Unless you are a Republican and then nothing is good economically. This difference between the economic negative vibes and the real economic facts is laughable. Even such doubt was evident in the Summer of 2024 when things were improving. The improvement during and after the summer still did not change much doubt of the administration […]
An abbreviated recital of the full commentary as detailed by the CBO. I was curious as to whether Trump is fibbing to us again. He mostly is. Nobody calls him out and people believe his nonsense. Read on . . . Effects of the Immigration Surge on the Federal Budget and the Economy | Congressional […]
– by New Deal democrat Briefly, NDd is one of the longtime posters at Angry Bear. I have known him for a long time and enjoy reading his commentaries on Labor, Employment, and Income. They are timely reveals and expressing the issues with various parts of the economy. ~~~~~~~ The monthly personal income and spending […]
Agriculture requires photosynthesis to make food. However, the photosynthetic mechanism is slow, inefficient and requires a lot of resources. A recent paper describes an electro-agriculture technology that combines carbon dioxide electrolysis with biological systems to boost the efficiency of food production. If implemented at scale, such a system could reduce agricultural land use in the […]
– by New Deal democrat It appears that, as I suspected earlier this month, the big YoY jump in initial jobless claims was largely due to the effects of the hurricanes, and is now abating. First, for the week initial claims declined another -12,000 to 216,000. The four week moving average declined -2,250 to 236,500. […]
I included Table 1 for you to use as a backup to the written preliminary report. Click on it to enlarge. I have to leave and go to the Veterans Admin. to pass on more information. When I get back, I will add an opinion to this commentary and delete this message. Real gross domestic […]
Here’s House Speaker Mike Johnson: “We want to take a blowtorch to the regulatory state. These agencies have been weaponized against the people. It’s crushing the free market; it’s like a boot on the neck of job creators and entrepreneurs and risk takers. And so health care is one of the sectors, and we need […]
by Harriet Torry WSJ U.S. GDP rose at a 2.8% annual rate in the third quarter, easing slightly from the previous quarter. The U.S. economy continued its recent strong stretch this summer, bolstered by hefty consumer and government spending. Gross domestic product increased at a 2.8% annual rate in the third quarter, adjusted for seasonality and inflation, […]
Behind this commentary: With Medicare’s specific approval, a health insurance company can enroll a member of its marketplace or other commercial plan into its Medicare Advantage coverage when that individual becomes eligible for Medicare. Called “seamless conversion,” the process requires the insurer to send a letter explaining the new coverage, which takes effect unless the member […]
A quick and brief review of the economic trends and the third quarter. My only opinion on this recital being Supply Chain returning to a norm should be given more credit. Its manipulation was definitely one of the major influences on inflation. Beyond the standard metrics of industrial investment, it is also worth noting how […]