So Much For May Day Today is May Day. An ancient point of the Gaelic calendar marking spring, it was long marked by pagan fertility celebrations and rites, dancing around May poles and the like, with many variations on this in different countries. The day became associated with the worker...

https://angrybearblog.com/2021/05/so-much-for-may-day#utm_source=rss&utm_medium=rss&utm_campaign=so-much-for-may-day

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April Industrial Production slightly disappoints but only due to supply chain bottlenecks Industrial production is the King of Coincident Indicators, and is the one whose peaks and troughs most frequently mark the beginning and end of recessions. It had been bouncing back strongly, ...

https://angrybearblog.com/2021/05/april-industrial-production-slightly-disappoints-but-only-due-to-supply-chain-bottlenecks#utm_source=rss&utm_medium=rss&utm_campaign=april-industrial-production-slightly-disappoints-but-only-due-to-supply-chain-bottlenecks

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Want a Public Option? Not So Fast, Say Health Insurers? Guess Who is Fighting It! Much of this is from an Op-Ed at MedPage Today authored by Wendel Potter. I have added to it as Wendel discusses the impact of insurance as a major influence on healthcare cost. It is one sided and the commentary [...

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In a recent post, libertarian political philosopher Jason Brennan argues that we should ignore the welfare of people who choose not to vaccinate out of paranoia. We owe them nothing. Brennan reaches this conclusion by analogizing vaccine hesitancy to a hecklers veto (my bold): The idea of heckler...

https://angrybearblog.com/2021/05/what-do-we-owe-to-the-vaccine-hesitant#utm_source=rss&utm_medium=rss&utm_campaign=what-do-we-owe-to-the-vaccine-hesitant

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More signs of an economic Boom I have a new article discussing Mondays durable goods new orders reportup at Seeking Alpha,explaining how this data fits into the overall picture of a production-side Boom continuing in the months ahead. As usual, clicking over and reading will ...

https://angrybearblog.com/2021/04/more-signs-of-an-economic-boom#utm_source=rss&utm_medium=rss&utm_campaign=more-signs-of-an-economic-boom

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The post Open thread April 30, 2021 appeared first on Angry Bear...

https://angrybearblog.com/2021/04/open-thread-april-30-2021#utm_source=rss&utm_medium=rss&utm_campaign=open-thread-april-30-2021

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The battle to save democracy continues. White man commits intentional voter fraud: A Marple Township man who illegally registered his dead mother as a Republican and cast a vote on her behalf in the 2020 presidential election has been sentenced to five years of probation,Delaware County prosecutors ...

https://angrybearblog.com/2021/05/voter-fraud-in-black-and-white#utm_source=rss&utm_medium=rss&utm_campaign=voter-fraud-in-black-and-white

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Matt Yglesias is stimulating heated discussion thats his job. Before getting to the point, I think that his $250,000 guaranteed advance from SubStack has stimulated a lot of extremely intense envy (I know I envy him) which tends to add a bit of spice to his provocative posts one of ...

https://angrybearblog.com/2021/05/slowly-boring-into-the-heart-of-wokeness#utm_source=rss&utm_medium=rss&utm_campaign=slowly-boring-into-the-heart-of-wokeness

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The former actor campaigning for President said, The government is the problem. Who needs government? We need it, thats who. In 1980, any damned fool could look around and see that nations with strong governments succeeded while those with weak governments failed. Yet most of the people ...

https://angrybearblog.com/2021/05/scuppered#utm_source=rss&utm_medium=rss&utm_campaign=scuppered

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Hit by renewed US sanctions (The Guardian) under trump and a Covid pandemic, Cubais enduring an economic crisis. Pharmacy shelves are empty, people stand in line for hours to buy chicken, and bread is scarce and hard to find. May 6th Cuba reported 1,060 cases totaling 112,714. ...

https://angrybearblog.com/2021/05/cubas-covid-vaccines-proceed-even-with-us-sanctions#utm_source=rss&utm_medium=rss&utm_campaign=cubas-covid-vaccines-proceed-even-with-us-sanctions

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by New Deal democrat Weekly Indicators for May 3 7 at Seeking Alpha My Weekly Indicators post isup at Seeking Alpha. YoY comparisons remain ridiculous, so seasonally adjusted data, plus comparisons with 2019 where available are more informative. That being said, all of the coincident ...

https://angrybearblog.com/2021/05/weekly-indicators-for-may-3-7-at-seeking-alpha#utm_source=rss&utm_medium=rss&utm_campaign=weekly-indicators-for-may-3-7-at-seeking-alpha

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While commenting on Alan Collinges Student Loan Justice site about much of what is being revealed here, I pointed out the problem with interest, interest on top of interest, paying interest before principal, etc. . It is a problem. You never touch principle. I am very happy to see the Student...

https://angrybearblog.com/2021/05/older-people-are-giving-up-hope-of-paying-off-their-student-loans-before-they-die#utm_source=rss&utm_medium=rss&utm_campaign=older-people-are-giving-up-hope-of-paying-off-their-student-loans-before-they-die

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Weekly Indicators for May 10 14 at Seeking Alpha by New Deal democrat My Weekly Indicators post isup at Seeking Alpha. The big news in this past week, even though it has been expected for several months, was on the inflation front. That doesnt affect the nowcast, and hasnt ...

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Let me follow up briefly on my post from yesterday on vaccine hesitancy. Demeaning people is the first step towards ignoring their interests or even persecuting them. Brennan urges us to ignore the welfare of the unvaxxed by painting a picture of them as moral terrorists or extortionists. ...

https://angrybearblog.com/?p=73688#utm_source=rss&utm_medium=rss&utm_campaign=

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Ambivalence has dropped! Two things I am especially pleased about that were sort of incidental at the time: 1. The prominence in the title of ambivalence the future is ambivalent and 2. the ending quote by Benjamin of a quote about stereoscopic ...

https://angrybearblog.com/2021/05/ambivalence-has-dropped#utm_source=rss&utm_medium=rss&utm_campaign=ambivalence-has-dropped

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1st quarter GDP; March incomes outlays, and March durable goods Marketwatch 666, Commenter R.J.S. Our economy grew at a 6.4% rate in the 1st quarter, quite a bit stronger than during the fourth quarter, as stimulus supported growth in personal consumption of goods and increased federal ...

https://angrybearblog.com/2021/05/1st-quarter-gdp-grew-at-a-6-4-rate-on-government-stimulus-spending#utm_source=rss&utm_medium=rss&utm_campaign=1st-quarter-gdp-grew-at-a-6-4-rate-on-government-stimulus-spending

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The American Economic Review is publishing an article by Samuel Norris, Matthew Pecenco, and Jeffrey Weaver that suggests parental incarceration has benefits for children: Every year, millions of Americans experience the incarceration of a family member. Using 30 years of administrative data from ...

https://angrybearblog.com/2021/05/the-politics-of-research-parental-incarceration-and-child-welfare#utm_source=rss&utm_medium=rss&utm_campaign=the-politics-of-research-parental-incarceration-and-child-welfare

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by New Deal democrat The long leading indicator of credit conditions has just been updated by the Fed The easing or tightening of credit conditions has a good track record as a long leading indicator, giving us information about whether the economy will be expanding or contracting in 12+ months. The...

https://angrybearblog.com/2021/05/the-long-leading-indicator-of-credit-conditions-has-just-been-updated-by-the-fed#utm_source=rss&utm_medium=rss&utm_campaign=the-long-leading-indicator-of-credit-conditions-has-just-been-updated-by-the-fed

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March JOLTS report confirms that months strong jobs report This mornings JOLTS report for March confirmed that months stellar jobs report. Job openings made a new series high, while layoffs and discharges made a new series low. Hires, quits, and total separations all also moved in the right ...

https://angrybearblog.com/2021/05/march-jolts-report-confirms-that-months-strong-jobs-report#utm_source=rss&utm_medium=rss&utm_campaign=march-jolts-report-confirms-that-months-strong-jobs-report

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Recall Senators McConnells and Grahams strong opposition to the first COVID relief package? Said it was because they feared it might reduce the incentive of workers in their states to work for low wages; thats really low wages as in less than a living wages. Mitch and Lindsey, ...

https://angrybearblog.com/2021/05/mining-poverty#utm_source=rss&utm_medium=rss&utm_campaign=mining-poverty

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A Recent Correlation Regarding Political Leadership And The Coronavirus The recent correlation I have noticed, with others commenting on it also, is that some of the most prominent nations with the most rapidly rising rates of coronavirus infections are led by somewhat ...

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For just a pocketful of Russias rubles, Putin facilitated Brexit, doing irreparable harm to the UK and the EU. With what was left over, he did enormous harm to the US, and weakened NATO. No shots were fired, no missiles were launched, and no missions were flown. No weapons that go bang were ...

https://angrybearblog.com/2021/05/cyber-war#utm_source=rss&utm_medium=rss&utm_campaign=cyber-war

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