On Labor Day 2022, how well is labor doing? This is Labor Day, so let’s take a look at a few metrics of how labor is doing. As an initial aside, occasionally I get asked why I write about expansions and recessions. An important reason is, pretty much by definition during recessions jobs and income decline. During expansions they, well, expand. So forecasting whether the period ahead will feature better or worse conditions for job-holding and...
Read More »Committing to Ukraine
We need to make a long-term commitment to Ukrainian victory. Jack Watling: Given that offensive operations to liberate occupied territories are likely to run through 2023 and are dependent upon Western aid, it is important that Ukraine’s international partners stop periodic announcements about specific lists of equipment and instead articulate a longer-term commitment to structural aid out to 2024. The reasons for this are straightforward....
Read More »How Much Does The ARP/IRA Lower Health Insurance Premiums Now?
In 2020, after Democrats had retaken control of the House of Representatives, the third version of the larger bill managed to actually pass the House under the more reasonable title of the Patient Protection and Affordable Care Enhancement Act. Of course, it didn’t even get a vote in the Senate. In early 2021, a temporary version of this bill by Rep. Lauren Underwood, was in the American Rescue Plan (ARP). It passed both the House & Senate on...
Read More »Pride, Chaos, and Kegs on Labor’s First ‘Day’
A bit of history leading up to the creation of Labor Day as a holiday, the first day of celebration, the politics, how it came to be, and the politics as told by Prof. Heather. That first celebration being held September 5, 1882; at noon that day, when the marchers arrived at Reservoir Park, the termination point of the parade. While some returned to work, most continued on to the post-parade party at Wendel’s Elm Park at 92nd Street and Ninth...
Read More »Lest We Forget . . .
How we got to this point? Maybe now seems like a good time to review the five core truths about the Russia scandal. “Lest We Forget …” | Homeless on the High Desert, August 29, 2022, g’da said “It was a few days after the FBI executed a court-approved search warrant at Mar-a-Lago. Donald Trump started complaining anew about the investigation into the Russia scandal, reiterating his familiar belief that the controversy ‘was a hoax.’” The former...
Read More »“Finally, Some Accountability for Medicare Advantage Ads”
This was sent to me by Dale Coberly. I was wondering why Dale was sending me trash advertisements. Skimmed it and then it dawned on me. Much of this advertising is made to sway people’s minds to do something. It is the type of advertising I sometimes wish to throw a shoe at the 65-inch screen when it should be shown on a 12 -inch screen. It is especially aggravating, when the advertising includes the famous, the rich, the good-looking, etc....
Read More »What the IRA could mean for PBMs
“What the Inflation Reduction Act means for PBMs” Times of News This is a strange little article trying to fill a gap in knowledge. The italicized sentences are mine. It does make some sound points on PBMs so I kept it. If you can get into Seeking Alpha or Modern Healthcare, you may find a better version. The sweeping law President Joe Biden enacted Tuesday offers relief to some prescription drug users. However, the pharmacy benefit managers...
Read More »Introducing the New USPS Sorting & Delivery Centers
Save The Post Office Steve Hutkins and Mark Jamison (retired NC postmaster) have been writing about the USPS for a long time now (years). This post is about Louis DeJoy’s efforts to centralize the Post Office into hubs with carriers leaving from the hubs and having local post offices becoming little more than retail outlets. Thereby making it more complex. His time of being removed for his office is fast approaching. Biden will be able to replace...
Read More »Climate Change and Back to Drawing Board for Economists
NYT article Pace of Climate Change Sends Economists Back to Drawing Board, Lydia DePillis, Aug. 25, 2022, a reporter on the Business desk at The New York Times. Previously, she covered federal agencies at ProPublica, the national economy at CNN, the Texas economy at The Houston Chronicle, labor and business at The Washington Post, the technology industry at The New Republic and real estate at the Washington City Paper. She grew up in Seattle and...
Read More »In which I parse and war-game the Trump “special master” litigation
In which I parse and war-game the Trump “special master” litigation And now, for something completely different .. .. While I have zero special knowledge about Federal criminal procedure, I *do* pay very close attention to “tells” in human behavior. (See, for example, my parsing of Bill Barr’s ‘summary’ of Mueller’s report summary, in which i accurately forecast what cherry-picking elisions Barr had made to Mueller’s document, which actually...
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