Tag Archives: politics

Have not done this in a while, maybe a long while. It was late 1996 and Participation Rate was up at 67%. It stayed up there till 2001 and Greenspan began a gradual decrease from in the Fed Rate from 6.0% down to 1.75%. I believe we had a small recession back then. Greenspan was trying to avoid it from becoming worse. 2001 was the last time the country saw Participation Rate at 67%.. The country has not seen a 67% Participation Rate since 2001...

This year I canvassed in MI before the primary and in NC last week.  I don’t like canvassing, it’s boring and tiring, but you do meet some interesting people and see things you would not otherwise see.  A few observations. Many people seem to be *deeply* isolated.  One woman said she could not open the door.  I wasn’t sure if she was disabled or scared.  A lot of people do not have doorbells, or their doorbells are broken.  That shocked and...

An economy (noun) is a social entity’s aggregate activity of producing, distributing, and consuming goods and services. Economics (noun) is the study of economies. The various aspects, attributes, and metrics things associated an economy are sometimes referred to as economics (noun). An economic policy is intended to influence or control the behavior of an economy. All governments have an economic policy. Usually, governmental economic policies put...

Open thread November 4, 2022, Angry Bear. (angrybearblog.com).

Both of these articles by Mark Stern are good reads. He gets the point across without using the typical legalese in explaining his stance. It is interesting, how Judge Reeves places the responsibility right back in SCOTUS and Thomas’s lap. In other words, they have to decide how to work through the history quagmire created by Thomas. The court is not deciding based upon Constitutional interpretation which the Nineth Amendment covers. The court is...

Medicare is almost $200 billion in gross drug spend: Who gets the blame? — 46brooklyn Research This is a complex issue as there are many moving parts to drug pricing and their costs. Perplexing in describing the drug spend issues would seem appropriate. I am not even sure if this long post will adequately define the issue of how drug prices are set. However, here is another article which I believe may break this down even more so. Later on...

How can that be? Something the Biden administration did made access to Medicare easier by providing quicker access to Medicare. The Medicare improvements incorporate no delay in coverage, better access (SEPS), and eliminates late enrollment penalties for Part B under certain conditions. According to CNN news and other news outlets, Biden has taken credit for things he did not do. Rather than mistakes made in announcing economic improvements,...

Courtesy of EMicheal in comments. Kind of the point, I have been making for a while now. Labor wages are not the big driver of inflation. Corporations are increasing non-cost related prices and blaming it on inflation. But it’s not because of inflation. It is a cause of inflation. The public newscasters are selling their wares, ignorance, or lies on TV or the internet. It is a deliberate miscasting of the economic issues. Prices are rising not...

October jobs report: late cycle deceleration and deterioration  – by New Deal democrat With the sharp increases in interest rates, and the complete stalling of real consumer spending measured YoY, since early this year I have expected employment to follow suit, decelerating over time to a stall. And the three month average in employment gains since February decelerated from over 500,000 to 372,000 through September. Because jobless claims,...

Are You Sure About that? Not sure why a man with an orange face and orangish thin hair holds such sway over so many people. He has done so little for the people who follow him. They believe his every word. In Arizona, the poll watchers are out at each of the polling boxes. Not sure what they are going to see as each person deposits the enveloped ballots. My wife and I took ours to the Post Office. Armed and masked men taking pictures of people...