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

Healthcare, Groceries, Jobs, and Earnings . . . the Economy

We are amazingly ignorant of what is going on economically in the United States. But for groceries, the nation had a good economy. The right president was in the right place to ensure Americans had what they needed during several years of a pandemic. He no leaves the nation and presidency with a sound economy. […]

The Nation’s Increasing Federal Debt

A partial of a nice read on the US Federal Debt which will more than likely increase as this President and Congress will wish to make Trump’s 2017 tax break passed under reconciliation permanent. The issue being, it did not promote increased revenue which would have balanced out the deficit created. It (the issue) goes […]

Generic Drugs . . . a Growing Profit Center for Vertically Integrated PBMs

“Specialty Generic Drugs: A Growing Profit Center for Vertically Integrated Pharmacy Benefit Managers,” Federal Trade Commission A brief post or commentary on Pharmacy Benefit Managers (PBMs). For the Big 3 PBMs and their affiliated pharmacies during our study period from 2017 through part of 2022 specialty generic drugs represented a growing profit center. FTC analyses […]

O Canada

Canada here we come California, Oregon, Washington, Michigan, Minnesota, Illinois, Vermont, New Hampshire, Maine, and Massachusetts to the United States of MAGA: “Canada here we come.” The Civil War is over; the South finally won (in their minds, it was never going to be over until they did). In the halftime, they corrupted a dozen […]

New Deal democrats Weekly Indicators for January 13 – 17

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The big news this week was the continued surge in commodity prices, normally a sign of tight demand (but sometimes a shortage of supply, that does not seem to be the case now); and also higher interest rates showing up in corporate […]

Residential housing construction gives very mixed signals in December

Residential housing construction gives *very* mixed signals in December; recessionary red flag continues  – by New Deal democrat The most lading components of the long leading housing sector rose in this morning’s report for December, while the most important “hard” economic datapoint continued its decline into recession territory. First let’s compare the most leading datapoint, […]