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

Healthcare in the United States

Curing U.S. Health Care, Part II Paul Krugman On March 23, 2010 President Barack Obama signed the Patient Protection and Affordable Care Act — usually referred to either as the Affordable Care Act or as Obamacare — into law. Joe Biden, then the vice president, could be overheard whispering “This is a big fucking deal.” […]

Sunday Question: Was Biden Economics Good or Was It Bad?

Yep, This one is from a couple of weeks ago. I like it because, we are seeing Trump destroy much of the economy, building debt, legislating tax giveaways to the upper 10% in the economy, snatching healthcare away from the middle and low in income citizens, and just being an ass. And Republicans are helping […]

“resurgence of shadow banking?”

There’s a whiff of 2008 in the air. “Private Credit and the New World of Financial Risk,” Paul Krugman On July 15, 2007, the New York Times published an article titled “The richest of the rich, proud of a new Gilded Age.” The article was centered on a profile of Sanford Weill, CEO of Citigroup, who, like […]

Trump Tariffs, Who Pays?

Warning: Today’s Post Will be even Wonkier Than Usual . . . Until recently the question of who pays tariffs (Paul Krugman) wasn’t controversial among economists. The overwhelming consensus was that under normal circumstances tariffs — taxes on imported goods — are passed on to consumers in the form of higher prices. There are caveats […]

What is There to Understanding the Need for Healthcare Insurance?

Paul Krugman on a November Thursday talking insurance. We have mandatory auto insurance. We have life insurance, unemployment insurance, home owners insurance, travel insurance, etc. Yet for some reason the nation can not get into their head the need for healthcare insurance for all whether it is commercial or government backed. The person in the […]

Trump Is Making Great, Great Again?

“even if Trump’s push to establish authoritarian rule is defeated, it will take many years to recover what we’ve lost.” I have been thinking of this all along. Domestically? Tr_mp has been breaking the nations gains down. What comes to mind is reducing the minimum wage for federal contractors, rolling back rules that strengthening overtime […]

“late-night raid on Chicago apartment building”

More violence involved with raids on apartment building than on the streets of a city. This is occurring in what is called targeting gang members. What I am reading it is becoming more of a sweep of children and women. Small families who have come to the United States, have lived here for a while […]