This is a nice writeup on what is occurring in states which have enrolled multiples of their citizens into Medicaid due to various initiatives and the ACA. There has been a rollback of ACA insurance levels with the Silver plan having an actuary of 94%. People making up to 200% FPL pay little or nothing. […]
Except for the beginning, mostly a copy and paste here. Housing is an issue in the U.S. There are not many appropriately priced house being built or used ones on the market. The same holds true for apartments. We have a lot of young families trying to figure out where to live. Then once they […]
One of the last of the positive short leading indicators rolls over – by New Deal democrat The only economic release today of any significance was the ISM non-manufacturing index, which tracks services. It is only about 25 years old, and is not a leading indicator the way its sibling manufacturing index is, but for […]
April 3, 2023, Letters from an American, Prof. Heather Cox Richardson. On Saturday, April 1, the emergency measures Congress put in place to extend medical coverage at the beginning of the Covid-19 pandemic expired. This means that states can end Medicaid coverage for people who do not meet the pre-pandemic eligibility requirements, which are based […]
“The founder of the conservative “Article III Project” attorney Mike Davis ‘If this judge imposes a gag order on Trump, that should be immediately appealable,” he insisted. “The gag orders protect the defendant’s Sixth Amendment right to a fair trial. And defendants have First Amendment rights. So, if the defendant wants to speak, I can’t […]
February JOLTS report shows further *relative* weakening in the jobs market – by New Deal democrat The February JOLTS report showed a weakening in almost all important trends. The strongest component of the entire series has been job openings. I tend to place lower significance on this, because there is ample evidence that companies have […]
Up to 35,000 UBS and Credit Suisse jobs at risk, SWI swissinfo.ch The megabank created by the UBS takeover of Credit Suisse is reducing its global workforce by 20-30% or between 25,000 to 36,000 positions. This is according to the Sonntags Zeitung newspaper, citing an unnamed senior UBS manager. This was interesting in the US. According […]
National FDI Data Detail Just some Information to throw around. Ten States Leading America’s FDI Manufacturing Workforce, globalbusiness.org and here National FDI Data – GBA globalbusiness.org (see chart to the right). The article declares there are ten states which are benefiting the most from Foreign Direct Investment (FDI). This is taken from a pitch in […]
I had a Facebook discussion yesterday about statistics. At one point, my interlocutor posted “You should know better than anyone that statistics can be manipulated to actually show the opposite of what is real.” Well, just to be clear, that’s not a problem with statistics, that’s a problem of motivated reasoning, which is not a […]
Both manufacturing and construction continue to contract – by New Deal democrat As usual, we start the month with data on last month’s manufacturing activity, and the previous month’s construction activity. This month, both were negative. The ISM manufacturing index, which has had an excellent record as a leading indicator for the past 75 years, […]