GM backs away a bit from it Electric Vehicle (EV) strategy. Manufacturing capacity was there. Sales was not there yet. If anything, this foray into EV manufacture will give them a chance to regroup. It takes time to recast their manufacturing capabilities for each year’s model change and what manufacturing facility will produce it. Usually, […]

The high school my wife and I attended in East Tennessee back in the early 70s offered both home ec and shop. She took home ec, but I didn’t take shop. Shop was power tools and home ec was domestic skills like cooking and sewing. The Boston Globe just published an article that reminded me […]

I broke this comment by Deb Schultz (comments section “Traditional Medicare Open Enrollment is Now”) into three different segments to emphasize each part. Deb and I talked once before. I agree with her comments. It is worth reading so you understand the issues. Please read. ~~~~~~~ “Is this open season for Traditional Medicare available only […]

Still issues with Medicare Advantage plans being easy to use and similar to Traditional Medicare. One of the big issues is getting authorization for additional care. MA plans are meant to be profitable. Indeed, various organizations bid on providing care under Medicare Advantage. The they have to meet whatever their bidding targeted them. Denial of […]

I just finished reading “Atoms to ashes: A global history of nuclear disasters” by Harvard history professor Serhii Plokhy. The book provides detailed accounts of six major nuclear accidents: • The Castle Bravo Test (1954), a hydrogen bomb test on the Bikini Atoll that was more powerful than expected; • The Kyshtym Disaster (1957), a […]

Xi’s China is so far defying gravity. Despite its history of despotic autocratic party rule, Xi has managed to govern in a way that has promoted economic strength while projecting international resilience. Xi has kept his eye on the ball, while Trump has kept one eye on the mirror and the other on Fox News, […]

Charles has taken on the task of telling people or warning people about the increasing ACA payments will be if the subsidies drop to 400% FPL from the present 600% FPL. If you remember former President Biden increased the subsidies allowing for people to maintain healthcare during the time when companies were furloughing employees during […]

Briefly, this is a report pre-October when Tru_p’s tariffs were having a bigger impact on the economy than earlier months. Gasoline was up and now it is down in the West. Supposedly a refinery will be closing which initially will have an impact until things smooth out. Income is still skewed to the upper bracket […]

As a former Michigan resident (now residing in another state), I know of Charles rather well having exchanged emails once and a while. I also read his commentary on ACA Signups. He is also a resident of Michigan when we were living there. If I did not have an answer on healthcare, I would go […]

 – by New Deal democrat Despite the government shutdown, the FHFA did publish its repeat home sales index this morning. And since the S&P Case Shiller index is from a private entity, that was published as well. Between those two and the NAR’s existing home sales report, we still have pretty good visibility into that 90% […]