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

Republican Mega Bill Will Impact Healthcare Coverage

We have posted information on Angry Bear before from various and different sources. We expect healthcare costs to increase. The article says 15 million will lose healthcare coverage. I have seen reports of up to 20 million will lose healthcare coverage. Many will lose coverage as a result of cutting Medicaid and loss of subsidies […]

Bot docs and the economics of primary care

The way to make money in medicine is to do procedures (colonoscopies, surgery). Primary care physicians, as a rule, don’t to procedures. They diagnose and, when necessary, refer to a specialist for procedures. So primary care physicians don’t make the big bucks. Med school graduates carrying loans from college and medical school are attracted to […]

Students Voting for Trump did Not Gain Them any Help or Access to Student Loan Bankruptcy

None of this means people can default whenever they wish. It does mean the consequences for student loans is harsher than for commercial loans, etc. One example is our president. Trump’s bankruptcies amount to $billions. No one has said no to Trump, you have to pay it off. The reason being? He is entitled to […]

But Friedman told me the world is flat!

Thomas “Mustache of Understanding” Friedman assured us that globalization has leveled the economic playing field, facilitating competition and collaboration, making the world “flat.” So how’s that going? “Thousands of U.S.-bound packages shipped by UPS are trapped at hubs across the country, unable to clear the maze of new customs requirements imposed by the Trump administration. […]

Teacher Pay Penalty

EPI has a good article on Teacher salaries. I stole part of it to paste on Angry Bear The Teacher Pay Penalty reached a record high in 2024: Three decades of leaving public school teachers behind, Economic Policy Institute Over the past three decades, stagnant weekly wages of public school teachers have fallen further and […]

The “Big Picture” nowcast and forecast

 – by New Deal democrat We are well into our data blackout, as no federal economic data whatsoever was released this week. Even sites that functioned in previous shutdowns, such as the Treasury Department’s “Daily Treasury Statement,” have been taken offline. This is simply not the way a functioning country works. So let me conclude this […]

U.S. residents’ foreign financial assets and liabilities

U.S. International Investment Position, 2nd Quarter 2025 U.S. Bureau of Economic Analysis (BEA) The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was –$26.14 trillion at the end of the second quarter of 2025, according to statistics released today by the U.S. Bureau of Economic Analysis. Assets totaled […]

ADP Unemployment Report

Late Report on by Angry Bear U.S. (un)employment. Just did not think of it. ADP says private sector sheds jobs as government shutdown halts data, October 1, 2025 Companies shed 32,000 jobs last month, according to data from payroll processor ADP, marking the biggest private sector decline in two-and-a-half years — and yet another warning […]

The advance-decline line and the (maybe) AI-fueled consumer spending bubble

– by New Deal democrat I rarely comment on the financial markets directly, since my focus in on the economy and how it impacts ordinary working and middle class Americans, especially in the near future. But in some cases, the financial markets themselves play an important role in that picture. And this is one of those […]