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

District Courts Push-Back

All The Litigation – by Joyce Vance Civil Discourse At least one federal judge isn’t intimidated by Trump cronies attacking federal judges who have ruled against the new administration during its first three weeks of operation. Those attacks have taken the form of Elon Musk posting that 1% of the constitutionally life-tenured jurists should be fired every […]

The Big Convergence: scenes from the January employment report

– by New Deal democrat There’s no new significant news until Wednesday, so let’s catch up graphically with a few important items from Friday’s employment report for January. As I wrote then, probably the most important developments weren’t in the monthly numbers, but rather the annual revisions to both the Establishment and Household Surveys.  For […]

Gaza

First, you put them in a cage. Then, poke them with a stick by taking ever more of their land, making life difficult, and things like that. When they get mad, label them terrorists. Seventy-five plus years now. There has never been a doubt what Israel wanted; it wanted it all. Not publicly. Let Moshe, […]

Musk, USAID, and a Crazy Conspiracy Theory

Recently NBC and The Washington Post have reported that Elon Musk’s hatred of USAID and his decision to feed into a wood chipper (claiming authority that Trump let alone Musk doesn’t have) is based on an insane conspiracy theory spread by an conspiracy theorist called MIke Benz. According to the Post, when Musk tweeted that […]

A Bit of Krugman on a Monday

Old stuff . . . an economy in good shape. Yep, this is a copy and paste. Yep, I stole it (January 15th) from Krugman’s array of articles that are more open to us now than before. Yep, I agree with Krugman on his assessment of the economy. Yep. there is inflation. What do you […]

15 Additional Drugs Selected for Medicare Drug Price Negotiations

HHS/CMS Drugs pricing negotiation. August 2023 . . . HHS announced they would negotiate the pricing for 10 drugs covered under Medicare Part D program. This was the first cycle of selected drugs to be negotiated by the U.S. Department of Health and Human Services or HHS as many know it. The first cycle of negotiations, with […]

Coup or Autogolpe?

I used to believe Republicans would join with Democrats if there was an threat to the United States. The first clue I had of this not being true was watching Josh Hawley give a fist up to the protestors who turned into rioters attacking Capital police and breaking into the building. I am with you […]

Productivity and Costs, Fourth Quarter

If there is anything which can be said about 2024, Biden left it in better shape than what it was when he became the president. Unlike 2008 and with the help of Congress, Biden was able to mitigate much of the impact of the pandemic on the economy, all citizens, and business endeavors. Without which, […]

China’s Global Growth

Managing a supply chain for a small part of a $12 billion corporation in the US sent me to many countries in Asia. This included China. I was able to see the old aspects of it such as The Wall and the Tombs while there. I also saw the rebuild of the nation and the […]

No NIH cuts for mah state, y’all!

As John Kenneth Galbraith famously observed: “The modern conservative is engaged in one of man’s oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.” I suspect that the Must techbros who concocted the recent announcement of immediate cuts to NIH grants imagined that they were just smacking around […]