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

Hidden in the Reconciliation Bill, a Mandate

Michael Smith on the Open Thread: “‘Found this interesting. Tucked in the reconciliation bill they want to mandate employers with 5+ employees to contribute up to 10% to an IRA. Failure to do so is ‘taxed’.”  Hidden In The Reconciliation Bill: A Retirement Plan Mandate That Will Take Most People By Surprise, Forbes, Elizabeth Bauer, […]

Pharmaceutical Revenue U.S versus the Rest of the World

UNITED WE SPEND For 20 Top-Selling Drugs Worldwide, Big Pharma Revenue from U.S. Sales Combined Exceeded Revenue from the Rest of the World, Public Citizen, Rick Claypool and Zain Rizvi, I have written on the high prices of pharmaceuticals in the past on Angry Bear, pointing to a WHO report which showed the costs laid […]

IMCA sets New Medicare Age at 60

Improving Medicare Coverage Act – H.R. 5165 Medicare – Improving  Medicare Coverage Act; H,R, 5165, September 3, 2021 130+ House Democrats are co-sponsoring a bill by Pramila Jayapal, the Improving Medicare Coverage Act. The impact of which would drop the Medicare eligibility age to 60 years of age. All well and good, it is about time […]

USPS Small Banking Services Initiated

Briefly, with more info being found at The American Prospect by David Dayen (link below). The USPS has initiated check cashing service for a minimal fee. And Louis Destroy the USPS DeJoy has bought into this service. The pilot was launched on September 13 (?) in four locations: Washington, D.C.; Falls Church, Virginia; Baltimore; and […]

Joe Manchin believes Income Inequality is not a problem

Does Joe Manchin Believe That Income Inequality Is a Problem?, Horizons, Nancy LeTourneau’s big picture looks at politics and life Nancy was one of the regular writers at Washington Monthly. She had well – written fun reads, some of which I disagreed with in my numerical way. I am a numbers guy. The editors of […]

Healthcare News from My Inbox

Various articles which may interest Angry Bear readers. Supply chain disruptions may last into 2023 & more (beckersasc.com) Seven Supply Chain by Beckers ASC Review. For example: “Many companies that pivoted their business plans early in the pandemic to respond to shortages of medical supplies are now facing severe financial consequences.” I Got Moderna. Can I Boost […]

stare decisis — Latin for “to stand by things decided.”

I am no attorney. However my experience has caused me to learn the law an how it applies to us. I have learned attorneys are not necessarily honest with plebeians, You know us butchers, bakers, candle stick makers or collectively anyone at all. As a just-out-of-boot-camo Marine private, I can remember one Corporal saying this […]

Job Growth Twice as Fast in States Retaining UI

August Job Growth Was Twice as Fast in States That Retained UI – “People’s Policy Project,” Matt Bruenig, September 21, 2021 I ran across this author and his site while reading a commentary (referencing Matt Bruenig’s story) on McDonalds experience in Denmark at Yves Smith’s Naked Capitalism. Since my background over 40 odd years has […]