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

Your mother was right

How many of us heard some variation of this from their mom: “If your friends jumped off a cliff (or bridge), would you do it too?” If RFK Jr told you to treat measles with vitamin A, would you do it too? “A team from Boston Children’s Hospital in Massachusetts analyzed Google search trends data […]

“public’s extremely negative view of the economy”

As you probably know by now, I subscribe to Paul Krugman’s column which I read whenever I see something of interest. to me and maybe you too. Every once and a while I may C& P one column that is days old and post it at Angry Bear and of course attribute Professor Krugman. As […]

Scenes of strength and weakness from the May jobs report

 – by New Deal democrat It’s the Monday after the jobs report, and as usual there is no new data today. So let’s take a look at a few of the salient trends from Friday’s report. First of all, this was the fourth good report in a row. Furthermore, it isn’t just goods producing jobs […]

The nothingburger

I somehow missed this, but a couple months ago the Trump Administration abandoned its effort to cut indirect cost reimbursements for federal grants to colleges and universities to 15%. Just before I retired, the indirect cost rate at Saint Louis University was 51.5%, so this cut would have been devastating to research at SLU. When […]

Groundhog Day Medicaid Healthcare

“Trump’s New Medicaid Rule ‘Designed to Ensure People Lose Healthcare,’ Critics Warn” Common Dreams Jake Johnson The Trump administration on Monday unveiled a rule that is expected to push millions of low-income people off Medicaid by imposing complex bureaucratic barriers in the form of work reporting requirements, which have proven disastrous at the state level. The rule, released by the Centers for Medicare and […]

Federal Debt Projections

I know Econofact is discussing various programs as being an issue. Social Security being one of them. That may be true for Social Security if the funds are not available to pay back what is owed to the Trust fund. The other issue being the decreases in taxes for upper income brackets which would have […]

New Deal Democrat’s Weekly Indicators

Weekly Indicators for June 1 – 5 at Seeking Alpha  – by New Deal democrat The large majority of the high frequency indicators remain positive. Interestingly, though, one of the early warning signals for credit tightening, the Chicago Fed’s Leverage Index, is now at a level that in the past has more often meant a […]

“seven times the previous annual budget and four times the typical annual budget”

All of this to keep immigrants out of the United States even though replacement rate is down and decreasing. A term I am learning from the VA as they argue with me about how I was poisoned while at Camp Lejeune is “More Likely than Not.” Moe likely than not replacement rate in the US […]

Commodities Impacted by the Iran Conflict

An update on a global energy issue. This abbreviated report from Oil Price is written by Alex Kimani. It is abbreviated by me so as to make it an easier and a quicker read at Angry Bear. It is mostly a copy of what has been presented by Oil Price. The link is there if you […]