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

Jobless claims up 14.6%, 4-week average up 11.8%, and continuing claims up 29.6%

Initial jobless claims maintain renewed yellow caution flag  – by New Deal democrat Some post-pandemic unresolved seasonality may be affecting the weekly claims figures, as just like last year, they are declining sharply compared with early August. But on a YoY basis, they are not nearly so positive. Initial jobless claims rose 3,000 last week […]

$20 Billion Scam At The Heart Of Medicare Advantage

In May of 2023 The $20 Billion Scam At The Heart Of Medicare Advantage, PNHP, Matthew Cunningham-Cook and Andrew Perez, Lever News, May 2023. Health insurance company Humana enjoyed a banner year in 2022. Humana made $2.8 billion in profits in 2022, while paying out $448 million in dividends to shareholders, and paying more than […]

REACHing” for Equity . . . Moving away from Regressive to Progressive Value-Based Payment

“REACHing” for Equity — Moving from Regressive toward Progressive Value-Based Payment, NEJM, Suhas Gondi, Karen Joynt Maddox, and Rishi K. Wadhera. A pretty good take on Value Based Payment Programs and what are the issues. Keep in mind, who determines what the value is to the patient. What is the rub here. Who ascertains the degree […]

August consumer inflation confirms “Goldilocks” “soft landing” may well be “transitory”

August consumer inflation confirms “Goldilocks” “soft landing” may well be “transitory”  – by New Deal democrat Let me start by quoting from my post yesterday: “As to consumer prices, I am most interested in the relative weights of decelerating shelter increases (which as I have written many times are well-forecasted by the more current home […]

Healthcare Debt Nearly Pushed Them On to the Streets

The article (example) is about one person suffering from an ailment at 19. Hospitalized at an out-of-network facility, the burden of costs for treatment were his responsibility due to insurance denial. A particular issue with commercial healthcare insurance not covering the costs of treatment because you went to the wrong doctor, etc. for care. More […]

Paul Krugman’s “Goldilocks” economy is likely to prove “transitory”

PPI and CPI preview: why Paul Krugman’s “Goldilocks” economy is likely to prove “transitory” – by New Deal democrat Sorry for the lack of posting yesterday. Every now and then, real life intrudes and, well, yesterday was one of those days. All of the economic data this week is going to be crammed into tomorrow […]

Gunning for More VA Privatization

I use the Veterans Administration also. I do not use it as widely as I could and I am ineligible for some of the care I really need. This does not mean it doesn’t offer the care I might need. I leave it for those who can not go elsewhere and maybe do not have […]

The Budget Deficit is an absurd calculation

The budget deficit is the change in the nominal face value of public debt. It is roughly unique (as far as I know) being the change in a quantity which is not corrected for inflation. We do not usually talk about nominal GDP growth or nominal wage growth. The sustainable deficit increases one for one […]

We’re Happy, Free, Confused, and Lonely at the Same Time

Then I really was going to skip today, even as–indeed, because–it is the 50th anniversary of 11 September. The original 11 de Septiembre, that is. Once is history, twice is parody. Feuerbach, as with Marx, was an optimist. Chile took only 17 years to get rid of Pinochet, and they did it at the ballot […]

The NPR program, This American Life and Student Loans

Interview Request:  The NPR program, “This American Life,” is looking for people living outside the US to interview about their student loans.  They have done surprisingly strong journalism in the past.  If this is you, please send an email to: [email protected] If you are outside of the United States and have Student Loans, “This American Life” […]