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

Health Care Thoughts: Physician Burnout

by Tom aka Rusty RustbeltHealth Care Thoughts: Physician BurnoutDuring the years I worked every day with physicians I learned a great deal, including about the time pressure, the relentless work flow and the sleep deprivation during physicians’ “on call” days.A Mayo Clinic (http://archinte.jamanetwork.com/article.aspx?articleid=1351351) has been published and 50% of physicians are feeling impacts of burnout. […]

Kemp Roth Reagan Miller

Matt Miller has an excellent column in The Washington Post in which he coins the phrase “Drawbridge Republicans.” Basically he accuses Romney and Ryan of being pro-rich class warriors who aim to eliminate equality of outcome and of opportunity. A very standard Rhetorical gesture is to concede in the second or third paragraph of an […]

Dutch Domestic Demand Dragging Real Home Values

by Rebecca Wilder Dutch Domestic Demand Dragging Real Home Values Today Statistics Netherlands (CBS) warned ”House Prices Nosedive“. Prices of existing owner-occupied dwellings sold in July 2012 were on average 8.0 percent down from July 2011. This is the most substantial price drop since the price index of existing residential property was first recorded in […]

Most U.S. Trade Agreement Improve Trade Balance, but Effect Overwhelmed by NAFTA and China Trade

by Kenneth Thomas Most U.S. Trade Agreement Improve Trade Balance, but Effect Overwhelmed by NAFTA and China Trade The U.S. trade deficit figures heavily in the analysis of Jeff Faux’s new book, The Servant Economy. Faux, the founder of the Economic Policy Institute (EPI), was one of the most important voices speaking out against NAFTA […]

Polls and reporting

Lifted from Robert’s thoughts: by Robert Waldmann Polls and reporting It is clear that, whenever respected non-partisan media adopt rigid rules, Republicans abuse those rules. The Swift Boat Veterans for Truth are a very clear example. Since news organizations often present both sides of a debate without fact checking in each article, it is possible […]

Not on Tax (or only indirectly so): GOPer Akin’s "legitimate rape" comment

by Linda Beale Not on Tax (or only indirectly so): GOPer Akin’s “legitimate rape” As most of you have heard by now, the Missouri Republican nominee for Senate, current House Rep. Todd Akin, in a Sunday interview with KTVI-TV, justifying his opposition to any abortion ever, even in the case of rape, made the following […]

The Luddite Fallacy Fallacy

I’ve spent a lot of time considering (here, here, here, and here) the notions of technological unemployment and the Luddite Fallacy: the idea that technologically driven productivity — machines — will replace, are replacing, human labor. I’d like to revisit that here. My basic conclusion: the Luddites were obviously wrong at the time. But they’re […]

The NY Times Is Misleading. And Who Is Correct? Eurostat or China Customs?

The NY Times Is Misleading. And Who Is Correct? Eurostat or China Customs? by Rebecca Wilder The NY Times reports quite a dire situation as regards the slump in the value of Chinese exports to the European Union in July: Data published this month showed that China’s exports to the European Union had sunk 16.2 percent […]

Health Care Thoughts: Hospitals Rising

by Tom aka Rusty Rustbelt Health Care Thoughts: Hospitals RisingOne of the key operational themes of PPACA (Obamacare) is integration. Almost all models of integration have a hospitals or hospital networks as the hub. Some networks are already highly integrated, others are headed in that direction. (There was a big push for integration at the […]