Angry Bear https://angrybearblog.com/ Relevant and even prescient commentary on news, politics and the economy. Wed, 12 Aug 2026 21:53:23 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.4 Slower Job Growth Path https://angrybearblog.com/2026/08/slower-job-growth-path https://angrybearblog.com/2026/08/slower-job-growth-path#respond Wed, 12 Aug 2026 12:15:00 +0000 https://angrybearblog.com/?p=192171 This is one of the issues, I am not an expert on. I know the numbers. If I track them, I can arrive to a conclusion. It is people like New Deal democrat and Dean Baker who can explain them to the degree you may wish to know. They give the reasons why and how […]

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]]> https://angrybearblog.com/2026/08/slower-job-growth-path/feed 0 AI: Manhattan Project or Jurassic Park? https://angrybearblog.com/2026/08/ai-manhattan-project-or-jurassic-park https://angrybearblog.com/2026/08/ai-manhattan-project-or-jurassic-park#comments Wed, 12 Aug 2026 08:49:59 +0000 https://angrybearblog.com/?p=192166 Let’s hand the microphone to Garrett Graff: “Most people think of Jurassic Park as a cautionary tale for science, when really it’s a cautionary tale for corporate trust and safety teams, board oversight, and regulatory compliance. The dinosaurs’ entirely predictable rampage should really be seen as a failure of the security teams and the fence […]

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]]> https://angrybearblog.com/2026/08/ai-manhattan-project-or-jurassic-park/feed 2 Must be heard to be believed . . . https://angrybearblog.com/2026/08/must-be-heard-to-be-believed https://angrybearblog.com/2026/08/must-be-heard-to-be-believed#comments Wed, 12 Aug 2026 00:50:48 +0000 https://angrybearblog.com/?p=192174 David Remnick’s interview with a DSA co-chair is an out-of-body experience.

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]]> https://angrybearblog.com/2026/08/must-be-heard-to-be-believed/feed 3 A “quick and dirty” look at anticipated consumer inflation in July https://angrybearblog.com/2026/08/a-quick-and-dirty-look-at-anticipated-consumer-inflation-in-july https://angrybearblog.com/2026/08/a-quick-and-dirty-look-at-anticipated-consumer-inflation-in-july#respond Tue, 11 Aug 2026 20:00:00 +0000 https://angrybearblog.com/?p=192160 – by New Deal democrat Tomorrow we’ll get the CPI report for July. At first, I thought this might resume the upward spike of April and May — but maybe not. My “quick and dirty” way to create a back of the envelope estimate of consumer inflation is to divide the change in gas prices (conservatively) […]

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]]> https://angrybearblog.com/2026/08/a-quick-and-dirty-look-at-anticipated-consumer-inflation-in-july/feed 0 Quote of the day https://angrybearblog.com/2026/08/quote-of-the-day-28 https://angrybearblog.com/2026/08/quote-of-the-day-28#comments Tue, 11 Aug 2026 17:16:43 +0000 https://angrybearblog.com/?p=192158 The Citizenship Clause was indeed written to repudiate Dred Scott, the 1857 Supreme Court decision holding that Black people could never be citizens. But the Reconstruction Congress did not swap one caste rule for a narrower one; it extended the promise to “every free-born person in this land.” The idea wasn’t just to retroactively protect […]

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]]> https://angrybearblog.com/2026/08/quote-of-the-day-28/feed 3 One State Does It Right – Colorado State legislature extends supplemental state ACA subsides thru 2027 https://angrybearblog.com/2026/08/192120 https://angrybearblog.com/2026/08/192120#respond Tue, 11 Aug 2026 12:40:00 +0000 https://angrybearblog.com/?p=192120 Quite a few people are dropping healthcare insurance because they can not afford it. If they are above the limits for subsidies, they are risking themselves and family to a financial catastrophe. I have done this myself when the children were gone and I was without a position. One state has chosen to support people […]

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]]> https://angrybearblog.com/2026/08/192120/feed 0 Scenes, both positive and negative, from the July employment report https://angrybearblog.com/2026/08/scenes-both-positive-and-negative-from-the-july-employment-report https://angrybearblog.com/2026/08/scenes-both-positive-and-negative-from-the-july-employment-report#respond Tue, 11 Aug 2026 12:00:00 +0000 https://angrybearblog.com/?p=192125 – by New Deal democrat As per usual, there’s no economic news today, the first Monday after the employment report. So let’s dig into some detail about what was naughty and what was nice from Friday’s anemic report. Let me start with the naughty, and in particular the -50,000 job losses (seasonally adjusted) in local education. […]

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]]> https://angrybearblog.com/2026/08/scenes-both-positive-and-negative-from-the-july-employment-report/feed 0 Trump publicizes the vaccine-ASD fable https://angrybearblog.com/2026/08/trump-publicizes-the-vaccine-asd-fable https://angrybearblog.com/2026/08/trump-publicizes-the-vaccine-asd-fable#comments Tue, 11 Aug 2026 09:29:18 +0000 https://angrybearblog.com/?p=192114 From Medpage Today: “Speaking about the order at the Oval Office on Monday, Trump repeatedly suggested the number or timing of vaccines could play a role in rising rates of autism spectrum disorder . . .” Uh, no. What’s been rising is the rate of ASD *diagnoses,” due to changes in classification criteria and increased […]

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]]> https://angrybearblog.com/2026/08/trump-publicizes-the-vaccine-asd-fable/feed 3 Resisting Trump and the Green Lantern theory of Congress https://angrybearblog.com/2026/08/resisting-trump-and-the-green-lantern-theory-of-congress https://angrybearblog.com/2026/08/resisting-trump-and-the-green-lantern-theory-of-congress#comments Mon, 10 Aug 2026 14:30:41 +0000 https://angrybearblog.com/?p=192118 According to the political data site fifty plus one, Trump currently has a net disapproval of 24 points.  At the same time, the Democrats remain unpopular.  The net disapproval of the Democrats has hovered around 15 points, about the same as the Republicans.  The Democrats lead in the generic ballot, but only by 6 points […]

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]]> https://angrybearblog.com/2026/08/resisting-trump-and-the-green-lantern-theory-of-congress/feed 2 Surge in the Uninsured Patients at Hospitals, etc https://angrybearblog.com/2026/08/surge-in-the-uninsured-patients-at-hospitals-etc https://angrybearblog.com/2026/08/surge-in-the-uninsured-patients-at-hospitals-etc#respond Mon, 10 Aug 2026 12:45:00 +0000 https://angrybearblog.com/?p=191937 Brief review as to what is happening in healthcare since Trump whacked ACA insurance for roughly 3 million citizens initially. More to come for the uninsured as this plays out. Costs did increase at hospitals and other healthcare sites (doctors, clinics, etc.). For the millions voting for Tr__p, I hope this is what you wanted. […]

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]]> https://angrybearblog.com/2026/08/surge-in-the-uninsured-patients-at-hospitals-etc/feed 0 Oil . . . https://angrybearblog.com/2026/08/oil-5 https://angrybearblog.com/2026/08/oil-5#respond Mon, 10 Aug 2026 12:00:00 +0000 https://angrybearblog.com/?p=192104 Just Information on supply and what is happening in the short term. I suspect if Trump keeps fooling around with the Middle East, we could experience some types of short-term shortages as reported via news. It will then grow bigger than the reality. Conflicting signals from Washington and Tehran keep oil markets on edge as […]

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]]> https://angrybearblog.com/2026/08/oil-5/feed 0 Quote of the day https://angrybearblog.com/2026/08/quote-of-the-day-27 https://angrybearblog.com/2026/08/quote-of-the-day-27#comments Mon, 10 Aug 2026 08:29:12 +0000 https://angrybearblog.com/?p=192089 And in the age of cheap drones, you can’t really defend against it. As we are seeing, it doesn’t take long to deplete any missile defenses you have, and no one has missile defenses covering everything anyway. Maybe most of these attacks won’t amount to much, but sometimes… We are ruled by people who have […]

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]]> https://angrybearblog.com/2026/08/quote-of-the-day-27/feed 4 CMS finalizes higher Medicare Advantage rates https://angrybearblog.com/2026/08/cms-finalizes-higher-medicare-advantage-rates https://angrybearblog.com/2026/08/cms-finalizes-higher-medicare-advantage-rates#comments Sun, 09 Aug 2026 12:30:00 +0000 https://angrybearblog.com/?p=191341 A rundown of what is occurring with Medicare Advantage as CMS finalizes higher Medicare Advantage rates for 2027 in gift to insurers. An unexpectedly generous rate update for 2026 was scuttled initially. In the end, final rate was almost 2.4 percentage points higher. This was a high bump. This comes after CMS officials spent the last […]

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]]> https://angrybearblog.com/2026/08/cms-finalizes-higher-medicare-advantage-rates/feed 2 New Deal democrats Weekly Indicators for August 3-7 https://angrybearblog.com/2026/08/new-deal-democrats-weekly-indicators-for-august-3-7 https://angrybearblog.com/2026/08/new-deal-democrats-weekly-indicators-for-august-3-7#respond Sun, 09 Aug 2026 12:00:00 +0000 https://angrybearblog.com/?p=192023 Weekly Indicators for August 3 – 7 at Seeking Alpha The choice of what to highlight this week was very easy, because it was practically screamed from this following graph: Corporate profits were through the roof in Q2, driven not just by AI-related companies but even more by the tidal wave of windfall profits by […]

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]]> https://angrybearblog.com/2026/08/new-deal-democrats-weekly-indicators-for-august-3-7/feed 0 The Communist Manifesto https://angrybearblog.com/2026/08/the-communist-manifesto https://angrybearblog.com/2026/08/the-communist-manifesto#comments Sun, 09 Aug 2026 08:38:10 +0000 https://angrybearblog.com/?p=192053 I’m currently auditing an online lecture series by historian Timothy Snyder on Hitler and Stalin. The most recent lecture was on Communism. Snyder recommends that his students read The Communist Manifesto by Marx and Engels. It’s mercifully short and the Kindle version cost 99 cents, so I read it. As I say, it’s short and […]

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]]> https://angrybearblog.com/2026/08/the-communist-manifesto/feed 3 The People v USPS https://angrybearblog.com/2026/08/the-people-v-usps https://angrybearblog.com/2026/08/the-people-v-usps#respond Sat, 08 Aug 2026 22:30:00 +0000 https://angrybearblog.com/?p=191325 Bit of an Introduction: Steve Hutkins writes “Save the Post Office.” The website was created in 2011, when Steve’s local post office in New York’s Hudson Valley was in danger of closing. Steve’s “day job” was as an English professor (now retired) who taught place studies and travel literature at the Gallatin School of New […]

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]]> https://angrybearblog.com/2026/08/the-people-v-usps/feed 0 Quote of the day https://angrybearblog.com/2026/08/quote-of-the-day-26 https://angrybearblog.com/2026/08/quote-of-the-day-26#respond Sat, 08 Aug 2026 15:55:33 +0000 https://angrybearblog.com/?p=192039 Real threats do not require social influencers, since they are obvious to all. No one had to convince Americans after Pearl Harbor that the danger was great and sacrifice imperative. They saw it clearly and acted. When a modern cable news anchor reports with a smirk that the opposition is destroying this once great republic, […]

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]]> https://angrybearblog.com/2026/08/quote-of-the-day-26/feed 0 My updated “consumer nowcast” is up, plus more confirmation in the June JOLTS report https://angrybearblog.com/2026/08/my-updated-consumer-nowcast-is-up-plus-more-confirmation-in-the-june-jolts-report https://angrybearblog.com/2026/08/my-updated-consumer-nowcast-is-up-plus-more-confirmation-in-the-june-jolts-report#respond Sat, 08 Aug 2026 12:40:00 +0000 https://angrybearblog.com/?p=192025 – by New Deal democrat Yesterday I posted the update of my “consumer nowcast” over at Seeking Alpha.   As a refresher, this system looks at the various sources that can power increased consumer spending, which is 70% of the economy. When all of those sources are shut down, a recession almost invariably occurs. Unsurprisingly, the only […]

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]]> https://angrybearblog.com/2026/08/my-updated-consumer-nowcast-is-up-plus-more-confirmation-in-the-june-jolts-report/feed 0 Small Update: Statement on the FRA’s Phase I Report on Penn Station, NY https://angrybearblog.com/2026/08/statement-on-the-fras-phase-i-report-on-penn-station-ny https://angrybearblog.com/2026/08/statement-on-the-fras-phase-i-report-on-penn-station-ny#respond Sat, 08 Aug 2026 12:00:00 +0000 https://angrybearblog.com/?p=192028 There is a need in the United States for alternative ways of travel other than by airplane or private vehicles. Trains do offer such a way of longer distance travel. Taking a train often times can be less costly than driving a car and cheaper than flying to your destination. This is considering a day […]

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]]> https://angrybearblog.com/2026/08/statement-on-the-fras-phase-i-report-on-penn-station-ny/feed 0 Why I take pictures https://angrybearblog.com/2026/08/why-i-take-pictures https://angrybearblog.com/2026/08/why-i-take-pictures#respond Sat, 08 Aug 2026 08:39:29 +0000 https://angrybearblog.com/?p=192011 Most days I go on walks of 4-6 miles in the nearby woods. I bring my camera. I tell people that it gives me something to do with my hands. But it’s more than that. I learned the basics of photography in high school. I used many of those skills as a postdoc and well […]

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]]> https://angrybearblog.com/2026/08/why-i-take-pictures/feed 0 July jobs report: school’s out for summer! Plus, many other indicators take a sabbatical as well https://angrybearblog.com/2026/08/july-jobs-report-schools-out-for-summer-plus-many-other-indicators-take-a-sabbatical-as-well https://angrybearblog.com/2026/08/july-jobs-report-schools-out-for-summer-plus-many-other-indicators-take-a-sabbatical-as-well#comments Fri, 07 Aug 2026 18:00:00 +0000 https://angrybearblog.com/?p=192018 – by New Deal democrat My Big Theme for the past few months has been that the AI Boom (or possibly bubble) is counterbalancing a stagnant or even shallowly recessionary rest of the economy. After three good reports in a row, the June employment report had been very weak, and July was even worse – but […]

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]]> https://angrybearblog.com/2026/08/july-jobs-report-schools-out-for-summer-plus-many-other-indicators-take-a-sabbatical-as-well/feed 1 Maybe Something of Interest? https://angrybearblog.com/2026/08/maybe-something-of-interest https://angrybearblog.com/2026/08/maybe-something-of-interest#comments Fri, 07 Aug 2026 15:42:40 +0000 https://angrybearblog.com/?p=192012 I always liked the idea of sailing on a boat or ship. I did it once upon a sailing ship our Sunday school teacher owned. He owned a small airline, so he could do this. It was a single mast of some size (do not remember), No sleeping quarters, just shelter. I read stories about […]

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]]> https://angrybearblog.com/2026/08/maybe-something-of-interest/feed 2 Very positive “superlow” new jobless claims forecast an unemployment rate under 4% in the next few months https://angrybearblog.com/2026/08/very-positive-superlow-new-jobless-claims-forecast-an-unemployment-rate-under-4-in-the-next-few-months https://angrybearblog.com/2026/08/very-positive-superlow-new-jobless-claims-forecast-an-unemployment-rate-under-4-in-the-next-few-months#comments Fri, 07 Aug 2026 12:48:00 +0000 https://angrybearblog.com/?p=191985  – by New Deal democrat The super low number of job losses in the country continues to be one of the two most powerfully positive signals for the entire economy. Last week only 199,000 people filed for new jobless benefits, the third week in a row that the number was fewer than 200,000. The four […]

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]]> https://angrybearblog.com/2026/08/very-positive-superlow-new-jobless-claims-forecast-an-unemployment-rate-under-4-in-the-next-few-months/feed 2 5.2 MILLION fewer Americans have Medicaid/CHIP coverage since Trump returned https://angrybearblog.com/2026/08/5-2-million-fewer-americans-have-medicaid-chip-coverage-since-trump-returned https://angrybearblog.com/2026/08/5-2-million-fewer-americans-have-medicaid-chip-coverage-since-trump-returned#comments Fri, 07 Aug 2026 12:00:00 +0000 https://angrybearblog.com/?p=191989 I follow Charles Gaba when I want accurate information on the ACA, enrollment and reductions in enrollment. The link to his site is included. I believe what is most exasperating about all of this is not a peep out of Senators and Congressional Representatives with regard to anger for the people they represent. Initially, “Nearly […]

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]]> https://angrybearblog.com/2026/08/5-2-million-fewer-americans-have-medicaid-chip-coverage-since-trump-returned/feed 5 College rankings never really mattered https://angrybearblog.com/2026/08/college-rankings-never-really-mattered https://angrybearblog.com/2026/08/college-rankings-never-really-mattered#respond Fri, 07 Aug 2026 09:39:07 +0000 https://angrybearblog.com/?p=192009 The fact of college graduation matters far more, if you’re worried about jobs, than *which* college you attended. For most employers and most jobs, the fact that you graduated college shows that you’re a finisher. Over a four-year period, you took courses in a variety of fields and, within a narrow timetable (quarter or semester) […]

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]]> https://angrybearblog.com/2026/08/college-rankings-never-really-mattered/feed 0 Quote of the day https://angrybearblog.com/2026/08/quote-of-the-day-25 https://angrybearblog.com/2026/08/quote-of-the-day-25#respond Fri, 07 Aug 2026 08:42:12 +0000 https://angrybearblog.com/?p=191980 It seems extremely unlikely that the Trump administration will be chastened by its failure in Iran. Shamelessness has been central to Trump’s business and political success, and his reaction to setbacks is to deny objective facts and construct fantasies of achievement. The rigors of war do not seem to have persuaded him of the need […]

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]]> https://angrybearblog.com/2026/08/quote-of-the-day-25/feed 0 The economically weighted ISM indexes for July show a reasonably strong but stagflationary expansion https://angrybearblog.com/2026/08/the-economically-weighted-ism-indexes-for-july-show-a-reasonably-strong-but-stagflationary-expansion https://angrybearblog.com/2026/08/the-economically-weighted-ism-indexes-for-july-show-a-reasonably-strong-but-stagflationary-expansion#respond Thu, 06 Aug 2026 20:56:51 +0000 https://angrybearblog.com/?p=191982  – by New Deal democrat The economically weighted ISM manufacturing + services indexes continue to be the best timely snapshot of the US economy. With this morning’s update of the services index through July, let’s see what they say. As a quick refresher, I particularly look at the three month average to smooth out noise, and […]

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]]> https://angrybearblog.com/2026/08/the-economically-weighted-ism-indexes-for-july-show-a-reasonably-strong-but-stagflationary-expansion/feed 0 Quote of the day https://angrybearblog.com/2026/08/quote-of-the-day-24 https://angrybearblog.com/2026/08/quote-of-the-day-24#respond Thu, 06 Aug 2026 12:17:25 +0000 https://angrybearblog.com/?p=191977 Those who are for a time doges I would warn to study the image this sets before their eyes, that they may see as in a mirror that they are leaders not lords, not even leaders, but honored servants of the State. ~Petrarch

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]]> https://angrybearblog.com/2026/08/quote-of-the-day-24/feed 0 Surge in Uninsured Patients at Hospitals, Emergency Care, and Doctors Offices https://angrybearblog.com/2026/08/surge-in-uninsured-patients-at-hospitals-emergency-care-and-doctors-offices https://angrybearblog.com/2026/08/surge-in-uninsured-patients-at-hospitals-emergency-care-and-doctors-offices#respond Thu, 06 Aug 2026 12:17:14 +0000 https://angrybearblog.com/?p=191931 This New York Times article touches upon the surge at hospitals. You can bet similar is happening at Emergency Care, and doctors’ offices too. Republican politicians had to know this would happen. Indeed, according to Fact Check: “Enrollment in Medicaid and the Affordable Care Act marketplace has indeed declined by about 8 million since the […]

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]]> https://angrybearblog.com/2026/08/surge-in-uninsured-patients-at-hospitals-emergency-care-and-doctors-offices/feed 0 Will the MidTerms be Unhindered by Political Interest? https://angrybearblog.com/2026/08/191966 https://angrybearblog.com/2026/08/191966#respond Thu, 06 Aug 2026 12:07:10 +0000 https://angrybearblog.com/?p=191966 Robert Reich did have a Poll on this question. I did post the two highest answers by the hundreds on readers. TR__p is going to do something to usurp the elect results. Pretty much, voters are the one think which could stop Tr__p. The vote will be doubly important. Angry Bear. “Office Hours: What’s Tr__ump’s […]

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]]> https://angrybearblog.com/2026/08/191966/feed 0 Carrot maxxing https://angrybearblog.com/2026/08/carrot-maxxing https://angrybearblog.com/2026/08/carrot-maxxing#comments Thu, 06 Aug 2026 08:23:25 +0000 https://angrybearblog.com/?p=191953 When I was very young, I consumed lots of carrots. It turned my skin orange, according to my mom. “People are touting “carrot maxxing” on social media as a natural shortcut to golden skin. “Week 6 of drinking my self-tanner,” one woman said on TikTok, downing a glass of carrot juice. “A different woman who […]

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]]> https://angrybearblog.com/2026/08/carrot-maxxing/feed 1 The World Cup Effect https://angrybearblog.com/2026/08/the-world-cup-effect https://angrybearblog.com/2026/08/the-world-cup-effect#comments Wed, 05 Aug 2026 22:17:39 +0000 https://angrybearblog.com/?p=191954 The June report on International Trade came out yesterday. Not much surprising: exports decreased but imports decreased more, narrowing the deficit. The decline in imports of Capital Goods was basically computers down (-$3B), telecom (mobile phones) up (+$1.1B), as if there were still a distinction between the two. The decline in Consumer Goods was mostly […]

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]]> https://angrybearblog.com/2026/08/the-world-cup-effect/feed 1 Totally nuts https://angrybearblog.com/2026/08/totally-nuts https://angrybearblog.com/2026/08/totally-nuts#comments Wed, 05 Aug 2026 18:42:50 +0000 https://angrybearblog.com/?p=191951 “Ever the hype man, Musk suggested thinking of SpaceX’s satellites as robots, given that “they’re autonomous and don’t need servicing.” In the not-so-distant future, Musk mused, robots will be used to scale manufacturing on the moon. From there, moon-based robots will enable SpaceX to build a mass accelerator with solar production. Even Musk admitted it […]

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]]> https://angrybearblog.com/2026/08/totally-nuts/feed 3 Is the fall of the Roman republic a portent for 21st century America? https://angrybearblog.com/2026/08/is-the-fall-of-the-roman-republic-a-portent-for-21st-century-america https://angrybearblog.com/2026/08/is-the-fall-of-the-roman-republic-a-portent-for-21st-century-america#comments Wed, 05 Aug 2026 08:46:41 +0000 https://angrybearblog.com/?p=191949 I’ve long felt that the Soviet Union was good for America. Sputnik provoked innovation in American schools. Shaming by the USSR on the world stage helped accelerate civil rights in the US. Fear of the USSR enforced a sort of patriotic unity of purpose in our politics. Yes, it had unhealthy effects like the Vietnam […]

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]]> https://angrybearblog.com/2026/08/is-the-fall-of-the-roman-republic-a-portent-for-21st-century-america/feed 4 Quote of the day https://angrybearblog.com/2026/08/quote-of-the-day-23 https://angrybearblog.com/2026/08/quote-of-the-day-23#comments Tue, 04 Aug 2026 12:10:26 +0000 https://angrybearblog.com/?p=191947 It’s not just that people don’t want data centers in their backyards or regions. We basically know why they don’t want them. They’ll bogart all the electricity and water. Drive up rates. Wreck the environment. There’s another dimension of it though. The throughline of this age is that you’ve got these big tech platforms that […]

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]]> https://angrybearblog.com/2026/08/quote-of-the-day-23/feed 11 Trump’s war on Iran makes Iranian nukes more likely https://angrybearblog.com/2026/08/trumps-war-on-iran-makes-iranian-nukes-more-likely https://angrybearblog.com/2026/08/trumps-war-on-iran-makes-iranian-nukes-more-likely#comments Tue, 04 Aug 2026 09:04:02 +0000 https://angrybearblog.com/?p=191945 Before the US/Israeli war on Iran, there was zero evidence that Iran had a nuclear weapons program. The claim that they were weeks away from a bomb were based on fabrications and projection. Was Iran enriching uranium? Yes. But the claim that it was for a weapon was a counterfactual. Remember those non-existent Iraqi WMDs? […]

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]]> https://angrybearblog.com/2026/08/trumps-war-on-iran-makes-iranian-nukes-more-likely/feed 3 Quote of the day https://angrybearblog.com/2026/08/quote-of-the-day-22 https://angrybearblog.com/2026/08/quote-of-the-day-22#respond Mon, 03 Aug 2026 20:36:25 +0000 https://angrybearblog.com/?p=191943 And for this change the people will be responsible. On the one hand they will think they have a grievance against those leaders who seem stingy, and on the other hand, they will be puffed up by the flattery of those campaigning for office. Stirred to fury and swayed by passion, the people will no […]

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]]> https://angrybearblog.com/2026/08/quote-of-the-day-22/feed 0 Talking About Trump and His Foibles https://angrybearblog.com/2026/08/talking-about-trump-and-his-foibles https://angrybearblog.com/2026/08/talking-about-trump-and-his-foibles#respond Mon, 03 Aug 2026 12:45:00 +0000 https://angrybearblog.com/?p=191880 Maybe foibles is too weak a word to use to describe Trump’s weakness? He definitely has issues. I do not believe he is aware of them. If he is aware he definitely not admitting anything is wrong in his approach as the president. Think of it this way . . . “I am the monarch […]

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]]> https://angrybearblog.com/2026/08/talking-about-trump-and-his-foibles/feed 0 Education: Use it or lose it https://angrybearblog.com/2026/08/education-use-it-or-lose-it https://angrybearblog.com/2026/08/education-use-it-or-lose-it#respond Mon, 03 Aug 2026 11:43:59 +0000 https://angrybearblog.com/?p=191941 I’ve seen several online pieces about the paucity of nutrition coursework in medical school. For example, this: “Nearly every week, I recommend a change in diet as a first-line treatment for type 2 diabetes, high blood pressure, and high cholesterol — the conditions that fill American clinics and account for more death than any other […]

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]]> https://angrybearblog.com/2026/08/education-use-it-or-lose-it/feed 0 This is what flop sweat smells like https://angrybearblog.com/2026/08/this-is-what-flop-sweat-smells-like https://angrybearblog.com/2026/08/this-is-what-flop-sweat-smells-like#comments Mon, 03 Aug 2026 09:38:40 +0000 https://angrybearblog.com/?p=191918 Health Secretary Robert F. Kennedy Jr. got into it with CNN’s Dana Bash on Sunday in an interview segment that quickly evolved into Kennedy angrily berating Bash and her network for “punishing” people during the Covid-19 pandemic. “The segment on Sunday comes as measles outbreaks have broken out in several states, with public health officials […]

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]]> https://angrybearblog.com/2026/08/this-is-what-flop-sweat-smells-like/feed 1 Consumers’ strong spending contrasts with recessionary real incomes in June https://angrybearblog.com/2026/08/consumers-strong-spending-contrasts-with-recessionary-real-incomes-in-june https://angrybearblog.com/2026/08/consumers-strong-spending-contrasts-with-recessionary-real-incomes-in-june#respond Sun, 02 Aug 2026 12:35:00 +0000 https://angrybearblog.com/?p=191909  – by New Deal democrat Here is my delayed write-up on yesterday’s report on personal income and spending in June. To cut to the chase, it continues this year’s paradigm of weak income but strong spending, likely fueled by the ‘wealth effect’ from stock market gains among the upper income levels. Let me start by reiterating […]

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]]> https://angrybearblog.com/2026/08/consumers-strong-spending-contrasts-with-recessionary-real-incomes-in-june/feed 0 “Court rejects government request to lift injunction halting Trump’s election Executive Order and USPS” https://angrybearblog.com/2026/08/court-rejects-government-request-to-lift-injunction-halting-trumps-election-executive-order-and-usps https://angrybearblog.com/2026/08/court-rejects-government-request-to-lift-injunction-halting-trumps-election-executive-order-and-usps#respond Sun, 02 Aug 2026 12:00:00 +0000 https://angrybearblog.com/?p=191906 Over the next few days, I am going to catch up with where the nation is with mail-in voting. Herr Tr__p would like to end it. This would force many people to go to voting centers to cast their vote. The intent of the Tr__P administration is to make it difficult to vote. People would […]

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]]> https://angrybearblog.com/2026/08/court-rejects-government-request-to-lift-injunction-halting-trumps-election-executive-order-and-usps/feed 0 A new euphemism for “we lied” https://angrybearblog.com/2026/08/a-new-euphemism-for-we-lied https://angrybearblog.com/2026/08/a-new-euphemism-for-we-lied#comments Sun, 02 Aug 2026 09:07:59 +0000 https://angrybearblog.com/?p=191889 “The Trump administration has dropped its case against a former Olympic canoeist charged in connection with damage to the Reflecting Pool, acknowledging their allegations against David “Davey” Hearn don’t hold water. “In a filing Friday afternoon, a supervisor in the U.S. Attorney’s Office for the District of Columbia, which is headed by Jeanine Pirro, wrote […]

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]]> https://angrybearblog.com/2026/08/a-new-euphemism-for-we-lied/feed 1 New Deal democrat’s Weekly Indicators for July 27 – 31 https://angrybearblog.com/2026/08/new-deal-democrats-weekly-indicators-for-july-27-31 https://angrybearblog.com/2026/08/new-deal-democrats-weekly-indicators-for-july-27-31#respond Sat, 01 Aug 2026 23:48:50 +0000 https://angrybearblog.com/?p=191896 Weekly Indicators: Rising Interest Rates Are Again the Main Attraction. Unsurprisingly, the big move this week was in interest rates, which reacted very poorly to the Fed’s decision to keep rates steady, and especially to new Chairman Warsh’s comments essentially abdicating the Fed’s proactive role to the markets, and also a suggestion that the Board’s […]

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]]> https://angrybearblog.com/2026/08/new-deal-democrats-weekly-indicators-for-july-27-31/feed 0 Q2 GDP: ‘meh’ and good headlines matched by ‘meh’ and good leading indicators for 2027 https://angrybearblog.com/2026/08/q2-gdp-meh-and-good-headlines-matched-by-meh-and-good-leading-indicators-for-2027 https://angrybearblog.com/2026/08/q2-gdp-meh-and-good-headlines-matched-by-meh-and-good-leading-indicators-for-2027#respond Sat, 01 Aug 2026 15:36:22 +0000 https://angrybearblog.com/?p=191890  – by New Deal democrat Note: I will post my long write-up about personal income, spending, and saving tomorrow morning.  As per usual, my focus on the GDP report is less on the topline numbers than on the two leading indicators – real spending on housing and proprietors’ income – contained therein. And to get […]

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]]> https://angrybearblog.com/2026/08/q2-gdp-meh-and-good-headlines-matched-by-meh-and-good-leading-indicators-for-2027/feed 0 drug overdose deaths https://angrybearblog.com/2026/08/drug-overdose-deaths https://angrybearblog.com/2026/08/drug-overdose-deaths#comments Sat, 01 Aug 2026 12:00:00 +0000 https://angrybearblog.com/?p=191739 I am drawing from USAFacts and their current discussion on drug overdoses. I was nosey. In the past I had concentrated on Purdue Pharma and their sales of OxyContin. As stated in an older post, “By itself OxyContin and the availability of it did not cause the drug abuse epidemic. The easy sale of OxyContin, […]

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]]> https://angrybearblog.com/2026/08/drug-overdose-deaths/feed 1 The slippery slope to socialism https://angrybearblog.com/2026/08/the-slippery-slope-to-socialism https://angrybearblog.com/2026/08/the-slippery-slope-to-socialism#respond Sat, 01 Aug 2026 08:32:30 +0000 https://angrybearblog.com/?p=191866 Socialism is when the government owns the means of production. “The Trump administration expanded the government’s investment portfolio this week after six semiconductor companies signed letters of intent to receive government assistance in return for “a minority, non-controlling equity stake.” “These new deals, set to be finalized in the months ahead, would bring the total […]

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]]> https://angrybearblog.com/2026/08/the-slippery-slope-to-socialism/feed 0 Positive Views of China versus the United States https://angrybearblog.com/2026/07/positive-views-of-china-versus-the-united-states https://angrybearblog.com/2026/07/positive-views-of-china-versus-the-united-states#respond Fri, 31 Jul 2026 12:32:00 +0000 https://angrybearblog.com/?p=191694 This is a bit different than my trips to China. I have no doubt views of China have improved without people even going there. Why is such occurring? Our “great” (his word) president has been tripping all over himself in order to appear great in the eyes of other countries and the United States. It […]

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]]> https://angrybearblog.com/2026/07/positive-views-of-china-versus-the-united-states/feed 0 Book Review “From Strength to Strength” https://angrybearblog.com/2026/07/book-review-from-strength-to-strength https://angrybearblog.com/2026/07/book-review-from-strength-to-strength#respond Fri, 31 Jul 2026 12:00:00 +0000 https://angrybearblog.com/?p=191854 – The one-handed economist (site) Daniel Zetland . . . a political-economist from California who now lives in Amsterdam. ~~~~~~~ From Strength to Strength – by Athur Brooks I asked Claude.ai  “what books should I read to prepare for retirement, the second half of life, the End?” and got this title in response. It was a good […]

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]]> https://angrybearblog.com/2026/07/book-review-from-strength-to-strength/feed 0 Quote of the day https://angrybearblog.com/2026/07/quote-of-the-day-21 https://angrybearblog.com/2026/07/quote-of-the-day-21#comments Fri, 31 Jul 2026 09:07:23 +0000 https://angrybearblog.com/?p=191843 If there is a question to ask, then, it is this: Why does Musk get a pass? Why do politicians, journalists and commentators treat his far-right racist radicalism as a sideshow rather than the core of his political, ideological and industrial project, seen in everything from his deep support for Donald Trump in the United […]

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]]> https://angrybearblog.com/2026/07/quote-of-the-day-21/feed 1 Initial claims continue very positive for the economy, near 50+ year lows https://angrybearblog.com/2026/07/initial-claims-continue-very-positive-for-the-economy-near-50-year-lows https://angrybearblog.com/2026/07/initial-claims-continue-very-positive-for-the-economy-near-50-year-lows#respond Thu, 30 Jul 2026 19:50:51 +0000 https://angrybearblog.com/?p=191845  – by New Deal democrat FRED has been very slow about updating either personal income and spending or Q1 GDP data graphs, so while I am waiting let me update with the weekly jobless claims information. To cut to the chase, it continues to be positive, and continues to forecast a further declilne in the unemployment […]

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]]> https://angrybearblog.com/2026/07/initial-claims-continue-very-positive-for-the-economy-near-50-year-lows/feed 0 July 25, 2026 https://angrybearblog.com/2026/07/july-25-2026 https://angrybearblog.com/2026/07/july-25-2026#comments Thu, 30 Jul 2026 12:00:00 +0000 https://angrybearblog.com/?p=191834 When it comes to picking out colors or decorating our home when it rep\quires a new look, I back away from the table. Jan has better taste than I do and knows how to match colors. I stick to the color of my car and whether the interior will be black, Yes it get swarm […]

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]]> https://angrybearblog.com/2026/07/july-25-2026/feed 2 Quote of the day https://angrybearblog.com/2026/07/quote-of-the-day-20 https://angrybearblog.com/2026/07/quote-of-the-day-20#comments Thu, 30 Jul 2026 10:29:18 +0000 https://angrybearblog.com/?p=191839 But we seem to have decided this is just how AI works: the technology is so amazing that it requires this kind of mutual leverage with no floor beneath it. I’m reminded of some old Bugs Bunny or maybe Roadrunner cartoon where Bugs gets to the last rung at the top of his ladder. But […]

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]]> https://angrybearblog.com/2026/07/quote-of-the-day-20/feed 6 Rehabilitating eugenics https://angrybearblog.com/2026/07/rehabilitating-eugenics https://angrybearblog.com/2026/07/rehabilitating-eugenics#comments Thu, 30 Jul 2026 09:21:41 +0000 https://angrybearblog.com/?p=191826 During the height of the COVID pandemic, serious-sounding people were advocating herd immunity as an alternative to vaccination, masking and social distancing. Seriously. Probably the most devastating example of herd immunity in humans was the Black Plague. A third to a half of the human population in Europe (25-50 million) died from plague, but the […]

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]]> https://angrybearblog.com/2026/07/rehabilitating-eugenics/feed 1 “Why Nations Fail,” positing – countries with a strong rule of law and a widespread distribution of benefits succeeded https://angrybearblog.com/2026/07/why-nations-fail-positing-countries-with-a-strong-rule-of-law-and-a-widespread-distribution-of-benefits-succeeded https://angrybearblog.com/2026/07/why-nations-fail-positing-countries-with-a-strong-rule-of-law-and-a-widespread-distribution-of-benefits-succeeded#respond Wed, 29 Jul 2026 20:00:00 +0000 https://angrybearblog.com/?p=191827 “Has America become an “extractive economy”? The ‘tell’ of interest rates and inflation  – by New Deal democrat There is a quote, allegedly from Alexander Frazer Tytler over 200 years ago, but apparently actually originating in 1951 from a conservative columnist in Oklahoma, that “A democracy … can only exist until the majority discovers it can vote […]

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]]> https://angrybearblog.com/2026/07/why-nations-fail-positing-countries-with-a-strong-rule-of-law-and-a-widespread-distribution-of-benefits-succeeded/feed 0 Who Decides Interest Rates? The Fed or the politicians? https://angrybearblog.com/2026/07/who-decides-interest-rates-the-fed-or-the-politicians https://angrybearblog.com/2026/07/who-decides-interest-rates-the-fed-or-the-politicians#comments Wed, 29 Jul 2026 12:35:00 +0000 https://angrybearblog.com/?p=191814 I subscribe to this particular site as it has some excellent commentary about the economy, the nation, the players within the nation and the economy, and the impact of the decisions by the deciders being made economically, politically, and the impacting of the nation. This piece by Claudi Sahm (Stay-At-Home Macro) is relatively long so […]

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]]> https://angrybearblog.com/2026/07/who-decides-interest-rates-the-fed-or-the-politicians/feed 11 About Those Data Centers https://angrybearblog.com/2026/07/about-those-data-centers https://angrybearblog.com/2026/07/about-those-data-centers#respond Wed, 29 Jul 2026 12:00:00 +0000 https://angrybearblog.com/?p=191819 Bad? They are Worse Are AI Data Centers Really THAT Bad? – Robert Reich AI data centers ARE that bad. (They’re even worse.) And AI corporations have huge political power. But here’s the good news: The people are fighting back — and winning. A little over 3 minutes of Robert Reich making his points on […]

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]]> https://angrybearblog.com/2026/07/about-those-data-centers/feed 0 Quote of the day https://angrybearblog.com/2026/07/quote-of-the-day-19 https://angrybearblog.com/2026/07/quote-of-the-day-19#respond Wed, 29 Jul 2026 08:50:26 +0000 https://angrybearblog.com/?p=191791 So what does Trump really have to lose by acquiescing to this reality and walking away? Americans chose this reality when they re-elected Donald Trump. Abdication from the war Trump chose would merely be the ratification of a reality everyone can see, but most nations are trying not to speak aloud. Everyone knows the American […]

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]]> https://angrybearblog.com/2026/07/quote-of-the-day-19/feed 0 Is the disinflation in repeat home sales prices ending? https://angrybearblog.com/2026/07/is-the-disinflation-in-repeat-home-sales-prices-ending https://angrybearblog.com/2026/07/is-the-disinflation-in-repeat-home-sales-prices-ending#respond Tue, 28 Jul 2026 21:19:26 +0000 https://angrybearblog.com/?p=191807  – by New Deal democrat There may be a new, slightly accelerating, trend developing in house prices — or it may just be noise. The former, of course, would not be good news for inflation. In any event, let’s take a look. As per my usual preliminary comment, while existing home sales are about 90% of […]

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]]> https://angrybearblog.com/2026/07/is-the-disinflation-in-repeat-home-sales-prices-ending/feed 0 A communist under every bed https://angrybearblog.com/2026/07/a-communist-under-every-bed https://angrybearblog.com/2026/07/a-communist-under-every-bed#comments Tue, 28 Jul 2026 13:03:07 +0000 https://angrybearblog.com/?p=191787 The current GOP is trying to reanimate the corpse of “Tail Gunner” Joe McCarthy. Trump conflates Democratic Socialism with Communism and believes his base won’t understand the difference.  I’ve known people who grew up in the Soviet Union, mainland China, East Germany and Communist Poland. They all laugh out loud at the idea that there’s […]

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]]> https://angrybearblog.com/2026/07/a-communist-under-every-bed/feed 1 Court Terminates TPS Protection Status What Does this Mean? https://angrybearblog.com/2026/07/court-terminates-tps-protection-status-what-does-this-mean https://angrybearblog.com/2026/07/court-terminates-tps-protection-status-what-does-this-mean#comments Tue, 28 Jul 2026 12:30:00 +0000 https://angrybearblog.com/?p=191783 Briefly: TPS or Temporary Protected Status is government protection as granted by the Secretary of the Department of Homeland Security (DHS) to eligible foreign-born individuals who are unable to return a home country safely due to conditions or circumstances preventing their country from adequately handling the return. Up to 1.2 million individuals have been granted this […]

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]]> https://angrybearblog.com/2026/07/court-terminates-tps-protection-status-what-does-this-mean/feed 4 Somes States are Extending Supplemental ACA Subsidies https://angrybearblog.com/2026/07/somes-states-are-extending-supplemental-aca-subsidies https://angrybearblog.com/2026/07/somes-states-are-extending-supplemental-aca-subsidies#respond Tue, 28 Jul 2026 12:00:00 +0000 https://angrybearblog.com/?p=191643 Colorado is one of those states. This was written July 2026 which is important as it is difficult to keep up with which states have extended ACA coverage or some form of it. I am confident the passage of the bill is accurate. Also the author of the post or article is knowledgeable on the […]

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]]> https://angrybearblog.com/2026/07/somes-states-are-extending-supplemental-aca-subsidies/feed 0 There’s yer socialism https://angrybearblog.com/2026/07/theres-yer-socialism https://angrybearblog.com/2026/07/theres-yer-socialism#comments Tue, 28 Jul 2026 09:35:07 +0000 https://angrybearblog.com/?p=191789 Taxpayer subsidy of American business isn’t new. And although the GOP is bleating about socialism/communism, they’re conspicuously unbothered by flagrant federal subsidies to the means of production. “Amazon and Walmart are two of the largest and most profitable companies in the country — collectively generating $100 billion in profits in 2025 — but many of […]

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]]> https://angrybearblog.com/2026/07/theres-yer-socialism/feed 2 Two cheers for increasing manufacturers’ new orders https://angrybearblog.com/2026/07/two-cheers-for-increasing-manufacturers-new-orders https://angrybearblog.com/2026/07/two-cheers-for-increasing-manufacturers-new-orders#respond Mon, 27 Jul 2026 23:00:00 +0000 https://angrybearblog.com/?p=191764  – by New Deal democrat This is another one of those weeks when most of the important new data is crammed into one day, in this case Q2 GDP, personal income and spending, and jobless claims all will be released on Thursday. Today we did get some further information on manufacturing, and the positive news in […]

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]]> https://angrybearblog.com/2026/07/two-cheers-for-increasing-manufacturers-new-orders/feed 0 Trump Administration endorses Vatican roulette https://angrybearblog.com/2026/07/trump-administration-endorses-vatican-roulette https://angrybearblog.com/2026/07/trump-administration-endorses-vatican-roulette#comments Mon, 27 Jul 2026 16:07:11 +0000 https://angrybearblog.com/?p=191752 “The approach discourages the use of any type of contraception and instead focuses on fertility awareness methods, usually in the context of couples trying to get pregnant without medical intervention such as in vitro fertilization or other treatments. That typically means not using any birth control and instead tracking indicators such as cervical mucus, body […]

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]]> https://angrybearblog.com/2026/07/trump-administration-endorses-vatican-roulette/feed 5 Quote of the day https://angrybearblog.com/2026/07/quote-of-the-day-18 https://angrybearblog.com/2026/07/quote-of-the-day-18#comments Mon, 27 Jul 2026 12:26:07 +0000 https://angrybearblog.com/?p=191750 Effective war diplomacy can get you the best and most creative agreement that the circumstances warrant. But that last part is key. Kickass diplomacy is never going to get the side that won the conflict to agree to a deal in which they lost. But that is essentially what’s being asked of the diplomacy here. […]

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]]> https://angrybearblog.com/2026/07/quote-of-the-day-18/feed 3 Voters are Deciding https://angrybearblog.com/2026/07/voters-are-deciding https://angrybearblog.com/2026/07/voters-are-deciding#respond Mon, 27 Jul 2026 11:45:00 +0000 https://angrybearblog.com/?p=191733 I do not believe this is going to be a blowout election. I do believe there will be a change. People have had enough of Tr__p and Republicans. There has been obvious decreases in public approval and support for President Donald Trump. He had it all when he won the last election. Since then the […]

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]]> https://angrybearblog.com/2026/07/voters-are-deciding/feed 0 The business model of saber rattling https://angrybearblog.com/2026/07/the-business-model-of-saber-rattling https://angrybearblog.com/2026/07/the-business-model-of-saber-rattling#comments Mon, 27 Jul 2026 09:04:03 +0000 https://angrybearblog.com/?p=191713 A couple days ago, Trump promised a devastating escalation of his war of choice in Iran. He threatened to blow up a bridge or power plant for every ship attacked by Iran or their Houthi clients. Hasn’t happened. In fact, Trump has paused attacks on Iran for the past couple of days. “President Trump has […]

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]]> https://angrybearblog.com/2026/07/the-business-model-of-saber-rattling/feed 2 High-Speed Rail (HSR) is in U.S. Transportation Planning and Spending https://angrybearblog.com/2026/07/high-speed-rail-hsr-is-in-u-s-transportation-planning-and-spending https://angrybearblog.com/2026/07/high-speed-rail-hsr-is-in-u-s-transportation-planning-and-spending#comments Sun, 26 Jul 2026 18:30:01 +0000 https://angrybearblog.com/?p=191723 “Moulton Bill Plants a Flag for Major Funding—and Policy Reforms—to Develop U.S. High-Speed Rail” High Speed Rail Alliance The American High-Speed Rail Act of 2026—introduced by Rep. Seth Moulton (D-MA) in May with 52 cosponsors—aims to put high-speed rail (HSR) front and center in U.S. transportation planning and spending. It would authorize a total of […]

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]]> https://angrybearblog.com/2026/07/high-speed-rail-hsr-is-in-u-s-transportation-planning-and-spending/feed 1 Republicans’ gaslighting . . . it will be necessary to cut Social Security benefits https://angrybearblog.com/2026/07/republicans-gaslighting-it-will-be-necessary-to-cut-social-security-benefits https://angrybearblog.com/2026/07/republicans-gaslighting-it-will-be-necessary-to-cut-social-security-benefits#comments Sun, 26 Jul 2026 12:00:00 +0000 https://angrybearblog.com/?p=191705 Maybe not? Paul Krugman discussing Social Security and how it could be saved with a few changes. If you read what Paul Krugman is suggestion as a solution, I believe you will understand what could be done. Also, you will get an understanding of what should not be done and which is having a negative […]

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]]> https://angrybearblog.com/2026/07/republicans-gaslighting-it-will-be-necessary-to-cut-social-security-benefits/feed 4 New Deal democrat’s Weekly Indicators for July 20 – 24 https://angrybearblog.com/2026/07/new-deal-democrats-weekly-indicators-for-july-20-24 https://angrybearblog.com/2026/07/new-deal-democrats-weekly-indicators-for-july-20-24#respond Sun, 26 Jul 2026 10:00:00 +0000 https://angrybearblog.com/?p=191692  My “Weekly Indicators” post is up at Seeking Alpha. With the renewed warmaking in the Middle East, the price of oil and gas shot up, and interest rates across the board as well. It looks increasingly likely that the Fed will have to hike rates to fight inflation soon, maybe as early as next month.

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]]> https://angrybearblog.com/2026/07/new-deal-democrats-weekly-indicators-for-july-20-24/feed 0 Will the real Tucker Carlson please stand up? https://angrybearblog.com/2026/07/will-the-real-tucker-carlson-please-stand-up https://angrybearblog.com/2026/07/will-the-real-tucker-carlson-please-stand-up#comments Sun, 26 Jul 2026 09:04:01 +0000 https://angrybearblog.com/?p=191687 Carlson was pro-Trump before his current pivot to anti-Trump. But he was anti-Trump before he was pro-Trump: “During Wednesday’s episode of the “Straight Shooter” show, Smith questioned why people should believe that Carlson, a once staunch Trump supporter, is actually serious about the breakup. Smith noted some people could just view it as “another pivot” […]

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]]> https://angrybearblog.com/2026/07/will-the-real-tucker-carlson-please-stand-up/feed 1 One Year into the Big Ugly Bill https://angrybearblog.com/2026/07/one-year-in-to-the-big-ugly-bill https://angrybearblog.com/2026/07/one-year-in-to-the-big-ugly-bill#comments Sat, 25 Jul 2026 13:30:00 +0000 https://angrybearblog.com/?p=191270 One Year Later, Trump’s Big Ugly Bill Is Making America Unaffordable, Uninhabitable, and Ugly . . . Brief one with a few words and a bunch of numbers and Links depicting where we are as Tr__P and his merry band of sycophants’ mess with the economy. Not one will step forward and call him out […]

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]]> https://angrybearblog.com/2026/07/one-year-in-to-the-big-ugly-bill/feed 8 “No one is safe” https://angrybearblog.com/2026/07/no-one-is-safe https://angrybearblog.com/2026/07/no-one-is-safe#respond Sat, 25 Jul 2026 12:35:00 +0000 https://angrybearblog.com/?p=191359 I would avoid going to court at all costs. There is always the chance you will lose. In this case, the accused did not have much of a choice. In which case I would hire the best attorney I could. If you are facing jail or prison as the outcome? If you lose, you do […]

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]]> https://angrybearblog.com/2026/07/no-one-is-safe/feed 0 Review: Money: A Story of Humanity https://angrybearblog.com/2026/07/review-money-a-story-of-humanity https://angrybearblog.com/2026/07/review-money-a-story-of-humanity#respond Sat, 25 Jul 2026 12:00:00 +0000 https://angrybearblog.com/?p=191480 I’ve been enjoying David McWilliams’s podcast for a few years now, and I was planning to ignore his 2024 book on the history of money until I didn’t, and I’m glad I read it. Review by The One-Handed Economist, David Zetland. McWilliams (DM) is a story teller, but he’s also a legit academic economist with decades of […]

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]]> https://angrybearblog.com/2026/07/review-money-a-story-of-humanity/feed 0 Quote of the day https://angrybearblog.com/2026/07/quote-of-the-day-17 https://angrybearblog.com/2026/07/quote-of-the-day-17#respond Sat, 25 Jul 2026 08:57:12 +0000 https://angrybearblog.com/?p=191657 But rather than taking advantage of this opportunity to craft an economic alliance that would maximize leverage over China, the Trump administration has gone in the opposite direction. It has levied high tariffs on its own allies, many of which were also pressured into committing to huge investments in the United States. Washington tightened the […]

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]]> https://angrybearblog.com/2026/07/quote-of-the-day-17/feed 0 June new home sales, prices, and inventory are more evidence for a subpar housing equilibrium https://angrybearblog.com/2026/07/june-new-home-sales-prices-and-inventory-are-more-evidence-for-a-subpar-housing-equilibrium https://angrybearblog.com/2026/07/june-new-home-sales-prices-and-inventory-are-more-evidence-for-a-subpar-housing-equilibrium#respond Fri, 24 Jul 2026 16:41:52 +0000 https://angrybearblog.com/?p=191660  – by New Deal democrat In last month’s note on new home sales,  I concluded that “This is all but unique. Historically a recession will not occur until inventory turns down again. But to reiterate, housing has been recessionary for a year, and yet no recession has occurred.” Earlier this month, I described the housing market […]

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]]> https://angrybearblog.com/2026/07/june-new-home-sales-prices-and-inventory-are-more-evidence-for-a-subpar-housing-equilibrium/feed 0 Gasoline Pricing Limiting Citizens https://angrybearblog.com/2026/07/gasoline-pricing-limiting-citizens https://angrybearblog.com/2026/07/gasoline-pricing-limiting-citizens#respond Fri, 24 Jul 2026 12:00:00 +0000 https://angrybearblog.com/?p=191627 Most certainly, gasoline costs at the pump are mostly the result of the nation’s priorities internationally. Did we have to be involved with Iran over the past few months. No. This was our presidential ego getting in the way of the nation and citizen’s needs and priorities. A presidential ego getting in the way of […]

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]]> https://angrybearblog.com/2026/07/gasoline-pricing-limiting-citizens/feed 0 Cybertruck is the new Edsel https://angrybearblog.com/2026/07/cybertruck-is-the-new-edsel https://angrybearblog.com/2026/07/cybertruck-is-the-new-edsel#comments Fri, 24 Jul 2026 09:10:08 +0000 https://angrybearblog.com/?p=191612 I’ve never paid much attention to cars, but the Ford Edsel was already a punchline when I was a kid. I don’t know if I ever saw one, but any reference to it seemed to be accompanied by a smirk. “The Edsel is one of the greatest and most infamous flops in automotive history, but […]

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]]> https://angrybearblog.com/2026/07/cybertruck-is-the-new-edsel/feed 5 The “no fire” economy sets a new, 55+ year record low https://angrybearblog.com/2026/07/the-no-fire-economy-sets-a-new-55-year-record-low https://angrybearblog.com/2026/07/the-no-fire-economy-sets-a-new-55-year-record-low#respond Thu, 23 Jul 2026 17:32:31 +0000 https://angrybearblog.com/?p=191624  – by New Deal democrat [Administrative note: yesterday’s problem, in which the platform would not allow me add a new post, seems to have spontaneously resolved, although “officially” the blog metrics show “0 posts” in all its history, Cross your fingers that this issue has gone away permanently.] I discussed the stock market’s very positive performance earlier […]

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]]> https://angrybearblog.com/2026/07/the-no-fire-economy-sets-a-new-55-year-record-low/feed 0 The employment effects of ICE enforcement in US cities https://angrybearblog.com/2026/07/the-employment-effects-of-ice-enforcement-in-us-cities https://angrybearblog.com/2026/07/the-employment-effects-of-ice-enforcement-in-us-cities#respond Thu, 23 Jul 2026 12:35:00 +0000 https://angrybearblog.com/?p=191602 Findings of the Republican and President Tr__p attack on labor and foreign Labor in surge and non-surge communities. If you scroll down on the Brooking’s article you will find figures 3 & 4 as mentioned in the footnotes in section “The enforcement surge cost 668,000 jobs” below. “Shock, awe, and economic fallout” | Brookings Brookings: […]

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]]> https://angrybearblog.com/2026/07/the-employment-effects-of-ice-enforcement-in-us-cities/feed 0 Expanded Warren Take on Taxes and Why https://angrybearblog.com/2026/07/expanded-warren-take-on-taxes-and-why https://angrybearblog.com/2026/07/expanded-warren-take-on-taxes-and-why#respond Thu, 23 Jul 2026 12:00:00 +0000 https://angrybearblog.com/?p=191505 I added some more charts and some wording to give the original piece greater depth The Big Corporations That Avoided All Federal Income Taxes: ITEP published a list of 88 profitable corporations that reported paying zero federal income taxes on their 2025 U.S. income, in no small part due to the corporate tax cuts pushed through […]

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]]> https://angrybearblog.com/2026/07/expanded-warren-take-on-taxes-and-why/feed 0 Musk fail or buying opportunity? https://angrybearblog.com/2026/07/musk-fail-or-buying-opportunity https://angrybearblog.com/2026/07/musk-fail-or-buying-opportunity#comments Thu, 23 Jul 2026 10:15:20 +0000 https://angrybearblog.com/?p=191579 Or both?

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]]> https://angrybearblog.com/2026/07/musk-fail-or-buying-opportunity/feed 4 Newer Student Loan Repayment Plan https://angrybearblog.com/2026/07/newer-student-loan-repayment-plan Wed, 22 Jul 2026 12:35:00 +0000 https://angrybearblog.com/?p=191564 My three had student loans. To help them get rid of them, I pitched in too. I knew it would take them too long to pay them off. I never told them I would help. All I told them was: decide where you want to go, what you want to major in, and get through […]

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]]> Increasing Healthcare Insurance Costs and Lost Healthcare https://angrybearblog.com/2026/07/increasing-healthcare-insurance-costs-and-lost-healthcare Wed, 22 Jul 2026 12:00:00 +0000 https://angrybearblog.com/?p=191549 Charles Gaba @ his Blog of the same name has a commentary up detailing the loss of Healthcare Insurance due to the Tr__p administration with the support of Congress. . . . In case you have forhottens? The subsidies supporting ACA healthcare was cancelled this last year. I do not know whether Charles Gaba will […]

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]]> Israel’s proxy war https://angrybearblog.com/2026/07/israels-proxy-war https://angrybearblog.com/2026/07/israels-proxy-war#comments Wed, 22 Jul 2026 09:21:54 +0000 https://angrybearblog.com/?p=191543 During the Cold War, the US and Soviet Union supported proxy wars in which their client states did the dirty work. Of course, the USSR is no more, but proxy wars continue. While the current war in Iran began with joint strikes by the US and Israel, Israel now acknowledges that the US is its […]

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]]> https://angrybearblog.com/2026/07/israels-proxy-war/feed 6 Regional Fed reports indicate elevated inflation is likely to continue https://angrybearblog.com/2026/07/regional-fed-reports-indicate-elevated-inflation-is-likely-to-continue Wed, 22 Jul 2026 03:37:21 +0000 https://angrybearblog.com/?p=191572  – by New Deal democrat In It appears that both producer and consumer inflation are going to continue at elevated levels, despite the actual *de*flation in June. Here’s a look at the average of the New York and Philadelphia Fed’s prices paid (blue) and prices received (orange) diffusion manufacturing indexes:  In July, the average for prices […]

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]]> Trump, expertise, the Iran war, and the unitary executive https://angrybearblog.com/2026/07/trump-expertise-the-iran-war-and-the-unitary-executive https://angrybearblog.com/2026/07/trump-expertise-the-iran-war-and-the-unitary-executive#comments Tue, 21 Jul 2026 14:54:27 +0000 https://angrybearblog.com/?p=191544 Trump’s inability to evaluate expert advice and incorporate it into his thinking will undoubtedly play a large role when histories of the Iran war are written. Trump evidently ignored warnings from experts within the government that Iran would respond to an attack by closing the Strait of Hormuz. Once the Strait was closed, Trump had […]

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]]> https://angrybearblog.com/2026/07/trump-expertise-the-iran-war-and-the-unitary-executive/feed 7 Quote of the day https://angrybearblog.com/2026/07/quote-of-the-day-16 https://angrybearblog.com/2026/07/quote-of-the-day-16#comments Tue, 21 Jul 2026 13:41:00 +0000 https://angrybearblog.com/?p=191509 There are instructive parallels between the Trump administration’s trade war with China in the first year of this term and the Iran war that is consuming its second year. In both instances, the administration grossly underestimated its rival’s resilience and capacity to retaliate, then escalated quickly and sharply before learning that the other side controlled […]

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]]> https://angrybearblog.com/2026/07/quote-of-the-day-16/feed 2 Trump and expertise https://angrybearblog.com/2026/07/trump-and-expertise https://angrybearblog.com/2026/07/trump-and-expertise#comments Tue, 21 Jul 2026 12:15:35 +0000 https://angrybearblog.com/?p=191539 Thomas Edsall (gift link): I asked political and presidential scholars how they think Trump’s mind works. Most pointed to his seemingly exclusive reliance on his own judgment while rejecting expert advice. “Many presidents have made mistakes, but none have made mistakes so cavalierly as President Trump,” Michael Bailey, a political scientist at Georgetown University, wrote by […]

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]]> https://angrybearblog.com/2026/07/trump-and-expertise/feed 7 How much has Gasoline Prices Increased and Why. Explained in a Simple Manner . . . https://angrybearblog.com/2026/07/how-much-has-gasoline-prices-increased-and-why-explained-in-a-simple-manner https://angrybearblog.com/2026/07/how-much-has-gasoline-prices-increased-and-why-explained-in-a-simple-manner#comments Tue, 21 Jul 2026 12:00:00 +0000 https://angrybearblog.com/?p=191516 Mostly informational . . . I subscribe to the New York Times. I do have access to some rather unique articles (in the NYT) such as this one which gives prices per gallon of gasoline by state. The data for the map was obtained from AAA by the New York Times, Map: How Much Have […]

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]]> https://angrybearblog.com/2026/07/how-much-has-gasoline-prices-increased-and-why-explained-in-a-simple-manner/feed 2 Manufacturing Sector https://angrybearblog.com/2026/07/manufacturing-sector Mon, 20 Jul 2026 14:30:38 +0000 https://angrybearblog.com/?p=191512  The manufacturing sector of the economy continued to improve in June – by New Deal democrat There’s a brief hiatus from new data early this week, so let me briefly look at the manufacturing economy, for which industrial production was reported on Friday. To briefly recap my overall position: despite the chaos coming out of […]

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]]> President Photobomber https://angrybearblog.com/2026/07/president-photobomber Mon, 20 Jul 2026 12:35:00 +0000 https://angrybearblog.com/?p=191485 Robert Reich – “He Can’t Resist“ Here’s you-know-who trying, as ever, to be the center of attention today. This picture was supposed to be about celebrating those who deserved it. Congratulations, Spain — along with apologies for our Malignant Narcissist-in-Chief. Embarrassing for America. He doesn’t know any better . . . It almost appears to […]

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]]> Congressional Republicans are shrinking ACA enrollment in nearly every state https://angrybearblog.com/2026/07/congressional-republicans-are-shrinking-aca-enrollment-in-nearly-every-state Mon, 20 Jul 2026 12:00:00 +0000 https://angrybearblog.com/?p=191474 What Charles Gaba is showing the impact of the legislation passed by Congress eliminating ACA subsidies. This largely has an impact on ACA enrollment this year. I am displaying partial of Charles’ Post on his site ACA Signups. Charles is using the CMS database to show ACA enrollment before and after the Republican controlled Congress […]

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]]> Trump’s silly post on Canadian wildfires https://angrybearblog.com/2026/07/trumps-silly-post-on-canadian-wildfires https://angrybearblog.com/2026/07/trumps-silly-post-on-canadian-wildfires#comments Mon, 20 Jul 2026 09:21:56 +0000 https://angrybearblog.com/?p=191472 “We are holding Canada responsible for the fact that they are not properly maintaining their Forests, and Brush therein, and the United States is being unnecessarily invaded by filthy, polluted, and unhealthy air, the quality of which is dangerous, and totally unacceptable!” Trump wrote on his social media platform, saying he would call Canadian Prime […]

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]]> https://angrybearblog.com/2026/07/trumps-silly-post-on-canadian-wildfires/feed 9 New Deal democrats Weekly Indicators July 13 -July 17 https://angrybearblog.com/2026/07/new-deal-democrats-weekly-indicators-july-13-july-17 Mon, 20 Jul 2026 04:11:42 +0000 https://angrybearblog.com/?p=191501 Weekly Indicators: All Timeframes Positive Despite Increase in Oil Prices Despite oil prices heading back north of $80/barrel this past week, the underlying fundamentals in all time frames remain positive, including most importantly consumer spending. As usual, clicking over and reading will bring you up to the virtual moment as to the state of the […]

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]]> Court blocks USPS from implementing Trump’s anti-mail voting order https://angrybearblog.com/2026/07/court-blocks-usps-from-implementing-trumps-anti-mail-voting-order Sun, 19 Jul 2026 12:35:00 +0000 https://angrybearblog.com/?p=191323 This post can be found on Steve Hutkins’ Save The Post Office. He is featuring a commentary taken from the Democracy Docket as linked to in the first paragraph. As is typical, this commentary is all about Pres. Donald Tr__p who is trying his hardest to block the upcoming election or impede it in whatever […]

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]]> USDA Program for Affordable Housing . . . https://angrybearblog.com/2026/07/usda-program-for-affordable-housing Sun, 19 Jul 2026 12:00:00 +0000 https://angrybearblog.com/?p=191369 What Brian is touching upon is the end of a government program providing loans in rural areas for housing. To be specific, the object was providing below-market-rate loans to private and nonprofit developers who build and manage residential housing for low-income residents in small towns and rural counties. It also kept the rent to 30% […]

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]]> Wealth taxes in America https://angrybearblog.com/2026/07/wealth-taxes-in-america https://angrybearblog.com/2026/07/wealth-taxes-in-america#comments Sun, 19 Jul 2026 09:06:35 +0000 https://angrybearblog.com/?p=191458 I’ve been reading and thinking about the idea of wealth taxes. In principle, it’s an idea I could support. Too much wealth is controlled by too few in America today. The chief argument I see made against wealth taxes is that they’re impractical. In a literal sense, this is easily falsified. We already have some […]

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]]> https://angrybearblog.com/2026/07/wealth-taxes-in-america/feed 13 Cutting back on Discretionary Spending where people can make Cutbacks if they are Squeezed https://angrybearblog.com/2026/07/cutting-back-on-discretionary-spending-where-people-can-make-cutbacks-if-they-are-squeezed https://angrybearblog.com/2026/07/cutting-back-on-discretionary-spending-where-people-can-make-cutbacks-if-they-are-squeezed#comments Sat, 18 Jul 2026 12:30:00 +0000 https://angrybearblog.com/?p=191450 Dean Baker on Fast Food and the cuts to it when the economy is slow. The Fast-Food Spending Index is Falling Fast For the last several years I’ve been using real spending at fast food restaurants as a gage for assessing how the non-rich are feeling about their personal finances. The logic is that it […]

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]]> https://angrybearblog.com/2026/07/cutting-back-on-discretionary-spending-where-people-can-make-cutbacks-if-they-are-squeezed/feed 5