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

I want spending, I want spending, I WANT SPENDING!

By: Daniel Becker There is some new information from Adam Hersh of Center for American Progress showing what has happened in the states that have followed the conservative economic approach (yes, talking to you Obama, DLC, Clintonites).  Keep cutting at your own risk. Here’s the thing.  Like the Wile E Coyote, we seem to have […]

Just When I Thought it was Safe to Click a Headline

I just couldn’t resist clicking “Bank of America to pay $8.5 billion settlement over mortgages”. Finally the Bankers are paying for destroying the economy. My enthusiasm rapidly faded as I read the article. Then I read “Shares of Bank of America Corp. jumped more than 4 percent, or 48 cents to $11.30 before the market […]

Beating The New Republic by Seven Days, or Does Jonathan Cohn Read AB?

Yes, it’s another “AB was right” post. Detractors of this blog in general and me in particular could stop reading now. But they shouldn’t. Anyone who thought through the economics could have pointed out what I did on the 17th: From [Republican Congressman John] Boehner’s site: At least 30 percent of employers would gain economically […]

Guest post: Why Means Testing Social Security Benefits Is More Trouble Than It’s Worth

Guest post by Nancy Ortiz (Rdan here…Nancy is a long time reader of Angry Bear and has worked within the Social Security system professionally) One of the many fixes now being considered as a remedy for Social Security and Medicare’s projected shortfalls is means testing benefits. The rationale is that rich people shouldn’t get SS […]

Chairman of Connecticut Libertarian Party responds

Angry Bear invites Dan Reale. Dan Reale, Chairman of the Libertarian Party of Connecticut replies with this e-mail: Libertarians oppose the initiation of force to promote social or political goals. We acknowledge that a “right” is a power, faculty or ability inherent to ownership and incident upon another. This applies to both to your property […]

An Invitation for Libertarians

An Invitation for Libertarians Here at Angry Bear, we’ve had a number of posts on LIbertarians over the years. Inevitably, someone writes to tell us we’re misrepresenting Libertarians… even when we’re quoting well known libertarians. So… if you are libertarian consider this an invitation. Send me one to three paragraphs on what it means to […]

State and local governments should be listed as a primary risk to the US outlook

I don’t see why the aggregate state funding gap is not numero uno on the ‘risks’ to the US outlook (I usually hear oil, Europe, China, etc., in my line of work). According to the Center on Budget and Policy Priorities, the State budget gap is not expected to clear at least through 2013. From […]

Paul Clement’s weird tail-can-morph-the-dog ACA-litigation argument

by Beverly Mann Paul Clement’s weird tail-can-morph-the-dog ACA-litigation argument Earlier this month I wrote a post called “Markets and the ACA: Why the Supreme Court Will Uphold the ACA” that discussed an article-length post by Santa Clara constitutional law prof. Brad Joondeph published on a blog he runs dedicated entirely to the ACA litigation. I […]

What would you tell your child?

As our manufacturing sector has shed jobs, especially during the past 15 years, there have been few opportunities for young people to start working and train in manufacturing. Now that manufacturing is picking up just a little, and as the boomer work force hits retirement age, there are reports of a growing shortage of skilled […]