In the early days, murder and theft were the more common means of acquiring wealth.  Wealth being the goose that laid golden eggs.  All the wealthy need do was exploit cheap labor, and Voilà!  Which they did, and still do.   Along the way, their entitlement to do so was attested to by gods and scripture; […]

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 – by New Deal democrat I think if I ever decided to cut back my online writing about the economy to the bare bones, it would be two posts a month. The first of the two posts would be this one, because the economically weighted ISM manufacturing + services indexes continue to be the best […]

The post Economically weighted ISM indexes for October show a broader, but even more inflationary, expansion appeared first on Angry Bear.

What voters didn’t know in 2024, Paul Krugman says they do know in 2026 as they are paying a lot for the failure of the Tr__p dynasty of stupid. The gamble with Iran blew up in his face. He was thinking this would be a short excursion in the Middle East. How many US soldiers […]

The post “If you’re arguing, you’re losing. Trump is arguing” appeared first on Angry Bear.

Personally, I find the time change brouhaha silly. If you live in the northern hemisphere, there’s just less daylight in the winter months. You can play with the clocks, but that doesn’t change the fact that there are 24 hours in the day and fewer of those hours will be sunlit in winter. If people […]

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At times, it is akin to reading the Sunday funnies in the newspapers or maybe it is the “Believe It or Not” section. I was doing my regular Sunday morning reads when I ran across this piece on “Above the Law” by Johnathan Wolf. Interesting title; “How Many Times Can Trump Pick Rural Republicans’ Pockets […]

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 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. When looking at the economy, you have to put your ideological priors aside. Most of us feel that T—-p is inevitably going to crash the economy, in between his stupendous incompetence and mafia bust-out tactics. But the data says that is […]

The post New Deal democrats Weekly Indicators for September 28 – October 2 appeared first on Angry Bear.

Not going to be much fun for people on Medicare Advantage . It is going to be another turbulent sign-up period for MA customers. They will be shuffling around to different plans as various plans cut what they are offering in each plan. It may include canceling plans also. And beneficiaries can expect greater complexity […]

The post Insurers, Cutting Medicare Advantage plans for 2027 and More Realignment for Consumers appeared first on Angry Bear.

Trump bullied the EU into releasing 100 million barrels of oil from its reserves over the next four months. Will that bring down gas prices in the US significantly in time for midterms? The math says no. “Europe is putting roughly 820,000 barrels a day on the market. “The world used about 104 million barrels […]

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I wasted much of the afternoon. That’s not unusual, but this time it lead me down the rabbit hole of 2012. Instaputz told everyone, but the useless Democratic Party consultants didn’t listen and cheered: Monday, July 09, 2012 Republicans still heart The Donald. Willard may be the nominee, but the GOP’s heart and soul — […]

The post Quote of the Day, 2012 Edition, Part 1 appeared first on Angry Bear.

I think the jury is still out on this issue, have not heard or seen much about them on TV or in the neighborhood news. I am sure we will eventually hear something. “Flock Surveillance Cameras Are Actually Horrible for Fighting Crime, FBI Data Shows,” Futurism, FBI Data Shows These types of surveillance devices for […]

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 – by New Deal democrat For most of this year my Big Theme has been that the AI Boom (or possibly bubble) has been counterbalancing a stagnant or even shallowly recessionary rest of the economy. In the last few months that has moved towards the economy being in an inflationary expansion, including a slight pick-up […]

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I like to post the commentary from Robert Reich site. I also subscribe to it. It does give me a chance to post other types of commentary as developed and stated by people who have a greater knowledge base on particular topics. As I have told others, my expertise is in Supply Chain and Manufacturing. […]

The post “The Rot at the Top” appeared first on Angry Bear.

 – by New Deal democrat As per usual, we start out the month with the ISM manufacturing report (for September) and the construction report (for August). Since these are two of the sectors that lead the economy, they give us a good first look at the remainder of the year. The story mainly continues to […]

The post The inflationary AI data center Boom continues, while the rest of the goods producing economy appears recessionary appeared first on Angry Bear.

A sucker is born every minute. “If you go back to the middle of the last decade, the big tech platforms were massive, and were entrenching their monopoly power in various segments of the tech economy and the national and global economy generally. The exponential growth of earlier years was giving way to merely arithmetic […]

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On January 1 of this year, the fiftyplusone generic ballot polling average had Republicans at 42% and Democrats at 46%.  As of today, the numbers are Republicans 43%, and Democrats 51%.  If the remaining undecided voters continue to break this way it could be a very rough mid-term for team Trump.  Although it may seem […]

The post The trend in the generic ballot bodes poorly for the red team appeared first on Angry Bear.

“Dance With The One Who Brung Ya,” Dan Rather Dan Rather: “Republican candidates may be stuck with the wrong partner ” Trying to make something out of nothing in questioning Jack Smith. Was it the Hawks or the Hawkeyes? “Could it then be that University of Iowa’s the Hawkeyes? Could that be it?” Over the […]

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“Perceived Importance of College Hits New Low,” Gallup Commentary Should it have? I do not believe so. Opinion plays a role in this. I have taken the charts of two similar Gallup reports and combined them into one. It gives a more complete perspective going back to 2013. The various horizonal breakdowns are similar just […]

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 – by New Deal democrat We’ll get important information on manufacturing and construction later this morning, but in the meantime let’s take our regular weekly look at jobless claims, which continued to be *very* positive. Initial claims for the week declined -1,000 to 197,000, and the four week moving average declined -2,500 to 200,000. With […]

The post Jobless claims continue to decline near historic lows appeared first on Angry Bear.

Short and easy piece to read and understand on how the changes in the economy over time now benefits those at the top of the wealth and income pyramid at the expense of the majority of the population. “There is no such thing as a ‘free market’” . . . . Robert Reich One of […]

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