God has a plan and Congress does not. November 2024 and the election is over. Rep. Mark Alford, a Lake Winnebago Republican, won a second term in Congress Tuesday, gliding to an easy election win in Missouri’s heavily conservative 4th Congressional District. The Associated Press called the race for Alford at 9:24 p.m. At the […]
– by New Deal democrat Existing home sales have been flat in the general range of 3.85 -4.10 million annualized for two years, and that continued in January, as on a monthly basis sales decreased -4.9% to 40.8 million from an upwardly revised December number of 4.29 million annualized: The slightly better numbers in the […]
For those of you who may wonder? I am not pirating a Krugman article. I pay for a subscription as well as others which I feature from time to time at Angry Bear. Economist Paul is popular. I like his reads on particular issues, and I know others do also. Angry Bear does have some […]
“Congress is considering proposals that could change Medicaid financing and eligibility. “Some of these proposed changes could cause millions of people to lose access to care under Medicaid. People without coverage often skip necessary care, leading to worse health outcomes. For people in poor health, the results can be dangerous. “Cuts will put a greater […]
Even I am thinking of a recession as more and more people or Labor are being let go by the government. The layoff has expanded from just the government. Corporations are laying off people also. It is not like there was a huge decrease in business. Maybe companies believe they can be more efficient by […]
When you start reading this commentary, it consists of a series of purposeful misinformation statements. Some might call them lies. The people making them have nothing else, having a basis to add to this other make stuff up. The system works. Congress does not want to spend the money and fix it. For a small […]
DOGE is claiming to have saved $55 billion so far. The NYT calls bullshit: “The math that could back up those checks is marred with accounting errors, incorrect assumptions, outdated data and other mistakes…. Some contracts the group claims credit for were double- or triple-counted. Another initially contained an error that inflated the totals by […]
The differences in Republican and Democrat’s views can play out in how they view certain aspects of the US. For example, small businesses versus corporations. Both appear to perceive small business as being positive and take a negative view on corporations. I suspect it is one having a greater impact versus the other. Americans overwhelmingly […]
The current House and Senate budget proposals both include defense increases of about $100-150 billion over ten years, or about $10-15 billion per year in nominal dollars. Toy Sec Def Hegseth is proposing a cut in defense spending of -$70 billion per year. Anyone who thinks the House and Senate will pass a bill with […]
– by Steve Roth Originally posted at Wealth Economics “Capital” is polysemous; it has multiple meanings. People, notably including economists (who should know better), constantly muddle those meanings together even within a single sentence, so that nobody including the speakers and writers themselves knows, or can know, what the speaker is saying. It’s a centuries-old dumpster fire — conceptual and […]