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

The Stench of Corruption and Dictator-worship is Over-powering.

As you read Paul Krugman’s commentary on the Slaughter decision by SCOTUS, it is not that hard to understand why he is concerned about the results of the SCOTUS decision. I typically might say (in a normal situation) we could expect a president given this power would decide in a manner benefiting citizens. Not this […]

New Deal democrat’s Weekly Indicators: Simply Stellar Consumer Spending June 29 – July 4

Weekly Indicators: Still Strong Spending, Tepid Tax Payments Two cross-currents I mentioned in my long piece Friday were very much in evidence in the high frequency data this week: huge gains in aggregate YoY consumer spending, and very weak withholding tax collections. My take on this is that the top end of the income distribution […]

The future of medical genetics

Nearly three decades ago, I created a course for first year medical students called “Molecular Biology and Genetics.” Together with a clinical faculty, I co-directed the course for 22 years. There’s a piece over at Medpage about “niche careers” in medicine. Here’s one: “7. Medical Genetics and GenomicsMedical geneticists diagnose and manage hereditary conditions, using […]

GOP and Trump Policies Increase ACA Insurance Costs

This is a long commentary. However, it is very detailed. Charles Gaba explains the impact of Republicans allowing the enhanced federal tax credits to expire as well as other Trump Regime policy changes. Quite a few middle and low citizens dropped healthcare policies or took lower costs due to affordability. “How much more are ACA enrollees *really* […]

After the Attempted Albertson’s Merger

Kroger is looking to acquire Giant Eagle at ~1.7 billion. So far the FTC has not made a peep. The franchise can be found in Ohio, western Pennsylvania, West Virginia, Maryland and Indiana. “Kroger is again Looking to Acquire Other Supermarket Chains” Is a Merger and Acquisition (M&A) Strategy good for Kroger? Probably as it […]

My Big Picture nowcast and forecast at mid-year 2026 (it may surprise you!)

 – by New Deal democrat Earlier this week I promised an updated Big Picture forecast and nowcast for the US economy, plus a note about how broad or narrow was the participation.  Most commentators either have a financial or ideological agenda – getting you to buy their stock recommendations, or selling you on DOOOM, cherry […]

Happy July 4th, Bears!

“I don’t know a soul who’s not been batteredI don’t have a friend who feels at easeI don’t know a dream that’s not been shatteredOr driven to its kneesOh, but it’s all right, it’s all rightFor lived so well so longStill, when I think of the roadWe’re traveling onI wonder what went wrongI can’t help […]

Academic Ideas to Working Policies Differences in the Public Sector

I do read Dan Zetland’s site the One-Handed Economist from time to time. He does post interesting commentaries which Angry Bear reposts. This happens to be one of the ones I find to be interesting. Soft money versus hard money? What are the differences between either and especially when it comes to physical labor? From […]