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

What you need to share about the “one big beautiful” ugly horrible bill

I subscribe to Robert Reich’s site also. The old economist as he calls himself asks that subscribers publish this particular commentary of Roberts, He is attempting to publish more information above Trumps tax cut bill. I can vouch for question 1 as I posted on how a cut in Medicare could happen. Robert is claiming […]

The Bond Market is Not Amused: on the importance of Moody’s debt downgrade and the GOP budget bill

 – by New Deal democrat Today let me address the GOP bust-out budget bill, and how that plays into Moody’s downgrade of US debt last week. And the bottom line is that, it is bad. The rubber is starting to hit the road. Let me start out with the below graph from the CBO of the […]

The higher education gospel according to Zuckerberg

Mark Zuckerberg says colleges aren’t preparing students for today’s job market and higher education is in for a “reckoning.” When, exactly, did “billionaire says” become a substitute for facts and evidence? • The unemployment rate for people with less than a high school diploma is 6.2%; • The unemployment rate for people with only a […]

Cuts to Medicaid and maybe Medicare

Briefly, a fast read . . . Trumps extension of the 2017 Tax Cuts and Jobs Act (TCJA) is a $3.8 trillion extension of it which will mostly benefit the wealthy and corporations. Professor Heather at “Letters from an American” (to which I subscribe) had this to say yesterday about the extension current being passed […]

Jobless claims: more of the same old, same old

 – by New Deal democrat The story continues to be “same old, same old” with unemployment claims. Initial claims declined -2,000 last week to 227,000. The four week moving average rose 1,000 to 231,500. With the typical one week delay, continuing claims rose 36,000 to 1.903 million: The YoY story continues to be the same as […]

Some Links to Healthcare Articles You May Find Interesting

I was reading about various healthcare issues I found on the internet and in particular Today on Medscape. The snippets are of longer articles which go into greater detail. You may find other articles to be of interest on Medscape at Latest Medical News, Clinical Trials, Guidelines, Today on Medscape. That is if they are […]

Andy Biggs, Paul Gosar, and Eli Crane of Arizona and Medicaid

In Arizona’s Mr. Andrew Biggs is lecturing us on how Republicans are going to pass a spending bill benefiting those who do not need tax breaks to get by. Instead of cutting Defense or some other programs, Andrew along with other AZ Republicans such as Elijah James Crane will be cutting Medicaid which supports lower […]

Medicare Advantage: Alleged Kickbacks Further Expose Corruption

CEPR’s Brandon Novick wrote a piece on Medicare Advantage plans. It is brief enough to make for easy reading, It also gets to the point of Medicare Advantage plans. As it was commercial Medicare Advantage plans were overcharging for the same care Traditional Medicare would charge. In many cases the plans would not approve the […]