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

Positive trend in jobless claims continues through year end

[Note: Yesterday was a travel day, and I didn’t get around to posting the regional Fed services survey averages for December. I’ll try to get to that later today.] The last weekly jobless report continues the trend of an improved picture – as in, very few people are getting laid off – that has typified […]

“Epstein’s Library”

Once again, I’m apologizing at the top of a longer-than-I’d-like-it-to-be Saturday night column. Nonetheless, whether you’re just getting in from a holiday party or waking up early for a busy day (or perhaps late, given ongoing festivities), I hope you’ll take a moment to work your way through all of it. Redacted: Donald & Jeffrey, […]

Raising Taxes on The Rich in Income for Healthcare

This short piece suggests how healthcare could be paid for in the US. A necessary first step to restore faith in American democracy and the public sector. or how to close the nation’s current fiscal gap. Right now the current Republican Administration led by President Tru_p solution is to cut healthcare via Medcaid to much […]

Stephen Kotkin

Kotkin came to my attention through reading the first two volumes of his projected three-volume history of Stalin (the third volume has been long delayed). I just stumbled upon a two-part interview of Kotkin about his second volume. I was curious about what he looked like and how he spoke, so I watched them both. […]

National Guard Deployment and the “Stops”

I subscribe to “Letters from an American.” Every once and awhile I feature a “Letters” commentary on Angry Bear so as to inform what Prof. Cox is seeing in America today. There are some important notes discussed in this commentary such as deployment of the National Guard and the use of the “Kavanaugh Stops” The […]

Regional Fed manufacturing indexes suggest 2025 trends are slowly abating

 – by New Deal democrat Although the federal government shutdown has been over for a month and a half, most of the data that has been released has lagged badly, especially including data on sales, spending, and business orders. That means that the most current measures of these are the ISM manufacturing and non-manufacturing reports, due […]

AI Rapidly Replacing Labor – Workers

Artificial intelligence is already taking jobs from human workers, but according to renowned computer scientist Geoffrey Hinton, the real disruption may only be getting started. In a weekend interview on CNN’s State of the Union, Hinton predicted that AI systems will make significant leaps in 2026, gaining capabilities that could allow them to replace an even […]

Weekly Indicators for December 22 – 26, 2025

 – by New Deal democrat My ”Weekly Indicators” post is up at Seeking Alpha. The year ended with a magnification of several trends that have been a theme all year: the US $ is down almost 10%, largely responsible for a nearly 15% rise in commodity prices, while consumer spending ended with a bang as well. “Commerce […]

Europe’s water reserves

I would have thought the Unted States would be the first to have issues. We are not careful with our usage or pollution runoff. United States Citizens take fresh water for granted and abuse the usage of it. I have found Europeans to be more careful in their usage of fresh water and the pollution […]