I got my BA from the University of Tennessee-Knoxville in 1977. At the time, the university charged no tuition, but “fees” were about $165/quarter for a full load. Of course, as a state university, it was heavily subsidized by state tax dollars. Quite a feat for a state that has no income tax.The business model for higher education has been changing for a while. Small private colleges are closing or merging because of declining enrollment. State...
Read More »NPR Nails It: Highlights Two Programs That Make a Difference to Millions
NPR Nails It: Highlights Two Programs That Make a Difference to Millions, Center for Economic and Policy Research, Dean Baker. Dean Baker: I’ve complained a lot about how the major media outlets seem to highlight every piece of bad news about the economy, while downplaying or ignoring altogether the positives. Given my complaints, I want to offer a word of praise to NPR. Last night, NPR ran two pieces highlighting programs that make a big...
Read More »December 29, 1890 Wounded Knee Creek, South Dakota
A bit of history for Angry Bear readers which should be remembered. December 28, 2023, Letters from an American, Prof. Heather Cox Richardson On the clear, cold morning of December 29, 1890, on the Pine Ridge Reservation in South Dakota, three U.S. soldiers tried to wrench a valuable Winchester away from a young Lakota man. He refused to give up his hunting weapon. It was the only thing standing between his family and starvation, and he had no...
Read More »Largest ACO Program is Saving Piddling Amounts for Medicare
Introduction: “new analysis finds that that MSSP, the oldest and largest Medicare accountable care organization (ACO) program, has lost money for individuals it covers and overall for Medicare it saves just 75¢ per $1000.” AB: Not much of gain there. What does it do for other programs? “Largest ACO Program Saves Piddling Amounts for Medicare,” PNHP. As taken from “Estimated Savings From the Medicare Shared Savings Program,” JAMA Network,...
Read More »Trying Hard Not to be an Ugly American while Working in Thailand
Either in the beginning of our trip or at the end of the trip, we would end up in Bangkok, Thailand. Our stay was at The Landmark Hotel which to my knowledge was a Thai hotel and our plant(s) put us up there and on the Executive floor. Centrally located, it was easy to get to the plants and the airport. What you are looking at is the lobby. To the left of the picture, you can see the check in-out counter. Super polite and always smiling. If...
Read More »Soft Landing II
I promised a second entry in the series, Soft Landing this time it’s monetary. The question is why didn’t the FED’s monetary tightening cause a recession. There certainly was tightening, the Federal Funds rate rose from 0.07% to 5.33% There certainly were people who predicted a recession in 2023 (hey they still have 4 days so I am giving a hostage to fortune). Indeed some forecasters put the probability at 100%. Why ? First...
Read More »Trump University 2.0
Remember the wildly successful Trump University? Me neither.But elect Donald, and he promises to build on that success by stealing the endowments of major universities to create a national diploma mill.Click the link.Trump University 2.0
Read More »ACA Open Enrollment Period (OEP) is STILL ongoing
Charles Gaba was to become known to me because of Maggie Mahar who was featured at Angry Bear in the past. Another resident of Michigan like I was, one county and a few communities away from my own home. Thoroughly ACA knowledgeable and ACA competent. You can trust his words. I featured this commentary by Charles because it has some important dates and information. Charles is an excellent source of information on the ACA. Read him . . . The...
Read More »Last Two Presidents Impact on the Economy -Briefly
I am not going to put the entire detail of the Economic Impact under both presidents up at Angry Bear. It is just too much. You can read it at the link. Snippets of information are below. MSN does not provide the charts which are in the WaPo’s article. If you have a subscription, you may want to look at it. What I have here is much of the wording of the article along with some my thoughts. “Biden’s economy vs. Trump’s, in 12 charts” (msn.com) Abha...
Read More »One of the tallest trees in the economic forest has fallen: Bob Solow has died at the age of 99.
Kevin Quin at Econospeak brought this to our attention. In Memoriam: Robert Solow One of the tallest trees in the economic forest has fallen: Bob Solow has died at the age of 99. The modern study of economic growth could not have happened without his work, of course. He was also one of the funniest economists I know. For years I have had the following quote from him on my office door, which hilariously sums up his attitude to Lucas...
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