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

He thought they were migrants on the bus

This is kind of an interesting story. It shows how crazy some of us and it also shows a presence in our military too. Active or reservist military are not supposed to be doing this. Here we have an off-duty officer of the Massachusetts Army National Guard following a busload of senior citizens in a dangerous […]

Aggregate Medicare payments to Medicare Advantage plans

Medicare Advantage (Part C) plans were to be the private plans able to deliver more and better healthcare than FFS Medicare. MA plans does offer more services than FFS Medicare. It offers similar services at a higher cost than ordinary Medicare costs. This is accomplished by over coding healthcare issues of participants which in turn […]

August personal income and spending: major downward revisions overwhelm modestly positive monthly gains

August personal income and spending: major downward revisions overwhelm modestly positive monthly gains  – by New Deal democrat This morning’s personal income and spending report for August was positive month over month both in nominal and real terms, but the major story was in the revisions. Personal spending is the essentially the opposite side of […]