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

Income Uncertainty and ACA marketplace Application

by Andrew Sprung xpostfactoid Brian Blase, a conservative healthcare scholar at the Paragon Institute, is out with an analysis of 2024 ACA marketplace enrollment (summarized in this WSJ op-ed) claiming that millions of enrollees have mis-estimated their incomes to claim benefits to which they are “not entitled.” Here are the core claims: In nine states (Alabama, Florida, Georgia, […]

US Workers Rally After a String of Heat-Related Deaths

Workers across the US rally after string of heat-related deaths. Grist This story was originally published by Grist. Ayurella Horn-Muller For the last two years, Cecilia Ortiz has worked as a passenger service agent at Phoenix Sky Harbor International Airport. She typically has to walk 10 to 15 miles a day, up and down ramps, […]

Jobless claims still a positive, even with some lingering Hurricane Beryl after-effects in Texas

 – by New Deal democrat Last week I pointed out that the YoY increases in initial and continuing jobless claims appeared to be all about Texas in the wake of Beryl. This week there was good news even with some continued hurricane Beryl effects in Texas. Initial claims declined -7,000 to 227,000 for the week, […]

August 14, 2024 – Prices rose less than 3% in the previous twelve months

by Heather Cox Richardson Letters from an American AB: More dialogue on the less than 3% increase in inflation. The July report for consumer prices from the Bureau of Labor Statistics, which came out today, showed that prices rose less than 3% in the previous twelve months. Core inflation has fallen to its lowest rate […]

Cutting your Three Dollar per Hour Wages

Workers are getting $3/hour. Usually, we tip well beyond 20% of the bill. Maybe it is just because we struggled at times. Some of AZ’s legislators should be working for $3/hour and getting tips if they do a good job in the legislature. It does not appear they are representing people. The last go around […]

Consumer Price Index for All Urban Consumers

Consumer Price Index – July 2024 (bls.gov) The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, after declining 0.1 percent in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the All items index increased 2.9 percent before seasonal adjustment. The index […]

For July, “The index for shelter … accounted for nearly 90 percent of the [otherwise sleepy] monthly increase”

– by New Deal democrat The CPI for July continued all of the trends I have been writing about for the past year or more:  – Headline and core CPI continue to slowly decelerate.   – energy inflation is non-existent  – shelter inflation remains very elevated but continues to declerate, following house prices.  – all prices […]