Consumer spending holds up well in August, despite ending of disinflation – by New Deal democrat As I have repeated for the past several months, in the current economy the personal spending and income report is just as important as the jobs report. That’s because, despite the downturn in manufacturing production and many parts […]
The New Yorker has an interesting article by Manvir Singh about fad diets, with a focus on all-animal diet as ostensibly the diet best suited to our species. A character who brands himself “The Liver King” specifically endorses grassfed beef liver. The paleo diet industry insists that humans evolved to kill animals and devour their […]
I am struggling with thoughts about status quo bias. I see many issues where a proposal to do something new is subject to severe scrutiny which is not applied to the implicit proposal to keep doing what we have been doing. The logic is small c conservative — better to stick with what we know […]
The US government will shut down tomorrow. Two people are responsible. One is Kevin McCarthy who will not allow a vote on the Senate’s continuing resolution. The other is Senator Rand Paul who will not allow waiver of the absurd official rules of the Senate so the Senate will not vote on the bill before […]
This is quite a bit of band width to be recited at Angry Bear. The problem with healthcare facing smaller hospitals and healthcare is the lack of resource once you are outside of the metropolitan areas. You are pretty much on your own. If the resource is not there, it may be an hour or […]
Angry Bear: I have been bugging Daniel to write on occasion for Angry Bear. Daniel did write occasionally and his commentaries were good. I know it is a burden. Well, here is one of Daniel’s comments. A good one as usual . . . I believe the interest costs are part of the story as […]
Initial jobless claims remain higher on a YoY basis, but do not suggest near term recession – by New Deal democrat Initial jobless claims rose 2,000 last week to 211,000. The 4 week moving average declined -6,250 to 211,000. With a one week lag, continuing claims rose 42,000 to 1.670 million: Although this appears very […]
Before you start to question my titling of this commentary. Women are very much in the minority in this field. There is a forecast of greater job opportunities in this field due to EVs, etc. Read on and we can talk some. By 2030, there Will Be a 30% Shortage of Electricians as reported by […]
No, this is not the title of this essay by Prof. Heather Cox Richardson who also writes “Letters from an American,” a substack drawing hundreds of commenters daily. Some Republicans are attempting to make this argument a reality. The insistence that of their opponents being socialists goes hand in hand with their effort to suppress […]
Why the public still views inflation as a major problem, despite the official numbers – by New Deal democrat This is the topic I indicated last week I wanted to write about more at length. Paul Krugman wrote last week about the disconnect between most economists, who see inflation declining, and voters, who still see […]