Tag Archives: politics

I am waiting to see what the courts dish out for the insurrectionists who thought it was kind-of-“kool” to attack the Senate and House while in session certifying the 2020 presidential election vote. The insurrectionist sitting at Nancy Pelosi’s desk was sentenced last week. He claimed he was looking for a bathroom. So far, I have not been impressed with the sentences handed down to insurrectionists. I believe the sentencing is too lenient. If we...

How “FHFA-CPI” using house prices rather than OER shows a sharp deceleration in inflation  – by New Deal democrat Paul Krugman made another foray into the “inflation is mostly gone” genre over the weekend with a thread on Mastodon that largely relied on the following graph: concluding that “[A]t this point the burden of proof lies on anyone claiming that we had more than a, well, transitory inflation spike that’s mostly behind us.” I’m...

Recently, The American Prospect‘s David Dayen’s introduced us to a new student loan system. A new program implemented for income driven based repayments (IDR). It requires lesser payback amounts and shorter a time period than the of 25 years to pay back. Unfortunately, a person would still be in their mid-forties if everything works out as planned. No restraints on tuition yet having the freedom to grow. There is a question of whether earlier relief...

Weekly Indicators for January 16 – 20 at Seeking Alpha  – by New Deal democrat I forgot to post this yesterday, so here you go today . . .  My “Weekly Indicators” post is up at Seeking Alpha. Every now and then you get a contratrend week, when a bunch of metrics move in the opposite direction as the overall recent trend. This past week was just such a week, primarily among financial indicators. As usual, clicking over and reading will...

A bit of history as reviewed on a “woman’s right to decide,” by Professor Heather, “Letters from an American.” Tomorrow marks the fiftieth anniversary of the Roe v. Wade decision. On January 22, 1973, the Supreme Court decided that for the first trimester of a pregnancy, “the attending physician, in consultation with his patient, is free to determine, without regulation by the State, that, in his medical judgment, the patient’s pregnancy...

I can not say I have been exposed to any of this switcheroo as my meds are older technology. We are also on regular Medicare and not Medicare Advantage. I have a larger say with the former. Part D works mostly except the pharmacies in my area are less helpful than they were in Michigan. And these drugs do seem to work to my needs for now. Doctor Pelzman does have a major point. The insurance companies, PBMs, distributors (McKesson, etc.) have...

The actual Big News in this morning’s housing report was – positive  – by New Deal democrat For the second month in a row, the biggest news in the housing report was not in the headlines.  Most of what you are going to read is about how bad housing permits and starts were, and that they are recessionary. And it’s true. In particular, the most leading and least noisy housing metric of all is single family permits, and they declined another...

According to Politico, Trump is against cutting Social Security and Medicare: Former President Donald Trump issued a warning to Republican lawmakers on Friday: Don’t lay a finger on entitlement programs as part of the debt ceiling showdown with the White House. “Under no circumstances should Republicans vote to cut a single penny from Medicare or Social Security,” Trump said in a video message. . . . Nevertheless, in issuing his...

Charles Gaba is doing another update on Covid death rates taking into consideration Partisanship and vaccination rate. At the bottom I include his last update if you wanted to compare commentary. “January Update: COVID Death Rates by Partisan Lean & Vaccination Rate (including BIVALENT BOOSTER data),” ACA Signups, Charles Gaba (sigh) Last month I posted what I assumed would be my final update of the red/blue and vaccination-level COVID...

And the King of Coincident Indicators rolls over  – by New Deal democrat This morning’s second big – and big negative – report was for industrial production, the King of Coincident Indicators (I call it so because historically, it more often than not marks the exact month +/-1 that a recession begins or ends). In December industrial production declined -0.7%, and manufacturing production declined -1.3%. Even worse, both were revised down by...