are limiting the chancellor’s spending power by £8bn a year By Dominic Caddick 28 October 2024 Download the report...

I spend a lot of time these days thinking about what I, and Australia as a nation, should do if the US ceases to be a democracy. But, it doesn’t seem as if lots of other people are thinking this way. One possibility is that people just don’t want to think about it. Another, though, is that I’ve overestimated the probability of this outcome. To check on this, I set up a flowchart using a free online program called drawio. Here;s what I came up with I hope it’s self-explanatory....

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here. Share this:Like Loading...

[unable to retrieve full-text content]– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Ever since – and in response to – the really good jobs report early this month, interest rate yields on bonds have crept back up, giving back most of their summer gains. That puts some pressure on the long leading indicators. Also […] The post New Deal democrats Weekly Indicators for October 21 – 25 appeared first on Angry Bear.