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

Obamacare plans bring hefty fees for certain drugs? Really? Well … it depends on what the meaning of “bring” is.

MIAMI (AP) — Breast cancer survivor Ginny Mason was thrilled to get health coverage under the Affordable Care Act despite her pre-existing condition. But when she realized her arthritis medication fell under a particularly costly tier of her plan, she was forced to switch to another brand. Under the plan, her Celebrex would have cost […]

Self-evident water delusions

by David Zetland (is a ‘water’ economist who blogs at Aguanomics) re-posted Self-evident water delusions BB sent this press release from California Congressman McClintock, to which I will give a few reactions… Self-Evident Water Truths (February 27, 2013 to ACWA) Water – particularly in California – has become such a complicated tangle of competing interests […]

Try Something Different, Dems. Like Actual Defense of the ACA. There’s Nothing to Lose But Loss Itself. Really.

Reader Alex Bollinger posted this this morning in the Comments thread to this post of mine from yesterday: Not only would low-info voters benefit from actually knowing that the ACA is doing good, but a few lefties could use a reminder that it’s not just a neoliberal gift to the insurance industry. I responded: Yes, Alex. […]

PRESS RELEASE: Angry Bear Offers Dem Pols Free Political Consulting Service. Free!

Here’s our offer.  It’s a very good offer.  And a serious one.  Seriously. (Yeah, I’m venting my frustration.) Who, the HELL, is running the House and Senate Campaign committees? My guess: People who have some personal or financial connection to the usual-suspect Dem consulting firms. Or who just can’t even imagine that, y’know, maybe it’s […]

Here’s what “unaffordable” long-term leukemia care ACTUALLY looks like, Ms. Boonstra. And Rep. Peters.

Just when I thought I’d written my last post on Julie Boonstra, I read Kenneth Thomas’s post below, from Sunday.  The only comment to that post–mine, which I just posted–reads: How very, very, very sad that there was no ACA during his years of leukemia treatments and hospitalizations, and that we still do not have […]

Millennials and Social Security…it is already included in the plan

Dean Baker at the Center for Economic and Policy Research offers a smackdown of Abby Huntsman’s warnings to millenials on MSNBC. For today I want to highlite several points. Dean Baker offers essentially Dale’s Northwest Plan as a way to deal with any problems of funding. Center for Economic Policy and Research lifted from an […]

Okay, so why was Julie Boonstra advocating for lower-cost oral chemotherapy treatment in Washington when she was getting that medication for a set, low monthly price under the insurance plan she liked and did not want to part with? Was she concerned about reaching her annual or lifetime coverage cap?

Boonstra is the ex-wife of Mark Boonstra, the former Washtenaw County GOP chairman whom Gov. Rick Snyder appointed to the Michigan Court of Appeals in 2012. Julie Boonstra said she’s never been a political person beyond advocating for lower-cost oral chemotherapy treatment in Washington. [My boldface.] — Dexter cancer patient who called health care ‘unaffordable’ […]

The PPACA Penalty Fee in 2014 Misinformation

A lot of people think that all they have to pay is $95 in 2014 to get around the PPACA. The $95 penalty is true if you make < $19,650 in Household  income and this comes after your deduction of $10,150. The individual shared responsibility payment is capped at the cost of the national average […]

The Incredible Vanishing Takeaway from the CBO Report on Minimum Wage

I’m surprised that nobody highlights what for me is the key takeaway from that report. They predict, with a $10.10/indexed increase: Low-end incomes increase $19 billion. High-end incomes decline $17 billion. For a net GDI increase of $2 billion. Table 1, page 2: Pie gets bigger, all that rot. The increase is presumably explained by […]

Dean Baker on Piketty’s Capital: Or, How FDR Proved Marx Wrong

Thomas Piketty’s important new book, Capital in the Twenty-First Century, predicts a bleak future of increasing concentrations of financial assets in few hands, stagnant wages and labor share of income, and declining returns to capital — secular stagnation. He enunciates and demonstrates the part of Marx that Marx got exactly right. But Dean Baker points out where […]