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

On Leverage

Archimedes is said to have to have said, “Give me a place to stand and a lever and I shall move the earth.” They say, “Give us a seat and we will screw up The House of Representatives, the Nation.” They proved it. NRA said, “Here’s some cash.” There is no distance between the Freedom […]

Earnings inequality continuing growth in the pandemic labor market

“Inequality in annual earnings worsens in 2021.” This report is a couple of weeks old. Still relevant and supports what NDd has been saying as well as others here at Angry Bear. This is taken from EPI. Partial read of a larger report. Details from year twenty-one finds annual wages rising the fastest for the […]

Weekly Indicators for December 26 – 30

 – by New Deal democrat My Weekly Indicators post is also up at Seeking Alpha. The volatile coincident consumer numbers bounced higher this week, while another recession indicating system flashed red, suggesting a recession is most likely to start during the 2nd Quarter of 2023. As usual, clicking over and reading my commentary at Seeking […]

Nous sommes dans le changement

Indeed we are. Tout les mond sommes dans le changement. Change comes sometimes fast, sometimes slow; but always, inexorably. Still and yet, some would deny, attempt to slow down or even stop change. Too few recognize it when they see it. Throughout history, blood has flowed like rivers resultant efforts to slow down or stop […]

Initial claims close out the year still positive

Initial claims close out the year still positive  – by New Deal democrat This morning we got the final economic news of the year, as initial claims for the week rose 9,000 to 225,000. The 4-week moving average declined 250 to 221,000. Continuing claims rose 41,000 to 1,710,000, a 10-month high: The weekly number was […]

Coronavirus dashboard for year end 2022

Coronavirus dashboard for year end 2022: becoming endemic, and still an important threat to seniors  – by New Deal democrat As we close out 2022, let’s look back at the overall picture for COVID. The best historical measure of actual infections is Biobot, which samples wastewater. This is because the advent of easy home testing […]

A New Wellbeing Rankings Study

A New Wellbeing Rankings Study  David G. Blanchflower of Dartmouth and Alex Bryson of University College in London have just published a paper at NBER 30759 “Wellbeing Rankings,” which provides some provocative ideas and data on various possible measures of well-being in societies. This reflects dissatisfaction with the tendency to use a single measure, “life […]

Graphically Defining the economy in 2022

Three graphs which defined the economy in 2022; a look back at my forecasts In the summer of 2021, looking at the long leading indicators, I wrote: “while the long leading indicators confirm a firm, even strong expansion through the remainder of 2021, by spring of 2022 they are neutral, suggesting a much softer economy, […]