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Tag Archives: politics

Open Thread March 24 2024 Shorter Work Week – Is It All It Promises to Be?

A New Norm: Senators Bernie Sanders and Laphonza Butler presented an intriguing idea: making a shorter work week a national norm. The bill they introduced proposes changing the standard workweek with no loss in pay for certain groups of employees, including many hourly workers, from 40 to 32 hours, at which point overtime pay would kick in. Whether that change sounds quixotic depends on whom you ask. But as Sanders said in a statement: “Moving to...

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2025 Medicare Advantage Advance Notice: Small Changes, Missed Opportunities

Pretty much a rewrite to provide simpler reading and a better understanding for readers. My rewrite did not make it much shorter. It is taken from a recent 2025 Health Affairs article. The main thrust of this article being commercial Medicare Advantage insurance companies taking advantage of government payments for healthcare to Medicare patients. The other part being CMS doing more to resolve the issues. MA Coding for patients is set the year before...

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Right-wing attempts to impose Christian nationalism on the United States

History and some excellent up-to-date reporting by Prof. Heather cox Richardson I am sharing here as I subscribe to her Letters from an American. She explains the efforts of a few, a minority of political actors who are attempting to sway the opinions of Americans with their stilted dialogue promoting right-wing beliefs. It should be ignored. However it is . . . – Prof. Heather Cox Richardson Letters from an American In the past few weeks,...

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Republican Budget Cuts Earned Benefits; Keeps Trump Tax Cuts

Angry Bears’ Social Security expert Dale Coberly emailed this to me about the same time it showed up in my inbox. Republicans again are trying to sell the public on the need to cut Social Security and Medicare Budgets for those over 65. Cutting them while keeping the Trump tax breaks which will result in a $2 trillion deficit by the time Reconciliation measures end in 2025. The cuts makes no sense as both programs are far more efficient and effect...

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Federal Reserve holds interest rates steady (as it goes?)

Interest Rate increases to fight perceived inflation or not fight perceived inflation? Big believer in the cause of much of the inflation being deliberate supply chain planning to increase prices. Have not seen a deliberate price increase yet which will fix a supply chain. Poor or deliberate planning creating issues, a lack of knowledge on supply chains, and invalid sourcing. Pick one. Similar occurred in 2008-10 and it raised its ugly...

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Preventing prevention

Chances are everyone pays for Preventative Care in the overall cost of a policy. There is no obvious cost sharing. This is ridiculous argument on the part of the anti this and that healthcare insurance companies and those who believe the government goes too far in healthcare and then denies the care. Another Bad Moon Arising with SCOTUS “traditionalism” interpretation of the Constitution. What would they do in 1776? ~~~~~~~~ The rightwing...

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“Are you better off than you were four years ago?”

Bonddad Blog  – by New Deal democrat No economic news today, so let me take a look at the supposed killer recent GOP meme that they claim is completely unanswerable: “Are you better off today than you were four years ago?” This is based primarily on consumer sentiment reading as well as polling that has consistently shown that most people think that the economy is poor, even though they rate their own situation as doing well. Dan...

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County shows higher levels of PFAS in blood than the U.S. population

The DHHS report (Michigan) found age, gender and other factors contributed to differing PFAS blood levels Kyle Davidson @ Michigan Advance Angry Bear: Shortly before we left Michigan for other digs. the pollution of water ways due to PFAS was coming more to light where we lived in Livingston County as well as other parts of Michigan. There was an advisory not to eat the fish out of some lakes. PFAS (Per- and polyfluoroalkyl substances) are a...

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Social Security: What Would Happen If the Trust Funds Ran Out?

A repost of a Bruce Webb take on Social Security and what happens if the Trust Funds go to zero. This is from 2015 and as you know, not much has been done. In one respect, maybe nothing should be done as long as it does not become a major crisis. By that I mean, we should be sure our actions are not over-zealous in solution. Do enough to stabilize it for the future as Dale Coberly and Bruce Webb proposed with the Northwest Plan. The timely is now...

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Open Thread March 17 2024, January and February were rough months for inflation

Employ America’s current corecast is for a 2.86% YoY core PCE print for February. The six-month growth rate of core PCE, which was under 2% in December, should now be over 3% in February. Core services ex-housing inflation will be up on a year-on-year basis versus the previous meeting. Many FOMC members, especially among the moderates in the committee (Daly, Mester, Powell, Waller) have expressed a willingness to look through a hot January...

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