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

Housing short term indicators say “recession;” longer term indicators suggest “recovery” is close

 – by New Deal democrat When I updated this information in September, I wrote that “a puzzling relationship this year has been that the housing data has been classically recessionary for a number of months, and yet the economy has not rolled over.” I concluded that update by noting that while the report was “very much […]

US Healthcare? Paying More for Less

Beating a constant drum here of the Quality and Expense for United Staes healthcare. This short piece by CEPR’s John Schmitt offers excellent and simple graphs presenting the detail of healthcare in the United States versus other countries. Simplistic graphs and numbers for the United States and measured along with other countries. The issue is […]

Celebration of Self

Two points to this Dan Rather piece (subscriber). President in office should not have things named after them. Gerald Ford declined such. The sitting President Ford vetoed a bill branding things with his name because he believed federal buildings should not be named while he was in office, Neither should Presidents in office add their […]

Changing News Broadcasting

Could one call this a changing news environment to please political influencers? It sure seems to be swing in that direction. Time will tell . . . “The tragic end of CBS News” Robert Reich Friends, Producer Alicia Hastey departed CBS News Wednesday, saying the work she came to do was “increasingly becoming impossible,” as stories were […]

Financing Government Debt

The Cost of Financing U.S. Government Debt – By Daniel Bergstresser Econofact The Issue: The share of government spending devoted to paying interest on the United States’ government debt has risen sharply since 2020 and already exceeds what the government spends on defense. The outlook for the burden of the debt over the next decade has […]

Why the US failed in Cuba

This linked article is over 30 years old, but Cuba still has a socialist authoritarian government. After the collapse of the USSR, its primary benefactor. After the death of Fidel Castro and the retirement of Raul Castro. Decades of US boycotts and saber-rattling have failed to elicit regime change. That’s because the US never trusted […]

The Week Ahead

Why is it that one person can escape all prosecution because of who he or she knows, who they are, or what he or she does? I would not get the same treatment as they. Neither would you. I am not the president, a congressman, senator. Just a citizen who demands his rights in spite […]

The enemy is us

“Henry VIII dissolved monasteries and executed wives because the machinery of monarchy allowed it, and challenging him risked the entire structure. The Romanovs died because saving them threatened coalitions that mattered more than five lives in a basement. Kennedy’s death formalized distance because proximity had become a procedural risk. And Sarajevo exploded not because of […]

The Uncertainty of the Impact of Tariffs

Angry Bear is very fortunate to have guest posts by V.P. Erica York of the Tax Foundation. The timing of this particular commentary gives Angry readers some insight as to the impact and possible outcome of President Trump’s tariffs. The Court may have some input to add to the legitimacy of tariffs. Read on . […]