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

Six Months In Polling

Briefly: Political polling of what the population in the United States could be thinking today? I know what I would br thinking of thinking of besides Tr__p’s first six months. Early on, I believe Tr__p was polling lower than other presidents in office for six months. Given the state of the economy as compared to […]

New Deal democrats Weekly Indicators for July 21 – 25

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. With the continued pause in actual tariff increases, the data has rebounded basically across the board from April and May. Even the long leading indicators have improved somewhat, led by some un-inversions of the yield curve and the improvement in corporate profits as […]

Fun at the Department of Justice

Just an abbreviated version of an article about an appointment and how Bondi gets it wrong. In one of the more stupid episodes in an already stupid run of them, Pam Bondi gushed to social media the Trump administration would stand up to “politically minded” judges . . . and then fire Desiree Leigh Grace. […]

Postal Service Changes Have a Disproportionate Impact on Rural Areas

The results of US Postmaster General Louis Dejoy’s efforts to improve US Postal Service in the United States. Steve Hutkins and Mark Jamison have been following USPS issues for years and they have been featured on Angry Bear going back to 2016. This particular piece has been taken from Steve Hutkins site: “Save the Post […]

“We’re going to end up shooting some of them.”

My last year in the Marne Corps, I was given the task of chasing prisoners. And taking them to the Brig, to the Commissary, to Disbursing, etc. There was not much of a threat from these guys as revenge would have been extracted in the Brig. Attacking an NCO was not a smart idea either. […]

Trump wants to end capital gains tax on home sales

Recently, Trump said he was “thinking about” ending capital gains taxes on home sales. Who benefits? “The biggest beneficiaries of such a change will likely be longtime homeowners in the country’s more expensive housing markets. “Removing or increasing the capital gains limit — currently $250,000 for single homeowners or $500,000 for married couples — on […]

Rural Hospitals Closing Leaving Millions with No Hospital Care

Millions of Americans No Longer Have Hospital Care in Their Community Over the past decade, more than 100 rural hospitals have closed. As a result, the millions of Americans who live in those communities no longer have access to an emergency room, in patient care, and many other hospital services that citizens in most of […]

Do Tariffs have a Purpose Other Than Enriching Trump?

Traditionally, tariffs have been used to protect domestic industry, particularly agriculture and labor-intensive manufacturing. Trump has argued that his tariffs will return manufacturing to the United States and further that they will raise revenue helping offset the $3.4 trillion increase the tax cuts for the wealthy and corporations will add to the debt over the […]

Jobless claims: clear evidence of a break in trend to the downside

 – by New Deal democrat Last week I suggested that there might have been a break in the trend of higher YoY jobless claims, but there was not enough evidence yet. It is fair to say that this week’s report supplied that evidence. Initial claims declilned another -4,000 to 217,000, the lowest weekly number since mid-April. […]