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

DEATH OF TRUTH and SOCIAL SECURITY (3)

Part Three of a commentary (broken into parts) about Social Security. Dale Coberly discusses with AI (Artificial Intelligence) Social Security. The topic about Social Security? How it can be saved as it is today without major cuts to it. This is really hard to discuss with people. Many believe it would take a vast amount […]

Many Generic Medications can be Sold at a Fraction of Current Prices

“Pharmaceutical Pricing: JAMA Talks with Mark Cuban on Public Health,” JAMA, JAMA Network Dr Bibbins-Domingo: You’ve basically shown that many generic medications can be sold at a fraction of current prices. In health care terms, what does this tell us about the market? Mr Cuban: It tells you that it’s not an efficient market…You mentioned [Cost Plus […]

Claiming a Golden Age

“Rhetoric Is Not Reform: The Good Life Can Not Be an Applause Line,” Roosevelt Institute In his State of the Union address, President Trump claimed a “Golden Age of America,” insisting the economy is “roaring like never before” and pointing to market highs and headline indicators as proof. But people don’t live inside a speech. […]

SCOTUS Tariff Decision Extends Far Beyond Tariffs

The court’s decision says Trump can not work around Congress by making decisions without Congress agreeing. “The Supreme Court’s tariff decision extends far beyond tariffs” It stops Trump from deciding not to spend money Congress appropriated, and from going to war without Congress’s approval Robert Reich Friends, A 6-3 majority of the Supreme Court decided […]

The peace president goes to war

The overclocked 8th grader in the White House has decided that the path to the Nobel Peace Prize lies through war. “The strikes opened a stunning new chapter in U.S. intervention in Iran and marked the second time in eight months that the Trump administration has used military force against the Islamic Republic. They came […]

Construction spending mainly flat nominally and declining in real terms, except for AI data center-related Boom

– by New Deal democrat Before I get to the main object of this post, there was a little kerfluffle in the financial markets this morning about a “hot” producer price index number. Specifically, PPI for final demand increased 0.5% in January. Commodity prices also increased 0.3%. The YoY% changes were 2.8%, although raw commodity […]

Immigrants are Using Less Welfare than US Citizens

In that respect, the title is correct. Immigrants whether legal or not do not use more welfare than U.S. citizens. That they do use welfare benefits can be an issue to many. However, I believe we should look more at the economic impact immigrants have on the economy whether they are legal or not. As […]

Taking A Stand that Will Hurt

A problem of ethical values when a person of power threatens a person or company to get them to do something they want done. Typically, it is an action by the weakest of people who by themselves can not stand alone. One company Takes a Stand Against Pete Hegseth, The Atlantic Anthropic PBC is an […]

DEATH OF TRUTH and SOCIAL SECURITY (2)

Part Two of a commentary (broken into parts) about Social Security. Dale Coberly discusses with AI about how Social Security can be saved as it is today and without cuts to it. This is really hard to discuss with people. Many believe it would take a vast amount of money in the form of taxes. […]

Annoyed with the Actions of a Sovereign Country?

then just kidnap their leader . . . Economist David Zetland presenting a way to solve economic and political problematic issues . . . kidnap the country’s president. David Zetland The one-handed economist Plot: Twist: Kidnapping a president So Trump and his fellow-geniuses appear to think they’ve “hacked” the dilemma of diplomacy: If you’re annoyed […]