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

Who pays?

Recently, Anthem BCBS rescinded its policy of limiting the amount of anesthesia it would pay for during operations. The policy conjured images of patients waking up before the end of their operations, or later being confronted with unexpected bills. But allegedly, that’s not the intent: “Anesthesia services are billed partially on the basis of how […]

The case for accelerating inflation is weak

 – by New Deal democrat No economic news again today. Tomorrow we will get the CPI report for November. As to which, I have read a few posts in which the claim is made that inflation, especially core inflation, is picking up again. It certainly could happen, but in my opinion the evidence for such a […]

With a Decline in Interest Rates, Home Sales Went Up in October

I believe it was about 4-5 years ago, we decided to move from our of 2600 square feet on 2/3rds of an acre. We also wanted to get to some place warmer. We did eventually do both and not exactly where we wanted. The first year we went exploring in the areas around Phoenix and […]

Two-Thirds of the Growth in High Intensity Hospital Stays Not Explained by Changes in Patient Demographics or Pre-Existing Comorbidities

This is something Angry Bear has been following for a few years. A person may go to the doctor for one issue and the office wants to expand the visit to other supposed issues. An example being having a comprehensive blood test two months previous and their wanting to repeat the same blood test. The […]

A Measure of Poverty in the United States

We often talk about poverty and people living in poverty as measured by the government, Then, we set policy with regards to them. We never quite realize the impact of the programs on the people on the receiving end. A brief recital of facts and figures in charts. I also do not believe we get […]

The death of free trade?

Robert Kutner has a paywalled article in The New York Review of Books about the history of free trade and the efforts since Trump’s first term to impose tariffs, particularly on China, beginning with the first Trump Administration. “Free trade ideology once aligned with America’s economic and security interests. After World War II, open markets […]

New Deal Democrats Weekly Indicators December 2-6

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. This week whipsawed the data that was heavily influenced by Thanksgiving week.  The tone of the short leading and coincident data remains positive. The negativity of much of the long leading data is becoming more problematic. As usual, clicking over and reading […]