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

Many Generic Medications can be Sold at a Fraction of Current Prices

“Pharmaceutical Pricing: JAMA Talks with Mark Cuban on Public Health,” JAMA, JAMA Network Dr Bibbins-Domingo: You’ve basically shown that many generic medications can be sold at a fraction of current prices. In health care terms, what does this tell us about the market? Mr Cuban: It tells you that it’s not an efficient market…You mentioned [Cost Plus […]

Claiming a Golden Age

“Rhetoric Is Not Reform: The Good Life Can Not Be an Applause Line,” Roosevelt Institute In his State of the Union address, President Trump claimed a “Golden Age of America,” insisting the economy is “roaring like never before” and pointing to market highs and headline indicators as proof. But people don’t live inside a speech. […]

SCOTUS Tariff Decision Extends Far Beyond Tariffs

The court’s decision says Trump can not work around Congress by making decisions without Congress agreeing. “The Supreme Court’s tariff decision extends far beyond tariffs” It stops Trump from deciding not to spend money Congress appropriated, and from going to war without Congress’s approval Robert Reich Friends, A 6-3 majority of the Supreme Court decided […]

Immigrants are Using Less Welfare than US Citizens

In that respect, the title is correct. Immigrants whether legal or not do not use more welfare than U.S. citizens. That they do use welfare benefits can be an issue to many. However, I believe we should look more at the economic impact immigrants have on the economy whether they are legal or not. As […]

Taking A Stand that Will Hurt

A problem of ethical values when a person of power threatens a person or company to get them to do something they want done. Typically, it is an action by the weakest of people who by themselves can not stand alone. One company Takes a Stand Against Pete Hegseth, The Atlantic Anthropic PBC is an […]

DEATH OF TRUTH and SOCIAL SECURITY (2)

Part Two of a commentary (broken into parts) about Social Security. Dale Coberly discusses with AI about how Social Security can be saved as it is today and without cuts to it. This is really hard to discuss with people. Many believe it would take a vast amount of money in the form of taxes. […]

Annoyed with the Actions of a Sovereign Country?

then just kidnap their leader . . . Economist David Zetland presenting a way to solve economic and political problematic issues . . . kidnap the country’s president. David Zetland The one-handed economist Plot: Twist: Kidnapping a president So Trump and his fellow-geniuses appear to think they’ve “hacked” the dilemma of diplomacy: If you’re annoyed […]

More clarity in jobless claims: both post-pandemic seasonality and regime change at work

 – by New Deal democrat As we move further into the calendar year, we are getting more clarity on what has been happening with jobless claims. As a reminder, I look at these because historically they have been a good short leading indicator for the unemployment rate and more broadly for the economy as a whole. […]

Blocking Flu Shots

Started at the end rather than the beginning . . . Blocking Flu shots does not make much sense as Flu Shots are nothing new. The big issue is whether they chose the right vaccine for what will happen each year. “The Journal notes Moderna was one of nine companies to have received a surprise […]

Trump Tariffs, Who Pays?

Warning: Today’s Post Will be even Wonkier Than Usual . . . Until recently the question of who pays tariffs (Paul Krugman) wasn’t controversial among economists. The overwhelming consensus was that under normal circumstances tariffs — taxes on imported goods — are passed on to consumers in the form of higher prices. There are caveats […]