Trump has said that “tariff” is the most beautiful word in the dictionary. Last Friday, he announced his intention to shine that beauty on the American people. “Outside analyses make clear that Trump’s tariffs would hurt the voters that he intended to help, meaning that he might ultimately need to find a resolution. “An analysis […]
“Trump claims his policies will do just that, creating a new “golden age” that will lift most boats and more than make up for what people might lose in government largesse. Low taxes will trigger blowout growth; tariffs on imports will bring back millions of good-paying manufacturing jobs; unshackled workers aided by artificial intelligence will […]
More on How the Republicans will have to cut in order to keep the TCJA. Perspective: “Nearly 60% of mandatory spending is for Medicare and Social Security,” noted one expert. “If they don’t touch those, they’d have to cut Medicaid to the bone.” Call for $2.5 Trillion in Cuts Proves GOP Wants to ‘Steal Our […]
“Specialty Generic Drugs: A Growing Profit Center for Vertically Integrated Pharmacy Benefit Managers,” Federal Trade Commission A brief post or commentary on Pharmacy Benefit Managers (PBMs). For the Big 3 PBMs and their affiliated pharmacies during our study period from 2017 through part of 2022 specialty generic drugs represented a growing profit center. FTC analyses […]
Markg asked a question which I had thought about in the past, had it answered by someone else, moved on to something different, and quickly forgot the answer probably because it suited me. So, I went a looking to see what I could find as it interests me again also. And yes, Ken is correct. […]
– by Alan Collinge Medium The taxpayers have been repaid. A federally owned student loan, in fact, could be cancelled at little- or no actual cost to the taxpayers. Over the past two years, beltway defenders of the federal student loan program have overwhelmed the mainstream media with articles and essays nearly shrieking that student […]
Kevin Drum has a post up at jabberwocking.com about Trump’s proposed “External Revenue Service.” This agency, which would duplicate the work currently done by Customs and Border Protection, would allegedly be responsible for collecting tariffs from exporting countries. Only that’s not how tariffs work—they’re collected from US importers, who in turn pass them on to […]
r.j. sigmund:Toxic PFAs impacting Americans’ drinking water via treated wastewater: Study — Nearly 7 percent of Americans may be exposed to hazardous levels of “forever chemicals” through treated municipal wastewater, a new study has found. These approximately 23 million people may be consuming these toxic compounds, also known as per- and polyfluoroalkyl substances (PFAS), in their […]
Back in October, I posted that Elon Musk’s claim that he could cut $2 trillion from the federal budget showed he couldn’t do arithmetic. Evidently, Elon has finally acknowledged this, but he tries to make a virtue of necessity: “Elon Musk has walked back his previous claim that he could cut at least $2 trillion […]
America’s Forgotten Generation (of Prosperity) – by Paul Krugman Krugman Wonks Out How and why the postwar boom got memory-holed. So the don’t-know-much-about-history gang are at it again, asserting that the Gilded Age was an era of unique prosperity. I wasn’t planning on another post today, but this really needs addressing in a short note. […]