Weekly Indicators for June 9 – 13 at Seeking Alpha  – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. While there were no significant changes in the indicators, there is evidence of  a downturn in consumer spending compared with the tariff front-running of several months ago, as well as a continued decline […]

I amongst many are against a premature calling out of the military against civilians. In this instance the California National Guard and the Federal Military. Both are classified as military units. There was no need of either. Trump has hardly moved out of the chair in his lunchroom watching TV while chowing down on a […]

The way we show respect for our troops is not by holding parades, standing up for the pledge or putting out little flags in cemeteries on Memorial Day. It’s by never putting them in harm’s way unless they are defending against an existential threat to America and by never putting them into positions that they […]

Trump thinks the DoJ is his personal law firm. And he thinks the military is his personal militia. So like all the rest of his contractors, he’s shafting them: “The 4,000 California National Guard soldiers who President Donald Trump surged into Los Angeles remain unpaid due to delays in issuing official activation orders, leaving compensation […]

 – by New Deal democrat This week’s update in jobless claims was decidedly mixed. Initial claims were unchanged at 248,000. Nevertheless this level was only equaled once and exceeded once in the past year. The four week moving average increased 5,000 to 240,500, the highest number since September 2023. With the typical one week delay, continuing […]

To our readers, I apologize for the loss of the site for the last hour. On the other hand, there is little Joel and I could do to fix the issue. Apparently, Cloudfare was making some changes. “Something” did not work in the change. Its failure took Angry Bear down. Have a good day. Regards, […]

The takeaway in this short report about firearm violence is “Black and Hispanic children were more likely to witness or be shot. Black children were 100 times, and Hispanic children 25 times, more likely than White children to be shot in Chicago and other major US cities. They are at greater risk of being shot […]

 – by New Deal democrat Even before the new Administration took office in Washington, my focus had been on whether the economy would have a “soft” or “hard” landing, i.e., recession. That has only intensified by the utter chaos of tariff-palooza! So my focus now is looking for “hard” vs.”soft” data indicating its impact. This month’s […]

Open Thread for Talk. You can talk about tipping waiters or you may choose a different topic. Initial topic is “tipping waiters.” When we go to dinner, we expect good service and usually get it. A good waiter is typically checking on the restaurant guests and being attentive to their needs. The exchange should be […]

by Sandwichman EconoSpeak Back in December, 2024, The Wall Street Journal carried a feature on an economics preprint research article that showed surprising findings. David Autor and Daron Acemoglu lauded the preprint. “It’s fantastic,” said Acemoglu. “I was floored,” said Autor. The two economists appeared in a photo flanking the author, Aidan Toner-Rodgers. Turns out Autor was right. The […]