June house price indexes show no peak yet; no respite likely in the “official” consumer housing measure Yesterday the Case Shiller and FHFA house price indexes were updated through June (technically, the average of April through June. Because the Case Shiller index is not seasonally adjusted, the best way to show them is YoY. Here […]
Some pretty interesting articles this week. I like the one about Alito. With trump, I can not figure out what was in his mind when he walked off with boxes of classifies documents. You are I would be in jail right now. Usual stuff about student loans. The $10,000 on many of these loans will […]
Let’s answer the question. I am going to break this up into several segments as it takes into consideration multiples of people, income, etc. I think it will be easier to absorb. A well-known expert in MIchigan has put together the answers. This is Part 1 – Single Individuals “How much does the #IRA lower […]
July JOLTS report: the broad deceleration in the game of reverse musical chairs (generally) continues I have been writing since early this year that, because of the pandemic, there have been several million fewer persons looking for work, leaving a huge number of unfilled job vacancies, particularly in the face of a roughly 10% higher […]
In chemistry, and in physics, a positive feedback loop usually yields an explosion. In biology, it is a population explosion. In electronics, it might be an unpleasant screech. In economics, both housing bubbles and inflation are products of a positive feedback loop. In re Global Warming: The melting of permafrost due to Global Warming releases […]
“Major Insurers Are Scamming Billions from Medicare, Whistle-Blowers Say” – PNHP, John Tozzi, Bloomberg, April 12, 2022 Teresa Ross had been raising objections at work for months when her bosses brought in a psychologist hoping to make her question her own sanity. A longtime manager at a Seattle health plan called Group Health Cooperative, Ross had opposed […]
Continued good news for consumers on gas prices There’ll be lots of economic news starting tomorrow, but for today let’s pause and take a look at the energy situation. Here’s a look at oil prices in the past year up through yesterday from CNBC: And here’s a look over the same time period from Gas […]
The republicans are indignant as hell that the Inflation Reduction Act, née Climate and Healthcare Bill, would increase funding for the Internal Revenue Service (IRS). Since Reagan, republicans had been defunding it for them that brought them; them being the very rich who don’t like paying taxes. After the 2010 cuts, it had gotten to […]
I believe we should fund traditional Medicare more, if the funds are going there (the funds are not going there). If you want something else, you are on your own. I do not want to pay the additional costs involved with MA Plans which we are doing out of Medicare funds. It is also no […]