– by New Deal democrat Per my comments yesterday, so much data was released (with none coming today) that I did not report on several of the items. I’ll get to new home sales later, but first let’s talk about new orders and revised GDP. The central theme of yesterday’s personal income and spending report […]
These are partials. I have not found one article talking about the entire process. Trump is so volatile, it is hard to know where these talks are going to end up. Oil Price present a “now, short term view. The FED is looking at it from an inflationary aspect. Bolton does not believe we are […]
We should be clear: Bari Weiss is murdering 60 Minutes. She is doing so not out of incompetence or foolishness, but with malice aforethought. She is doing it at the behest of her corporate patron, because while she may cause CBS News to lose millions of dollars, her stroking of Trump will gain David Ellison […]
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 […]