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

Revising the 2021 Budget to Pass Additional Budget bills

Democrats have used the the 2021 budget reconciliation process to pass the $1.9 trillion American Rescue Plan. This was made possible because Congress did not pass a budget resolution last year which allows Democrats to make use of it in 2021. Schumer plans to use the 2022 budget vehicle for individual portions Biden’s infrastructure and […]

“Personal income decreased $1,516.6 billion in February”

Commenter R.J.S., MARKETWATCH 666 Personal Income down 7.1% in February, Personal Spending down 1.0%, PCE Price Index up 0.2% The February report on Personal Income and Outlays from the Bureau of Economic Analysis gives us nearly half the data that will go into 1st quarter GDP, since it gives us 2 months of data on our […]

Box Ship Stuck in the Suez Canal

Mike’s Blog Roundup with Infidel 753 today featuring a Sunday post from “Butterflies and Wheels,” Ophelia Benson used commenter Freelander’s words about the Container ship stuck in the Suez Canal.. Whew, that was a long chain of tributes. If you do not know, the Suez is a short-cut saving days and tons of fuel used […]

Medicaid Enrollment Grew ~30% Year-Over-Year

Medicaid expansion enrollment grew nearly 30% year-over-year in 19-state sample, Andrew Sprung, XPOSTFACTOID, March 17, 2021 An update on Medicaid expansion enrollment growth since the pandemic struck. Below is a sampling of 19 expansion states through January of this year, and 14 states through February. Maintaining the assumption, explained here, “relatively slow growth in California would […]

What the USPS 10-year plan may have to say about future rate increases

Steve Hutkins at Save The Post Office continues with the documentation of issues and occurrences at the USPO. Steve presents a good take-down of what DeJoy’s plan is going forward. He is predicting a 3.6% increase on top of a CPI increase. There are two alternatives being presented, the Base case and the “Delivering for […]

8 PM EST, Angry Bear may be down for Hardware Update

Hey Gentlemen, Wanted to give you a heads up that we are upgrading our server hardware to increase performance on our websites tomorrow night (Friday, 3/26) at 7pm CST. This maintenance will likely result in an extended outage while the hardware is upgraded, which could last up to 2 hours. We are scheduling the upgrade […]

Incomplete and Indecisive USPS Board Floundering and Awaits Direction

It is undecided yet, as to whether a newly assembled Board of Governors would jointly act under the leadership of Ron Bloom, a Democrat and former Obama administration appointee, to dismiss PMG Louis DeJoy. President Biden has appointed three additional members to the Board including; – Ron Stroman, formerly the deputy postmaster general (resigned); – […]