Previouly . . . As Dr. Perry Wilson explains; “Different chronic diseases have different patterns of price increases. The biggest increase was seen in diabetes care (1993 – 2013) and driven largely by the rising prices of pharmaceuticals” of which the cost of manufacturing did not increase. Now Secretary of HHS, Alex Azar as the CEO of Eli Lilly raised the price of the century old drug Humalog used to treat diabetes by 345% taking it from...
Read More »Relevance without the noise
by Merrill Goozner GoozNews The 2022 Washburn fire nearly reached Grizzly Giant, the giant sequoia thought to be somewhere between 2000 and 3000 years old. Only the heroic efforts of park rangers and firefighters saved the tree: But the fire’s aftermath could be seen throughout the southern portion of the park. Started by man, exacerbated by misguided fire suppression strategies (now abandoned), and fueled by a ten-year drought...
Read More »News Media Lying to the Public
I follow Dean Baker because it is easy to do so. I do not end up pondering whether something written makes sense or not. Perhaps, my agreement is due to my seeing the same issues and understanding them. However let’s face it, bad news media does sell advertisements which pays for this. If I told you everything was rosy as documented at Angry Bear, would you read us? You would probably shrug your shoulders and yawn. If we give you something to...
Read More »US for-profit healthcare system still ranks dead last
It should come as no surprise to regular AB readers that the US for-profit healthcare system is a disaster for everyone except the executives and stock-holders. Here’s yet another confirmation:“A report out Thursday shows that the United States’ for-profit healthcare system still ranks dead last among peer nations on key metrics, including access to care and health outcomes such as life expectancy at birth. “The new analysis from the...
Read More »The hype for hybrid cars will not last
I am reading this short piece and wondering how many people will commit to full electric? I do not see this occurring for a while. The batteries just do not last long enough for many people to accept electric vehicles today. Hybrids are going to be around for a while till the technology catches up. I am thinking 5 years out before there is a battery which will handle a large load for a long period of time before needing recharge. How fast can you...
Read More »The World without Us
Review: The World without Us by The one-handed economist one-handed-economist.com I just read this 2007 book by Alan Weisman, and it’s encouraging — not because it gives me any hope for humans but for the Earth. Weisman goes on a tour of human impact (and destruction), looking at one problem (plastics, pollution, biodiversity, etc.) or place (the oceans or cities) at a time. The book is packed with facts and useful context. Here are a...
Read More »Oklahoma Attorney General Suing Pharma Mfgrs and PBMs
Bit of an Introduction ; The above chart shows the extent of the consolidation of PBMs which also portays the growing lack of competition. The chart comes from the Oklahoma petition filed in the Cleveland County District Court. Cleveland County is the fifth fastest-growing county, encompassing vibrant communities such as the southern part of Oklahoma City, Moore, Norman, Noble, Lexington, Slaughterville, Little Axe, as...
Read More »Short Story on Tupperware
I am confident many of our moms had Tupperware in the house. High density molded soft plastic which could withstand cold temperature and some degree of heat coming from hot water. Came with lids which could seal food within the container and also burp them to release some air and create a tighter seal. A staple within our household and also my mothers’. The only issue was probably cost. There were opportunities to hold parties where women would...
Read More »Quick and Dirty Economic Indicator Says: Not Even Close to Recession
– by New Deal democrat There are some economic and financial indicators that aren’t classic leading or lagging indicators. Rather, they are “over-sensitive” in one direction or another. Two good examples are heavy truck sales and the unemployment rate: they are over-sensitive to the downside: they lead going in to recessions, but lag coming out. The S&P 500 stock market index fits in this category as well. The classic aphorism is “the...
Read More »Overdoses, the Economy, and Politics
September 19, 2024 Letters from an American “Democracy depends on at least two healthy political parties that can compete for voters on a level playing field. Although the men who wrote the Constitution hated the idea of political parties, they quickly figured out the party’s tie voters to the mechanics of Congress and the presidency.” Only one such party exists. Yesterday morning, NPR reported that U.S. public health data are showing a...
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