Taxing Wealth and High Incomes, Econofact – by Christopher Towe What you are seeing here is the growth in the percentages of citizens who make up upper income brackets. In this case, we are looking at the 1 tenth of 1% of the population and hold 14.5% of the wealth in the United States […]
AB: For the last few months, New Deal democrat has been watching an economy on the brink of a recession. Still not quite there yet. The one factor keeping us above board is AI. A quick explanation why. The pending on AI infrastructure accounts for a large portion of U.S. GDP growth today. Such offsets […]
I added a report by “News Hound Ellen” at Crooks and Liars. It has been a while since Angry Bear has featured a commentary from Crooks and Liars. Using the Washington Post, Ellen does an excellent job portraying how this administration is developing its presidential slush fund. Not for the public’s eyes! Short read and […]
Report by Benedict Vigers on how young America is faring in today’s Job Market. Fewer young people are finding jobs in America than those who are 55 and older. That is kind of odd as companies typically favor the young over the old in job searches. To read this is kind of a surprise for […]
This morning there is a slew of economic data, including personal indome and spending, jobless claims, durable and capital goods orders, revisions to GDP, and new home sales. Since tomorrow there is very little data, I am going to report on the first two tdoay, and save the rest for tomorrow. – by New Deal democrat […]
Just Some thoughts . . . NPR: “The latest executive order, issued March 31, calls for the Department of Homeland Security to work with the Social Security Administration to create lists of adult U.S. citizens in each state, and to send those lists to state election officials. It also calls for the U.S. Postal Service — […]
President Trump says the economy is strong and “we have the best economy.” The number do not necessary support his contention. Food as well as other items have experienced increasing prices without an increase in take home pay to match the costs of this economy. “Nearly half of the people responding to the University of […]
What are the numbers, which states did better, what parts of the economy did better, Jobs?, etc. It is all here in a few charts, numbers and words. Hope things are going well for readers as the Economy starts to slide. Maybe I will be wrong on the economy! Trump will find a way to […]
Just about the time we get the economy under control, someone from another country (who is in trouble) convinces Trump we need to attack a different country. Some how, the deal maker is always suckered in. The nation is going to pay for it in the long haul. Taken from Newsweek.”Inflation Jumps to Highest Level.. […]
Curing U.S. Health Care, Part II Paul Krugman On March 23, 2010 President Barack Obama signed the Patient Protection and Affordable Care Act — usually referred to either as the Affordable Care Act or as Obamacare — into law. Joe Biden, then the vice president, could be overheard whispering “This is a big fucking deal.” […]