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

Eleven* Years of #ACA Medicaid Expansion in One Image

Eleven* Years of #ACA Medicaid Expansion in One Image, ACA Signups, Charles Gaba I just posted a colorful graph which tracked ACA Qualified Health Plan (QHP) enrollment over eleven years of Open Enrollment Periods. Below I’ve done the same thing for ACA Medicaid Expansion. The data comes from the Centers for Medicare & Medicaid Services quarterly Medicaid […]

January 2024 consumer inflation: still a tug of war between gas and housing

January 2024 consumer inflation: still a tug of war between gas and housing  – by New Deal democrat As it has been for going on two years, consumer inflation has boiled down to a contest of strength between energy (mainly gasoline), which peaked in June 2022 and roughed in June 2023, and housing, which peaked […]

Open Thread February 13 2024 Inflation cooled again in January . . .

but came in above Wall Street’s expectations, another sign that the Federal Reserve’s path to interest-rate cuts is far from settled. The Labor Department reported Tuesday that consumer prices rose 3.1% in January from a year earlier, versus a December gain of 3.4%. That marked the lowest reading since June. Inflation at 3.1% Reflects “Stubborn […]

Aggregate payrolls vs. total withholding taxes paid: which one has been telling the truer tale?

Aggregate payrolls vs. total withholding taxes paid: which one has been telling the truer tale?  – by New Deal democrat The drought in new data continues for today. So I wanted to take a further look at the two measures of total payrolls I discussed on Friday, one of which has been of some concern. […]

New Deal democrats Weekly Indicators for February 5-9 2024

Weekly Indicators for February 5- 9 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Most notable is that two of the long leading indicators – interest rates and corporate profits – have turned from very negative to at very least neutral, increasingly suggesting better economic news ahead. As […]

Cohousing Could Be the Answer for Aging Baby Boomers

Cohousing, another way to have multifamily and multigenerational housing. Why Cohousing Could Be the Answer for Aging Baby Boomers, Carbon Upfront, Lloyd Alter In a recent post, Why the future of housing should be multifamily and multigenerational, I mentioned cohousing, which was started in Denmark primarily by young families as a way of sharing resources like […]

trump’s TCJA Made the Tax System, Tax Season More Burdensome

In Angry Bear’s commentary Looking at the Trump 2017 Tax Breaks, we examined exactly what the TCJA did for citizens. By the end of 2025, the TCJA would add to the deficit an ~$2.2 trillion. If extended, we can expect another $1.5 trillion. Special exempts were written into the bill so those (business interests) who […]

And now for something completely different: portents of DOOOM

And now for something completely different: portents of DOOOM  – by New Deal democrat. February 9, 2024 The lion’s share of the employment news recently has been very good. But not all of it. In particular, several of the annual revisions to the Household jobs Survey, and several other measures of employment and unemployment have […]

What is Causing Increasing Food, etc. Prices

This is a follow-up to two posts on Tuesday and Wednesday. One topic being “Low Income Consumers” and the other being GAO Prices etc. Neither said the Biden Administration is at fault. If you read Thursday’s report by New Deal Democrat, we are avoiding a recession. Briefly, Much of the cost from pricing increases people […]