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

Defunding the US Department of Education

“The federal government provides roughly 14% of funding for public K-12 education, with states and local governments contributing the majority. This federal funding can vary significantly from state to state.” Federal public education funding is equivalent to 0.51% of total taxpayer income. Yikes, that is alot! The Department of Education has a budget of ~$104 billion. […]

How One Company Lost Out to the PBMs

Walgreens does not set drug prices; the Insurance companies do. And there is the issue. Insurance company’s contract the PBMs to negotiate with the pharmacy chains such as Walgreens or CVS. They establish the pricing contract on covered drugs and what portion those pharmacies get reimbursed in return servicing their customers. Walgreens felt it did […]

Pitiful, Contemptible . . .

Holding young musicians accountable for their race, color, etc., not allowing them to express themselves in music. The United States Marine Band was founded in 1798. Thomas Jefferson gave it its nickname, “The President’s Own.” Today, 135 Marines still perform the score of the White House from parties to inaugurations. So, there was excitement, last […]

DOGE Cuts Fail to Stop US Spending Hitting a Record. Yeah, Like Cuts are Going to Make the Difference

Elon Musk’s DOGE Cuts Fail to Stop US Spending from Hitting Record, Newsweek. Instead for a $2 trillion increase in tax income, repeal the 2017 tax break. It will hit the upper 10% in income the hardest. Aggressive efficiency push failed to curb soaring federal spending, which hit a record $603 billion last month, according to […]

‘Schumer Must Resign’ as Senate Dem Leader?

Democrats agreed to invoke cloture on the continuing resolution (CR) in exchange for considering four amendments to it. Republican senators then swiftly rejected the amendments. I am not sure why Dems seem to always get sucked into deals and lose. After Republicans agreeing to review Dem amendments to the bill, eight Democrats voted with Republicans to pass […]

Uncertainty Could Cost the US Auto Industry

This has been covered before and I will repeat it. The auto industry as it is, is fragile and any political or economic threats could cause it injury with the tiers supplying its part and in sales. It is vastly interconnected with domestic and foreign supply chains. The tiers usually wait to be paid. When […]

The North American Automobile Industry Waits for Trump and the Gov. to Act

China, China, China. China is not the only offshore manufacturer of automotive wire harnesses, plastic parts, stampings, etc. There is also Malaysia, Thailand, Philippines, etc. I know because I was tasked with visiting our plants as a supplier of US materials and parts. Yes, China is in the mix and I would fly into Beijing […]

Families Struggle Paying for Child Care While Working

Finding a reputable child care facility or person to watch your child or children has become more difficult and costly. The EPI articles compares the cost to other items as well as costs in each state. For low wage workers the costs have become unsustainable. Policymakers have been pushing for addition sources for preschool care. […]

Know Nothings

“The New Know Nothings’ wrecking ball” – by Merrill Goozner GoozNews Pictures from this weekend’s Stand up for Science at the Lincoln Memorial sent me scrambling for the history books. Thousands turned out to protest the cuts in science funding ordered by the New Know Nothings: A president who declares global warming a hoax; a […]