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

House GOP unveils health care bill without ObamaCare subsidies extension

by R.J. Sigmund House GOP unveils health care bill without ObamaCare subsidies extension. House Republicans on Friday unveiled a health care bill they will bring to a vote next week that includes items that are broadly popular in the party. Cost sharing reductions and reforms to the pharmacy benefit manager industry. It will exclude extension […]

What do vehicle miles traveled and gas usage tell us about the economy?

 – by New Deal democrat To be updated by NDd. Today is the last day of our data drought before the onslaught of delayed reports that begins tomorrow with the November jobs report and CPI.  In the meantime, there is a commenter on another economics site who generally believes that everything is OK as along as […]

American Manufacturing Jobs Declining Faster?

Yes of course, manufacturing has been declining in the US due to many things, The prime one being exportation of jobs to countries which have less Overhead than the US. This however is different as there may be a miscount occurring. The Fed believes we may be shedding more jobs than what is being accounted […]

Education Loan Debt Stats

Just some recent stats so Angry Bear readers can understand this is still an issue. Biden did take some actions as the president. Supreme Court did block Biden on taking greater by canceling $400 billion in student loan debt. Also, I added some detail as developed by Melanie Hanson as to the loan originators. Student […]

Greater Fool Theory investment update

For those who, like me, have eschewed cryptocurrency, you might have missed the recent Bitcoin crash. “Digital asset treasuries were flying high this year until bitcoin’s sudden October crash. Now many of those companies are sitting on unrealized losses.” “Over 180 public companies currently hold crypto on their balance sheets, with roughly 100 of that […]

Labor versus Market and Demand

If I had not worked in factories planning production and the materials to support it as determined by demand, I would probably be floundering. What makes things difficult is people claiming Labor is the greatest cost to manufacturing. It is not. Look to Overhead, Materials, for such Or in my simple words, a slow slide […]

New Deal democrat’s Weekly Indicators for December 8 – 12

Weekly Indicators for December 8 – 12  – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. While there were no significant changes in the ratings, two big stories stand out: (1) the nearly total re-normalization of the yield curve in response to Fed interest rate cuts; and (2) evidence of further deterioration […]

Presidential Enrichment

Two other presidents have involved themselves in outside interests and or enriching themselves. I thought there would be more. Neither appear to be so serious today as to what they may been thought during either Johnson’s presidency. Citizens for Responsibility and Ethics in Washington writes “The intensifying threat of Donald Trump’s emoluments.” Tru_p pretty much […]

Not getting hepatitis A&B vaccination can have consequences

Exposure to an environment where hepatitis is prevalent (or risk factors like diabetes, certain jobs, or travel, offering lifelong protection with just a few shots, etc.) than get the shot. If not then maybe flip a coin. I am compromised, so I opted for the A&B shots. I also travel out of country when I […]

Nine or Ten shot at Brown University

How the world looks at what happens in the United States. Fast reporting on US events and tragedies. We are faced with a tragedy at a university, Mass shooting happens so many times that even foreign news picks it up quickly. “Gunman kills two, wounds nine at US university,” Bangkok Post, 11:45 PM AZ time […]