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

MAHA

Look, if they were serious about making America healthy, here is a short list of things Congress and the Administration can do: • restore and expand Medicaid benefits; • restore and expand SNAP; • eliminate the Medicare Advantage plans; • support and expand childhood vaccinations; • replace our current nightmare of private insurance with single-payer, […]

June CPI: an apparent point of transition

 – by New Deal democrat We are at somewhat of an inflection point as to consumer inflation. On the one hand, the post-pandemic inflationary effects continue to fade. But on the other, we are waiting for the effects of Tariff-palooza!  In June the waning post-pandemic effects continued to dominate, as the only items still rising […]

Physicians in Congress Voted mostly Against the BBB . . . Not

How did physicians align to Tr__p’s “Big Beastly Bill”? As you can see it was along political lines except for one Republican physician. One might think, all physicians would agree, the cutting of funding to pay for Medicaid and the expansion will cause issues. This is not only for medical personnel taking care of patients. […]

Another anti-vaxxer shibboleth bites the dust

One anti-vaxxer conspiracy theory holds that thimerosal, an ethylmercury preservative once used in childhood vaccines, caused the dramatic increase in autism diagnoses in the past 20 years. In addition to the fact that the amount of ethylmercury in vaccines is miniscule and rapidly cleared from the body, thimerosal was discontinued in childhood vaccines back in […]

Tampering with the Department of Education

The funding was already been allocated by Congress for July 1, 2024. The Department of Education has taken it upon themselves to withhold those funds already allocated and approved for disbursement for July 1. Former WWW executive and now Department Secretary of Education Linda E. McMahon has taken it upon herself to withhold the funding. […]

“Robin-Hood-in-reverse” policies

A partial of a much longer piece by Bruce Lesley. Health and food policies for low-income people and families will suffer under Tr__p’s take from the poor and give to the rich, the richest 10% of the nation in income. There is always day-old cake or bread to be had if they shop the corporate […]

Not Accepting Federal Funding to Prevent Appearing as Being Bought by the Feds

Federal Funding and Politics, and Safety? When does the latter out-weigh the former? A Texas county devastated by deadly flooding earlier this month had rejected federal funds in 2021. Funds that could have helped install a flood warning system. However, local officials and residents were arguing they didn’t want to be “bought” by the Biden administration. As far back as […]

Dollars, deficits and debt

David Zetland, The one-handed economist The US dollar (USD) is the world’s currency of exchange, debt investment, and reserve currency. These different roles are often merged in our heads because they’ve been synonymous for decades, but the wheels are falling off and those roles — I think — will unbundle. I’m going to explain, but […]

Putting markers down: what will it take for my forecast to activate a “recession watch?”

 – by New Deal democrat Our data drought won’t end until next Tuesday. In the meantime, let me follow up on a theme from my analysis of the economic data from last week. To wit: there are several metrics that I have already stated are worth a “recession watch;” namely, housing units under construction (down almost […]

Jobless claims continue to suggest weakness but no downturn

 – by New Deal democrat We finally have some new data this week – the usual, jobless claims. Initial claims declined -5,000 for the week, while the four week moving average declined 5,750. With the usual one week delay, continuing claims, on the other hand, rose 10,000 to a new 4.5+ year high of 1.965 […]