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

The bank crisis is the latest argument to expand Postal Service banking

An April 20th commentary pulled off of Steve Hutkins’ “Save the Post Office Blog.” Prof. Hutkins tracks what is going on with the USPS, what PG Louis DeJoy is up to, and the transition of the USPS to what DeJoy believes is a profit center and supposedly better than the present. Except the plan is […]

New Deal democrats Weekly Indicators for May 29 – June 2

Weekly Indicators for May 29 – June 2 at Seeking Alpha  – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Much like yesterday’s employment report, which showed a deep bifurcation between the Establishment and Household Surveys, the economy as a whole is also showing a deep bifurcation between elements well into recessionary […]

Fee For Service versus Fee For Value Healthcare

The following definitions I found in the article “What Kaiser’s Acquisition of Geisinger Means For Us All,” Forbes, Robert Pearl M.D. May 31, 2023 There are a couple of terms within the article which I would like to point out. Fee For Service and Fee For Value. For clarity, Traditional Medicare uses Fee For Service methodology […]

Debt Ceiling Agreement better than House Bill, Harmful Provisions still Remain

There are many things which could be cut in the present Debt Ceiling bill which alleviate the unnecessary need to cut assistance to those who need it. Food assistance for very low-income older adults is not one of them. A million or so of older adults aged 50-54 will or are now at risk of […]

Value-based payment has produced little value. It needs a time-out

Kip Sullivan sent this article to me a while back and it was posted. I am starting to see more activity on Value-based-care as an alternative to Fee For Service. The question arises as to how does one measure value received from the care under this regime. It is difficult to measure the value and […]

April JOLTS report noisily shows continued deceleration

New Deal democrat has been doing JOLTS reports for a long time. Some of you may understand what NDd is discussing and some may not. Just a quick one liner to help you understand why this is important. JOLTS is a monthly survey of U.S. job vacancies, hiring, and job separations released by the Bureau […]

What Happened To Paying Off The National Debt?

A week ago, this commentary by Bill McBride was up on Calculated Risk. A bit of history dating back to 2001. A very timely post and one which fits in with what was happening today with the National Debt. Take note of who was pushing less stringent regulation, tax cuts, etc. It will pay for […]

The Relative Value Scale Update Committee is secretly setting physician prices

I should have plaque on the wall of some hospitals stating I was there and we (the hospital) made out like bandits. Some of the procedures and meds they do and give me are not in your average Tylenol category. Not much I can do about it. Merril at GoozNews posted this exposé on how […]