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

The nothingburger

I somehow missed this, but a couple months ago the Trump Administration abandoned its effort to cut indirect cost reimbursements for federal grants to colleges and universities to 15%. Just before I retired, the indirect cost rate at Saint Louis University was 51.5%, so this cut would have been devastating to research at SLU. When […]

Groundhog Day Medicaid Healthcare

“Trump’s New Medicaid Rule ‘Designed to Ensure People Lose Healthcare,’ Critics Warn” Common Dreams Jake Johnson The Trump administration on Monday unveiled a rule that is expected to push millions of low-income people off Medicaid by imposing complex bureaucratic barriers in the form of work reporting requirements, which have proven disastrous at the state level. The rule, released by the Centers for Medicare and […]

Federal Debt Projections

I know Econofact is discussing various programs as being an issue. Social Security being one of them. That may be true for Social Security if the funds are not available to pay back what is owed to the Trust fund. The other issue being the decreases in taxes for upper income brackets which would have […]

“seven times the previous annual budget and four times the typical annual budget”

All of this to keep immigrants out of the United States even though replacement rate is down and decreasing. A term I am learning from the VA as they argue with me about how I was poisoned while at Camp Lejeune is “More Likely than Not.” Moe likely than not replacement rate in the US […]

Alabama Pushes Through a Change in Voting Districts and SCOTUS Says Ok

Rather than saying no, SCOTUS allows Alabama to realign voting districts thereby disenfranchising minority Americans “Shame and the Supreme Court” Civil Discourse with Joyce Vance Tuesday was primary day in Alabama. There were contested races in both parties. The marquee gubernatorial race drew significant interest, with more than five candidates competing on the Democratic side, […]