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Weekly jobless claims return to near normal

[unable to retrieve full-text content]– by New Deal democrat After two weeks of being highly elevated YoY, initial claims returned to a more “normal” range this week, as except for Florida, hurricane disruptions largely disappeared. For the week initial claims declined -15,000 to 227,000. The four week moving average increased 2,000 to 238,500. With the typical one week delay, […] The post Weekly jobless claims return to near normal appeared first on Angry Bear.

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The Economist and the American Economy

It takes something for me to say that The Economist is probably right. Sure enough the cover of The Economist, which has led to many critiques, sarcastic comments, and plain mockery by some friends on the left, was a bit hyperbolic. But the main argument of the piece -- basically that the American economy did pretty well in the recovery from the Pandemic, and that the United States has done well when compared to other advanced economies, and better than it did in the last few recoveries,...

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Finanspolitiska ramverk och ofinansierade skattesänkningar

Yours truly var häromdagen i Stockholm och deltog i en forskarpanel om det finanspolitiska ramverket arrangerat av Arena Idé med anledning av den skuggöversyn Elinor Odeberg och Vilgot Österlund nyligen publicerat. Som alltid vid sådana här evenemang sägs både en del tänkvärda och en del mindre genomtänkta saker.  Av det senare slaget var kanske det mest anmärkningsvärda att socialdemokraternas ekonomisk-politiske talesperson, Mikael Damberg, när han försökte försvara den...

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Political cowardice in the C-suites

[unable to retrieve full-text content]Political? No. This group of big time Execs are tough on labor and citizenry. Yet, they are afraid of one man who has displayed himself as a racist, misogynist, bigot, bully, liar, etc. It takes a woman in the form of Kamala Harris to push back on Trump. Trump is afraid of Harris and will […] The post Political cowardice in the C-suites appeared first on Angry Bear.

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The economics of Trump II

[unable to retrieve full-text content]Trump is promising lots of tariffs if he’s elected. Make no mistake: American consumers pay tariffs, not the exporting country. US consumers will be hit by (a) increased cost of imported goods, and (b) increased cost of domestic goods, as domestic producers raise prices to match imports. Econ 101. Trump is promising to lift taxes […] The post The economics of Trump II appeared first on Angry Bear.

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COVID-19 Pandemic and Vaccine Imperialism – Review of Radical Political Economics

The paper titled ‘COVID-19 Pandemic and Vaccine Imperialism’ (authored by Stergios A. Seretis https://orcid.org/0000-0002-9115-2522, Stavros D. Mavroudeas https://orcid.org/0000-0003-2230-7479 [email protected], […], and Elias Kondilis https://orcid.org/0000-0001-9592-2830+2View all authors and affiliations) has been published in the Review of Radical Political Economics. Abstract The COVID-19 pandemic revealed and exacerbated the global inequalities regarding the...

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The Misinformation About Immigrants in the United States

[unable to retrieve full-text content]During the Trump administration (according to the Migration Policy Institute), the Trump administration signed over four hundred executive actions on immigration between January 2017 and July 2020.  These executive action changes limited asylum, banned entry from a list of countries (initially seven, but later expanded to thirteen), sought to deter cross-border immigration from Mexico and […] The post The Misinformation About Immigrants in the...

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Shifting the burden of supporting the country from the wealthy to average Americans

[unable to retrieve full-text content]He wanted generals like Hitler’s, a leader he sometimes praised. “Do you really believe you’re not loyal to me?” Trump asked then–chief of staff General John Kelly. Kelly was clear: “I’m certainly part of the administration, but my ultimate loyalty is to the rule of law.” October 22, 2024 – by Prof. Heather Cox Richardson […] The post Shifting the burden of supporting the country from the...

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