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

Elon Musk: A trillion here, a trillion there; whatever

Back in October, I posted that Elon Musk’s claim that he could cut $2 trillion from the federal budget showed he couldn’t do arithmetic. Evidently, Elon has finally acknowledged this, but he tries to make a virtue of necessity: “Elon Musk has walked back his previous claim that he could cut at least $2 trillion […]

What is Happening in 2025 with Healthcare

A plus now and a potential negative year end. January 8, 2025: ACA Open Enrollment is, was running over 16% ahead (I am sure it increased) of roughly the same point a year earlier in 2024, On January 8, the Centers for Medicare & Medicaid Services (CMS) announced “Nearly 24 Million Consumers Have Selected Affordable Health Coverage in […]

How can the political opposition deal with a political Supreme Court?

In his year end report, Chief Justice Roberts called out “threats to defy lawfully entered judgments”. President Andrew Jackson reportedly said, in response to a Supreme Court ruling regarding the rights of the Cherokee Nation,  “The Chief Justice has made his ruling.  Now let him enforce it.” Chief Justice Charles Evans Hughes asserted, the Constitution […]

Twenty-six percent of Labor in the lowest 10% of wage earners had access to employer healthcare plans 

Compare the above numeric in the title to the 96% of employees in the highest 10% of wage earners. having access to employer sponsored healthcare. In 2022, seventy percent of private sector workers had access to medical care benefits. Less than half of them obtained coverage that way (a take-up rate of just 66%). As […]

What Data Tell Us About the Immigrants Coming to and Already in the United States

Key findings about U.S. immigrants. Look at the first chart, you will see this is not the first time so many immigrants are arriving in the United States. What is occurring today is less than what occurred in 1890 (first paragraph) as a percentage of the present population. The United States has long had more […]

Shadow Cabinet

A Positive Form of Opposition Thinking about… I like this by Tim Snyder When I moved to Great Britain to study, I found the politics very exciting. The parliamentary system was different, so that new elections immediately led to new governments. The press was excellent but political, so that one could read the newspapers and […]

Monday is the Big Day

The next couple of years should be interesting as people wake up and realize what they did to themselves. Read on . . . The last time a presidential vote was certified, the losing incumbent attempted a coup against the United States. We must never forget his treachery. A day that shall live in infamy, […]

Veterans Administration Spending is 3.5% of all Federal Spending

The Department of Veterans Affairs spent $301 billion in fiscal year 2023, a 70% increase over the past decade. It is one of the smallest expenditures of the US budget. Just some brief factual data. How much does the VA spend? USAFacts The Department of Veterans Affairs (VA) is the fifth-largest spender amongst federal agencies, […]

U.S. International Investment Position, 3rd Quarter 2024

One take on the BEA report that I read was as follows: “The US economy has had the strongest recovery from the COVID-19 pandemic of any major developed economy. Annual inflation is approaching the Federal Reserve’s target without a recession, non-managerial real wages have exceeded pre-pandemic trends, consumer spending is continuing to exceed expectations, investment […]