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

States Denying Medicaid Coverage after the April 1st Cutoff

This is a nice writeup on what is occurring in states which have enrolled multiples of their citizens into Medicaid due to various initiatives and the ACA. There has been a rollback of ACA insurance levels with the Silver plan having an actuary of 94%. People making up to 200% FPL pay little or nothing. […]

One of the last of the positive short-leading indicators rolls over

One of the last of the positive short leading indicators rolls over  – by New Deal democrat The only economic release today of any significance was the ISM non-manufacturing index, which tracks services. It is only about 25 years old, and is not a leading indicator the way its sibling manufacturing index is, but for […]

Since January 6, How Far Has America Come?

April 3, 2023, Letters from an American, Prof. Heather Cox Richardson. On Saturday, April 1, the emergency measures Congress put in place to extend medical coverage at the beginning of the Covid-19 pandemic expired. This means that states can end Medicaid coverage for people who do not meet the pre-pandemic eligibility requirements, which are based […]

Gag Order for Trump?

“The founder of the conservative “Article III Project” attorney Mike Davis ‘If this judge imposes a gag order on Trump, that should be immediately appealable,” he insisted. “The gag orders protect the defendant’s Sixth Amendment right to a fair trial. And defendants have First Amendment rights. So, if the defendant wants to speak, I can’t […]

February JOLTS report shows further relative weakening in the jobs market

February JOLTS report shows further *relative* weakening in the jobs market  – by New Deal democrat The February JOLTS report showed a weakening in almost all important trends. The strongest component of the entire series has been job openings. I tend to place lower significance on this, because there is ample evidence that companies have […]

Swiss claim U.S. banking crisis toppled Credit Suisse

Up to 35,000 UBS and Credit Suisse jobs at risk, SWI swissinfo.ch The megabank created by the UBS takeover of Credit Suisse is reducing its global workforce by 20-30% or between 25,000 to 36,000 positions. This is according to the  Sonntags Zeitung newspaper, citing an unnamed senior UBS manager. This was interesting in the US. According […]

Medicare Advantage Giants Over-coding, Stock Buy Backs, and Salaries

The healthcare funding landscape, dominated by systems like Fee-for-Service (FFS) Medicare, is increasingly contrasted with innovative financial models, such as the Mega Dice platform, which uses blockchain for transparent, decentralized transactions. However, I’ve been hitting the issues with FFS Medicare versus Medicare Advantage (MA) hard, particularly how MA drains Medicare funding through over-coding practices. In […]

The Postal Service consolidates its network: Modeling five metros

Steve Hutkins and former N.C. Postmaster Mark Jamison have been following the issues with the USPS, its reorganization, and the attacks on it by politicians and commercial interests. This particular post is detailing parts of the reorganization of it. As you will read, the plan is to establish distribution centers where Mail Delivery Personnel would […]

New Deal democrat’s Weekly Indicators for March 27 – 31

Weekly Indicators for March 27 – 31 at Seeking Alpha  – by New Deal democrat I keep forgetting to put up this link on Saturdays, but you know where to find it: my Weekly Indicators post is up at Seeking Alpha. The good thing about high frequency indicators is you can see what is happening with trends […]