The deluge of data resumes tomorrow with housing permits and starts, industrial production, and durable goods orders. In the meantime, let me make a few “big picture” observations of the economy, and in particular, the short and longer term trends in inflation and interest rates. – by New Deal democrat 1. Short term inflation A very […]

The Cost of Financing U.S. Government Debt – By Daniel Bergstresser Econofact The Issue: The share of government spending devoted to paying interest on the United States’ government debt has risen sharply since 2020 and already exceeds what the government spends on defense. The outlook for the burden of the debt over the next decade has […]

 – by New Deal democrat Today is Presidents’ Day, so there are no official economic data releases; and there will be no significant releases tomorrow either, before a torrent of both timely and delayed data from Wednesday through Friday, including GDP for Q4. In the meantime, because of the January updates for employment and inflation last […]

Angry Bear is very fortunate to have guest posts by V.P. Erica York of the Tax Foundation. The timing of this particular commentary gives Angry readers some insight as to the impact and possible outcome of President Trump’s tariffs. The Court may have some input to add to the legitimacy of tariffs. Read on . […]

With the Affordable Care Act (ACA) enhanced premium tax credits expiring January 1st, 2026, many Americans enrolled in ACA exchange plans were facing increasing significant premium payments. CBO (Congressional Budget Office) did project a permanent extension of the enhanced tax credits would result in increases in the number of people with health insurance by 3.8 million in 2035. […]

How many euphemisms are there for TACO? “Carve-out.” “Step-backs.” “Exclusions.” “Price relief.” “Rollback.” How about “advancing to the rear?” Trump’s tariffs are turning out to be fairy tales told to children. Trump wrote that his tariffs are unleashing “an American economic miracle, and we are quickly building the greatest economy in the history of the […]

No, it is not a mistake by putting the title at the head of this post (above) and a second time below. I did not want the AB readers to think I was writing this commentary about January CPI results. This report belongs solely to New Deal democrat. Oh, I did write or report on […]

CPI Report with just the facts being reported. Another report after the CPI Report. Gap in spending growth between higher-income households and all others was at its largest since mid-2022 . . . And many people will lose healthcare due to drop in the ACA subsidies and Medicaid. ACA Subsidies will go from 600 FPL […]

Back to the future past: “Since Trump took office in January 2025, U.S. emissions have increased 1.9% largely because of the renewed use of coal, the dirtiest of the fossil fuels. The Environmental Protection Agency revoked the scientific finding that has been the basis for regulating emissions from cars and power plants since 2009.”  Climate […]

Taken from a site named Cheapism. I suspect New Deal democrat will have more to say on the topic. “yesterday’s jobs gain of 131,000 for January and whether it means employment is on the upswing, completely neglecting a one month does not a trend make. “130K new jobs were added in January. So where are […]