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

The shutdown’s impact on health

It appears that the government shutdown has finally caught up with the CDC . . . none of their Covid demographics were updated this week, and the wastewater data still only goes up till the week ending September 20th . . . I don’t know if the data that they’ve missed will be caught up […]

Review of “The Lumumba Plot”

Back in the mid-80s I started a personal project of reading history. I was motivated by the desire to understand the differences between my world view and that of my father’s generation. I started with the Vietnam war. I got a draft card at 18 and my number was pulled when I was 19, but […]

History and Now, and Beyond

In a universe of probabilities where mistakes can’t be undone, decision makers must do their best to get it right; give us their best guess based on best thinking based on the best information available to them in order to jigger the odds as much as possible in favor of a good outcome. In a […]

Tabulations of state level reports indicates 228,000 initial claims, 1.938 million continuing claims last week

– by New Deal democrat Among the economic data that is not being reported due to the federal government shutdown are initial and continuing jobless claims. Which, as I pointed out last week, is interesting because they were reported during the lengthy 2013 shutdown and for at least part of the 2018-19 shutdown. But both […]

Tariffs Impact on Price

Briefly: Prices are up. The unknown is whether and how much tariffs are impacting prices. Much can be influenced by news reports to the public. Prices did increase on imports. Are Tariffs Raising U.S. Retail Prices? Econofact The Issue: Tariffs on imported goods have risen steeply since President Trump’s second inauguration, to the highest level […]

Republican Mega Bill Will Impact Healthcare Coverage

We have posted information on Angry Bear before from various and different sources. We expect healthcare costs to increase. The article says 15 million will lose healthcare coverage. I have seen reports of up to 20 million will lose healthcare coverage. Many will lose coverage as a result of cutting Medicaid and loss of subsidies […]

Bot docs and the economics of primary care

The way to make money in medicine is to do procedures (colonoscopies, surgery). Primary care physicians, as a rule, don’t to procedures. They diagnose and, when necessary, refer to a specialist for procedures. So primary care physicians don’t make the big bucks. Med school graduates carrying loans from college and medical school are attracted to […]

Students Voting for Trump did Not Gain Them any Help or Access to Student Loan Bankruptcy

None of this means people can default whenever they wish. It does mean the consequences for student loans is harsher than for commercial loans, etc. One example is our president. Trump’s bankruptcies amount to $billions. No one has said no to Trump, you have to pay it off. The reason being? He is entitled to […]

But Friedman told me the world is flat!

Thomas “Mustache of Understanding” Friedman assured us that globalization has leveled the economic playing field, facilitating competition and collaboration, making the world “flat.” So how’s that going? “Thousands of U.S.-bound packages shipped by UPS are trapped at hubs across the country, unable to clear the maze of new customs requirements imposed by the Trump administration. […]