Angry Bear

Monthly payments could get thousands of homeless people off the streets

Doug Smith Los Angeles Times Monthly payments for housing could get thousands of homeless people off the streets. It sounds like a voucher idea where the funds could only be used only for housing, apartments and heat and electricity. Or paid directly. A stipulated basic income to house thousands of homeless people in various situations […]

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A Doctor at Cigna Said Her Bosses Pressured Her to Review Patients’ Cases Too Quickly

I first caught up with this article on MedPage Today, “Doc Blows Whistle on Cigna.” This is another example of what is going on to cuts costs by reducing the time to decide on important procedures and functions which require critical analysis. Doc Blows Whistle on Cigna Cigna increased its efforts to speed up claims […]

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How Did Under-40s Get So Much Richer During Covid?

by Steve Roth Wealth Economics This picture from the Center for American Progress, and variations, have been making the rounds on the interwebs lately, eg here, here, and here. The headline is that younger households got 49% richer during/since Covid, in inflation-adjusted “real” terms. But some drill-down is in order here. What actually happened? Start with background. Here are the nominal […]

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March JOLTS report: declines in everything, fortunately including layoffs

 – by New Deal democrat After almost half a year of general stabilization, or very slow deceleration, the JOLTS report for March featured multi-year lows in almost all of its components.  Job openings (blue in the graph below), a soft statistic that is polluted by imaginary, permanent, and trolling listings, declined -325,000 to a three year […]

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Manufacturing treads water in April, while real construction spending turned down in March (UPDATE: and heavy truck sales weren’t so great either)

by New Deal democrat The Bonddad Blog A preliminary programming note: In addition to the manufacturing and construction reports, today we also get the JOLTS report for March, and updated motor vehicle sales reports. Yesterday we also got the Employment Cost Index for Q1. I will comment on the JOLTS report later today. I’ll comment on […]

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Eric Segall tells us what he really thinks about the Roberts court

Law professor Eric Segall is a leading critic of the Supreme Court.  In a blog post today, he doesn’t pull any punches: The disaster that wasthe Trump v. United States oral argument reminded me of how little the Roberts Court has actually cared about rule of law values and legal transparency during its 18-year run. Leaving aside […]

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Supreme Court watchers mollified themselves (and others) with vague promises 

Dahlia Lithwick and Joseph Stern as taken from Slate Good read as one can see how the SCOTUS 5 or 6 are twisting the logic of Constitution first and then the president into something more reasonable. Military swears first to the Constitution. This is a very strange read for myself. Others may not find it […]

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Postal regulator directs USPS to request an advisory opinion on DFA or to show cause why it won’t

by Steve Hutkins Save The Post Office USPS: For those who are wondering, DFA is “Delivering for America.” It consists of various initiatives, some of which have been initiated and some which have not. The initiatives are found in the Table of Contents on Page 1 listed as Strategies in the Delivering for America document. […]

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Repeat home sale prices accelerated in February (but don’t fret yet)

 – by New Deal democrat The Bonddad Blog Our final housing statistics of the month are the FHFA and Case Shiller repeat sales indexes. As usual, keep in mind that mortgage rates lead home sales, which in turn lead prices. Which, in turn, lead the official CPI measure of shelter by a year or more. […]

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