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

The state of freight

 – by New Deal democrat It is very difficult to track the impacts of Tariff-palooza! on the US supply chain, due to delays in any sort of accurate reporting. But below is the best overall picture I have been able to decipher. Mainly the delay is focused on the trucking industry, because rail is very concentrated […]

Respecting our troops

The way we show respect for our troops is not by holding parades, standing up for the pledge or putting out little flags in cemeteries on Memorial Day. It’s by never putting them in harm’s way unless they are defending against an existential threat to America and by never putting them into positions that they […]

The art of the shaft

Trump thinks the DoJ is his personal law firm. And he thinks the military is his personal militia. So like all the rest of his contractors, he’s shafting them: “The 4,000 California National Guard soldiers who President Donald Trump surged into Los Angeles remain unpaid due to delays in issuing official activation orders, leaving compensation […]

Subsidizing the Upper Income Citizens by Stiffing Lower Income Citizens

“Distributional Effects of H.R. 1, the One Big Beautiful Bill Act” CBO and the staff of the Joint Committee on Taxation (JCT) analysis of the budgetary and distributional effects of H.R. 1 or the “One Beautiful Piece of ? as passed on May 22, 2025. CBO estimates, on average, household resources would increase over the […]

House Bill and Healthcare

One of the programs in play is reductions in Medicaid and Market Place provisions to pay for the tax breaks to a few. Cutting these programs will result in higher deficits also. Reductions in Medicaid and Marketplace provisions will reduce the roughly $1 trillion in ten-year federal savings these provisions generate thereby magnifying the beautiful […]

WWSD (What Would Stalin Do)?

There was a time when Republican stood foursquare in favor of local and state government over the federal government. No more. “Noem Says National Guard Occupation Is Meant To ‘Liberate’ LA from its mayor and governor” Wonder if the citizens of LA and CA knew they were in need of “liberation” and whether they think […]

New 21 month high in the four-week average of initial claims; and new 3.5 year high in continuing claims. But no recession signal

 – by New Deal democrat This week’s update in jobless claims was decidedly mixed. Initial claims were unchanged at 248,000. Nevertheless this level was only equaled once and exceeded once in the past year. The four week moving average increased 5,000 to 240,500, the highest number since September 2023. With the typical one week delay, continuing […]

Angry Bear’s System

To our readers, I apologize for the loss of the site for the last hour. On the other hand, there is little Joel and I could do to fix the issue. Apparently, Cloudfare was making some changes. “Something” did not work in the change. Its failure took Angry Bear down. Have a good day. Regards, […]