Some Points . . . Healthcare services slight increases as a share of total consumer spending in the quarter, rising from 15.9 percent to 16.0 percent of total consumption and down from 17+ percent. Hopes are healthcare stays at that rate. Structure investment increases at a 9.7 percent annual rate after growing at a 15.8 […]

Delightful story on how US pharmaceutical companies shift profits overseas. And US citizens are paying the highest prices globally for lifesaving meds which other countries our paying roughly one third. Pharma is also shifting their profits overseas and minimizing US taxes or tax avoidance. One way to avoid taxes is to move intellectual property to […]

This article came by way of Dale Coberly. In particular, Dale thought making student loans the responsibility of universities rather than students was enlightening. Florida Gov. Ron DeSantis unveiled a new economic plan Monday as part of his 2024 presidential bid that includes a goal of easing the path for student loans to be discharged […]

“About 90 minutes before the Michigan Supreme Court ruled Monday the cuts in payments to healthcare givers of badly injured motorists don’t apply to those injured before June 2019, one of those survivors died in a Farmington Hills hospital following a two-year struggle to maintain his quality of life and health. Sixty-four year old Brian […]

I’m a molecular biologist who also has an undergrad degree in microbiology. Those facts and the additional facts that (a) I was in the Moderna phase III trial and (b) my medical school is one of ten NIH designated vaccine testing and evaluation units made me an avid student of the unfolding COVID-19 story. Given […]

I guess one could get by on this salary if one were frugal, could find low-cost housing, maybe used public transportation, ate cheaply, etc. There is not much room for anything else. And yet people still manage to do it. As EPI details, Nineteen percent of workers (9.76 million workers) in 20 states are paid […]

The Fed’s Target Is Workers, Project Syndicate, James K. Galbraith, January 2022 A year and a half later and the Fed is still trying to slay the dragon. They stab it with their steely knives, But they just can’t kill the beast. So it seems, the Feds losing battle is with Labor, direct Labor is […]

I suspect that at the end of July, just about every expert globally will be looking for reasons why July’s climate will potentially be the hottest month experienced since we started to keep records. The U.S. has broken more than 2,000 high temperature records in the past month. The United States is long overdue in […]

For those old enough to remember the 1960s, the denials of the oil companies these days have a certain ring. Back then smokers were dying and the tobacco companies lying. Then Bogie, Ty, Errol, Clark, and Coop. Finally, it was all too much. Hollywood was good at dying. But, the real thing? Reality hits. Big […]

I came across this article on Steve Hutkins’ “Save the Post Office.” There has been a political effort to redefine the USPS into more of a business model and something it was never meant to be. Right now, the USPS is beginning to reimage its model and existence as led by Postmaster Louis Dejoy. There […]