Blog Profile / Angry Bear

Filed Under:Business & Finance
Posts on Regator:2244
Posts / Week:9.8
Archived Since:February 18, 2011

Blog Post Archive

Obama Overtime Rule = Truth In Advertising

The Obama Administration is proposing to raise the income threshold under which employers are required to pay overtime from $23600 to $50400 and predictably the economic right has started to squeal. And in so doing have tried to advance two cases: one this change will cost jobs, and two nobody will actually get a raise. […]

April Fools! Belated Social Security Joke.

Compilation of the Social Security Laws: Title 2 FEDERAL OLD-AGE AND SURVIVORS INSURANCE TRUST FUND AND FEDERAL DISABILITY INSURANCE TRUST FUND[3] Sec. 201. [42 U.S.C. 401] (c) With respect to the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund (hereinafter in this title called the “Trust Funds”) there is […]

News just came out that Greece Defaulted on its Loan with the IMF

The Wall Street Journal just published news that Greece defaulted on its IMF loan. Link I have connections to some people in the banking industry who have said for years that Greece’s default was inevitable. Now the default looks like it is here.

Which Countries Work Hardest? You Might (Not) Be Surprised

Imagine you had to choose, and could choose: you can spend your whole life and raise your family in either of two equally prosperous countries. In one country people work lots of hours to attain that prosperity. In the other country people work far less. You don’t know anything else about these countries. Which would you choose? The answer […]

Will the US keep winning indefinitely? ISDS, that is

Now that Congress has given the President fast-track Trade Promotion Authority, the first agreement to be considered under these rules (no amendments allowed, up or down vote in 90 days) will be the Trans-Pacific Partnership (TPP). As you know from previous columns, one of the most worrying aspects of the TPP is its expansion of […]

Anthony Kennedy Adds the Fifth Vote in the Citizens United Against Gerrymandering Opinion

Tomorrow, in addition to the predictable ruling in the EPA/mercury-emissions case, and in addition to a declaration of a constitutional right to same-sex marriage—another 5-4 ruling, in Obergefell v. Hodges—the Court will issue an opinion in Arizona State Legislature v. Show More Summary

Brad DeLong buries the Lead in what is left of George Will’s Credibility

(Lifted from Robert’s Stochastic Thoughts) by Robert Waldmann Brad DeLong buries the Lead in what is left of George Will’s Credibility A 16th paragraph (if I counted right) at the Washington Center for Equitable Growth blog is more prominent that a first paragraph here, but Brad has never been a stickler for restrictions on fair […]

Greek Tale(s)

by Joseph Joyce Greek Tale(s) No matter what new twist the Greek debt crisis takes, there can be no question that it has been a catastrophe for that country and for the entire Eurozone. The Greek economy contracted by over a quarter during the period of 2007 to 2013, the largest decline of any advanced […]

Horses, Carts, and the Order in Which They Belong

Democrats should take continued GOP opposition to Obamacare very seriously. It has serious real-world consequences. As long as states hold out against the Medicaid expansion, it could slow the law’s efforts to realize its goal of expanding coverage. One thing this means is that Democrats should redouble their efforts to regain electoral ground on the level […]

Scalia’s Craven Self-Contradiction and Pettifogging Pedantry

In his dissent to Edwards v. Aguillard, Supreme Court justice Antonin Scalia made a neat distinction, sidestepping the issue of “legislative intent” that he finds so troubling: it is possible to discern the objective “purpose” of a statute (i. e., the public good at which its provisions appear to be directed), (The dissent is obsessed with […]

Marking My Beliefs about Abenomics to Market

Via @mattyglesias I learn that David Scutt just reported that “Japan just blew past forecasts for unemployment and household spending” The unemployment rate is 3.3% and there are more vacant jobs than unemployed workers. Overall, Abenomics has worked very well indeed. I feel obliged to discuss this, because I was an extreme skeptic. More exactly, […]

In its ACA opinion today, the Court significantly narrowed its “Chevron-deference” doctrine. I’m glad. Even despite the immediate repercussions for EPA authority.

[T]oday’s victory may have been even more decisive than it looks at first glance. It isn’t just that the Court ruled six-to-three in favor of the government’s position, with John Roberts and Anthony Kennedy joining the Court’s liberals in support of a single, non-splintered decision, though that’s important. It’s also that Roberts’ opinion may have precluded […]

Fast Track just passed the House

Just want to let everyone know that the Fast Track bill just passed the house.  The vote was 218 to 208 with 28 Dem’s voting for it.  Imagine that.  no provision for workers harmed by this and it passes. From the article here is Ryan’s take: “It gives America credibility,” Ryan said of TPA. “And […]

Moms New Boyfriend, Again . . .

Guest Post by Noni Mausa When you read a newspaper piece with a single mother’s new boyfriend in it, you know nothing good is coming. Oh, he could be a sweet, caring man who loves her kids and has a good job, but as Damon Runyon famously said, “that’s not the way to bet.” In […]

Yup. It didn’t take long for mainstream political journalists to misread the new poll on Rubio/Bush/Walker vs. Clinton.

Clinton is currently running ahead of all her likely Republican opponents, according to RealClearPolitics, but not by much: 4.2 points ahead of Marco Rubio? 5.2 points over Jeb Bush? and 6.8 points over Scott Walker. These are not impressive numbers for a candidate with universal name recognition against candidates who are much less widely known. […]

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