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

Drugs that cost money and save money

Big Pharma has become a familiar whipping boy in the debate over healthcare costs. CAR-T therapies to treat certain cancers, for example, can cost between half a million and a million dollars for a single treatment course. What’s the prospect of a cancer cure worth to you? GLP-1 receptor agonists like semaglutide (Ozempic, Wegovy) and […]

Did Costs Really Increase as Much as Prices Did?

Commenter Jane on the News Media Lying to the Public Commentary I know that things cost more now.  Much of that has nothing to do with what the federal government does or does not do.  The government did not force suppliers to raise their profit percentages when their costs went up, that was just greed […]

Housing Shortage, Housing Bubble, Soft Landing, FED Brilliance or Luck?

I think the title makes it clear that this will be a rambling confused post. I am typing on with the thought that something is better than nothing and no one has to read this. The first topic – house prices, is in fact one that interests me a lot. I have a regression which […]

The 2017 Tax Cut and Jobs Act 

by Bill Gale EconoFact The 2017 Tax Cut and Jobs Act (TCJA) was the most sweeping realignment of the U.S. tax code in over three decades. It lowered tax rates, simplified taxes, raised the government debt, and was regressive, benefitting people who are well off more than the middle-class and the poor. Many provisions of the TCJA expire […]

Turning a corner on Medicare Advantage?

As I posted yesterday, Medicare Advantage, which now covers more than half of the Medicare-eligible population, is a rip-off for taxpayers and for policy holders. Apparently, this is finally sinking in for hospitals and health systems across the country: “In 2023, Becker’s began reporting on hospitals and health systems nationwide that dropped some or all […]

US for-profit healthcare system still ranks dead last

It should come as no surprise to regular AB readers that the US for-profit healthcare system is a disaster for everyone except the executives and stock-holders. Here’s yet another confirmation: “A report out Thursday shows that the United States’ for-profit healthcare system still ranks dead last among peer nations on key metrics, including access to […]

Oklahoma Attorney General Suing Pharma Mfgrs and PBMs

Bit of an Introduction ; The above chart shows the extent of the consolidation of PBMs which also portays the growing lack of competition. The chart comes from the Oklahoma petition filed in the Cleveland County District Court. Cleveland County is the fifth fastest-growing county, encompassing vibrant communities such as the southern part of Oklahoma […]

Short Story on Tupperware

I am confident many of our moms had Tupperware in the house. High density molded soft plastic which could withstand cold temperature and some degree of heat coming from hot water. Came with lids which could seal food within the container and also burp them to release some air and create a tighter seal. A […]