Blog Profile / Angry Bear

Filed Under:Business & Finance
Posts on Regator:2128
Posts / Week:9.8
Archived Since:February 18, 2011

Blog Post Archive

Northwest Plan for Social Security: Conservative “Workers – Take Your Medicine”-ism (and why this Social Democrat likes it)

Long time readers of Angry Bear will be familiar with the Northwest Plan for a Real Social Security Fix. It has been pushed here in a series of posts and in innumerable comments (mostly by Dale Coberly) since 2009 including this core post: NW Plan for a Real Social Security Fix Ver 2.0: 2009 Trigger. […]

The Curious Case of the ACA at tax time

Tax day has come and gone and nothing extraordinary happened (at least nothing extraordinary enough to be reported by the Washington Post or the New York Times). This non news should be news, because the much hated Obamacare mandate has been applied. Some Refund checks (many of which have not have been mailed yet) were […]

Oh, look! The uninsured rate fell again!

As any conservative can tell you, Obamacare is a job-killing “train wreck.” Not only is it a job killer, there is no way that it could possibly work. Except, of course, it does. When I last visited this issue, the percentage of adults without health insurance had fallen from its peak of 18.0% in the […]

Must Read

I think you might want to read this excellent post by Simon Wren-Lewis. That is all.

National Debt: Since When is the Fed “The Public”?

This issue has been driving me crazy for a while, and I never see it written about. When responsible people talk about the national debt, they point to Debt Held by the Public: what the federal government owes to non-government entities — households, firms, and foreign entities. (Irresponsible people talk about Gross Public Debt — […]

Why you should be afraid: the next recession is likely to include wage deflation

by New Deal democrat Why you should be afraid: the next recession is likely to include wage deflation Beginning 3 years ago, I identified poor wage growth  as the shortfall in the economy that worries me the most. And it still worries me, even though there has been some modest improvement. Why? Because unless there […]

Clinton Finally Announces Her Message: Banality and Incoherence.

The much-ballyhooed announcement video offers little hint [of who, policy-wise, Clinton is].  For the first half-minute or so, you would be excused for thinking that it was some sort of detergent commercial, intended to air during the Olympics. Gay weddings! Babies being born! Moms going back to work! Clorox, this commercial seems to say, has finally gotten […]

A thought on GE’s opting out of the Finance Business

Paul Krugman writes about GE’s announcement to get out of the finance business. Why are they getting out? Financial reform from the Dodd-Frank legislation that includes “greater oversight, higher capital and liquidity requirements, etc.” Paul Krugman says… “And sure enough, what GE is in effect saying is that if we have to compete on a […]

Good Jobs First reveals top federal subsidy recipients: Subsidy Tracker 3.0

Slow to be getting to this, but I have to come back to such a major development. Good Jobs First, a national non-profit best known for its work on state and local subsidies to business, unveiled in March its Subsidy Tracker 3.0. This work differs from previous publications on federal subsidies by being project-based/firm-based, rather […]

Avoiding the “New Mediocre” – Christine Lagarde

Today the IMF published a short video with Christine Lagarde about avoiding the “New Mediocre”. My view is that carefully raising interest rates in the US will help raise the standard for productivity getting us eventually out of this “New Mediocre”. What do the readers of Angry Bear suggest is the answer? Leave ideas in […]

A Third Reason to raise Interest Rates?

I read Paul Krugman, Ben Bernanke and others. They mention two reasons why some people are calling for interest rates to rise… Possibility of Inflation Possibility of Financial instability Now I would like interest rates to rise, but I have never seen any inflation coming. In fact, it seems that inflation will stay low when […]

A Fractal Case for Big Government

Brad DeLong made a case for big government and higher deficits. Paul Krugman wrote an exagerated pun of praise. The part he liked was the appeal to myopia and paternalistic proposal “The problem is that as we move into the twenty-first century, the commodities we will be producing are becoming … more subject to myopia […]

A thought on Economic Inefficiencies & Low Interest Rates

There is discourse in the econoblogosphere currently about why interest rates are low and may stay low for a long time. Larry Summers says that we may even have a negative natural real rate at full employment, even though Ben Bernanke sees that as somewhat impossible. It is fairly common knowledge that excess debt and […]


I live in Michigan, a state which felt in its infinite Republican legislator wisdom it was important to remove all input from the cities, counties, and townships and leave the industry unfettered with any controlling influence. For those who are worried about capitalism and free enterprise if you own the land, there is such a […]

Go Krugman… Join the Fight for Labor

I have been upset with Paul Krugman for years since he undermined the living wage movement in the 1990?s. Here is what he wrote back then… “In short, what the living wage is really about is not living standards, or even economics, but morality. Its advocates are basically opposed to the idea that wages are […]

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