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

Medicare Advantage (MA) plans overpaid by 22 to 39 percent

A Brief designed explanation taken from the Center for American Progress commentary and analysis. It finds Medicare Advantage (MA) plans are overpaid by 22 to 39 percent. Instead of overpaying Medicare Advantage the curbing of MA overpayments should be used to improve the Medicare program for all beneficiaries. This is nothing new and I have […]

A Couple of Economist Views on Tariffs

First, my opinion. If anybody thinks this is not holding Trade with the US hostage until the other country concedes, they are crazy. Trump is obviously flexing our muscle to gain political advantage and a venue in which to brag. The only thing a tariff will do is protect an industry for a short period […]

The art of the fake deal

The latest meme around the Trump tariffs is TACO: Trump Always Chickens Out. Savvy traders are buying on the TACO tariff dips and selling on the TACO caves. And those caves are popular. “Yesterday, the Conference Board reported that in May consumer confidence surged by 12.3, the largest monthly increase in four years. Bloomberg said […]

Trump hates local government

I recall a time when the Republican Party stood for small government and local control. The grandiose Trump GOP cult has abandoned that principle in favor of meddling in anything and everything public and private that Trump opposes. “The administration has threatened to hold back the funds and permissions unless New York stops charging tolls […]

President Donald Trump opened Memorial Day in the most disgusting way possible

U.S. President Donald Trump opened Memorial Day in the most disgusting way possible, not by praising our fallen heroes but by attacking Democrats. He wrote on his Nazi-infested social media site on Monday morning: Happy Memorial Day to all, including the scum that spent the last four years trying to destroy our country through warped radical left minds . […]

Change in Household Income Resulting from the Republican and Trumps extension of the 2017 Tax Bill or the TCJA

Change in Household Income Resulting from the Republican and Trumps extension of the 2017 Tax Bill or the TCJA Daniel Becker had this bar chart on Facebook which details how the tax break will play out. Really great for the 1 tenth of 1 percenters. Good for the top 1 percenters and the upper five […]

Repeat home sales through March confirm continued deceleration of price increases

 – by New Deal democrat Last week the existing home sales report showed continued deceleration in YoY price increases to 1.8%, indicative of the ongoing rebalancing of the housing market. This morning’s repeat home sales reports from the FHFA and S&P Case Shiller confirmed that deceleration and ongoing rebalancing. On a seasonally adjusted basis, in […]

Europe isn’t flying the unfriendly skies of America

It’s not just Tesla that is becoming poison in Europe: “European airlines are freezing their transatlantic growth and pulling back from major U.S. cities like New York, Miami, Los Angeles, and Chicago as they redirect flights to Canada, Mexico, Brazil and Caribbean, where bookings are rising and demand is outpacing the American market. Carriers including […]