Maybe $88 billion and $140 billion will get your attention? Congress does not blink an eye at this expenditure. Received an email from PNHP’s Kip Sullivan who is knowledgeable on Single Payer and Medicare Advantage healthcare plans. Whenever he writes an article, he sends me an email so Angry Bear can be first in line […]
Consumption leads (longer term) unemployment, too – by New Deal democrat Once again there is no new economic data, so let me follow up some more on the issue of longer term unemployment. Earlier this week I pointed out that just as initial claims lead continuing claims, so does short term unemployment (under 5 weeks) […]
When I started as a PhD student at UNC-Chapel Hill in 1977, my stipend as an NIH trainee was $3900/year (ca. $20K in today’s dollars). When I started as a postdoc at Washington University in 1982, my salary was $12,800 (ca. $41K in today’s dollars). At the time, I regarded this as the opportunity cost […]
Scenes from the October jobs report: soft landing vs. continued slow deceleration – by New Deal democrat First, an editorial note: economic news is light this week, so don’t be surprised if I play hooky for a day or two. That being said, let’s take a look at the most important trends, as I […]
This is mostly a recital of an article by Peterson-KFF (March 2022) on medical debt as held by average people. A few tweaks here and there. The article content adds another block of reasoning to the foundation for Medicare for All, single payer, etc. It is long and I know some who have short attention […]
Weekly Indicators for October 30 – November 3 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. One way I keep track of the producer side of the economy is via the long leading indicator of corporate profits and the short leading indicator of the stock market. As […]
New Deal democrat’s October Jobs report is again featured at Angry Bear. You can also pick-up the September 2023 Jobs Report from the link at the end of this report. This is the most complete monthly review on Unemployment Rate, average hourly earnings (minus management), which way job growth or decline is going, and a […]
I agree with Lloyd’s dad Gabe and also Lloyd. Big trucks including construction vehicles exceed the speed limit. Their weight does not enable them to stop in short distances. The results of a collision with automobiles is catastrophic with people in cars being seriously injured or dying. The volumes being moved long distances are better […]
Initial claims: were the recent lows just unresolved seasonality after all? – by New Deal democrat Initial jobless claims rose 5,000 to a 7 week high of 217,000 this week. The 4 week moving average rose 2,000 to 210,000 from its 9 month low of 208,000 last week. With the usual one week delay, continuing claims […]
This is a smaller version of a larger article in The Atlantic. I believe I have captured all of the issues needing to be presented. A hospital’s delivery of healthcare is more than just profit-taking to which the big firms invest their money. With the involvement of private equity firms buying up hospital chains, the […]