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

Factors Contributing to U.S. Healthcare Spend

Briefly, just a quick and simple look as what contributes to total US healthcare spending. This is part of a much larger report: “How Has U.S. Health Care Spending Changed Over Time?” I find this part of the report to be interesting. But then, I was a consultant who was looking at throughput analysis. Very […]

Lies, Statistics, and Republican talking points about the ACA

Making the ACA marketplace plans a factor in economic issues is false as Andrew Sprung points out. The costs for marketplace ACA plans will experience similar inflation the same as employer plans. That is unless insurance companies jump on the bandwagon claiming the ACA plans are more expensive. This report is from mid-December. I would […]

The State of Freight is Mainly Recessionary

– by New Deal democrat This morning, we were supposed to get an actual, on-time JOLTS report for December. But with Pastor Mike Johnson having done what he does best, i.e., keeping the House of Representatives out of session while critical deadlines pass, the BLS announced yesterday that several reports, including both Friday’s jobs report for […]

When “tariffs work,” they work at a cost

One story that drew attention last week was the sharp divergence between US aluminum prices and prices elsewhere in the world. The US premium passed $1 per pound for the first time ever, reflecting the higher costs US aluminum users now face relative to their foreign counterparts.   Some commentators characterized the development as a sign that tariffs are working, pointing to announcements that the US may see its first new aluminum smelting plant since 1980.  In fact, what is playing […]

Automotive Manufacturing in Mexico

Since I worked in Mexico for about 26 weeks, I learned quite a bit about what was going on in automotive manufacturing. Some things to understand. The pay is less in Mexico. However, there are benefits for Labor which are covered by government programs.1 “Employee Benefits in Mexico: All You Need To Know.” It is […]

TACO comes to Harvard*

Trump quietly chickened out on his effort to extort $200 million from Harvard University. “Harvard has been the top target in Trump’s sweeping campaign to exert more control over higher education. Hard-liners in his administration had wanted Harvard to write a check to the U.S. Treasury as part of a deal to address claims that […]

Mark Twain and RFK Jr

Mark Twain famously observed: ”A lie can travel halfway around the world while the truth is still putting on its shoes.” Today is the 16th anniversary of the retraction of Andrew Wakefield’s fraudulent report claiming a link between vaccination and autism. Sadly, RFK Jr and his fellow anti-vaxxers got the lie but not the truth. […]

ISM manufacturing for January breaks out to the expansionary upside, with a sidecar of stagflation

 – by New Deal democrat Although it ended almost three months ago, there are still many economic series that have not caught up, including construction spending, which would normally have been reported this morning for December. As of now, it is only updated through October, and November and December are not expected to be reported for […]

Healthcare Cost Variance Across the Population

Just a portion of a much larger KFF article on the affordability of healthcare. This portion of the report looks at severity of needed healthcare and what percentages of the population can afford it. The report splits its findings based upon age, severity, access to insurance, affordability, etc. Age is a large factor with those […]

Milan Protests the Presence of Immigration and Customs Enforcement

U.S. Immigration and Customs Enforcement in Milan? at the Olympics? Their presence at the Olympics in Milan is a distraction from the event. Italy’s civilian population is angrily protesting their presence. I can not imagine how the Immigration and Customs employees could get past detection. It is not going to take much (a faux pas) […]