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

Senators, Opioids, and EpiPens

Many things can be accomplished when you have a majority in Congress, Well. almost. For Democrats, Sinema is still growing up and trying to decide what she wants to be. Being a Democrat is boring. Sitting with Repubs is more exciting as Dems notice.  There is no excitement in going along with the crowd. Gotta […]

Credit conditions in Q4 were recessionary

Credit conditions in Q4 were recessionary – by New Deal democrat While we are still in our lull concerning monthly data, on Monday there was a significant update of one long leading indicator that is only reported Quarterly: the Senior Loan Officer Survey. This survey has an excellent history of over 30 years telling us […]

Democrats, let’s turn the debt ceiling standoff into a referendum on Social Security, Medicare, and Medicaid

President Biden has so far insisted he will not negotiate over the debt ceiling.  This makes sense on one level.  The Republicans are threatening to blow up the economy to get the Democrats to agree to – and share the blame for – unpopular budget cuts.  It is easy to see why Democrats want to […]

Interesting(?) Stuff from My In-Box, January 31, 2023

Mixed Bag Today. Police Actions are making the news. Not just on the street. Major story is police beating a man to death. It was very discouraging to read this. Cop City being built and one protestor dead. Oklahoma prison murdering imprisoned prisoners. Talked with a Police Captain the other day. He was insisting he […]

From Deficit to Debt

In the real world, if someone spends more money than they make, they run a deficit. Income – Spending = Deficit. Accumulatively, deficits become debt. In order to avoid the accumulation of debt; they need to either reduce spending, increase income, or both; a lessening of income would require a reduction in spending, an increase […]

Gun Violence vs Democracy

California Ranked #1 for Gun Safety, Death Rate 37% Lower than National Average In 2021, California was ranked as the #1 state for population and gun safety by Giffords Law Center, and the state saw a 37% lower gun death rate than the national average. According to the CDC, California’s gun death rate was the 44th lowest […]

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 […]