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

Rules of the Game

A comment by J.P McJefferson who has written tis post at his site in 2023 and again in 2024. It is a great commentary on the House and Senate rules which are political in nature, block crossing the aisle types of legislation, punish constituents as a result, and lead to confrontations amongst citizens who also […]

No, America doesn’t need to birth more babies

I’m reading these religion-based and politically based articles saying Americans need to have more children. WTF? “In an effort to get Americans to have more children, the Trump administration has proposed ideas such as a $5,000 “baby bonus” or a $1,000 tax-deferred investment account for children born between 2025 and 2029. It’s as if we’re […]

Rhode Island Judge Blocks trump Again

It must be the state of Rhode Island citizens and judges are feistier than the rest of the nation. For the second time I am reading about a judge from Rhode Island blocking trump’s efforts to hold the nation up by blocking funding. Maybe it is the same judge? It kind of fits as Joel […]

Traditional Medicare versus Medicare Advantage

City workers in NYC are getting a raw deal or some would call it a better deal (if you are the city) on healthcare when one retires. There must be some type of deal going on here. Medicare Advantage does have its coding issues and smaller sources of healthcare places a member can go to. […]

Why hasn’t the housing downturn caused a recession yet? A detailed look

 – by New Deal democrat As promised yesterday, today let me take an extended look at the important leading sector of housing. I want to walk through each of the important series generally in the order in which they have typically peaked, and how in at least one important respect this time is – somewhat […]

The Big Beautiful Bill will kill American hospitals

It’s bad enough that Republicans believe poor Americans should be allowed to die without health care. But if you ever need a hospital, whether or not you have insurance, this could kill you, too. “That’s because each node of the system is interdependent. If the 190 rural hospitals estimated in a recent Center for American […]

Threats to Senate’s July 4 Reconciliation rush

What is sitting before the Republicans to be solved before taking a Reconciliation Vote. Been rush and scramble to get this bill in order to please holdouts and pass before July 4th. Hopefully, some of these critters will start to have a heart. Hopefully they start to think about how their actions will hurt their […]

Day of Remembrance on June 17 . . . Juneteenth

Juneteenth became a federal holiday on June 17, 2021. President Joe Biden signed the Juneteenth National Independence Day Act into law. When Melynda Price thinks of Juneteenth, she thinks of hope, home, and of heritage. A legal scholar at the University of Kentucky, Price is a fifth-generation Texan whose great-great-grandmother was enslaved in Southeast Texas. […]

Housing construction looks even more recessionary

 – by New Deal democrat Because no data will be released tomorrow due to the Federal holiday, I am going to defer a deeper look at the very important housing sector until then. Today I’ll just note the top line indications from this morning’s housing construction data. As per usual, permits are much less noisy than […]

No, Social Security and Medicare aren’t going to go broke

Here’s the headline in the Boston Globe: “Medicare and Social Security go-broke dates pushed up due to rising health care costs, new SSA law” Read further and you find this: “The go-broke date — or the date at which the programs will no longer have enough funds to pay full benefits — was pushed up […]