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

Will Dean Baker’s Quiver Full of Solutions Stabilize Social Security?

Dean is on a roll here with propositions for the nation as it ages. Thoughtfully, I called it initially a Quiver of Arrows in Support of the economy and in the end Social Security. He is answering a question of what do we need to do to prepare for an aging population and lower replacement […]

Social Security Trustees’ Report Is Out So Is CRFB’s Analysis

Social Security Trustees’ Report Is Out So Is CRFB’s Analysis by Dale Coberly Look, I don’t like CRFB.  They claim to be the Committee for a Responsible Federal Budget (CRFB), but in the years I have been watching them they have looked more like the Committee to Cut Social Security. Today my inbox presented me […]

Revisions to Q4 GDP made real final sales worse

Revisions to Q4 GDP made real final sales worse, a potential portent of near in time recession  – by New Deal democrat A month ago, following another blogger, I took a look at real final sales, and real final sales to domestic purchasers, in the GDP – which increased less than 0.5% and just above […]

Death to Farm Credit from Those on High

I think I missed this one by Michael Smith. I did not delete it out of my In-Box/ Even so it is interesting . . . Death to Farm Credit from Those on High, Farmer and Economist, Mike Smith I’m in between fall crop planting and have to focus so I am going to run this like […]

Response Would’ve Been ‘Vastly Different’ if the Rioters Were Black

I was no general, field grade officer, or even an officer in 1970. Just a three-strip Sergeant in my 3rd year stationed at Lejeune drinking the water and bathing in it. Someone had a brilliant idea we should be trained in riot control since Camp Lejeune was not far from Washington D.C. Some elements out […]

Almost nobody is still getting laid off, but this week, it’s not good enough

Almost nobody is still getting laid off, but this week, it’s not good enough  – by New Deal democrat Today and tomorrow update the two remaining positive sectors of the economy: jobs and real personal income. And the first one continued to give excellent historical readings, but relatively speaking suffered in comparison to their all-time […]

Door Wide Open for Republicans on Student Loans

Door Wide Open for Republicans on Student Loans, Alan Collinge, Student Loan Justice, Medium. Angry Bear has featured Alan and Student Loan Justice Org. well over a decade now. In the manner they are written, these loans by the Federal Government and maintained by private enterprises are akin to loans made by a hypothetical student […]

UK National Health Service Failures Due to Privatization & Funding Cuts

What we are seeing in the UK is an example of giving commercial healthcare too much latitude in providing healthcare. Private equity became involved with care for older people and care became chargeable and means-tested, long-stay hospitals were closed. and the government gave over the building of new facilities to private interests. Th US is […]

Sharp deceleration in YoY house price gains, and the Fed’s chasing the phantom menace

More on the sharp deceleration in YoY house price gains, and the Fed’s chasing the phantom menace  – by New Deal democrat Since there is no big economic news again today, let me fill in a little more detail on house prices through January, reported yesterday, vs. CPI for shelter. Here is the monthly % […]