This recent article on NPR was passed on to me after a recent conversation with Steve Early who along with Suzanne Gordon write articles on veteran’s affairs. Usually and in this instance, NPR is careful who or what they support. However, you still have to read things carefully. Steve in conjunction with Suzanne Gordon and Jasper Craven recently released their book “Our Veterans.” I post on the bool most recently. The book “critically examines the...
Read More »Minnesota’s future: How to contain health care costs, revisited
This is an interesting occurrence. On its own Minnesota is moving forth with a health care study to be completed by March 2024. The study topic is the implementation of single payer within the state and its impact on administrative costs. This year the state began questioning its present commitment to traditional healthcare’s and its administrative role in healthcare. Kip on numerous occasions has pointed out the costs of administrative costs of...
Read More »Former Students Plan to Ignore Loan Repayments When Pause Ends
Former Students Plan to Ignore Loan Repayments When Pause Ends, Newsweek, Khaleda Rahman “I will not give them one cent!” 45-year-old teacher Jacque Abron said about resuming her student loan repayments when the COVID-19 pandemic-era pause comes to an end. “The illegal lending scam is over and I’m fighting until we see bankruptcy rights restored.” The mother of three is far from alone in her refusal to return to a life struggling to chip away...
Read More »Weekly Indicators for June 19 – 23 at Seeking Alpha
New Deal democrats Weekly Indicators for June 19 – 23 2023 – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. When nothing dramatic is happening, high frequency information can be like watching paint dry. That’s where we are at the moment. The positives – like improving sentiment in the stock market – are still positive; and the negatives – like interest rates and mortgage applications – are still negative. And the...
Read More »Some Things Amazing, Economical, Finally Happening, Legal, and also Yawn About
Interesting national reports as detailed in Letters from an American. At least, I find them interestingto be redundant. Multiple topics passing in review. June 22, 2023, Letters from an American, Prof. Heather Cox Richardson Something Amazing for Drivers “To rebuild I-95 on time, we need 12 hours of dry weather to complete the paving and striping process,” Pennsylvania’s Democratic governor Josh Shapiro tweeted. “With rain in the forecast,...
Read More »‘There’s no way I can pay it’: Americans dread restart of student loan payments
About the time I was talking to USC’s Associate Director and Alan Collinge at the Student Loan Justice Facebook site, Michael “The Guardian” reporter was talking to students there about payback issues. Everyone is concerned about the startup of loan paybacks. It is a serious issue for most. ‘There’s no way I can pay it’: Americans dread restart of student loan payments, US student debt | The Guardian, Michael Sainato Many Americans are dreading...
Read More »Back to the basics: how do initial claims, total hours worked, aggregate real payrolls, and job growth relate?
Back to the basics: how do initial claims, total hours worked, aggregate real payrolls, and job growth relate? – by New Deal democrat One of the most important reasons why big Fed rate hikes and big downturns in things like housing starts and credit provision haven’t translated into a recession this year (so far!) is the big decline in gas prices in the second half of last year. This big decline has translated into income and spending gains...
Read More »Initial Job claims: yellow caution flag turns more orange
Initial claims: yellow caution flag turns more orange – by New Deal democrat Initial claims, which were one of the most positive indicators of all last year, have turned darker in the last several months, and are edging closer to triggering their recession warning levels. Claims were unchanged at a revised 264,000 last week, the highest level in over 18 months. The more important 4 week average rose 8,500 to 255,750. Continuing claims, with...
Read More »Wage Passthrough to Pricing is Minimal and Abating
This commentary is along the lines of what I have been taught when I was consulting with Ingersoll Engineers in Rockford and which is now extinct. My background includes manufacturing planning at all levels domestically and internationally for US and foreign companies. Labor’s wages are a small part of the Cost of Manufacturing, etc. Spencer England and I went round and round on this topic. Manufacturing, Inventory and Throughput planning was my...
Read More »Corporate Healthcare being Handed ‘Get Out of Jail Free Cards’
Much like Kip Sullivan in Minnesota/PNHP who Angry Bear has featured, Kay Tillow of Kentucky is a Single Payer activist. You will find Kip saying similar things about Medicare Advantage, etc. And we are all a little bit different attempting to reach the same goals . . . preventing the privatization of Medicare and achieving Single Payer. Kay’s article appeared on Common Dreams. I have added some things to her article and emphasized some points I...
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