Angry Bear

Gain-of-function virus research

One of the conspiracy theories about the origin of the SARS-CoV-2 pandemic is that the pandemic started from a lab that was engineering a gain-of-function coronavirus. None of the data on the virus genome sequence supports this theory, but lack of evidence rarely extinguishes conspiracy mongering. I haven’t thought seriously about gain-of-function research in a […]

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One thing to keep in Mind with New Deal democrat’s Commentary on AI . . .

more likely than not . . . Without the building of AI data centers, the United States would be on the verge of recession. AB: “The US economy right now: AI vs. everything else“  – by New Deal democrat Let’s wrap up this week of limited economic data by looking at perhaps the most prevalent […]

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Software engineer who led the development of the onboard flight software for NASA’s Apollo missions died.

Margaret Hamilton was mostly responsible for developing the software recognizing higher priority needs of Apollo while landing on the Moon. The programing would drop lesser needs to handle the more serious needs without jeopardizing Apollo 11. An interesting concept. Margaret Hamilton 1936–2026 Aviation Circle: The aviation and space world has lost one of its great […]

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Yes Virginia, consumers pay for tariffs

“On October 6, the Federal Reserve Bank of New York published an article to its Liberty Street Economics blog that included a chart showing that President Donald Trump’s tariffs directly led to a higher inflation rate and that without those tariffs, consumer goods prices would have declined. Through October 7, most major news organizations had […]

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New jobless claims continue near historical lows; plus the “quick and dirty” forecast, and an important comparison vs. long term unemployment

 – by New Deal democrat Let’s take our regular weekly look at jobless claims. Plus, this week I want to make a statement about jobless claims vs. long term unemployment. First, initial jobless claims declined -2,000 to 197,000. Aside from 2 weeks in 2018, the only time prior to the pandemic that initial claims were […]

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Wage suppression in 10 charts Part 3

This last three of the charts as presented by Angry Bear of the Economic Policy Institute explaining who is being paid more in the Labor Market. All three sections present an excellent review of the issues. If you missed the other two sections, you can catch up on them here: “Wage suppression in 10 charts […]

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Employment September 2026

Briefly, nothing really to get excited about in this Labor Statistics Report. Of course it depends upon who is reporting it. Few changes in the Establishment Report and little change in the Household Survey Report. “The Employment Situation,” September 2026 Both nonfarm payroll employment (+29,000) and the unemployment rate (4.2 percent) changed little in September, […]

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Quote of the day

Today’s U.S. military structures itself around assumptions of short, decisive wars. Munitions stockpiles are limited. Preparation for reconstituting a highly skilled professional force is minimal. Maintenance of reserve weapons and equipment is poor. These policies trade long-term staying power for short-term lethality and presuppose that the United States can end a conflict quickly by destroying […]

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