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

Getting to know the Federal Workforce, part 2 

Brief commentary taking a look at the makeup of the Federal Workforce. As you can see the Department of Defense has the greatest number of employees. The next largest is the Department of Veterans Affairs. I posted this piece so as to allow Angry Bear readers understand the size of government. This is not a […]

Punishing people for their circumstances, not just their actions . . . “Chicago’s Million Dollar Blocks”

I changed the order of this article so as to attribute the authors and others in the beginning rather than near the end of this piece. I am reposting this article to Angry Bear Blog and attributing the authors, others, and any organizations which may have played a part in writing this piece. The why […]

DOGE “savings” are disappearing

Wonder if these expenses will show up on the DOGE ledger: “Early this spring, the Food and Drug Administration fired nearly 50 workers in the Office of Regulatory Policy – only to turn around and order them back to the office with one day’s notice. “After dismissing thousands of probationary employees for fabricated “performance” issues, […]

May jobs report: about as poor as an expansionary report could be

 – 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 […]

YoY jobless claims still rangebound, but continuing claims at 3.5 year high

– by New Deal democrat Let’s take our weekly look at jobless claims. Particularly since it is one of two “quick and dirty” elements that will indicate whether the “recession watch” I inaugurated yesterday will need to be upgraded to a “warning.” Initial claims rose 8,000 last week to 247,000, while the four week moving average […]

“Large Upward Redistribution of Income”

“For the very rich who will see enormous tax cuts from this bill, it all might end up being a good deal,” wrote Josh Bivens of the Economic Policy Institute. “For everybody else, it will not.” Economist Details How GOP Medicaid Cuts Would Be Disastrous for Everyone—Except the Super-Rich Common Dreams and Jake Johnson The […]

A Political Third Rail

Musk has lost his shine with Trump so he has been sidelined. Instead, Musk has become critical of Trump and what he is doing. In this case Musk is calling Trump’s latest “This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. […]

The awkward truth

If we just don’t see it, it didn’t happen, amirite? “Trump administration officials delayed and redacted a government forecast because it predicts an increase in the nation’s trade deficit in farm goods later this year, according to two people familiar with the matter. “The numbers run counter to President Donald Trump’s messaging that his economic […]

Whataboutism and the fake ‘fair and balanced’

Sure, Trump and Musk are endangering America by their cuts to the Department of National Security, the FBI and the CIA. Sure, those cuts make it easier for the next 9/11 attack. But whatabout back when the Democrats held the WH and Congress and had the clairvoyance to foresee all this and didn’t pass any […]

Trump vs Musk cage match?

Josh Marshall won’t come out and say it, but I will. Musk’s attack on Trump’s “Big Beautiful Bill” is political kayfabe. Josh points out that they could each draw blood but haven’t. “Both of these guys have very big weapons each can use against the other. Musk can invest money against the GOP budget bill […]