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

Data shows anti-union ‘right-to-work’ laws damage state economies

I believe Angry Bear has touched upon Right to Work several times now; here, here, and now today. This brief touches upon RTW laws damaging state economies. Data show anti-union ‘right-to-work’ laws damage state economies: As Michigan’s repeal takes effect, New Hampshire should continue to reject ‘right-to-work’ legislation, Economic Policy Institute, Jennifer Sherer and Elise […]

New Deal democrats Weekly Indicators for February 12-16 2024

Weekly Indicators for February 12 – 16 at Seeking Alpha  – by New Deal democrat I am back from my travels, so it’s time to catch up. There’s no significant economic news until tomorrow, but in the meantime I neglected to link to my weekly high frequency indicator wrap-up, which was posted at Seeking Alpha. As usual, […]

Some USPS History and the Latest

Some history While debating the original Post Office Act, Alexander Hamilton and others argued the post should support itself and make money for the rest of the government. Others, including George Washington and James Madison, didn’t seem to care whether it turned a profit. Jonathan Trumbull, the speaker of the House of Representatives in 1792, observed that […]

No Longer Right to Work

We were living in Michigan when Engler and the Republican Legislature passed Right to Work Laws. The effort was meant to undercut Unions and saving costs for the Big Three automakers. Supposedly cars would be lower in costs to with the reductions reflected in prices to consumers. Never happened. Michigan reversed Right to Work Laws […]

In-Box Topics Which May Be of Interest

Topical Emails from all different sites. Pulled from my In-Box and which I have no time to write about. Thinking, they still may be of interest to readers who visit Angry Bear. Please be topical or at least close. Healthcare Neighborhoods And Health: Interventions at the Neighborhood Level Could Help Advance Health Equity, Health Affairs. […]

Who do you work for?

Who do you work for? The one-handed economist, David Zetland Economists assume that people work for themselves first, i.e., accepting payment (extrinsic motivation) to do something they would not do if they were not paid. But that “model” ignores the role of intrinsic motivation (we do what we like) which plays a role — large or small — […]

Retail sales faceplant; industrial production continues 16-month streak of weakness

Retail sales faceplant; industrial production continues 16-month streak of weakness – by New Deal democrat Let’s take a look at two the big short leading and coincident indicators that were reported yesterday, respectively real retail sales and inducatrial production. Retail sales can be volatile monthly, and about once in a typical year they either faceplant or […]

Just some news from Reporting in Letters from an American

Full article at the link. Last night Prof: Heather Cox-Richardson reporting in “Letters from an American” a comment made by Tucker Carlson to Egyptian journalist Emad El Din Adeeb. Carlson emphasized an equivalency of American leaders to Russia’s Putin. My Letters Take . . . “Every leader kills people . . . Some kill more […]

Housing construction essentially stable in January

Housing construction essentially stable in January  – by New Deal democrat I’m on the road, so I need to keep this brief, but fortunately I can give you the essence of this most important housing report with little difficulty. Mortgage rates have declined about 1% from their peak during the autumn, and are about equal to […]