Real income, spending, saving, and sales continue to be expansionary  – by New Deal democrat Real income and spending are two of the most important indicators of the well-being of the consumer. With the general weakening of the economy, I have been looking to see if in particular real spending on goods would sputter. Signs […]

The post February 2025 Economy Review appeared first on Angry Bear.

This particular piece (or partial) is taken from an article written in 2015. You can pick up the entire piece at “KelloggInsight.” It is an abbreviated version of the article detailing what took place in 2008. Our economy was on the verge of collapse. Goldman Sachs made a collateral call on AIG. The results of […]

The post Economic Occurrences Could Lead the US to Another 2008 appeared first on Angry Bear.

Brief commentary as taken from Tax Fairness. Good Stats and comparisons. And brief in making its point on immigrants as compared to corporations and income taxes. “How Undocumented Immigrants Contribute to Our Economy & Pay Higher Tax Rates Than Many Major Corporations,” Americans For Tax Fairness In 2022 America’s 10.9 million undocumented immigrants paid $96.7 billion […]

The post Why We Shouldn’t Deport Undocumented Immigrants? appeared first on Angry Bear.

Weekly Indicators for March 24 – 28 at Seeking Alpha  – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The most important news in high frequency data was that we now have 4 of 5 reports from regional Feds for March, and all four showed a decline from last month, and 3 […]

The post New Deal democrat Weekly Indicators March 24-28 appeared first on Angry Bear.

Detailed information commentary by the “Center for Children and Families.” Whacking Healthcare for tax breaks. Somewhat edited. Probably needs more . . . Detailed . . . “Medicaid Work Reporting Requirements: More than Meets the Eye,” Center For Children and Families Republicans from President Trump on down are trying to hide the ball on how much they […]

The post Whacking Medicaid Healthcare appeared first on Angry Bear.

Well, the topic in the latest Common Dreams flies under the descriptor title. “Trump DOJ Turns to Supreme Court to Lift Ban on El Salvador Deportation Scheme.” So what else is new with the Trump administration? Well? Tulsi revoking the security clearances for various people. The various includes former President Joe Biden, former Vice President […]

The post Lift the Ban on El Salvador Deportation Scheme appeared first on Angry Bear.

Long leading indicators update: corporate profits in Q4 2024  – by New Deal democrat Corporate profits are a long leading indicator, as they typically turn down at least one year before the onset of a recession. Unfortunately, they are typically reported with a lag, and Q4 corporate profits aren’t reported officially until the final update […]

The post Corporate Profits Increased Consistently Since Q1 2023, They are Forecasting No Recession 2025 appeared first on Angry Bear.

I get that Trump is too stupid to understand that his tariffs (a) will be paid by American consumers, (b) will drive inflation and (c) will prevent future Fed rate cuts. But there are other negative consequences: “While Wall Street frets about potential volatility from President Trump’s April 2 “Liberation Day” plans, another part of […]

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When I was a graduate student, it wasn’t unusual to do a postdoc in the UK or in Europe. If you wanted a permanent position in the US, though, this meant you’d have to do a second postdoc back in the US. I know of several people who took this path. Now, thanks to the […]

The post Trump opens the American brain drain appeared first on Angry Bear.

The Trump Administration cuts $1 billion from food banks in order to fund tax cuts for the 1% and corporations. “Food banks across New England are scrambling after the Trump administration this month cut some $1 billion from programs that help them obtain food for distribution, increasing concerns about meeting demand when hunger is already […]

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Consumer Research is a leader in the right-wing anti-ESG campaign against “woke capitalism,” spending millions of dollars to publicly shame Fortune 500 CEOs and pressure firms against taking a stand on social justice and political issues. It received millions since 2019 from DonorsTrust, a dark money organization closely tied to Leonard Leo’s dark money network. Once again […]

The post Non-Delegation Doctrine which Disallows Agencies Funding and Decisions appeared first on Angry Bear.

Both Sen. Susan Collins (R-ME) and Democratic Sen. Patty Murray (WA) wrote a letter protesting a key decision made by Office of Management and Budget Director Russ Vought about the continuing resolution passed to avert a government shutdown on March 14. The issue? The partial distribution of emergency funding as determined by Trump after it […]

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 – by New Deal democrat This week’s look at initial jobless claims includes seasonal revisions made to the data for the last five years. Fortunately, they appear to be very minor. So let’s take our typical look. On a weekly basis, initial claims declined -1,000 to 224,000, and the four week moving average declined -4,750 to […]

The post Jobless claims continue higher YoY, but not recessionary appeared first on Angry Bear.

Well it is not the Wings. A failed attempt by the Trump’s administration to get a Greenland resident to host a visit by J. D. The real reason Trump’s Vance visit to Greenland did not occur. No resident of Greenland would host the visit. I think the ship was already sailing when they were going […]

The post Who’s That Knocking at My Door? appeared first on Angry Bear.

Pete Hegseth was a DEI hire. GOP affirmative action to insure that incompetent alcoholics aren’t discriminated against. Here’s Mike Brock (paywalled, so no link) on the colossal blunder that is Pete Hegseth: “The core argument against DEI initiatives has always been straightforward: institutions should hire based on merit alone, without regard for demographic considerations. That […]

The post Pete Hegseth: DUI DEI hire appeared first on Angry Bear.

Lauren Egan writes . . . How Democrats faced a Joe Biden litmus test. But now could they also face a Chuck Schumer litmus test? In an interview with Politico . . . Michigan state Sen. Mallory McMorrow (who is widely expected to announce a bid next week to replace retiring U.S. Sen. Gary Peters) said the Democratic party […]

The post Democrats Need a Change appeared first on Angry Bear.

 More of a detailed explanation on the “Federal Communications Commission v. Consumers’ Research” now before SCOTUS. It appears two justices could join the three justices who are in the minority much of the time. The topic before the court is “nondelegation.” and the limitational of authority by Congress to delegate power to federal agencies. “Kavanaugh […]

The post Federal Communications Commission v. Consumers’ Research Again appeared first on Angry Bear.

 – by New Deal democrat Last week I explored how past episodes of sharp increases in politic uncertainty, and decreases in consumer confidence, had played out in the hard data as to both production and consumption. The upshot was that consumers tended to react first, with about a one quarter delay, and producers tended to […]

The post Manufacturers continue to front-run tariffs, with no weakness in new orders appeared first on Angry Bear.

“Donald Trump Ignoring Court Order Is ‘Doomsday Scenario,'” (Newsweek) SUMMARY: President Donald Trump’s deportation of Venezuelan migrants may have violated a direct court order, leading to what the FBI’s former general counsel, Andrew Weissmann, has called a potential “doomsday scenario.” Speaking on MSNBC, Weissman said: “The doomsday scenario for this country is the idea that you […]

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The housing market continues its slow rebalancing: new and existing home sales rangebound, price pressures including Case Shiller and FHFA steady  – by New Deal democrat Since new home sales as well as the repeat sales price indexes were both reported this morning, let’s update the entire housing market all at once, including existing home sales, […]

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