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

Replacing Adults with Children Lowers Overhead and Labor Costs

Increasing Numbers of Underage Children Employed A large portion of this post is taken from “The Unjust Cost of Child Labor,” Roosevelt Institute, as written by Alí R. Bustamante. I have added additional information from what I know and have read from current events. The Child Labor Statistics JPeg is taken from “Child Labor Violations […]

SOCIAL SECURITY, A BREAK THROUGH?

Dale Coberly discussing the latest news on Social Security. SOCIAL SECURITY, A BREAKTHROUGH? Dale Coberly For years I have been trying to inform people that the great big, huge horrible “Looming Trillion Dollar Unfunded Deficit” in Social Security could be fixed forever with a one tenth of one percent increase in the Social Security tax […]

New Deal democrats Weekly Indicators for November 6 – 10

I have been sharing New Deal democrats Weekly Indicators with an Edward Jones consultant who handles our funds. He was pretty impressed with the detail New Deal democrat gives here and at Seeking Alpha. He has his own account so he can go every week (I am limited). If have some time, you should explore […]

2022 Overpayment to Medicare Advantage? Somewhere between 22% and 35%

Maybe $88 billion and $140 billion will get your attention? Congress does not blink an eye at this expenditure. Received an email from PNHP’s Kip Sullivan who is knowledgeable on Single Payer and Medicare Advantage healthcare plans. Whenever he writes an article, he sends me an email so Angry Bear can be first in line […]

“No new economic data, so let me follow up some more on the issue of longer-term unemployment”

Consumption leads (longer term) unemployment, too  – by New Deal democrat Once again there is no new economic data, so let me follow up some more on the issue of longer term unemployment. Earlier this week I pointed out that just as initial claims lead continuing claims, so does short term unemployment (under 5 weeks) […]

Zombie EV sales

A commenter on AB recently noted that EVs are dead, to which I responded that there sure are a lot of zombie EVs here in East Providence. Kevin Drum has a post up about EVs showing that zombie EVs have been proliferating exponentially since 2011 and arithmetically since 2020. So many dead EVs. Who knew? […]

Election analysis from Heather Cox Richardson

Richardson has a post-election analysis up at her substack blog. Some money grafs: “In Virginia, Governor Glenn Youngkin campaigned hard to flip the state senate to the Republicans, telling voters that if his party had control of the whole government he would push through a measure banning abortion after 15 weeks. This has been a […]