Relevant and even prescient commentary on news, politics and the economy.

Lest We Forget . . .

How we got to this point? Maybe now seems like a good time to review the five core truths about the Russia scandal. “Lest We Forget …” | Homeless on the High Desert, August 29, 2022, g’da said “It was a few days after the FBI executed a court-approved search warrant at Mar-a-Lago. Donald Trump started […]

What the IRA could mean for PBMs

“What the Inflation Reduction Act means for PBMs” Times of News This is a strange little article trying to fill a gap in knowledge. The italicized sentences are mine. It does make some sound points on PBMs so I kept it. If you can get into Seeking Alpha or Modern Healthcare, you may find a […]

August jobs report: despite a good headline number, the decelerating trend resumes

August jobs report: despite a good headline number, the decelerating trend resumes  I have written a number of times since February that the short leading indicators have signaled that we should expect weaker monthly employment reports, with both fewer new jobs and a higher unemployment rate. That was completely *not* the case in July, In […]

Introducing the New USPS Sorting & Delivery Centers

Save The Post Office, Steve Hutkins Steve Hutkins and Mark Jamison (retired NC postmaster) have been writing about the USPS for a long time now (years). This post is about Louis DeJoy’s efforts to centralize the Post Office into hubs with carriers leaving from the hubs and having local post offices becoming little more than […]

$1.6 billion to Right-Wing Org. – Marble Freedom Trust

Ninety year-old electronics company executive Barre Seid donates his funds to a new right-wing organization. Marble Freedom Trust, is controlled by Leonard A. Leo, the co-chair of the Federalist Society, who has been instrumental in the right-wing takeover of the Supreme Court. Leo has also been prominent in challenges to abortion rights, voting rights, climate […]

DOT: Vehicle Miles Driven Decreased year-over-year in June

Bill McBride at Calculated Risk (8/23/2022 02:21:00 PM) had this report on mileage driven for June 2022. I am sure as Bill suggests gasoline prices may have played a role in the decrease. I wonder too if Covid kept people from travelling too? One of the links to the DOT page also shows travel by […]