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

REACHing” for Equity . . . Moving away from Regressive to Progressive Value-Based Payment

“REACHing” for Equity — Moving from Regressive toward Progressive Value-Based Payment, NEJM, Suhas Gondi, Karen Joynt Maddox, and Rishi K. Wadhera. A pretty good take on Value Based Payment Programs and what are the issues. Keep in mind, who determines what the value is to the patient. What is the rub here. Who ascertains the degree […]

August consumer inflation confirms “Goldilocks” “soft landing” may well be “transitory”

August consumer inflation confirms “Goldilocks” “soft landing” may well be “transitory”  – by New Deal democrat Let me start by quoting from my post yesterday: “As to consumer prices, I am most interested in the relative weights of decelerating shelter increases (which as I have written many times are well-forecasted by the more current home […]

Healthcare Debt Nearly Pushed Them On to the Streets

The article (example) is about one person suffering from an ailment at 19. Hospitalized at an out-of-network facility, the burden of costs for treatment were his responsibility due to insurance denial. A particular issue with commercial healthcare insurance not covering the costs of treatment because you went to the wrong doctor, etc. for care. More […]

Paul Krugman’s “Goldilocks” economy is likely to prove “transitory”

PPI and CPI preview: why Paul Krugman’s “Goldilocks” economy is likely to prove “transitory” – by New Deal democrat Sorry for the lack of posting yesterday. Every now and then, real life intrudes and, well, yesterday was one of those days. All of the economic data this week is going to be crammed into tomorrow […]

The Budget Deficit is an absurd calculation

The budget deficit is the change in the nominal face value of public debt. It is roughly unique (as far as I know) being the change in a quantity which is not corrected for inflation. We do not usually talk about nominal GDP growth or nominal wage growth. The sustainable deficit increases one for one […]

The NPR program, This American Life and Student Loans

Interview Request:  The NPR program, “This American Life,” is looking for people living outside the US to interview about their student loans.  They have done surprisingly strong journalism in the past.  If this is you, please send an email to: [email protected] If you are outside of the United States and have Student Loans, “This American Life” […]

Integrity Use to Be a Valuable Commodity in New Home Building

Our first new home purchase. I knew we were to have issues and would be working through them. It was new and something we had not had before. Arizona’s Registrar of Contractors says they are seeing an uptick in complaints against new home builders. Residents in Maricopa City is south of Phoenix where state highway […]

New Deal democrats Weekly Indicators for September 4 – 8 2023

Weekly Indicators for September 4 – 8 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. The tug of war between the headwind of high interest rates and the tailwind of low commodity and consumer inflation continues. As usual, clicking over and reading will bring you right up […]

Open Thread September 9, 2023 Where do Americans mingle the most?

A question being asked by The Economist; Where do Americans mingle?, Vienna Virginia  Sit-down chain restaurants foster more cross-class mixing than any other institution. Sit-down chain restaurants, like Olive Garden, Chili’s, and Applebee’s are prime sites for many Americans. Restaurants bring Americans together more than any other private or public institution and eclipse bars, churches, petrol […]