It is difficult to believe Americans do not have a negative opinion about the 2017 income tax cut which as expected did not pay for itself. Instead, we have trillions in deficit which we will have to make up. The benefit went to the upper 1% and you can throw in the 5% also. Similar […]
As outlined in Monday’s report, NDd will cover the impact of a tariff caused recession in his daily reports. Daily T—-p tariff recession watch: no evidence of hard data deterioration to start – by New Deal democrat Are the T—-p tariffs quickly putting the US into a recession? As I wrote yesterday, there are two daily […]
Subscriber to Kareem’s messages and wit. The link is there if you wish to read the rest of his message. How do you justify what is occurring? We are preparing for an economic plunge by staying out of debt and having the funding to carry us through. It is not like the country did not […]
I worked in Supply Chain a lifetime. Doing the planning, purchasing the materials, negotiating the pricing, negotiating the needs of manufacture in failing and growing economies, and being efficient in my planning of it. There were those of us doing what was necessary and those that talk about it. In this case, Krugman discusses who […]
By law, everyone who arrives at emergency departments must be assessed and stabilized, regardless of their ability to pay. This makes EDs, the most expensive form of healthcare, a provider of last resort for the uninsured. Nationally, hospital EDs handle 120-140 million visits each year, and the number of hospital emergency departments is declining, with […]
Angry Bear will continue to present my fellow writer and acquaintance who I met at Pomo’s Pizzeria in Phoenix while he was on vacation. Great pizza, wine, and conversation. “Is a T—-p Tariff recession starting? My plan for real-time daily, weekly, and intramonth updates“ – by New Deal democrat Normally on the Monday after the […]
I guess I should preface this with my thoughts. Would a sane man do something such as what Trump is doing? What would be the point of raising tariffs and crashing the economy? Business will recoup; but will citizens quickly? There are millions of citizens who do not have the $millions who may never recoup. […]
A consequence of the 9/11 attacks was that the New York Stock Exchange and the NASDAQ were shut down for a week. “When trading resumed that week of September 17, 2001 . . . over the following five days, the Dow Jones average decreased more than 14%, the S&P 500 tumbled 11.6% and Nasdaq fell […]
“Tesla wins, Detroit bleeds,” Bernstein analysts led by Daniel Roeska declared Thursday. “Tesla is the clear structural winner…. For everyone else, this is a margin reset and real drag on near-term earnings power,” Roeska continued.” The only imported part for Teslas appears to be a wire harness made in Mexico. That’s expected to add less […]
Rachel Maddow: Trump crashed the world’s markets based on on the advice of a fictional economist. Summary The video highlights a Rachel Maddow segment revealing that Donald Trump’s tariff policy, destabilizing global markets, was based on advice from a fictional economist invented by Trump adviser Peter Navarro. This absurd but dangerous origin story underscores the […]