– by New Deal democrat With the update on inflation earlier this week, let’s take a look a real average wages and real aggregate payrolls. Plus there is a significant update to my yellow flag caution on the employment situation. First, nominally nonsupervisory wages rose slightly under 0.3% in November, while consumer prices rose slightly […]

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It’s bad enough that RFK Jr, the Trump nominee to head HHS, is spreading lies about water fluoridation. He’s also vetting federal health officials based on their willingness to question life-saving vaccines. “Aaron Siri, the lawyer helping Robert F. Kennedy Jr. pick federal health officials for the incoming Trump administration has petitioned the government to […]

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Commentary: Trump’s pick for education secretary shows he understands the assignment, Erika Donalds, The Heritage Foundation There are answers to this author’s commentary. I will wait for another time to discuss student loans and private education in the US at the expense of a public education. Commentary: Trump’s pick for education secretary shows he understands […]

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Applications are “carefully reviewed” by a legal team to determine eligibility for debt cancellation, yep! What does continuous growing Student Loan Debt look like today? Federal Student Loan Portfolio by Age. The chart below only shows the last 4 years by Quarter. President Joe Biden has been attempting to grant relief to students. This is […]

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How the Vinyl Record Revival Is Spinning Into the Future, Norbert Sparrow, Plastics Today, Norbert Sparrow Good take om the revival of records. That is if you remember 78s and 45s. But today’s vinyl is not the same as that used to press Michael Jackson’s Bad, the best-selling album that year. Just as music has evolved […]

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– by New Deal democrat As is so often the case this time of year, seasonality likely played havoc with this week’s new jobless claims. Last year Thanksgiving was November 23rd; this year it was the 28th, putting it in a different week for many statistics. So the jobless claims this morning were for the […]

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“Pete Hegseth, President-elect Donald Trump’s pick for secretary of defense, has repeatedly criticized policies allowing gay people to serve openly in the US military, calling them part of a “Marxist” agenda to prioritize social justice over combat readiness.” LOL! I’m absolutely confident that Hegseth hasn’t read a word of Marx or Marxist economics. I’m equally […]

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as Joe Manchin, Sinema Block Biden NLRB Nominee AB: I never had much respect for Joe Manchin. Just another rich guy out of West Virgnia. Perfect article about Joe’s reign in WV since 2010 “What has Joe Manchin done for West Virginia?” The answer to that question is not much unless it benefited him or […]

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Dennis Drew discussing labor and why the US does not have more union labor. Higher minimum wage — bunk!  Unions systemically squeeze out the maximum price consumers are willing to pay for their labor. Any lower price should be taken as a unionless discount — I wish I could make up an “official sounding” term […]

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Not an article by The Economist. Indeed, an article reporting on The Economist piece as written by La Vanguardia. A positive take on The Economist article. As reported, Spain achieved the best economic results of any nation with the exception of GDP per capita over the last year. Not everyone is in agreement. But all […]

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The U.S. economy posted a solid though slightly disappointing (?) period of growth in the third quarter, propelled higher by strong consumer spending that has defied expectations for a slowdown. With the expectation of attempting to slow inflation, I would think a 2.8% rate of growth would be welcome in light of the Fed waiting […]

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November consumer inflation remains well-contained except for the two most lagging sectors of shelter and transportation services – by New Deal democrat Let me pick up where I left off yesterday discussing trends in consumer prices. One thing I have done every month for the last couple of years is to review all the categories […]

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Nearly half of U.S workers will live in states with at least a $15 minimum wage by 2027, Economic Policy Institute In the 2024 election, Alaska and Missouri voters approved ballot measures to increase their state minimum wage to $15 an hour in the coming years. Now 15 states and Washington D.C. either have or […]

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Mistake in Administering Property Taxes Results in a 1200 Percent Increase? This reads like something in a tabloid. However, it is occurring in an Illinois county. Montgomery County Assessor Kendra Niehaus discovered the assessment was being calculated incorrectly. A tract of woodland should have a tax rate applied to 33.33% of its fair market value. […]

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I am of a belief Angry Bear should look at more than just presenting economic numbers. I have watched the numbers soar when a report is made if I follow the economic numeric. However, I am fortunate enough to be in league with some exceptional writers such as Prof. Heather, Infidel753, Joyce Vance, Robert Reich, […]

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Recently, Anthem BCBS rescinded its policy of limiting the amount of anesthesia it would pay for during operations. The policy conjured images of patients waking up before the end of their operations, or later being confronted with unexpected bills. But allegedly, that’s not the intent: “Anesthesia services are billed partially on the basis of how […]

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