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

New domain name and comment catchup

Angry Bear has just switched from its blogspot address to its own domain name of http://angrybearblog.strategydemo.com (Angry bear blog) JS-Kit has also just been changed to the new domain name but will take a little bit of time to make the transfer on its servers. I figured few will be visiting soon to read comments […]

The Super Bowl Stock Market Predictor

Lifted from NPR Weekend Edition: The Super Bowl Stock Market Predictor holds that if a team from the old NFL wins, the market will rise in that year; if a team from the old AFL wins, the market will fall. In 1990 two researchers found that the predictor was accurate 91 percent of the time. […]

Globalization….lifted from comments

I lifted these comments by rl love concerning a way to look at our current discussion about jobs from Linda Beale’s post on Tax Foundation analysis: Rl love writes on the nature of trade for the US: Stiglitz: ” … the export of T-bills is different from the export of cars or computers or almost […]

Topical thread Feb.3 2010 Pop. density and idealogy

reader sammy submits this question: Population Density and Ideology Sammy compared the famous Red/Blue electoral map (by county) with a map of Population Density and found pretty strong correlation. Areas with high population density vote Democratic, while areas with low population density vote Republican. What, if anything, explains this correlation? Sammy’s theory is: 1) People […]

The Tax Foundation–at it again with bunk about overtaxed

by Linda Beale The Tax Foundation–at it again with bunk about overtaxed corporations Ok, I’m tired of it. Aren’t you? The Tax Foundation–an organization that claims bipartisanship but these days seems to be a shill for corporate managers and owners–is at it again, claiming that US businesses “are paying the second-highest corporate tax rate in […]

Japan to increase holding of US assets

by Rebecca Wilder Japan to increase holding of US assets Here’s one that was tucked away in the Financial Times, Japan Post Bank urged to diversify holdings. With all of the talk about China, its currency, and the question of the Chinese “financing the U.S. deficit”, the media always forgets about Japan! From the FT: […]

Real GDP per Capita and Tax Cuts, Top Marginal Income Tax Rate Edition

by cactus Real GDP per Capita and Tax Cuts, Top Marginal Income Tax Rate Edition One often hears that cutting marginal income tax rates, particularly on high individuals, leads to faster economic growth. Let’s dispense with argumentification, opinionizing and pontificatulationizing and graph us some data. Data for this post – top marginal rates from the […]