Introduction: Nice piece on how Americans are so tied to their gasoline powered cars, pickup trucks, etc. and the impact on cities and environment. What is key to this article and the author’s thought is this statement: “The obvious solution … lies only in a radical revision of our conception of what a city street […]
Construction spending continued to increase in November – by New Deal democrat I’m feeling a little under the weather today, so I am going to keep this brief. Total construction spending rose 0.4% in November, while residential construction rose 1.1%: Keep in mind that these are nominal numbers, affected by the cost of construction materials. […]
The economic graph of the year for 2023 – by New Deal democrat I’ll put up the final Coronavirus update of the year later today, but before we leave 2023, let me put up the graph that I think explains about 90% of the economic data this past year. And here it is: This was […]
– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. 2023 has been a year of improvement, and that improvements continued in the final installment, as ever so slowly more and more indicators flip neutral or positive. As usual, clicking over and reading will bring you up to the virtual moment, and […]
NPR Nails It: Highlights Two Programs That Make a Difference to Millions, Center for Economic and Policy Research, Dean Baker. Dean Baker: I’ve complained a lot about how the major media outlets seem to highlight every piece of bad news about the economy, while downplaying or ignoring altogether the positives. Given my complaints, I want […]
Been looking around for a few, new, and good writers to add to Angry Bear. I know we have Robert, New Deal democrat, and Joel amongst us now. I ran into Steve Roth since he posted to Tom Walker’s post. He is allowing me to poach from his new substack Wealth Economics and an older […]
Jobless claims end the year on a solidly positive note – by New Deal democrat For our last data of 2023, initial jobless claims remained at a very low level, up 12,000 from one week ago to 218,000. The four week average declined 250 to 212,000. With the usual one week delay, continuing claims rose 14,000 […]
I promised a second entry in the series, Soft Landing this time it’s monetary. The question is why didn’t the FED’s monetary tightening cause a recession. There certainly was tightening, the Federal Funds rate rose from 0.07% to 5.33% There certainly were people who predicted a recession in 2023 (hey they still have 4 days […]
I pay to be able to talk to Merrill. What is fun is when Andrew Sprung shows up. And I am recognized for the words I write on healthcare. Been in enough hospitals to be treated for a blood disorder, I know the routine. The first hospital put me on death row. A woman stopped […]
Charles Gaba was to become known to me because of Maggie Mahar who was featured at Angry Bear in the past. Another resident of Michigan like I was, one county and a few communities away from my own home. Thoroughly ACA knowledgeable and ACA competent. You can trust his words. I featured this commentary by […]