For MLK Day: Blacks are faring better during the post-pandemic Boom than at almost any time in the previous 50+ years – by New Deal democrat On this MLK Jr. national holiday, let’s take a look at how Blacks are faring in the current economy. And the answer is, pretty good! The unemployment rate for Blacks […]
I’m reading Homelands: A personal history of Europe by Timothy Garton Ash. The book is organized by decades, and the decade of 1980-89 was a historically significant one for Central Europe. By the end of the decade, the “communist” dictatorships in Poland, Hungary, East Germany and Czechoslovakia had collapsed. Real history resists simplification, but to […]
Some morning economics in the states trying to rein in costs. Mississippi Governor Tate Reeves takes on a cut back on food for kids by not accepting a fully funded program. Tate looks like he could spare a few pounds except . . . Republican Governor Tate Reeves is declining to participate in the federal […]
As taken from “In ‘wild western Licking County,’ rogue builders meeting permit enforcers bent on upholding laws,” msn.com, as written by Alan Miller. The Angry Bear writer has added his own experiences to the article. There are modifications to the original article. With the rapid pace of growth in western Licking County, some commercial builders […]
Texas took it upon themselves to guard the border and not allow the Border Patrol entry to Shelby Park, a 47-acre Texas public park. The Border Patrol typically apprehends people crossing the river at that point. Texas/US military soldiers were sent to the area to block any migrants from crossing the river. A group of […]
I have a very extreme opinion about what we can learn from the struggle between Russian and Ukraine for control of the Black Sea. First I think it is agreed that Ukraine basically has won the struggle so far. First Russia removed naval vessels from Sebastopol to Russia proper — this is huge news as […]
“Academics and freedom of speech,” The one-handed economist, David Zetland The First Amendment of the US constitution reads: Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the […]
Weekly Indicators for January 8 – 12 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. There are almost always a few interesting ripples in the pond. In the past month, notably there has been the sudden collapse in YoY tax withholding payments. I’m not too concerned yet, […]
Producer prices flat, commodities decline, confirming shelter as sole inflationary pressure – by New Deal democrat Once again producer prices confirmed that the only significant problem in inflation is shelter. In December commodity prices declined -1.3%. For finished goods they declined -1.2%. Even producer prices for services were unchanged: On a YoY basis, commodity prices […]
Our current economic model, premised on profits and returns, consumption, and growth — on greed, has proven to be problematic for the environment, society, and governance.* Over time, humans have inflicted grave damage to the land, forests, rivers, streams, and atmosphere. Some of this was in the interest of survival. A lot more was done […]