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

The Right’s Long Game to End Public Education

Briefly, this commentary is about creating a better environment for all children in public schools and stymie the political and personal efforts impeding the environment for them coming from privatization interests. by Jeff Bryant The Progressive Magazine “Every year, there’s something to stoke division in an attempt to disrupt our public schools and decrease the […]

Sunday Funnies: “GOP Lawmaker Thinks He Exposed Busload of ‘Illegals'”

Anyone have a sword available for him to fall upon after his commentary of illegals invading Michigan? “Happening right now,” Michigan GOP Lawmaker State Rep. Matt Maddock wrote. “Three busses [sic] just loaded up with illegal invaders at Detroit Metro. Anyone have any idea where they’re headed with their police escort?” Attached to the tweet […]

New Deal Democrats Weekly Indicators March 25-29 2024

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Regional Manufacturing Declines Again After several weeks of flirting with full recovery, the remaining regional Fed’s weighed in with their monthly manufacturing indexes, and they all went in the tank again. On the bright side, payroll tax withholding has had its best month […]

Real personal income and spending: if last month was “Goldilocks”, this month was close to “anti-Goldilocks”

 – by New Deal democrat The Bonddad Blog Personal income and spending has become one of the two most important monthly reports I follow, because it nets out the impacts of higher interest rates and abating inflation due to the unlinking of the supply chain. To repeat, the big question this year is whether the […]

Open Thread March 29 2024 CA Fast Food Workers get a boost in hourly wage

Starting April 1, fast-food workers in California will be paid at least $20 an hour, thanks to legislation passed last fall that raised the industry-wide minimum wage. Why? “the difference between the prices consumers pay and the cost of production—have increased sharply over the past decade of growth for the industry.” Roosevelt Institute Open Thread March […]

The Unknown Unknown Marx

– By Tom Walker “The Unknown Unknown Marx,” EconoSpeak Toward the end of his 1968 essay, “The Unknown Marx,” Martin Nicolaus quoted Marx’s enumeration of four barriers to production under capital that “expose the basis of overproduction, the fundamental contradiction of developed capital.” Nicolaus qualified what Marx meant by overproduction to be “[not] simply ‘excess inventory’; […]

How money from sick people works, Part II: The 340B story

by Antonio Ciaccia 46brooklyn Research A January Unlike Any Other In case you didn’t notice from our last report on new year price changes, at the end of December 2023, many insulin vials and pens took significant (i.e., 75%+) list price decreases. Given much of the early 2024 attention on brand drug list price increases, […]

Pharmacogenomics and drug safety

New drugs go through clinical trials before they can be marketed. Phase I trials are for safety. Phase II/III trials are for efficacy. If a drug fails these trials, it can’t be sold. One challenge to drug testing is trial enrollment. Ideally, the subjects should be demographically representative. The problem is that there can be […]