From the Onion News Network comes this little gem: Just sayin.

There’s no question that the Affordable Care Act’s rollout has been “rocky,” to borrow the common parlance of the Beltway. The Web site troubles and shifting health coverage for some Americans, despite over-assurances from President Obama during the 2010 political debate, have naturally turned off some people. A much-ballyhooed poll from CNN yesterday shows that […]

Paul Krugman is developing the ideas to understand one of the root causes of the economic problems. His present line of logic leads to understanding the effective demand constraint upon output. He writes… “Profits took a hit during the financial crisis, but have soared since then, and are now 60 percent above pre-crisis levels; meanwhile […]

Via American Pet Products comes these figures on yearly expenditures for product and care of our pets, in the range of over $53 billion a year lately.  It doesn’t look like that includes dog walking. Pet Industry Market Size & Ownership Statistics U.S. Pet Industry Spending Figures & Future Outlook The following spending statistics are […]

Merry Christmas and Holidays from the Bears to our readers.

by Rev. Nathan Detering (Unitarian Universalist Church at First Parish Sherborn, MA) Once upon a time in those days after Thanksgiving when Rt. 9 is transformed from its normal craziness into something like a hornet’s nest after you poke it with a stick,there was a minister, a pastor, who thought it was a good idea […]

by Dale Coberly SETTING THE RECORD STRAIGHT ON SOCIAL SECURITY HOW THE “COMMITTEE FOR A RESPONSIBLE FEDERAL BUDGET” LIES TO YOU A group that calls itself “Committee For A Responsible Federal Budget” wrote what it claims to be “Setting the Record Straight on Social Security.”  The article needs to be responded to at some length, […]

Enjoy this Christmas because next year Christmas may not be as Merry… As real GDP nears the effective demand limit, we should see some signs of the economy turning the corner toward a contraction. So, do we see any signs? … Well, yes. This graph plots the aggregate profit rate against the savings rate of […]

Today Jared Bernstein published a graph with a red line representing a new normal for potential GDP. I was surprised because the line looks very similar to the line I have been publishing for months for effective demand. Mr. Bernstein does not give an equation for his line, but only a definition… “The other two […]