I keep imaging a a bizarre format “lets make a deal” by Tr__p attempting to entice Iran to accept a cease-fire in what he calls a “deal.” No other president has offered up (so many) deals when he negotiates or legislates. Just to be clear. I am aware of Teddy Rosevelt’s Square Deal, then Franklin […]
– by New Deal democrat Yesterday I looked at the economically weighted ISM manufacturing and services indexes, pointing out that they have shown a rebound this year. Today let’s take a brief look at the regional Fed manufacturing and services indexes. Below are the manufacturing and services indexes, averaged over the four Fed districts whose […]
It has over 265 million active players. I did not play soccer. My sons and daughter did. I did get a “D” license and went on to referee classes. The Soccer Coach at University of Wisconsin ran the classes. Since I was working for Oscar Mayer at the time, I got the bun length hot […]
This is not new news. It goes back for years. Medicare Advantage costs more than Medicare. Much of this is due to price setting. Advantage plans will receive overpayments of approximately $76 billion Center for American Progress above what the same care would cost in traditional FFS Medicare. This is nothing new. It has been […]
– by New Deal democrat There’s no important new economic news today, so let’s take a somewhat deeper dive into last Thursday’s employment report for June. To cut to the chase, this is of a piece of my “Big Picture” narrative from Friday in which I wrote that most of the signals suggest and economy coming […]
Dean is discussing Fees being charged to people. On the other side is insurance costs. Car insurance took a jump this year and we barely drive 5000 miles a year. Homeowner’s insurance is another cost. If you have less than a 20% down mortgage? More likely than not, there will be a mortgage insurance tied […]
“How Invisible Capital Gains Drive Extreme U.S. Wealth Concentration: Evidence from Balance-Sheet-Complete Haig-Simons Accounting” Steve Roth @ Wealth Economics A dominant economic fact of the past half century is the extreme and increasing concentration of U.S. wealth into the hands of ever-fewer people, families, and dynasties, and the corporations (including banks, insurers, major media companies, […]
The United States of America at 250: the enemy of Republics is entrenched power – by New Deal democrat On America’s 250th anniversary, the state of the Republic is not good. Ten years ago, after the 2016 election, I embarked upon a reading journey, to seek an answer to the questions: are Republics fragile? Are they […]
Sounds like a strategy to me. Been to China multiple times. Interesting place to go. We would fly in Beijing. The plant manager’s vehicle along with two drivers would pick us up and take us to the plant in Tianjin. We would spend a few days there listening to the issues, taking notes, and discuss […]
This is a long commentary. However, it is very detailed. Charles Gaba explains the impact of Republicans allowing the enhanced federal tax credits to expire as well as other Trump Regime policy changes. Quite a few middle and low citizens dropped healthcare policies or took lower costs due to affordability. “How much more are ACA enrollees *really* […]