Made in America returns! Consumer-goods supplier Reckitt Benckiser is looking to respond faster to shifts in demand for over-the-counter pharmaceuticals by moving more of its manufacturing to the U.S., its largest market. Reckitt is investing $200 million into a factory in Wilson, N.C., that it acquired last month, part of an effort to rewire its supply chain […]

The post Coming to America . . . More Manufacturing appeared first on Angry Bear.

– Israel Agrees to Cease-Fire With Lebanon’s Hezbollah—But What About Gaza?, Common Dreams. After months of slaughtering those not responsible, then you ask for a truce? “A cease-fire agreement between Israel and Hezbollah appeared to be within reach on Monday amid reports that Israeli Prime Minister Benjamin Netanyahu repeatedly scuttled diplomatic efforts in recent months. – The Global […]

The post Just Some Reading on Various Topics in My Mail Box appeared first on Angry Bear.

Back when Trump rebranded NAFTA as “USMCE,” here’s what he said about it: “We have negotiated this new agreement based on the principle of fairness and reciprocity…. This is a terrific deal for all of us….This new deal will be the most modern, up-to-date, and balanced trade agreement in the history of our country…. With […]

The post USMCA used to be “a fair deal for everybody” appeared first on Angry Bear.

Brief commentary by Dr. Kahn who is in the thick of the discussion on Medicare Advantage Costs. Health Justice Monitor, Medicare Advantage Overpayment >$100 Billion, Jim (James G.) Kahn, MD, MPH Summary: Physicians for a National Health Program released a valuable summary of Medicare Advantage overpayments. The scope and scale is breathtaking: $100 billion annual payoff […]

The post Payments to Medicare Advantage Plans is More Than What is Stated appeared first on Angry Bear.

I have begun a possibly long series on people’s heuristics and biases when we try to think about probability. I posted one explanation of the Allais Paradox. Click on the link for definitions as I go on assuming earlier posts have been read (this will create problems but I can’t avoid it). Briefly the Allais […]

The post Allais Paradox II : Do Two Wrongs Make a Right? appeared first on Angry Bear.

November 25, 2024 By Heather Cox Richardson Letters from an American Today, President Joe Biden laid out very clearly the argument behind the economic policies his administration has put into place. He writes . . . “When I took office, the pandemic was raging and the economy was reeling. From Day One, I was determined […]

The post Investing in People soon to be the One – Percenters appeared first on Angry Bear.

Special counsel Jack Smith moves to drop both federal criminal cases against Trump, POLITICO U.S. District Judge Tanya Chutkan quickly granted the motion to dismiss Trump’s Washington D.C. case, in which he was charged with conspiring to subvert the 2020 election. A similar motion in the Florida case, in which Trump was charged with hoarding […]

The post Federal Criminal Cases Against Trump Dropped for Now appeared first on Angry Bear.

– by Steve Roth Originally posted at Wealth Economics This post is in response to a very brief Bluesky exchange I had with Dan Rohde and DT Cochrane about the origins of “The Dollar” (specifically U.S.). It led me to read about the U.S. Coinage Act of 1792. Here’s the Wiki, and the Act itself — which I can’t believe […]

The post How Units of Account “Came About” appeared first on Angry Bear.

Monthly Full Report on Manufacturers’ Shipments, Inventories, & Orders – Press Release, Census.Gov, November 4, 2025. Briefly – New orders for manufactured goods in September, down four of the last five months, decreased $2.8 billion or 0.5 percent to $584.2 billion, the U.S. Census Bureau reported today. This followed a 0.8 percent August decrease. – […]

The post Manufacturers’ Shipments, Inventories, & Orders appeared first on Angry Bear.

Manufacturing and Trade Inventories and Sales: September 2024, Census.Gov Friday, November 15, 2024 Sales The combined value of distributive trade sales and manufacturers’ shipments for September is adjusted for seasonal and trading day differences but not for price changes. It was estimated at $1,881.2 billion, up 0.3 percent (±0.2 percent) from August 2024 and was […]

The post Manufacturing and Trade Inventories and Sales: September 2024 appeared first on Angry Bear.

Reading this, about companies reacting (if the author is correct) to tariffs is not a good sign for us. We already have seen an example of the morality of companies in their downsizing of packaging (which has yet to go away) of their food product plus an adder of a few pennies here or there. […]

The post Discussing the Impact of Tariffs appeared first on Angry Bear.

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Briefly . . . With the hurricane-induced weakness past, the short term forecast has improved to very positive. At the same time, while a few series have whipsawed the coincident nowcast to a neutral status. Importantly, consumer spending still remains strong. As […]

The post New Deal democrats Weekly Indicators November 18 – 22 appeared first on Angry Bear.

Other groups interested in who wins the election as well as SEnate races, etc, Crypto’s $245 million campaign finance operation filled airwaves with ads not about crypto, CNBC In Nevada’s 4th Congressional District, a crypto PAC spent nearly $2 million on ads this cycle to support the reelection of Steven Horsford, a Democratic congressman who’s […]

The post Crypto’s $245 million campaign finance operation filled airwaves with ads appeared first on Angry Bear.

I believe it is more than just GM sticking it to Labor. Increasing food prices. Each major automotive company laid off thousands. Some examples of sticking to the population. Eggs in particular saw an increase. Packaging was made smaller. Some examples: – Fritos Scoops: “Party Size” bags used to be 18 ounces, but are now 15.5 […]

The post The Reason Dems Lost this Election? Layoffs and Prices. appeared first on Angry Bear.

Trumps 2017 Tax Break Extension chart and explanation . . . Sources: CBO (for most provisions), *JCT( R&E provision), **CRFB (Interest provision) New estimates from the Congressional Budget Office (CBO) put a price tag of nearly $5 trillion on extending all the Trump-GOP tax law, which is mostly scheduled to expire at the end of 2025. That is more […]

The post Extending Trumps 2017 Tax Cuts appeared first on Angry Bear.

Dean Baker: “Story telling attracts attention and sells newspapers.” I was reading at another site which was making the argument of Medicare Advantage plans being less costly than Traditional Medicare. It cites a truism that Medicare Advantage offers Part D and Supplemental in its package while Traditional Medicare does not. That is true. However, Medicare […]

The post Being atypical is “not representative of a type, group, or class” appeared first on Angry Bear.

If it bleeds, it leads. CNN has a piece about Ramon Rivera, who randomly stabbed three people in NYC. He was mentally ill, in and out of Rikers and mental health facilities. He’s like a drunk driver who has a history of alcoholism. “New York City Mayor Eric Adams described Rivera as a homeless man […]

The post The economics of mental illness appeared first on Angry Bear.

Why The Gaetz Defeat Really Matters The first step of defiance is the hardest. Senate Republicans took it. William Kristol and Andrew Egger Earlier this week, we reported on Robert F. Kennedy Jr.’s 2020 dalliance with the “plandemic” conspiracy theory. Turns out that dalliance goes deeper than we previously knew. The social media account Patriot […]

The post The Appointments appeared first on Angry Bear.

An interesting phenomenon occurred from 2020 – 2023. Hourly wage labor experienced increasing wages during the pandemic. A recent NBER report by David Autor, Arindrajit Dube, and Annie McGrew susply the data creating a foundation for the Labor v Salary words. To display I provided an additional graph besides the one shown by The Bulwark’s […]

The post Hourly Wage Labor Benefited more, 2020 to 2023 than Salaried appeared first on Angry Bear.

In 2006 Joel Garreau wrote “300 Million and Counting” in the Smithsonian. It was then we were at a replacement rate of 2.01. The nation was barely replacing itself.  November 20, 1967, the population of the United States passed 200 million. It had taken ~29 years to add 100 million more people to the US […]

The post Population Growth Outcomes appeared first on Angry Bear.