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

Half of U.S workers Will Live in States with at Least a $15 Minimum Wage by 2027

Nearly half of U.S workers will live in states with at least a $15 minimum wage by 2027, Economic Policy Institute In the 2024 election, Alaska and Missouri voters approved ballot measures to increase their state minimum wage to $15 an hour in the coming years. Now 15 states and Washington D.C. either have or […]

Misapplied Property Tax Economics

Mistake in Administering Property Taxes Results in a 1200 Percent Increase? This reads like something in a tabloid. However, it is occurring in an Illinois county. Montgomery County Assessor Kendra Niehaus discovered the assessment was being calculated incorrectly. A tract of woodland should have a tax rate applied to 33.33% of its fair market value. […]

Human Rights Day

I am of a belief Angry Bear should look at more than just presenting economic numbers. I have watched the numbers soar when a report is made if I follow the economic numeric. However, I am fortunate enough to be in league with some exceptional writers such as Prof. Heather, Infidel753, Joyce Vance, Robert Reich, […]

Who pays?

Recently, Anthem BCBS rescinded its policy of limiting the amount of anesthesia it would pay for during operations. The policy conjured images of patients waking up before the end of their operations, or later being confronted with unexpected bills. But allegedly, that’s not the intent: “Anesthesia services are billed partially on the basis of how […]

The case for accelerating inflation is weak

 – by New Deal democrat No economic news again today. Tomorrow we will get the CPI report for November. As to which, I have read a few posts in which the claim is made that inflation, especially core inflation, is picking up again. It certainly could happen, but in my opinion the evidence for such a […]

PBMs Countersue FTC

The Big 3 PBMs are Countersuing the FTC. Does Their Argument Have Any Teeth? MedCity News After the FTC filed a lawsuit in September, accusing the three major pharmacy benefit managers of anticompetitive rebating practices related to insulin, the defendants reversed roles and became plaintiffs. In November, they countersued the agency, arguing that its lawsuit […]

The Trump-Muskrat plot to kill Social Security

The Trump-Muskrat plot to kill Social Security, Robert Reich Sorry to intrude on your inbox for a second time today, but Elon Musk has revealed the truth about what he plans to do with his so-called Department of Government Efficiency (DOGE): Gut Social Security and Medicare. Musk retweeted a series of posts by Utah’s Republican […]

The Government Efficiency Chopping Block

10 programs that could be on the ‘government efficiency’ chopping block, Washington Post The programs without separate spending authorization that Ramaswamy would do away with represent more than $516 billion, according to the Congressional Budget Office. The 10 largest make up $380 billion. Here’s a look at what some of those programs do (click on […]