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

Saying No to Insurance Company Medication Switches

I can not say I have been exposed to any of this switcheroo as my meds are older technology. We are also on regular Medicare and not Medicare Advantage. I have a larger say with the former. Part D works mostly except the pharmacies in my area are less helpful than they were in Michigan. […]

Earnings inequality continuing growth in the pandemic labor market

“Inequality in annual earnings worsens in 2021.” This report is a couple of weeks old. Still relevant and supports what NDd has been saying as well as others here at Angry Bear. This is taken from EPI. Partial read of a larger report. Details from year twenty-one finds annual wages rising the fastest for the […]

What News Was in My In-Box, December 21, 2022

I am not sure if you experienced similar. A year ago getting Delta Airlines customer service on the line took hours. And if you left a phone number, they never called back. I found calling them when they first opened up seemed to work. 6 AM? One time we even got better seats. Getting airline […]

November housing permits and starts: the biggest news is not even a headline

November housing permits and starts: the biggest news is not in the headlines  – by New Deal democrat The report on housing construction for November was very much a tale of two very different trends – and the most important one will almost certainly be under-reported. Housing permits issued declined to 1.342 million annualized, the lowest […]

Repurchase of Oil for the Strategic Petroleum Reserves

US to purchase more oil to replenish the Strategic Petroleum Reserve (SPR). DOE Announces Repurchase of Oil for the Strategic Petroleum Reserve, Department of Energy, DOE. The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves, December 16 announced that it will start repurchasing crude oil for the Strategic Petroleum Reserve (SPR). This repurchase is […]

The status of the coincident indicators

The status of the coincident indicators  – by New Deal democrat In addition to real GDP, which is only updated quarterly and with a lag, the NBER has indicated that it relies upon four other datapoints in determining the onset month of a recession: payrolls, industrial production, real income less transfer payments, and real manufacturing, wholesale, […]

What News Was in My In-Box, Dec. 14, 2022

Rents decreasing, CPI slowly decreasing, and questions on whether any of this is due to the FED’s actions. Industrial production is still the same and gasoline prices have dropped. According to New Deal democrats’ analysis, real sales and real income have increased (still lower than they were one year ago), and payrolls have continued to […]

Brief overview of the current state of the economy

A brief overview of the current state of the economy  – by New Deal democrat This week we get the final most important data of 2022, with consumer prices tomorrow and industrial production and retail sales Thursday. The Fed will also be making its final rate hike decision of the year. Next week and the […]

What News Was in My In-Box, Dec. 7, 2022

Assorted topics this time. Consumerism was actually the first topic on the list of links in my In-Box. I am interested in seeing how the US negotiates with the Taiwanese on a new plant and what the US will do with Supply Chains. It is not as simple as what many people think. You should […]