Open Thread January 4 2024 overly “restrictive” monetary policy
Dollar eases as Fed minutes offer few clues on rate cuts timeline, MSN, Markets Today
Medicaid Unwinding and Enrollment in Three Large Charts
An Updating of Medicaid disenrollments in the nation. Clicking on this tab – state data will take you to individual state numeric. Some states attack the issue of disenrollment with a relish even when the federal government is picking up most of the tab to enroll them. In the end, they will still show up […]
Government is Not the Problem. Bad Government is the Problem
Having gone from trump to Biden. a person who I thought would never make a good president makes Steve’s argument on Bad Government being the problem when trump was the president. Asymptosis » Government is Not the Problem. Bad Government is the Problem, Steve Roth. And the solution to bad government is … good government. […]
New Year, same old labor market deceleration
New Year, same old labor market deceleration – by New Deal democrat This morning’s JOLTS report for November continued the same trend of labor market deceleration that we have seen since the blazing hot boom of 2021. Job openings declined -62,000 to 8.790 million, the lowest level since March 2021. Actual hires fell sharply, by […]
American society was not always so car-centric.
Introduction: Nice piece on how Americans are so tied to their gasoline powered cars, pickup trucks, etc. and the impact on cities and environment. What is key to this article and the author’s thought is this statement: “The obvious solution … lies only in a radical revision of our conception of what a city street […]
AbbVie Exploits Offshore Subsidiaries to Avoid US Taxes
Strictly a copy and paste of the Senate Finance Committee Chair Senator Ron Wyden Committee Report. I can not add to this other than say, repeal the 2017 Tax Act. Interim Report: Big Pharma Tax Avoidance Senate Finance Committee Investigation Reveals Extent to Which Pharma Giant AbbVie Exploits Offshore Subsidiaries to Avoid Paying Taxes on […]
Construction spending continued to increase in November
Construction spending continued to increase in November – by New Deal democrat I’m feeling a little under the weather today, so I am going to keep this brief. Total construction spending rose 0.4% in November, while residential construction rose 1.1%: Keep in mind that these are nominal numbers, affected by the cost of construction materials. […]
Mr. Lincoln’s War, signing the Emancipation Proclamation
January 1, 2024, Letters from an American, Prof. Heather Cox-Richardson On January 1, 1863, President Abraham Lincoln signed his name to the Emancipation Proclamation. He said . . . “I never in my life felt more certain that I was doing right, than I do in signing this paper. If my name goes into history, […]
Final COVID-19 update for 2023: mainly good news (at least on a comparative basis)
Final COVID-19 update for 2023: mainly good news (at least on a comparative basis) – by New Deal democrat Here is the status of the COVID-19 pandemic as of the end of 2023. It’s mainly “good news,” at least on the comparative scale. But as (now) per usual, we are in the midst of the […]
PTSD Is a Nightmare. A Fully Funded VA Can Provide Relief
As a veteran, I am interested in what the VA does in providing healthcare. Suzanne and Steve have a great interest is how veterans are treated by the VA. PTSD Is a Nightmare. A Fully Funded VA Can Provide Relief, jacobin.com, Suzanne Gordon and Steve Early Post-traumatic stress disorder (PTSD) is the often-hidden wound of […]