Relevant and even prescient commentary on news, politics and the economy.

Okay, so Clinton wouldn’t want Iowa Gov. Terry Branstad administering her healthcare insurance. Instead she wants Anthem Blue Cross to continue to do that.

Hmmm.  I wonder which one of her consultants wrote that one for her, and I wonder how many times she practiced saying it. I mean, y’know, just sayin’. —- UPDATE: Reader Urban Legend asked me in the comments to this thread to provide a link to what I’m referring to.  Here’s what I’m referring to: […]

Gas All Boomers" Or At Least Tax And Cut Their Benefits More Says WaPo

by Barkley Rosser    “Gas All Boomers” Or At Least Tax And Cut Their Benefits More Says WaPo No, nobody in today’s Washington Post Outlook section devoted to the boomers said that first line, although it has become a commonplace on such sites as Economics Job Market Rumors where anonymous and frustrated millennials very frequently and […]

#PorteOuverte Paris attack PSA.

There have been four terrorist attacks in Paris tonight. At least 35 people were killed and about 100 taken hostage. In the horror, there is one promising development which might be useful to any angrybear readers in Paris #PorteOuverte Parisians have been advised to stay home until the situation is under control. It being Friday […]

Low Inflation Pressures at Zero Output Gap due to rising Inequality

Menzie Chinn wrote about various ways to estimate potential GDP. It becomes perplexing when an estimation shows that the output gap could be zero. Why? Because there are such weak inflation pressures… “That seems implausible to me, but then, so too does a nearly zero gap, given the lagging inflation rate.” – Menzie Chinn The […]

Dow’s Attractor Level over the past year

Since December of 2014, I have been tweeting that the Dow will orbit around an attractor level around 17,300… “Dow is in what I see as stable part of weightless orbit around 17,200… waiting for Fed communications” — Edward Lambert (@wisegrowth) December 17, 2014 “Dow heading toward attractor zone of 17,200 to 17,300 that I […]

The Continuing Dominance of the Dollar: A Review of Cohen’s “Currency Power”

by Joseph Joyce The Continuing Dominance of the Dollar: A Review of Cohen’s “Currency Power” Every year I choose a book that deals with an important aspect of globalization, and award it the Globalization Book of the Year, also known as the “Globie.” Unfortunately, there is no cash prize to go along with it, so […]

Do Voters Who Want ‘Change’ Really Care More About the Age of the Candidate Than About the Age of the Candidate’s Ideas? REALLY?

The Marco Rubio debate moment that worries Democrats: When Marco Rubio cast the election as a ‘generational choice,’ he took a page out of the Obama playbook to portray himself as the candidate of future. It could work. — Title and subtitle of an article in today’s Christian Science Monitor, by Linda Feldman (via Yahoo Politics) […]

Forecasting the 2016 election economy: in which I respond to Nate Silver

-by New Deal democrat Forecasting the 2016 election economy: in which I respond to Nate Silver As you all know, I have been writing a series about “Forecasting the 2016 election economy.” In general, good economic conditions at election time usually mean the return of the incumbent party to the White House, while a recession […]

The Futility of low interest rates to save the already Marginalized

One who makes comments on Angry Bear, William Ryan, said… “Besides I thought we have been in a slump since 2008 haven’t we?( I guess it depends on what sector of the economy we are talking about)” What sector has been in a slump? Middle and low incomes. Wages have been barely rising. Under-employment is […]