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

Consumer inflation went to sleep in October-November, driven mainly by a steep deceleration in shelter price increases

 – by New Deal democrat A truncated version of the CPI was reported for November this morning. Since no data was collected for October, the monthly change in those values was not calculated, the Census Bureau apparently having elected not to publish with the cumulative two month changes since September. Nevertheless, the two month numbers are […]

Inflation and the Economy

Just pulling together a couple of different source reports which briefly and pretty much say similar. We are still not sure which way the economy is going. In reality, the outcome is more likely than not is in the hands of Trump and his knee-jerk reactions. We are at a pivotal point. Surveys of Consumers, […]

Roberts and The Court Grants Immunity to the Pres . . .

It is as if we have reversed course to the medieval times where kings were exactly such and their rule of order was final. John of England sold justice, sold offices, and generally acted arbitrarily, defying feudal customs and laws. In 1215, a powerful group of barons renounced their allegiance, seized London, and confronted King […]

No Vote on Healthcare this Year – 2025

A Republican led House of Representative could not come to an agreement on the continuation of subsidized ACA healthcare for their constituents. I would think they should stay in conference over the holiday until they do reach some type of agreement. There is no energy in them to inconvenience themselves for constituents. WASHINGTON — It […]

Americans Are Being Hurt by Republican/Tru_p Economic Policies

Robert Reich in his latest commentary (“Why Americans are going batsh*t over the cost of living”) details what is going on today in the economy with Trump’s involvement. Overall? Not good . . . The Bureau of Labor Statistics (which can still be trusted!) reports today that just 64,000 jobs were added to the economy […]

Combined October and November jobs report: a hairs-breadth from recessionary, at best

 – by New Deal democrat At Last this morning we got some up to date labor data from the federal government, but only partially. The Establishment Survey was updated for both October and November, while the Household Survey was not conducted at all for October, and so jumps from September to November. In November virtually all […]

ACA Healthcare Extension

Taking this from Health Affairs which addresses the solutions and the issues. It is too long to post at Angry Bear. I am providing a link above. “No Clear Front-Runner to Extend ACA Healthcare Subsidies.” Some details. Plans When It Can Happen Satisfying the Fears of Ineligibles Receiving Healthcare Who Goes First and Saving Citizens […]