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

E-Verify and undocumented workers in America

When alcoholic beverages were illegal in America, drinking didn’t stop. Alcohol smuggling just became lucrative for criminal gangs. Drugs like cocaine and heroin have been illegal for decades. Consumption of cocaine and heroin didn’t stop; smuggling of these drugs just became lucrative for criminal gangs. Making undocumented migration illegal and militarizing the Mexican border didn’t […]

Four More Items in the Wages Category Outpacing Prices Debate

Angry Bear posted content on the lowest-wage workers or the lowest 10-percentile of labor having the greatest increase in wages. We used EPI charts Maybe the same two charts can show the same impact here on this commentary. These two charts will show the increase in wage for the lowest 10% of wage earners and […]

Are There Similarities Between 2008 and 2020?

I was nosey . . . First a Chart. more charts and then the verbiage . . . Thanks to Strategic Exit for giving me a foundation. There are more informational stats at YouGov Survey: “Political Violence and Extremism.” I was curious, YouGov depicts themselves as an international online research data and analytics technology group. […]

New Deal democrats Weekly Indicators October 28 – November 1

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. There’s always some noise in the high frequency data, and this week that noise was in the positive direction, as almost all of the coincident data shows strength. On the other hand (and this is the economy we’re talking about, there’s always […]

ISM manufacturing poor again in October

 – by New Deal democrat As usual, next week there will be a dearth of economic data, so I’ll report on construction spending then. In the meantime, we got another poor ISM manufacturing report, with the total index declining to 46.5, the lowest reading this year, while the more leading new orders component increased 1.0 […]

October jobs report: Milton mayhem!

– by New Deal democrat Well, I warned you . . . . I expected a downdraft from the hurricanes, especially Milton, and also the Boeing strike. And boy did we get one! Let me be clear: if there were no special factors, this report would be recessionary, period. And there were some signs of […]

Maybe the Last Two or Three Years Were Not So Bad Economically?

Unless you are a Republican and then nothing is good economically. This difference between the economic negative vibes and the real economic facts is laughable. Even such doubt was evident in the Summer of 2024 when things were improving. The improvement during and after the summer still did not change much doubt of the administration […]

September personal income and spending: another positive report across the board

 – by New Deal democrat Briefly, NDd is one of the longtime posters at Angry Bear. I have known him for a long time and enjoy reading his commentaries on Labor, Employment, and Income. They are timely reveals and expressing the issues with various parts of the economy. ~~~~~~~ The monthly personal income and spending […]