Angry Bear

Rural Hospitals at Risk of Closing

When you think of a community, often times we think of a town or a part of a city as being a community. So, when the hospital closes there is always another one nearby. Think a little larger and expand this to a county or a region. The travel become longer and more time consuming […]

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Book Review by the One Handed Economist

“Institutions, Institutional Change and Economic Performance” – by Douglass C. North The one-handed economist Douglass North develops an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time. Institutions exist, he argues, due to the uncertainties involved in human interaction; […]

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Some Explanation for the Deficits – Quit Cutting Taxes

It is not spending causing the issues as the young Trump claims. It is the tax cuts which have imbalanced credits to debits causing the deficits. What Republican’s promised would happen, failed to happen. The tax cuts did not stimulate the economy enough to balance out spending to receipts. Since the tax cuts failed to […]

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People and Their Toy Trucks

I believe just about every child growing up had their vroom toys. Many of them were made of metal and took the shape of pickup trucks early on. Many of us grew up watching some of the old shows such as Jeff’s Collie and Lassie. There always seemed to be a farm and there was […]

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End of the road for Sesame Street?

When I was in the target demographic, Sesame Street didn’t exist. I did watch Captain Kangaroo a few times, but that’s not the same thing. My daughter did watch Sesame Street, along with Reading Rainbow and other PBS kids shows when she was stuck at home with me because of illness. I certainly have a […]

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Ancient Aqueduct Being Used Again for Supplying Water

The revival of an old Roman method of supplying water (non potable) for use in other needs besides drinking or cooking. The aqueduct still works and Greece is putting the old supply line to good use after hundred of years. Hadrian’s Aqueduct supplied water to Greece’s capital for centuries but was then largely abandoned. It’s […]

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The Child Interrupts the Adults Again

His malignant narcissism and grandiosity rival Trump’s, but at least Trump was elected. The Muskrat’s political ambitions keep growing Friends, Sorry to intrude on your day for a second time, but I wanted to bring you up to date about the Muskrat. Having blown up the bipartisan compromise bill to keep the government open and […]

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Latest Respiratory Healthcare Issues Impacting the US before Christmas

r. j. sigmund sent Angry Bear a recent US healthcare updated report on what is impacting the US before Christmas. Good idea to take precautions and be aware of occurrences. Something to keep in mind while traveling for Christmas. Take precautions. Illnesses caused by respiratory viruses increase in US  Ahead of the Christmas holiday week, […]

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An unpromising start

In addition to being denied his debt ceiling extension, Trump was also repudiated when his daughter-in-law “withdrew” from consideration as Senator from Florida. Trump was pushing Lara Trump to fill the seat that will be vacated when Marco Rubio is approved as Secretary of State. Lara Trump’s appointment was intended as Trump domination: domination of […]

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What Was Passed by Congress Favors One Person Over the United States

It appears Elon is more concerned about his profits than the security of the nation as a whole. This is much like his sponsor Donald who also likes to line his pockets too and at the expense of others. Elon blew up the original bill because it might have limited his ability his ability to […]

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The highest earners have amassed a growing share of total wages

Congress continues to trash Social Security without adding the “very” necessary requirement of greater inputs to support what was already there and now adding a new funding requirement. Democrats have passed on providing a solution to Social Security shortfall which appears to be increasing with new withdrawals. Not that one always has to have a […]

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Why does Louisiana hate America?

This is just absurd. “As first reported by NPR, the state health department informed its employees that they were not allowed to promote COVID, influenza, or mpox vaccines. The directive, which department officials said they would not put into writing, related to all aspects of public health employees’ jobs: employees could not send out press […]

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HHS Announces Cost Savings for 64 Prescription Drugs

So much accomplished with 64 Prescription Drugs by the Biden Administration. So much potential for dismantling these accomplishments by the incoming Trump administration. More discounted drugs. Also, a plan to counter increasing prices increasing faster than inflation. Companies will pay back to Medicare the additional costs. HHS Announces Cost Savings for 64 Prescription Drugs Thanks […]

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New Deal democrats “Weekly Indicators” for December 16 – 20

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The yield curve is now almost entirely un-inverted, but in part because longer term interest rates have risen (not such a good thing). Meanwhile a variety of short leading indicators stepped on rakes this week, which may be noise, or may be […]

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Social Security Fairness Act

Congress passed the Social Security Fairness Act of 2023 early this morning.  None of the articles I read did a good job of describing the purpose of the provisions which were repealed, so you cannot judge whether this was a good or bad choice by Congress. I think it was a mistake because it increases […]

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“an unelected billionaire from South Africa was able to intimidate Republican legislators”

Here, some political reading. A South African exercises control and Trump is silent? Isn’t it time for some type of pushback? The population was nervous about Biden, refused to vote for a minority woman of a different color, and millions did not vote in 2020. This has little difference than 2016 when the Mickey Mouse […]

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Dollar stores, a bellwether spending store, starting to see signs of belt-tightening

Dollar Stores Are Flashing a Warning Sign About Lower-Income Consumers. WSJ, Jinjoo Lee. Belt tightening from Customers at Dollar stores. Inflation has eased, wage growth has been decent and Americans on average still have more in savings than they used to pre-pandemic. Some might even say the economy has reached a much-vaunted “soft landing.” Low-income consumers, […]

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Why Should the 2017 Tax Cuts and Jobs Act be Trashed

Cap20 gave this explanation April 2024. Angry Bear posted it July 2024. Here we are in December 10, 2024. Years later and the bill has yet to pay for itself. The bill will be repealed unless Congress acts as It was passed under the Reconciliation rule. Has Congress lost integrity from its failure? Republicans do […]

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Upward Revision to GDP and a rise in Home Sales Plus a Positive Outlook for Future Growth

Brief Review of the Economy: Press Release: US Leading Indicators. LEI for the US Increased in November CEI also Improving. LEI Three positive occurrences, today December 20, 2024.  Future economic activity increased 0.3 in November for the first monthly gain since 2022, on strength in the stock market, decreasing unemployment claims, and improvement in building permits. Conference […]

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