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Relevant and even prescient commentary on news, politics and the economy.

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No, Christianity is not under attack in the US

Published: April 27, 2025 16:25

“On Tuesday, Attorney General Pam Bondi hosted an inaugural meeting of a task force consisting of other members of President Donald Trump’s cabinet, to discuss its mission to eradicate alleged “anti-Christian bias” within the federal government.” LOL! This…

Sunday Reads

Published: April 27, 2025 15:53

Just some articles I get in my email. Maybe a good read for Angry Bear commenters too! – “Trump’s Fed Attacks, Trade War Push World to Sell Off US Assets,” Bloomberg – “What Happens When There Are No Deals?” Paul Krugman – “David Brooks: I Should Have Seen…

Trump’s canal fixation

Published: April 27, 2025 13:17

“Donald Trump has demanded free transit for American commercial and military ships through the Panama and Suez canals, tasking his secretary of state with making progress “immediately”. “Trump has for months been calling for the United States to take…

Alien Enemies Act has triggered memories

Published: April 27, 2025 12:00

Relocation Officer William Husso checks departure list at the Gila River Relocation Center in Rivers, Arizona, on Sept. 15, 1945, as evacuees returned to their former homes in California. (War Relocation Authority photo from the National Archives)…

March existing home sales continued the slow process of rebalancing in the housing market

Published: April 27, 2025 11:30

– by New Deal democrat Existing home sales are not that important for forecasting purposes, since they have much less economic impact than new home sales, because the main effect is simply a change in ownership. But there has been an ongoing shortage of…

The Costs Incurred from the Government’s Attack on Universities

Published: April 27, 2025 11:00

“The Atlantic” is my traveling partner. When I was gone for days or weeks at a time, I would read it on the planes or in my room after dinner. I would also have a book with me by Catton, Russo (Nobody’s Fool), or Crichton. This article in the Atlantic was…

New Deal democrats Weekly Indicators for April 21-25

Published: April 26, 2025 18:01

– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Another important indicator – corporate profits – tipped into negative territory this week, as Q1 profits look to be substantially below those of Q4 of last year. On the other hand,…

Biden Derangement Syndrome continues

Published: April 26, 2025 12:36

The Trump USDA is defending your right to die from Salmonella poisoning. “The United States Department of Agriculture is withdrawing a rule proposed in August to help prevent food poisoning from poultry contaminated with salmonella. “The Biden…

Hard Work and the American Dream

Published: April 26, 2025 12:00

“The American dream” is a century-old phrase used to describe the idea anyone can achieve success in the United States through hard work and determination. Today, about half of Americans (53%) say that dream is still possible.  Another 41% say the American…

Jobless claims remain well behaved

Published: April 26, 2025 11:30

– by New Deal democrat Jobless claims remained well behaved last week, as they increased 6,000 to 222,000. The four week moving average declined -750 to 220,250. With the typical one-week delay, continuing claims declined -37,000 to 1.841 million, at the…

A Win for Louisiana Wetlands

Published: April 26, 2025 11:00

“It’s a huge victory not only for the parish but for the coast of Louisiana. It’s huge because we finally can hold responsible (a) party who destroyed this coast, knowing that they could do better,” said trial lawyer John Carmouche. He spearheaded the…

More front-running in March, for durable goods orders; but more manufacturing contraction in April

Published: April 25, 2025 17:37

– by New Deal democrat This morning we got more hard data on manufacturing, one from March, one for this month. In March new durable goods orders (blue in the graph below) soared higher by 9.2% to an all-time high. This was all about front-running…

And the Trump backpedaling continues

Published: April 25, 2025 17:14

Add this to the list of Trump Administration retreats that I posted earlier today: “The Trump administration has restored the student visa registrations of thousands of foreign students studying in the United States who had minor — and often dismissed —…

“Small is Beautiful”

Published: April 25, 2025 17:13

Daniel Zetland The one-handed economist Book Review: “Small is Beautiful” E.F. (Ernst Friedrich) Schumacher published Small Is Beautiful: A Study of Economics As If People Mattered in 1973. I read the book years ago [Whoops! Here’s my 2009 review, which is…

Trying to follow the measles anti-vaxxer arguments

Published: April 25, 2025 13:33

Apparently, the latest conspiracy theory is that the measles epidemic in Texas was a bioweapon attack: ““I’m not going to be careful by calling it a virus,” Willis said in the measles webinar. “I’m going to call it what it is, and that is a bioweapon, and…

Trump Administration appears to be backing down

Published: April 25, 2025 12:57

On Harvard: “The White House (yes, technically the GSA guy and the two lawyers) sent that letter to Harvard, demanding de facto control of the university’s hiring, admissions and various elements of its curriculum. Harvard replied with a flat rejection ten…

Ending the Vote

Published: April 25, 2025 12:00

The Executive Order to End Voting – Joyce Vance Civil Discourse Apparently, Trump wasn’t kidding when he told people 2024 was the last election they’d ever have to vote in if he won. On March 25, 2025, he issued an executive order = “PRESERVING AND…

Independence of the Fed

Published: April 25, 2025 11:30

Claudia Sahm documenting the personal attack by Trump on Fed Chair Powell and his actions concerning the economy. Typical modus operandi by Trump to critique the person’s intellect and capability . . . “A crash course in Fed independence,” Claudia Sahm…

As the World Turns with Trump in Charge

Published: April 25, 2025 11:00

A brief 🙂 rundown on how Trump is blowing the economy up and taking us with him. For someone who wants to be in charge, he is most certainly absent. He is not taking control and giving direction to his sycophants who are floundering in different…

Abduction of Kilmar Abrego Garcia Is Not About Politics

Published: April 24, 2025 21:50

The Abduction of Kilmar Abrego Garcia Is Not About Politics, Washington Monthly Pragmatism is a worthy principle in politics. If parties can’t win elections, they can’t shape policy. To win elections, parties need to build coalitions of base voters plus…

Cutting Trade with China and Asia

Published: April 24, 2025 16:29

What it means if you cut trade with China and Asia. Shipments start to decrease once the announcement is made. The impact is shown in Paul Krugman’s bar chart. I added the numbers in the second chart. Containers also come out of other countries. Keep in…

Avoiding Medicaid Cuts

Published: April 24, 2025 11:00

The House Republicans’ budget resolution is now available. In it, they are proposing a cut of ~$800 billion. Almost all of the $800 billion 10-year spending cut target for the Energy and Commerce Committee would come out of Medicaid by choice. (God forbid…

Beginning of an exodus?

Published: April 24, 2025 09:26

The training for an independent research career in the biomedical sciences entails a significant opportunity cost. It takes an average of about seven years from the bachelors degree to get the PhD, and then there are 2-5 years of postdoctoral training.…

Business Conditions in April 2025? The worst since July 2022

Published: April 23, 2025 15:56

Regional Feds so far on general business conditions in April: the worst since July 2022  â€“ by New Deal democrat Three of the five regional Feds that report on their region’s state of the economy have now reported for April. With one exception in the data,…

Weapons of mass stupidity

Published: April 23, 2025 15:34

mRNA vaccines have proven to overwhelmingly successful in blunting the COVID-19 pandemic. They are also as safe or safer than any other vaccine. So what’s up with a small group of Republicans (yes, they’re all Republicans) in the Minnesota legislature who…

“But you have to ask: What is the problem that’s being solved?”

Published: April 23, 2025 12:06

AB: Just more Trump holding universities hostage till they submit, allowing security breaches, threatening people, and crashing the economy. Professor Heather reports . . . April 21, 2025, “Letters from an American“ Yesterday, on Easter Sunday, Pope…

Whether a publication is “partisan” when it comes to “various scientific debates”

Published: April 23, 2025 11:30

I have various subscriptions to medical mags. Not that I am a doctor or even a doctorate. I did work for medical supply/pharmaceutical companies and became familiar with various supplies. Some were even used on myself. I found this article to be rather…

Efficiency for thee but not for me

Published: April 23, 2025 09:53

Elon Musk, as czar of DOGE, has been making deep cuts in federal programs that serve civilians. But what about that budgetary elephant in the room, the military. There must surely be waste, fraud and abuse in military spending that Musk’s tech bros can…

Some Morning Krugman, Trumpian Influence on the Economy

Published: April 22, 2025 15:53

I wish we could get someone or some group to get Trump to stop talking, bullying, and just be a good little president. In that manner we could have a few good years without the threats and the drama. Stop! In the Name of Trump! – Paul Krugman A sudden…

Rule of Law

Published: April 22, 2025 12:00

AB: “explaining why presidents shouldn’t exceed their constitutional powers and why courts and Congress should act expeditiously to hold them accountable when they do.” Joyce in this piece is explaining Why “The Rule of Law” and an Independent Judiciary is…

Migros plans first Swiss 24/7 supermarket

Published: April 22, 2025 11:30

Migros plans first Swiss 24/7 supermarket – SWI swissinfo.ch Innovation in Switzerland and kind of a big deal. I wonder how they will handle not having workers present? What is Migros? Migros is Switzerland’s largest retail company and Supermarket Chain.…

Knee – Jerk Reactions Have Consequences

Published: April 22, 2025 11:00

Increasing tariffs can cause uncompetitive US suppliers. First, I do not know the exact composition of the ABS material. The point being made here is there are no domestic sourcing alternatives with the capacity to supply Genova Pipe and four other…

Lech Wałęsa Letter to President Trump

Published: April 21, 2025 21:08

As taken from Facebook. I have not seen anything that says this letter is false. If you know differently, lets hear about it. I will post a better source once I find one. If this is real, it is about time others start to call out President Trump for his…

Will this be the week the hard data turns down?

Published: April 21, 2025 17:56

– by New Deal democrat Typically this is a week where I pay the most attention to incoming housing data in the form of both new and existing home sales, but because we live in “interesting times,” this week it’s different. The Sword of Damocles hanging…

Trump in bondage

Published: April 21, 2025 15:24

– by Infidel753 A consensus is emerging that the biggest reason for Trump’s climb-down on tariffs last week was the reaction of the bond market.  We haven’t heard the last of this issue. For those who are not familiar with the bond market, here is how it…

Afraid to Speak out . . .

Published: April 21, 2025 11:59

When a Senator is afraid to speak out on our behalf, who do we turn to then to push back? “We are all afraid,” Murkowski said, taking a long pause. “It’s quite a statement. But we are in a time and a place where I certainly have not been here before. And…

Treating Others to Soon After Their Measles Outbreak

Published: April 21, 2025 11:30

Timing is of the essence here. When did his Measles outbreak begin and end. Apparently, the doctor was feeling good a day after his outbreak and went in to treat others. He still had the rash. Measles is most contagious for about four days before and four…

Happy Easter “Bears”

Published: April 20, 2025 19:54

Enjoyed your company and commentary in 2025. Be Safe and enjoy family and friends today. The post Happy Easter “Bears” appeared first on Angry Bear.