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

Postal workers and allies to protest DeJoy’s Ten-Year Plan

“Postal workers and allies to protest DeJoy’s Ten-Year Plan at BOG meeting, Save the Post Office, Steve Hutkins I missed this announcement at Steve Hutkins “Save The Post Office” blog. Apparently a large number of US Post Office supporters went to the Governor’s meeting and expressed their opinion on Postmaster Louis DeJoy’s plan to centralize […]

How is the working-middle class doing? Real average non-supervisory wages

Real average hourly wages and real aggregate payrolls for October  – by New Deal democrat With yesterday’s report on October consumer prices, we can take up two of my favorite measures of how the working/middle class is doing – real average non-supervisory wages, and real aggregate payrolls. Real average wages for non-supervisory workers declined -0.1% […]

October CPI reports total inflation increases at a 3.5% annual rate

October CPI report: total inflation increasing at 3.5% annual rate, core inflation minus shelter increasing at 2.8% annual rate in the past 4 months  – by New Deal democrat For a full year now I’ve been hammering the fact that the official CPI measure of housing inflation, “owners’ equivalent rent,” seriously lags actual house prices as […]

Democrats wrest control of Michigan Legislature for first time in almost 40 years

I lived in Michigan for 27 years having moved from Madison Wisconsin. If I had my choice, we would have stayed in Madison. It was damn cold in the winter. We were still able to do things though. Michigan was not quite the same. It was never really home for us. Just too many things […]

Jobless claims: still holding steady

Jobless claims: still holding steady  – by New Deal democrat Initial jobless claims rose slightly, by 7,000, from one week ago to 225,000. The 4 week average declined -250 to 218,750. Continuing claims also rose slightly, by 6,000, to 1,493,000: This is right in the middle of where claims have been for the last 6 […]

Letters from an American – November 9, 2022

“November 9, 2022,” Letters from an American, Prof. Heather Cox Richardson, (substack.com) Yesterday was a good day for democracy. Americans turned out to defend our principles from those who denied our right to choose our own leaders. There was little violence, the election appears to have gone smoothly, and there are few claims of “fraud.” […]

What News Was in My In-Box, November 9, 2022

Some Good Commentary this week. I would pay attention to the articles on Medicare Advantage. There has been a lot of complaints. If you are on Traditional Medicare, Be careful as they have been switching people over to Advantage Plans without asking. Sounds like the Fed believes people have too much cash in savings according […]

Climate Change Motivates Students to Vote in Midterms

A brief introduction. I received an email about a week ago asking if Angry Bear would be interested. I wish I had posted it then. The survey reflects what students of all ages are thinking about Climate Change. A good read . . . ~~~~~~~~ A BestColleges survey reveals the majority of students think climate […]

A Bit of History on the “Right to Vote”

This seems appropriate three days before an important election. Are we going to take back our right and not allow a minority to force their will upon a nation. Denying women, the right to decide was just one step in the process. I think we will take that right back. Professor Heather Cox – Richardson […]

New Deal democrat’s Weekly Indicators for October 31 – November 4

“Weekly Indicators for October 31 – November 4″ at Seeking Alpha.  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Data doesn’t move relentlessly in one direction, and this week there was some improvement in some of the indicators I follow. As usual, clicking over and reading will bring you up […]