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

February jobs report shows decelerating trend continuing

February jobs report: the decelerating trend resumes   – by New Deal democrat As I’ve written several times this week, my focus on this report was on whether manufacturing and residential construction jobs turned negative or not, whether temporary jobs continued on their downward trajectory, and whether the deceleration apparent in job growth would reappear after […]

Direct Contracting and The Medicare ‘Money Machine’

This is Part One covering Medicare Advantage, Direct Contracting, and the MA Money Machine of which the Risk Scores drive the payout. If the Risk Scoring methodology was eliminated, ~$355 billion over the next eight years if just the risk-score related overpayments were eliminated. This is a pretty good read if you have the patience […]

I Am Tired

Hey, if you have not noticed, I have been doing most of the posting at Angry Bear, for myself, others, and for NDd on Angry Bear on various topics. NDd’s commentary I consider to be important and timely reporting on housing, jobs, Covid, the economy, etc. He is on the money each time. It is […]

“Some of us are illegal and some are not wanted . . .

This NYT story just dredges up the stories we would read and hear in the fifties and sixties. Popular song when I was hanging around the coffee houses then. No Starbucks then or laptops. If the song was of your ilk. Arriving in record numbers, the children escaping other countries are ending up in jobs […]

Who invented the mRNA-based COVID-19 vaccine Technology?

Parts of this Covid Vaccine Story came via the Daily Beast; But there is more to this story than what is being revealed in this rendition about the Moderna vaccine. Moderna reported it paid or will pay $400 million to the National Institutes of Health (NIH) for the rights to use publicly funded technology. The publicly funded […]

January JOLTS report consistent with a softening, but still very strong, labor market

January JOLTS report consistent with a softening, but still very strong, labor market  – by New Deal democrat This morning’s JOLTS report for January, unlike the recent payrolls report, generally showed further softening in the labor market. While hires (red in the graph below, normed to a value of 100 as of February 2020) increased 121,000, […]

Michigan Supreme Court hearing on the State’s automobile no-fault reform

“Michigan Supreme Court hearing on automobile no-fault reform: What to know,” Bridge Michigan, In reading this, I can almost guarantee, the citizens of the state of Michigan had not given any thought to the screwing over of those who suffered catastrophic injury due to automobile accidents. Indeed, it was business interests who set the pace […]

Marseille: full canal and empty streams

Thoughts on this commentary? Marseille: full canal and empty streams, The one-handed economist, Margot . . . Margot writes* Despite being located in a dry and warm region, Marseille is described as the “world capital of water” by the World Water Forum. Indeed, Marseille is known for its efficient water management and water infrastructures like the […]

Coronavirus dashboard: the first year of COVID endemicity

Coronavirus dashboard: the first year of COVID endemicity  – by New Deal democrat As I indicated back in January, I don’t plan on any regular COVID dashboard updates unless something noteworthy has occurred. Since we are now 1 year into endemicity, this is a good time to look back and see what that means. The huge […]