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

Covid testing failure and the state of American democracy

A little-noticed part of Biden’s covid address last night covered testing.  He promised to use the Defense Production Act to ramp up production of rapid tests, to make at-home tests available through retailers at cost, and to increase the availability of free pharmacy-based tests. (A few details here.) Making testing faster, cheaper, and easily accessible […]

Power and Power Brokers, Doing Right and Doing Good

Biden and the Press Commenter Dale Coberly: I ran across this in Salon newsletter,  “Your daily update from Salon” Written by Brett Bachman. “Buried deep in President Joe Biden’s Tuesday speech on America’s withdrawal from Afghanistan was a line . . . one of those uncanny truth-telling moments that Washington power brokers rarely indulge in: Biden: “This […]

About Medicare and the Costs of It

Everybody talks about Medicare, Medicare4All, Medicare Advantage. Few talk about costs or what Medicare consists of for those who qualify for it. How can someone be in favor of Medicare4All, if you do not understand what regular Medicare consists and what it costs. I am guessing most people believe it would be free. What if […]

nat. gas prices at 33 MO high; crude supply at 23 MO low; Ida shuts down Gulf

Focus on Fracking: natural gas price at a 33 month high; US crude supplies at a 23 month low; Ida shuts down Gulf Blogger RJS, MarketWatch 666 Oil Prices Oil prices ended slightly higher this week as oil traders apparently judged that Hurricane Ida’s damage to oil production was greater than the storm’s damage to […]

Spending and Producing

Spending and Producing When a framing becomes ubiquitous you forget it’s a framing.  This is what popped into my head when I read a headline this morning about the infrastructure bills pending in Congress: Democrats Hit the Road to Sell Big Spending Bills as Republicans Attack. Yes, they are proposals to spend money; that’s one way to look […]

Trade Deficit Fell 4.3% in July and 2nd Quarter Deficits Were Revised

Trade Deficit Fell 4.3% in July After 2nd Quarter Deficits Were Revised Lower, MarketWatch 666 blogger RJS Our trade deficit fell 4.3% in July as the value of our exports increased while the value of our imports decreased slightly….the Commerce Dept report on our international trade in goods and services for July indicated that our seasonally adjusted […]

Analytical Bias

Analytical Bias The world is made up of systems.  Our body is a system, or in fact a system of systems.  What we call “society” is another system of systems, as is the natural environment.  And all these meta-systems are themselves elements in even more encompassing systems that interconnect them.   But these systems are very […]