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

Prosecuting Trump — a caveat,

Infidel753, “Prosecuting Trump — a caveat,” Infidel753 Blog It’s starting to look as if Trump may be indicted fairly soon, an event much of the left has been impatient to see for some time (what I myself most wanted was to simply never hear another word about him, but it’s clear that the reality we live […]

February existing home sales confirm prices have declined

February existing home sales confirm prices have declined, but bottom in sales and construction may be in  – by New Deal democrat There were only two noteworthy takeaways from the February existing home sales report: (1) like mortgage applications, permits, and starts, existing home sales responded to lower mortgage rates (a decline from just over […]

Medicare Advantage uses Algorithms to block care for Seniors

Kip Sullivan has been writing about the issues with Medicare Advantage. I have joined with Kip in bringing the issues of Medicare Advantage to the forefront. Angry Bear has featured Kip and I have added to the dialogue. This next commentary details how Healthcare Insurance, mostly Medicare Advantage has been using artificial intelligence in the […]

Average and aggregate nonsupervisory wages for February

Average and aggregate nonsupervisory wages for February 2023  – by New Deal democrat There’s no significant economic news today, so let’s update a couple of income indicators important to average American working households. Namely, because we now have the inflation report for February as well as payrolls, we can update average and aggregate nonsupervisory wages. […]

The Fed’s New Supply Chain Pressure Gauge just went Negative

Putting on a different hat today. My background includes supply chain management. I am looking at what the industry experts are seeing and whether I agree with them. Much of what I have seen over the last two years is a repeat of 2008. And again, we are waking up late to the beginning of […]

The Big Myth, by Naomi Oreskes

Naomi Oreskes: All good myths have a kernel of truth. The other title: MAGA: You’ve been played. In her book: The Big Myth, How American Business Taught us to Loathe Government and Love the Free Market she researched the history of the source of the position and ideology of “Free Market” capitalism void of regulation. […]

Escape from Muddle Land

Escape from Muddle Land, Econospeak, Peter Dorman Let’s get the up-or-down part of this review over with quickly: Escape from Model Land: How Mathematical Models Can Lead Us Astray and What We Can Do About It by Erica Thompson is a poorly written, mostly vacuous rumination on mathematical modeling, and you would do well to ignore it. […]

Macron Bypasses Parliament With ‘Nuclear Option’ on Retirement Age Hike

Dale Coberly talking about the French President Macron forcing retirement reform and what could result if US Social Security is paid for by taxes on the rich in income. Macron Bypasses Parliament With ‘Nuclear Option’ on Retirement Age Hike, commondreams.org, Jessica Corbett [The following is copied from article cited in link, with some editing by […]

Conservative Justices practicing Law and the Major Question Lawyering

Some information on Student loans sitting in SCOTUS. I would think the big issue here is who has standing. The states do not. Conservative jurists demand “textualism” to get what they want, except when a statute’s words thwart their desired goal. But by using a new trick, they break their own rules. That’s how they […]