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

New Bankruptcy Process for Student Loans is Proving to be a Cruel, Dangerous Joke for Borrowers.

Our opposition seeds stories (CNBC) in the media pretty frequently like this. They try to make it seem like getting a discharge on student loans in bankruptcy is possible for most people. It is not. AB: Alan is voicing his displeasure with media claiming many people are getting student loan relief. They are not. In […]

Housing construction continues to support subdued expansion

Housing construction continues to support subdued expansion  – by New Deal democrat Yesterday I wrote of how manufacturing has faded somewhat as a leading indicator, at least in the sense that it takes a steeper downturn than it used to in order to forecast a wider downturn in the economy. Which makes the other big […]

Heirloom crops and global warming

The biggest near-term threat to human civilization from global warming is loss of fresh water and arable land for crops. It turns out that nature has confronted the challenges of increased temperature, increased salinity, disease resistance and violent weather. Recently, as strain of maize called “Jimmy Red corn” has been resurrected from a population bottleneck […]

State Taxes are Driving People to Moving to Other States?

A rewrite by me combining several articles . . . “Go woke, go broke,” cited by one billionaire.” The implication? The ongoing culture war and economic policies of northeastern states had facilitated the migration of wealth and economic power to the South. California has the highest marginal tax rate in the nation. California also has […]

October industrial and manufacturing production tank – but it’s all about the UAW strike

October industrial and manufacturing production tank – but it’s all about the UAW strike  – by New Deal democrat Industrial production historically has been the King of Coincident Indicators, turning up and down coincident with the onset and end of recessions in the past. But there are signs that has changed in the past 20+ […]

Open Thread November 18 2023 – Bidenomics

Bidenomics, a campaign slogan and a new approach. “Policy-making with the North Star rebalancing power in the economy fostering the industries we need, supporting workers’ demands for higher wages, and more economic security.”  Open Thread November 13 2023 – What happens to employment when the minimum wage is increased? Angry Bear

Cleaning Out My In-Box of Articles

Cleaning out my In-Box of articles. Tried this a while back. There are a lot of daily topics I receive in my in-box. I do not get a chance to post about the topics after I quickly read them. Rather than just delete them, I thought I would post some of them at Angry Bear […]

Initial claims rise, but remain below the caution threshold

Initial claims rise, but remain below the caution threshold  – by New Deal democrat Initial jobless claims rose 13,000 to 231,000 in the past week. The 4 week moving average increased 7,750 to 220,250. With a one week lag, continued claims rose 32,000 to 1.865 million: I had speculated that the big decline in claims […]

Slowing Growth in seniors opting for insurer-run Medicare Advantage plans

When I start to get comments and questions from some of the more expert authorities on healthcare such as Merrill Gooz, Andrew Sprung, Steve Early (Suzanne Gordon), and Kip Sullivan; I start to feel pretty good about some of my commentaries or comments. This last go around on Gooz News in the comments section, we […]