– by New Deal democrat In the past month or two, a number of times I have been asked by friends and neighbors why, if the economy feels so bad, does the stock market keep making new record highs? And is this a Boom or a Bubble? Here is what I have been telling them. There […]
That Trump went, he altered the balance of negotiation. He nows plays a secondary role and dragged us into it. In an earlier commentary, it was said no other president would meet with Chinese leaders as it was too much of a give away, Former China director on the National Security Council Julian Gewirtz, who […]
It is too expensive and my vehicle does not guzzle gasoline. Gasoline Prices Just curious as to what Angry Bear readers are seeing for gasoline pricing. At a Shell Station (Riggs Road and Alma School, Sun Lakes, Arizona), the price was over $5 per gallon. I do not remember the change part of it exactly. […]
Mike Brock has a long piece up at his substack on Milton Friedman. For the tl;dr crowd, here’s the money quote: “The honest historical record is that Friedman made substantive contributions that the contemporary American left has absorbed without recognizing and that the contemporary American right has invoked without honoring. Both receptions are defective. The […]
Individual economic circumstances will influence political beliefs and behavior. Such can be said about homeowners and potential homeowners who desire to be homeowners. For example. higher mortgage interest rates will restrict those who have lower incomes. In the end, the inability to afford a home will have an influence in American politics. Home ownership and […]
New Deal Democrat: Weekly Indicators: A Negative Steepening of Bond Yields And (Maybe) Shipping Rates Summary: Unsurprisingly, the big move among the high frequency indicators in the past week was interest rates. There was also a secondary big move, which is also inflationary, and reflects the ongoing idiocy of the current Administration in Washington: international […]
Yes, I also subscribe to and read Professor Heather’s site. If you do not know of Prof. Hearther. The Prof. is a political historian who uses facts and history to make observations about contemporary American politics. In my humble opinion, Professor Heather typically gets it right. I have not found a reason to disagree. In […]
Yep, This one is from a couple of weeks ago. I like it because, we are seeing Trump destroy much of the economy, building debt, legislating tax giveaways to the upper 10% in the economy, snatching healthcare away from the middle and low in income citizens, and just being an ass. And Republicans are helping […]
It was getting kind of boring . . . One has to wonder where we would be if Pres. Donald had not attacked Iraq. Boring? I am sure Donald is in every bodies’ prayers . . . His silly actions did stir up the global economy. Been a tough week globally and in the United […]
It’s the grimmest moment in my political lifetime. Not only do we have a president devoting to enriching his friends and starting a brutal, mad war––we’ve had those before––but he’s one who doesn’t even pay lip service to democracy. Why did we get here? Because people voted for him. Why did they vote for him? […]