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

Some Healthcare Detail on costs, smoke, and morphine.

Three healthcare issues that are relevant to today. Things we should be talking about. If you remember Merrill Gooz had a chart up showing healthcare costs have been around 17%. For more than a decade, CMS and CBO consistently overestimated the growth in health care spending, which undermines efforts to spend more on health-related social […]

Industrial and manufacturing production continue to falter

Industrial and manufacturing production continue to falter  – by New Deal democrat I frequently call industrial production the King of Coincident Indicators, because so often the turning point in this metric has been at the peaks and troughs of the economy as a whole. That has not been the case since last September, when this […]

June retail sales continue to falter, with the important exception of motor vehicles

June retail sales continue to falter, with the important exception of motor vehicles  – by New Deal democrat As usual, retail sales is one of my favorite indicators, because it tells us so much about the 70% of the US economy that is consumption, as well as being a short leading indicator for employment. It […]

US: Nonprofit Hospitals Chase Low-Income Patients on Debts

This is more of an introduction to the Human Right Watch Org and the review of healthcare in the United States. The topic is no surprise as we have touched upon this in earlier commentaries. In this short piece they are finding private nonprofit hospitals are not so nonprofit. Indeed, they are skimping on healthcare […]

New Deal democrats Weekly Indicators for July 10 – 14

Weekly Indicators for July 10 – 14 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Several indicators that had been stubbornly positive throughout the decline in leading metrics as of this past week finally turned either neutral or negative. Much as the dominant punditry at the moment is […]

Biden Administration Taking Action To Limit Junk Healthcare Insurance

About half of this is original and the other half is a rewrite. Just explaining things more than the author. What President Joe Biden is doing is repealing trumps Short Term Healthcare Coverage which today is less than 365 days. This was extended from prior 3-month coverage (maximum 4 months) when Congress failed to repeal […]

America’s Clean Energy Transition Needs Federal Action—Not Rollbacks

What the Roosevelt Institute and GreenBiz are pointing out is the delay in bring Energy, more clean energy online to satisfy the nation’s requirements, reduce pollution, and avoid severe climate change. Both are putting pressure on the government to move these projects along. They are calling for a mobilization of resources to implement the projects […]

We would’ve never been able to see cricket live on television

Basically, a story about big oil selling prosperity to a country by having their cricket team televised on TV and building a new stadium to be completed by 2025. Exxon and their partners were busy telling the story of fossil fuels as the solution to poverty. This story told as more and more Global North […]

The American working class is doing better, thank you very much

The American working class is doing better, thank you very much  – by New Deal democrat With the release of the CPI report earlier this week, I can update several measures of average middle class American income. Real average hourly wages increased 0.2% in June, and are up 1.6% from one year ago: Real aggregate payrolls […]

Libertarianism

I was catching up on the back issues of New Yorker accumulating on the coffee table, and read an article about the rise and decline of libertarianism in the GOP. The idea that anything resembling libertarianism was actually popular in the Republican Party is a joke. Ostensibly, libertarian wants to shrink big government. OK, lets […]