Jim VandeHei and Mike Allen review Trumps budget cuts. The implication here is it is near impossible to achieve the dramatic cuts without imposing severe penalties on the US Citizenry, The attempt is to balance the budget so as intakes equal outtakes of funds. Except Trump does not want to fix his 2017 tax break. […]
When I started out. it was the money. Kind of hard to buy a house and have kids if together you are pulling in $24,000/year. Then when the family starts, one of us will not be working (that was the plan). Get the first job, change jobs at two years, and work your way up […]
– by New Deal democrat There was unwelcome news in this morning’s repeat home sales reports from the FHFA and Case-Shiller. On a seasonally adjusted basis, in the three-month average through December, according to the Case-Shiller national index (light blue in the graphs below) prices rose 0.5%, and the somewhat more leading FHFA purchase only index (dark […]
Q3 2024 QCEW suggests employment was considerably weaker than we thought last year – by New Deal democrat This will be income, spending, and housing week, but that won’t start until tomorrow. While there’s no news today, there was an important update to employment data last week; namely, the QCEW for Q3 of last year. […]
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 […]