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

State Supreme Court takes to Task the U.S. Supreme Court

As you read this Slate article, this is something I was also thinking about. How did SCOTUS arrive at its decision and what was the basis or history supporting its decision? SCOTUS was interpreting what they thought it should be. Thomas was telling judges to study the history of gun control before they arrive at […]

trump’s TCJA Made the Tax System, Tax Season More Burdensome

In Angry Bear’s commentary Looking at the Trump 2017 Tax Breaks, we examined exactly what the TCJA did for citizens. By the end of 2025, the TCJA would add to the deficit an ~$2.2 trillion. If extended, we can expect another $1.5 trillion. Special exempts were written into the bill so those (business interests) who […]

Mark Cuban’s Cost Plus Drugs Plan

Mission of Mark Cuban Cost Plus Drugs The following is Mark Cuban’s pitch on supply drugs. If you do not have healthcare insurance which pays for drugs you more than likely going to pay list unless you have a drug store discount such as GoodRx. Mark Cuban talking pharmaceuticals and costs: We started Mark Cuban […]

Jamie Dimon wants to help poor people by . . .

Jamie Dimon says lower-income people need more help and he’d ‘pay for it by taxing the wealthy a little bit more’ Fortune Taxing the Rich? If he really wants to help the poor? Allow the tax breaks for individuals in the upper 20% sunset. reverse the tax breaks, and tax income from foreign enterprises. A […]

In-Box Topics Which May be of Interest

Topical Emails from all different sites. Pulled from my In-Box and which I have no time to write about. Thinking, they still may be of interest to readers who visit Angry Bear. Please be topical or at least close. Healthcare Our Healthcare Data Infrastructure Is Abysmal, MedPage Today, John (Xuefeng) Jiang. Is our healthcare data […]

Total Income, and the Collapse of the Household Labor Share

The decline in workers’ share of the total pie is far more extreme than standard measures suggest. Total Income, and the Collapse of the Household Labor Share, Wealth Economics, Steve Roth The best way to start this post is with a graph that many will find surprising, even eye-popping. The graph kind of speaks for […]

Banks and Private Equity Cash in When Patients Can’t Pay

It is bad enough with high healthcare costs for doctors, hospitals, medicines, care, insurance, etc. But when all of them start to allow you credit so they can collect their moneys leaving you to fend for yourself, it becomes outrageous. A common interest rate for payment plans is 16% to 19% with private equity. It […]

Fixing the 340B Program, a Critical Safety Net for Uninsured and Low-Income Patients -Part 1

Angry Bear has posted about the 340B Drug Pricing program several times now. What is key to this program is it making available medicines which are out of reach for those who are lower income and uninsured patients. However, the program is being used to divert funding to other hospital facilities. Some are going as […]

Social Security The Wall Street Journal And The Art of Lying

Dale Coberly discusses an article written by Andrew Biggs “No, Social Security Isn’t ‘Earned’,” WSJ [Dear reader: this is very long. It had to be to refute all the claims made by the author of the WSJ op ed.  You don’t have to read it if you don’t want to, or all of it, or […]

Chatting With AI On Better Government

J.P. at J.P. McJefferson blog took up a rather interesting conversation with AI/ChatGPT. J.P. McJefferson: Chatting With AI On Better Government, jpmcjefferson.blogspot.com. ME What ideas do you have for improving U.S. governmental decision-making? ChatGPT Improving U.S. governmental decision-making is a multifaceted challenge that involves addressing various aspects of the political process. Here are some ideas […]