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

Another Administration Win in Medicare Drug Price Negotiation Lawsuits

by Sheela Ranganathan and Zachary Baron Health Affairs Introduction: This article is discussing the efforts of the pharmaceutical companies attempting to block Medicare and the government negotiations with them for pricing. Early on in the District Courts, the pharmaceutical companies are being denied standing. This is why I posted the article. The cases may still […]

Slight increasing trend in initial jobless claims, but continuing claims continue slightly lower

 – by New Deal democrat Initial jobless claims rose 3,000 last week to 219,000. More importantly, the 4 week moving average rose another 2,500 to 222,500, the highest level in 9 months. With the usual one week lag, continuing claims rose 4,000 to 1.791 million: On the one hand, it does appear that claims have been […]

“I’ve shown you who I am and Trump has shown you who he is

And today, Donald Trump is pandering and peddling lies and stereotypes for your votes so he can win for himself, not for you.” No truer words can be spoken. Prof. Heather has an excellent take and explanation of the current situation. Reality verses the lies of trump. May 29, 2024 by Heather Cox Richardson Letters […]

plata o plomo

SIlver or lead was something Pablo Escobar liked to say. It means do what I want and I will give you money (plata) if you don’t I will use lead to kill someone close to you. I just noticed that it is the Spanish translation of a debate the US should have about the apparent […]

The good news, bad news economy

 – by New Deal democrat We’ll get weekly unemployment claims tomorrow, and the very important personal income and spending report Friday, before we begin the slew of reports for the beginning of June next week. But since there’s a slow news day today, let’s take a bigger picture look at the state of the economy. […]

Senators Oppose Georgia-Pacific Two-Step Process Avoiding Financial Responsibility

Having to file with the VA for issues resulting from being stationed at Camp Lejeune, I can see why such a maneuver by Koch Industries is frustrating. GP is attempting to avoid all responsibility. At least, the VA will hear you out. Then take their time deciding. One family friend (Marine) had to file three […]

People Moving Farther Out from City Centers to Avoid Exposure to Pandemics

More People Moved Farther Away from City Centers Since Covid-19 by Lindsay Spell and Marc Perry CENSUS.Gov I guess people did not like the threat of catching Covid in crowded areas so they are going to the suburbs. Even if they are in less populous areas, they still will have to get the vaccines and […]

Republicans aim to limit future ballot initiatives like the Arizona Abortion Access Act

By Robert Gundran copper courier Arizona is a strange state which makes Michigan appear to be sane. Obviously, politicians want to be in control and they are taking any method of doing so. This came about due to a bunch of Arizona judges decided to make abortion something very difficult to do. “With a stroke […]

Repeat home sales indexes renew favorable YoY comparisons, suggest slow deceleration in shelter CPI to continue

 – by New Deal democrat The FHFA and Case Shiller repeat sales indexes are the last home sales and price data for the month. Two months ago I wrote that “for the next seven months the comparisons will be against an average 0.7% increase per month in 2023. Because house price indexes have shown a […]