“Every time inflation went up more than aggregate payrolls YoY, it marked the beginning of a recession +/- 2 months.“ More fuel to help consumers deal with tariffs: real aggregate nonsupervisory payrolls likely increased again in April – by New Deal democrat One of my favorite indicators is both a significant update from last week’s jobs […]
“Something strange, and potentially alarming, is happening to the job market for young, educated workers,” The Atlantic According to the New York Federal Reserve, labor conditions for recent college graduates have “deteriorated noticeably” in the past few months, and the unemployment rate now stands at an unusually high 5.8 percent. Even newly minted M.B.A.s from elite programs […]
Trump announced that he’ll sign an executive order today that will lower drug costs in the US. ““I will be instituting a MOST FAVORED NATION’S POLICY whereby the United States will pay the same price as the Nation that pays the lowest price anywhere in the World,” the president posted Sunday on his social media […]
“It came out that the Qataris were gifting the souped-up plane to the U.S. for Trump’s use as President and then, after his presidency, it would be given to the Trump Presidential Library. As soon as I heard this, I was pretty sure this had now become a bribe. But I figured the public idea […]
Comment by Terry (Terrance Nilles) as taken from “Trump’s China tariff gambit is failing,” Angry Bear At the end of the day, I think the whole tariff thing is not about raising money to pay for tax cuts or to bring industry back to this country or to stop fentanyl from coming across the border. […]
European leaders arrive in Kyiv after Putin’s parade, Bangkok Post KYIV — The leaders of Britain, France, Germany and Poland arrived in Kyiv on Saturday for talks with Ukrainian President Volodymyr Zelenskiy in a show of unity a day after Russia’s Vladimir Putin hosted his allies in a Victory Day parade on Red Square. The […]
This does not surprise me. States attempting to attract business which will be in the right industry or the industry of the future. I am sure there will be more occurrences as politicians and states attempt to get ahead of the curve by attracting the right industry. Fortunately and in AZ, we have TSMC building […]
Some select facts about the Treasury Department Functions. This includes the size of it, currency, national banks, costs of tax collection, budget, etc. The latter of which make the Treasury the third largest department fund wise. Some interesting graphs depicting functions. What does the Department of the Treasury do? USAFacts Last month, a federal judge […]
More wheeling and dealing by the Trump administration and Musk. As Common Dreams calls it, More Corruption. I am not sure if any other of the past presidencies can match the open quid pro quo we are witnessing with this administration. And it is right out in the open. Hey, wish to lose the tariffs, […]
Angry Bear did have “open threads” in the past. They were meant to allow commenters to discuss topics which were important to them. The same rules apply in that you have to be polite, unruly, etc. I added one topic to this Open Thread. If there are other topics you wish to talk about, have […]