Tag Archives: Featured Stories

Improving Medicare Coverage Act – H.R. 5165 Medicare – Improving  Medicare Coverage Act; H,R, 5165, September 3, 2021 130+ House Democrats are co-sponsoring a bill by Pramila Jayapal, the Improving Medicare Coverage Act. The impact of which would drop the Medicare eligibility age to 60 years of age. All well and good, it is about time something is changing. Healthcare Insurance and medical costs are exceeding high in the US. Pricing of...

In October 2020, three public health academics published the Great Barrington Declaration, which argued that policymakers should focus on protecting those most vulnerable to covid, while encouraging those at low risk of death or serious disease to resume normal activities.  This would result in a rapid spread of natural immunity through the population, hastening an end of the epidemic. I will discuss the Great Barrington Declaration – both its...

Coronavirus dashboard for September 29: the demographics of disease and death First, let’s start with the good news. The Delta wave continues to roll out just about as swiftly as in rolled in. Cases are down almost 33% nationwide, including in all 4 regions:  And all 5 States that were the worst hit at the outset – AR, FL, LA, MO, and MS – are all continuing to decline. Below I show them, plus RI, which is #25 among the 25 lowest States +...

Matt Yglesias has published an interesting essay at his substack by Simon Bazelon and David Shor arguing that Democrats should introduce stricter means testing into the Child Tax Credit. Their key points are as follows: The current CTC design already has means-testing for very high incomes, which means that the administrative burdens associated with means-testing (making low-income people file tax returns, etc.) are already being...

Coronavirus dashboard for September 22: the Delta wave rolls out?   At last, it appears that the Delta wave may be receding, as for now, the US is on a definite downslope in cases. As of yesterday, the US recorded 135,000 cases, a 31,000 decrease from the peak only 20 days before: Deaths have continued to rise but may peak out below the 2400 level I identified previously as the low end of the range for a likely top by the end of this...

Median household income and housing affordability Let’s take a look at the affordability (or not!) of housing since there is no economic news of note today (Monday). Last week the Census Bureau released their annual report on median household income for the US, covering 2020. Since this is the best measure to gauge housing affordability, rather than average wages or income, this is a good time to update this information. Median household...

Coronavirus dashboard for September 13: on the downside of the Delta wave, vaccinations make all the difference With each passing day, it becomes increasingly likely that the peak of the Delta wave was just before Labor Day. We’ll probably get a pop in the weekly average number tomorrow, as today’s numbers replace the Labor Day holiday numbers, but unless there is a big surprise, it appears we are into the downside of the wave. But we are still...

Norway’s Climate Dilemma Carlos Joly, a finance-and-climate consultant, has a piece today on the upcoming election in Norway, one of the world’s major exporters of oil and gas.  To its credit, Norway puts its earnings in a fund to support future generations after its deposits are exhausted, known to economists as the Hartwick Rule.  That’s great for economic sustainability in Norway, but what about the threat its fossil fuel industry poses to the...

Coronavirus dashboard for September 10: was Labor Day indeed the peak of the Delta wave? I have been saying for some time that the Delta wave would probably peak around Labor Day. It’s not certain yet, but it is looking increasingly likely to have been the case. The Delta wave struck in both the US and Israel at almost the same time, with almost the same vaccination profiles. Here’s what cases per capita (bold lines) and deaths per capita...

Everybody talks about Medicare, Medicare4All, Medicare Advantage. Few talk about costs or what Medicare consists of for those who qualify for it. How can someone be in favor of Medicare4All, if you do not understand what regular Medicare consists and what it costs. I am guessing most people believe it would be free. What if it isn’t and you paid what many people pay today for Medicare and its supplements? Some Absolutes: Traditional...