– by New Deal democrat As promised, let me parse the JOLTS survey for May, which was reported yesterday.  As a quick refresher, this survey decomposes the employment market into openings, hires, quits, and layoffs. In 2024 the data were most consistent with a “soft landing,” but the actions of the new Administration, especially on trade, […]

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Noem is busy protecting Americans against self-eating cannibals: “Speaking at a press conference in Florida with Donald Trump, Noem claimed that the president’s deportation push, which she is overseeing, is about “upholding freedom…the freedom to live safely in this country and to do things legally and to have justice.” The administration, she said, is “going […]

The post Kristi Noem is deranged, but will she cannibalize her own words? appeared first on Angry Bear.

Is there not one person in Congress who will be our leader who will tell Tr__P to shut up? Is it up to the constituency to do the dirty work every 4 years? I can only imagine where we would be it Tr__p succeeds. Trump attacks Fed again in open letter to Powell calling for […]

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Yesterday, we were discussing Round Abouts (AZ) or what they call Traffic Circles (New Jersey) in this article. My first experience at navigating one such creature was in Asbury Park, New Jersey. I was temporality stationed (as a Marine) at Fort Monmouth going to Crypto-Tech training for six months. I was able to borrow a […]

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RFK Jr. has appointed a clown car to the CDC’s Advisory Committee on Immunization Practices (ACIP). And it shows: “If observers were waiting for a moment when the newly anointed members of the CDC’s Advisory Committee on Immunization Practices (ACIP) made a clear case against U.S. vaccine science, it didn’t happen during the group’s 2-day […]

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Stable genius, me arse.  Veritable idiot, more like.  And, a neanderthal.  Abysmally ignorant of state craft, of economics, of finance, of trade, of government, of science, of history, … of anything other than his own own oral anal.  From anal to oral, gut to mouth, sixteen and more hours a day.  But for Fred and […]

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 – by New Deal democrat I concluded last month’s post on construction spending by writing “Putting this report together with this morning’s other report on manufacturing from ISM, it appears the goods-producing part of the economy as a whole is very slightly contracting. It will be interesting to see if this is reflected in a decline […]

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– Supreme Court limits nationwide injunctions, but fate of Trump birthright citizenship order unclear. The Copper Courier. “the decision left unclear the fate of President Donald Trump’s restrictions on birthright citizenship.” – States can cut off Medicaid funding to Planned Parenthood, the Supreme Court rules. Associated Press. “authored by Justice Neil Gorsuch and joined by the […]

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 – by New Deal democrat As usual, we start out the month with reports on both manufacturing and construction. Ill post separately on construction. Additionally, the May JOLTS reports was posted, but I’ll discuss that tomorrow. So let’s start with the ISM manufacturing report, a recognized leading indicator for the past 60+ years, although of diminished […]

The post Preliminary economically weighted ISM average for June continues in “recession watch” territory appeared first on Angry Bear.

Abroad, Trump is sending American hard power in retreat by pulling back on NATO and threatening to invade and take over a NATO country. American soft power under Trump is also in retreat, with the abandonment of USAID and Voice of America. At home, Trump is shrinking American agriculture by the USAID cuts. He’s levied […]

The post Trump’s America: shrinking our way to excellence appeared first on Angry Bear.

Where I live the roads are typically 4 lanes, or two each way, and have an island in the middle. The speed limit is set at 45 mph which I have stated time and time again, it is merely a suggestion. People are going well over 45 mph which makes it more dangerous to make […]

The post If Turns are Dangerous to Make while Driving, What is the Solution? appeared first on Angry Bear.

Dean Baker critiquing and breaking down Tr__p’s BBB Bill That’s the question Republicans in Congress will be debating as they struggle to put Donald Trump’s “Big Beautiful Bill (BBB)” in final form to pass and send to his desk. The essence of the bill should be well known at this point. It extends Trump’s 2017 […]

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I grew up about 20 miles from Brushy Mountain State Prison. You may remember it as the place James Earl Ray was held until, briefly, he wasn’t. He escaped and was re-captured. The appeal of Brushy Mountain included rough terrain and venomous snakes that inhabited the surrounding area. Copperhead Alcatraz. I once visited the prison […]

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While Congress debates just how much to goose the federal deficit, the global climate budget is even further out of balance that previously feared: “But another approach can give us a very clear sense of what’s going on: track how much heat enters Earth’s atmosphere and how much heat leaves. This is Earth’s energy budget, […]

The post The US federal deficit isn’t the scariest deficit appeared first on Angry Bear.

I’m seeing a lot of doom and gloom navel-gazing about the Democratic Party these days. I’m not a political pundit, but Josh Marshall is, and this ain’t his first rodeo. The weakness, in his eyes, lies with the party leadership and not with the party or its voters. “A lot of the weirdness of press […]

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 – by New Deal democrat  This week data arrives in two batches: a smaller batch (ISM manufacturing and construction spending) tomorrow, and a huge tranche (nonfarm payrolls, jobless claims, ISM services, and factory orders) on Thursday. Which means I might take Wednesday off, and/or delay reporting on some of Thursday’s data until Friday. In the meantime, […]

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Bit of a rewrite . . . Democratic socialist who would become the first Muslim to be NYC mayor if elected. He first has to get past the right-wingers who have come out of hiding since Zohran Mamdani’s success in the Democratic primary for New York City mayor. Being a Democrat is one thing. Being […]

The post Successful in a Primary? Don’t expect the Right Wingers Will Let you Pass . . . appeared first on Angry Bear.

After the shootings, Utah Representative Lee wrote on X: “This is what happens when Marxists don’t get their way.” In another post, he posted a photo of Boelter with the caption “Nightmare on Waltz Street.” The caption appeared to be a reference to Minnesota Governor Tim Walz, a Democrat. Lee has since deleted the posts […]

The post Gaining Ground after a Political Shooting? It did Not Happen Like it was Supposed to . . . appeared first on Angry Bear.

(Anti-De) Not all republicans, all Republican politicians.  Who weren’t always.  In my lifetime, in my children’s lifetimes, patriotic, democracy loving Republican politicians were common.  Now, I challenge anyone to name one Republican congressional member worth spit. Before the Republican party’s infamous ‘southern strategy’, liberal, honest Republican politicians were not uncommon.  One could easily name a […]

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“China Rare Earth Ban Disrupts Automotive Production,” Automotive Manufacturing Solutions Since early April, Chinese customs officials have blocked shipments of rare earth magnets at numerous ports. This halt comes as Beijing drafts a new regulatory framework for export licensing, a move interpreted as retaliation for the US government’s latest round of tariffs. The materials in […]

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