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

Does The IRA Lower YOUR Health Insurance Premiums?

Let’s answer the question. I am going to break this up into several segments as it takes into consideration multiples of people, income, etc. I think it will be easier to absorb. A well-known expert in MIchigan has put together the answers. This is Part 1 – Single Individuals “How much does the #IRA lower […]

July JOLTS report: the broad deceleration in the game of reverse musical chairs (generally) continues

July JOLTS report: the broad deceleration in the game of reverse musical chairs (generally) continues I have been writing since early this year that, because of the pandemic, there have been several million fewer persons looking for work, leaving a huge number of unfilled job vacancies, particularly in the face of a roughly 10% higher […]

Inflation

In chemistry, and in physics, a positive feedback loop usually yields an explosion. In biology, it is a population explosion. In electronics, it might be an unpleasant screech. In economics, both housing bubbles and inflation are products of a positive feedback loop. In re Global Warming: The melting of permafrost due to Global Warming releases […]

MA Plans are Scamming Billions from Medicare

“Major Insurers Are Scamming Billions from Medicare, Whistle-Blowers Say” – PNHP, John Tozzi, Bloomberg, April 12, 2022 Teresa Ross had been raising objections at work for months when her bosses brought in a psychologist hoping to make her question her own sanity. A longtime manager at a Seattle health plan called Group Health Cooperative, Ross had opposed […]

Continued good news for consumers on gas prices

Continued good news for consumers on gas prices There’ll be lots of economic news starting tomorrow, but for today let’s pause and take a look at the energy situation. Here’s a look at oil prices in the past year up through yesterday from CNBC: And here’s a look over the same time period from Gas […]

irs.gov

The republicans are indignant as hell that the Inflation Reduction Act, née Climate and Healthcare Bill, would increase funding for the Internal Revenue Service (IRS). Since Reagan, republicans had been defunding it for them that brought them; them being the very rich who don’t like paying taxes. After the 2010 cuts, it had gotten to […]

MA Pricing Increases 8.5%, Traditional Medicare remains the Same so far

I believe we should fund traditional Medicare more, if the funds are going there (the funds are not going there). If you want something else, you are on your own. I do not want to pay the additional costs involved with MA Plans which we are doing out of Medicare funds. It is also no […]

MAGA Republicans threatening “our personal rights and economic security”

“August 27, 2022,” Heather Cox Richardson, (substack.com) In a speech Thursday night, President Joe Biden called out today’s MAGA Republicans for threatening “our personal rights and economic security…. They’re a threat to our very democracy.” When he referred to them as “semi-fascists,” he drew headlines, some of them disapproving. A spokesperson for the Republican National […]