The Angry Bear

“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 of value or is it just the profit motive driving this program also. Just like Medicare Advantage . . . service and...

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 price indexes and new rent indexes) vs. increasing gas prices  “I suspect that the increase in gas...

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 on his case after the intro. There are more than 100 million people in America caught up in...

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 through Friday.  Most importantly for present purposes, I am very interested in dissecting both the producer and consumer price...

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 insurance. I was based out of Lejuene and did drink and bath in the water. Been exposed and I believe it has had an impact on my blood. Just try and prove it though. It is discouraging to...

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 in debt*inflation, so the term should be removed if one is thinking of long term sustainability. I think the reason the absurd number is used is...

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 box. Twenty-two years later, the U.S. is still recovering something, though I’m no longer certain what. Are we trying to avoid torture?...

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” may want to talk to you. The program is looking for people who have left the United States due to the...

Today, several folks have posted 9/11 remembrances online. I’m fine with that. We should remember the people who died as a result of the plane crashes, as well as their families and friends. But don’t stop there. Also remember how this tragedy was cynically exploited for political purposes by folks like Rudy Giuliani and George Bush. How it was dishonestly used to justify the US invasion and military occupation of Iraq*, the torture and abuse of...

This is a good take on what has driven the decline in inflation or at least it is what I believe. Mike has an explanation on the Phillip Curve within his article. I skipped by it as I felt it was addition to the supply side explanation. Or not needed as a part of the explanation. Supply-Side Expansion Has Driven the Decline in Inflation, Roosevelt Institute, Mike Konczal “After two years of persistently rising prices, inflation has finally...