First a story, then an introduction to Student Loan Justice Org. and Their Town Hall Meeting November 20th, and finally some cold hard facts from founder Alan Collinge about what is happening to millions of people who have student loans. Your Angry Bear blogger and activist went to a garden party in Michigan in support of […]

Lack of inflation in September consistent with weak demand; real wages increase, but will the pandemic derail the gains?   Consumer prices were unchanged in October, both on a seasonally adjusted and unadjusted basis:     But while the lack of inflation is good news in isolation, the last two months can also be viewed […]

New and continued jobless claims: best week of the pandemic; can it survive a new emergency?   This week’s new and continued jobless claims, both seasonally adjusted and unadjusted, declined to new pandemic lows – but at levels roughly equivalent to their worst readings during the Great Recession. On an unadjusted basis, new jobless claims […]

by New Deal democrat Weekly Indicators for November 9 – 13 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. With Joe Biden assuming the Presidency on January 20, and an announcement of a successful vaccine by Pfizer that should be available by next spring or summer, the short and long leading indicators […]

September JOLTS report shows jobs recovery has been real – but will it continue?   Yesterday’s (Nov. 10)  JOLTS report for September showed a jobs market that continues to be, ever so slowly, on the mend. Openings and quits were up (good), and layoffs and discharges were down (also good). The only negative was that […]

by Joseph Joyce 2020 “Globie”: The Carry Trade It is time to announce the recipient of this year’s “Globie”, i.e., the Globalization Book of the Year. The award gives me a chance to draw attention to a book that is particularly insightful about some aspect of globalization. This year’s winner is The Rise of Carry: The […]

Friday, November 20, 2020 3:00 PM (EST) Student Loan Debt Crisis Panelists include: PAUL GRONDAHL – Director New York State Writers Institute (host) MATT TAIBBI – Author, Rolling Stone Magazine, Reporter (moderator) Michael J. Camoin – Videos For Change Productions, SCARED TO DEBT (filmmaker) ALAN COLLINGE – Founder of StudentLoanJustice.Org (activist) CATHERINE AUSTIN FITT – […]

Dan here: I received this note from Spencer’s son Matt late afternoon yesterday. Thank you Matt for the note. I knew Spencer as an economist who had a fact-based analysis of industry trends and a direct and clear way of demonstrating and describing a point to the discussion for over a decade. 2011 provides an […]

These days, the nation, the world, is faced with the problem of how to distribute wealth, wealth that is being created using less and less labor input? How to distribute the profits from highly capitalized, highly automated, production? Unions, that had been much a part of the solution to the distribution problem in the early […]

by New Deal democrat Weekly Indicators for November 2 – 6 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. With the almost certain election of Joe Biden to the Presidency, we can expect a much more organized and effective Federal response to the pandemic beginning on January 20. If the pandemic is […]