“ACA Signups” (updated) A review of the amount of premium increases Michigan residents can expect when the ACA subsidy increases are removed EOY 2025. Temporary ACA subsidies were passed as part of the American Rescue Plan Act (ARPA) in 2021. It included two years of enhanced subsidies (2021 and 2022). The Inflation Reduction Act (IRA), […]

The post How much more will ~556,000 Michigan residents pay if the improved #ACA subsidies expire? appeared first on Angry Bear.

“Intel and Trump Administration Reach Historic Agreement to Accelerate American Technology and Manufacturing Leadership,” Intel Newsroom SANTA CLARA, Calif.– Intel Corporation today announced an agreement with the Trump Administration to support the continued expansion of American technology and manufacturing leadership. Under terms of the agreement, the United States government will make an $8.9 billion investment […]

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 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. There were no big changes this week, but what continues to stick out in the data as far as I am concerned is just how strong consumer spending continues to be: weekly retail spending was up nearly 6% YoY, and restaurant reservations – […]

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Weathering Q1 Storms and Looking to the Horizon One always wonder how these mega hardware stores are doing in a not-so-great economy. I suspect the tariffs will impact some of the products. If anything, the on and off tariffs, 10% one day and 20% a week later must throw their planning off. Pay less and […]

The post Lowe’s and The Home Depot . . . appeared first on Angry Bear.

Confronting the Cost-of-Living Crisis – Roosevelt Institute Perhaps, you remember during the pandemic the pricing of food did increase as businesses did slow down. I do not recall much missing from the food shelves either. There were small changes in packaging which did impact pricing in that you paid the same amount for less. The […]

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  – by New Deal democrat The housing market, for all of its economic importance, tends to move as slow as molasses. This is especially true as to prices, where sellers are loathe to realize a loss, even when compared to hypothetical gains they could have had by selling earlier. The pandemic, of course, through […]

The post The rebalancing of the housing market continues, as existing home price increases have halted, and inventory finally exceeds 2020 levels appeared first on Angry Bear.

The one-handed economist I don’t know when this trend started, but it’s now with tiresome regularity that I hear students and adults (adults!) blame capitalism for many sins: poverty, environmental destruction, corrupt politics, the housing “crisis”, failing health/educational systems, and so on. Do the sins of one capitalist company condemn the whole system? Condemn all […]

The post Don’t blame capitalism! appeared first on Angry Bear.

This commentary by Steve Hutkins outlines the plan Louis Dejoy put in place as the US Postmaster General. I am not too sure where the plan is at in actions at this time. If you are experiencing slower mail delivery, then it has been implemented in your area. Citified areas are less likely to experience […]

The post If you Have Not Experienced it yet? Expect Slower Mail Delivery appeared first on Angry Bear.

“John Deere Maintains Profits and Shareholder Value by Whacking Labor,” Angry Bear August 13, 2024 and Kevin Baskins at the Des Moines Register reports on the Deere & Company layoffs across the state of Iowa. Layoffs happen when the economy turns down, companies make mistakes, or when a new competitor hits the market. Just about anything can […]

The post Tr__p Tariffs, Manufacturing, and Labor – Farm Equipment appeared first on Angry Bear.

AB: This is an excellent NDd recital on a not so good jobless claim report. Employment is not improving and as NDd states it appears to be remaining the same. The tariff game Tr__p is playing is not helping the economy and is just another burden in cost which we will all pay. This is […]

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Just read that Rhode Island public radio and public broadcasting will have to downsize, but are far from out of business. That looks to be the case for many blue states and blue cities in red states. You know who will be hurt? Trump voters in rural parts of red states. And not because they […]

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Mildly (temperament) rewritten CNN piece on the Affordable Care Act and how Republicans are changing it instead of repealing it. Republicans are claiming increased fraud. No so much with the recipients using the ACA but with the various brokers selling the plans. I am not sure how taking healthcare away from people has a positive […]

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Federal Reserve officials believe risk of inflation outpaced labor concerns, Minutes Since Tr__p has been fumbling around with tariffs July 2025: Majority of Federal Reserve officials believe the risk of higher inflation outpaces concerns about the state of the labor market. This is according to the latest minutes released by the central bank. Inflation and the health […]

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For decades, the American right has prophesized (a) the takeover of America by socialism/communism and (b) hyperinflation due to US debt. Neither has happened yet. America is as firmly as ever in the grip of plutocratic capitalist oligarchs, and while the GOP-fueled national debt is skyrocketing at their behest, US treasuries are still selling. So […]

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 – by New Deal democrat Let’s take a look at the “real” purchasing power of average working and middle class Americans. The July jobs report showed that average hourly earnings for nonsupervisory workers rose a little under 0.3% (blue in the graph below). Consumer inflation (red) rose 0.2%, so “real” average hourly earnings rose 0.1%. […]

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Civil Discourse It’s one of those days with so much going on that it was clear to me early in the day I needed to do a standalone post on the topic of Trump’s most recent attack on our elections to give that topic the focus it deserves. I hope you’ll share this post with […]

The post Trump’s “Truth” About Voting appeared first on Angry Bear.

I believe I would wait a few years more (after being declared safe) before swimming in the Chicago River. If you grew up in Chicago like I did, you would know the river was in bad shape from all the stuff being dumped into it and street run off. The redeeming qualities of the area […]

The post Something, I Probably Would Not Do – Chicago appeared first on Angry Bear.

A nation and a presidency in trouble. All of this due to people being afraid of electing an intelligent woman to the presidency? So, they voted for Tr__p, a person who was definitely showing signs of dementia then and is moreso now. I believe know we are in trouble. Prof. Heather has a good take […]

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 – by New Deal democrat The post pandemic period has been an exception to many past relationships. This morning’s data on housing construction raises the issue as to whether housing is going to be included in those exceptions as well. That’s because the data has been classically recessionary for a number of months, and yet the […]

The post Housing remains recessionary. Why hasn’t one happened yet? appeared first on Angry Bear.

Since the secretary of HHS is a vaccine denialist who cannot be trusted, the American Academy of Pediatrics has this week published its own authoritative, comprehensive, science-based vaccine schedule for children and adolescents from birth to age 18. The link provides: – the schedule for routine immunizations from birth to 18 years of age; – […]

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