Sometimes, you can get the best deals when the economy is not so good. However, you may end up with a higher mortgage rate. One years we purchase a home In Schaumberg, Il for a good price and ended up with a 12% mortgage due to the economy. Since my wife’s mother was living with […]

A rundown of the politics and the economy . . . April 28, 2026 Letters from an American Prof. Heather Cox Richardson There is a frenzied feeling to the news coming from the White House these days. Yesterday, the administration tried to blame Democrats and the media for the incident at the White House Correspondents’ […]

I subscribe to a Dean Baker site. Typically, he is on the economic side of information. This commentary has a little bit of both economics and politics. What to do with Iran when the president is Trump. The rest of the world teeters economically for every action Trump takes. “Trump’s Ignorance Could Kill Millions” Patreon […]

Additional nontechnical information on tariffs in the United States EconoFact: Tariff Payback Tariff Payback This week, the Trump administration began accepting requests for refunds of more than $166 billion in tariff payments following the Supreme Court’s February ruling: “the International Emergency Economic Powers Act (IEEPA) does not authorize the President to impose tariffs.” Who Benefits: But while the refunds […]

Unusual for one SCOTUS judge to criticize another judge openly. Justice Sonia is correct though as Justice Kavanaugh did not take everything into account as to the temporary stops. U.S. Supreme Court Justice Sonia Sotomayor on Tuesday criticized another member of the high court for failing to understand the consequences of an order issued last […]

This commentary is a breakdown of Figure 1 detailing each of the results and purposes of Medicap. I favor graphs as it is far easier to understand than reading a few pages. The charts do show issues such as income to afford Medigap and restrictions. I have Plan N which covers most of what I […]

Not an unusual topic depicted on Angry Bear. I have been writing on this topic for a number of years. But different approach by Dean Baker which I have not seen in a while. “We pay twice as much for our drugs and medical equipment as people in other wealthy countries. We also pay twice […]

A year later, here’s where things stand on Trump’s manufacturing revival . . . What happened when Trump put a stack of tariffs into play? Not much good is happening for Labor, In the first place the amount of Labor in manufacturing has been declining for years due to manual machining going to multi-functional NC […]

Unemployment has increased for U.S.-born workers in the face of mass deportations: Trump’s draconian immigration enforcement is harming all workers. Economic Policy Institute, April 3, 2026 During the 2024 campaign, Donald Trump and J.D. Vance promised that mass deportations and a crack-down on immigration would open up jobs for unemployed U.S. citizens. The theory was […]

“As USPS faces a cash crisis, rivals FedEx, UPS spend big on lobbying” – By Joedy McCreary, April 13, 2026 Open Secrets FedEx and UPS spent almost $20 million on lobbying last year. (Photo by 400tamx/Getty Images) FedEx and UPS – two private carriers positioned to capitalize on a weakened U.S. Postal Service – poured […]