Tag Archives: US EConomics

No that is not the real story here today. It does give a perspective on why so many too big, too fast, and too often vehicles are eating up limited supplies of gasoline and oil. However, what is being missed is we are not buying more oil for the Strategic Oil Reserve. Although, I am recalling our younger days when for Christmas the boys (meaning my brothers and I) would get “metal” Tonka pickup trucks and other versions of the same brand. Not a...

Very strong initial jobless claims probably the result of unresolved post-pandemic seasonality  –  by New Deal democrat It continues to be reasonably clear that there is some unresolved post-pandemic seasonality in initial jobless claims, which nose-dived last September and rebounded during October. So far the same pattern is evident this year. To wit, initial claims rose 1,000 last week to 207,000. The more important 4 week moving average...

LARC (Long Activer Reversible Contraceptives) are highly effective. It seems to me past time for the US Federal Government to pay for contraceptives (all types not just the device of pharmaceutical but also cost of care from the prescribing physician if required) for everyone who wants them (including Elon Musk if he changes his mind about reproducing as much as possible — no means test). I think that Joe Biden and Nancy Pelosi should make a big...

The current economic “big picture”: by no means are we out of the woods  – by New Deal democrat There is no particularly important economic news out today, so let me take this opportunity to step back and give you more of a “big picture” view of my current thinking. To the extent there is a consensus, it is that a recession has been avoided and a “soft landing” of low inflation and positive jobs and income news will continue. So far, the...

This is the upper end or the delivery of product and care of the healthcare food chain. If you want to improve healthcare delivery pricing, you might want to go down a couple of levels more also. The costs of pharma and healthcare supplies are areas to investigate. It may have a bit more of an impact. Rituxan at Medicare prices or private insurance prices. There is a price in between which can be achieved and better than today’s prices. A...

Wednesday (October 4, 2023) found more than 75,000 union employees of Kaiser Permanente, one of the nation’s largest not-for-profit health providers, walked off the job, marking the largest health care worker strike in US history. Kaiser Permanente unionized health care workers go on strike across dozens of locations, cnn.com, Samantha Delouya. Open Thread – NPs and PAs are Handling Primary Care Visits, Angry Bear...

August JOLTS report: a pause in deceleration, but the trend remains intact  – by New Deal democrat Last month I concluded my post on the July JOLTS report’s sharp declines by noting that “None of these statistics move in a straight line, so it would be a mistake to project this report’s relatively big moves forward. But the trend clearly remains in place.”This month’s report for August showed that was the case, as all of the major metrics...

Manufacturing and construction have the most positive reports all year  – by New Deal democrat As usual, the monthly data starts out with reports on the two most important production sectors of the economy, namely manufacturing (for September) and construction (for August). For a change, the news was mainly positive. Let’s start with manufacturing. The ISM’s diffusion index, where any value below 50 indicates contraction, came in negative...

I broke this report into two parts as it becomes harder to complete reading when each of us has other obligations. CHQPR or the Center for Healthcare Quality and Payment Reform is a national policy center facilitating improvements in healthcare payment and delivery systems. As explained earlier in Part 1, rural hospitals are facing issues remaining open due to the lack of revenue for the services provided and a lack of use of various services. The...

$42,000 per flight hour that’s 7 switchblade drones per hour. It raises the question of whether the F35 would be cost effective if we got the planes for free (not $80,000,000 each ). Currently F35s manage on average 11.2 flight hours per critical failure (I got that one partly from memory and partly from googling [f35 11.2 hours]. For one thing, that raises the question of how many will be available when they are needed. For another how many...