Grassroots

Quote of the day

Angry Bear -

Real threats do not require social influencers, since they are obvious to all. No one had to convince Americans after Pearl Harbor that the danger was great and sacrifice imperative. They saw it clearly and acted. When a modern cable news anchor reports with a smirk that the opposition is destroying this once great republic, […]

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My updated “consumer nowcast” is up, plus more confirmation in the June JOLTS report

Angry Bear -

– by New Deal democrat Yesterday I posted the update of my “consumer nowcast” over at Seeking Alpha.   As a refresher, this system looks at the various sources that can power increased consumer spending, which is 70% of the economy. When all of those sources are shut down, a recession almost invariably occurs. Unsurprisingly, the only […]

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Small Update: Statement on the FRA’s Phase I Report on Penn Station, NY

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There is a need in the United States for alternative ways of travel other than by airplane or private vehicles. Trains do offer such a way of longer distance travel. Taking a train often times can be less costly than driving a car and cheaper than flying to your destination. This is considering a day […]

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Why I take pictures

Angry Bear -

Most days I go on walks of 4-6 miles in the nearby woods. I bring my camera. I tell people that it gives me something to do with my hands. But it’s more than that. I learned the basics of photography in high school. I used many of those skills as a postdoc and well […]

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July jobs report: school’s out for summer! Plus, many other indicators take a sabbatical as well

Angry Bear -

– by New Deal democrat My Big Theme for the past few months has been that the AI Boom (or possibly bubble) is counterbalancing a stagnant or even shallowly recessionary rest of the economy. After three good reports in a row, the June employment report had been very weak, and July was even worse – but […]

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Maybe Something of Interest?

Angry Bear -

I always liked the idea of sailing on a boat or ship. I did it once upon a sailing ship our Sunday school teacher owned. He owned a small airline, so he could do this. It was a single mast of some size (do not remember), No sleeping quarters, just shelter. I read stories about […]

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Very positive “superlow” new jobless claims forecast an unemployment rate under 4% in the next few months

Angry Bear -

 – by New Deal democrat The super low number of job losses in the country continues to be one of the two most powerfully positive signals for the entire economy. Last week only 199,000 people filed for new jobless benefits, the third week in a row that the number was fewer than 200,000. The four […]

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5.2 MILLION fewer Americans have Medicaid/CHIP coverage since Trump returned

Angry Bear -

I follow Charles Gaba when I want accurate information on the ACA, enrollment and reductions in enrollment. The link to his site is included. I believe what is most exasperating about all of this is not a peep out of Senators and Congressional Representatives with regard to anger for the people they represent. Initially, “Nearly […]

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College rankings never really mattered

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The fact of college graduation matters far more, if you’re worried about jobs, than *which* college you attended. For most employers and most jobs, the fact that you graduated college shows that you’re a finisher. Over a four-year period, you took courses in a variety of fields and, within a narrow timetable (quarter or semester) […]

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