Saturday, August 5, 2017

The individual insurance market has shrunk by 13% in one year, led by those unsubsidized

From the story here:

As of March 2017, the individual insurance market totaled 17.6 [million-doh!] people. That is down from 20.2 million one year prior. This is a decrease of 2.6 million people, a 13 percent drop in the size of the overall individual-health-insurance market. 12.2 million bought their health insurance on the state- and federally run Obamacare exchanges [vs. 12.7 million the previous year]. 5.4 million people bought their insurance off of the Obamacare exchanges [vs. 7.5 million the previous year]. ... In other words, enrollment is steady among those who receive subsidies but declining dramatically among those who do not. ... In fact, in 2015, 7.5 million people paid the fine, while 6.5 million paid the fine in 2016, according to the IRS. ... After four years of attempts by the Obama administration, no more than 40 percent of those eligible for subsidies availed themselves of the program.

Liberalism has become illiberalism, insisting that bombing is the only way forward

Usefully discussed here.

"We have to destroy the village in order to save it."

Three easy steps to joining the middle class

1. Get a job
2. Marry someone who also has a job
3. Pool your resources and buy a house

Three salvos this morning in the libertarian war against homeownership: Fortunately human nature is stronger




Friday, August 4, 2017

There's something you don't see everyday: Grossly UNDERESTIMATING "not in the labor force"

It's actually 94.6 million in July 2017, not 50 million.

Among all those millions, just 5.4 million "want a job now". The rest are old and retired, young and in school, unable to work because of disability, homemakers, etc.

You people out there just don't get it.

If employers could fire 30 million of your asses in 2009 and get along just fine without you, they still can.

If anyone's lying about GDP, it's Rush Limbaugh

Rush Limbaugh just said Obama's never had real GDP above 1.5%, which is just silly. The man doesn't have a clue what he's talking about.


Full-time job growth under Trump so far beats Obama and Bush, but that's about it

Note that employers panicked under Obama and fired people like crazy after his election, so there was a steep decline in full-time.

So far the growth of full-time shows a tentative thumbs-up to Trump, but still nothing like the vote of confidence typical after previous changes at the helm of state.

The puny 2.5% growth under George W. Bush, keep in mind, was still all pre-911 and post-Reagan bull market, which ended in August 2000. Trump is doing better than Bush, but not by much.




Thursday, August 3, 2017

Robert Mueller contributed money to anti-marriage, pro-Obama crackpot William Weld in 1996

Reported here:

Mr. Mueller made two contributions in 1996 to Republican William Weld, then a candidate for a U.S. senate seat in Massachusetts, according to the Center for Responsive Politics, which tracks money in politics.

From my lips to God's ears: Death Wish is back, starring Bruce Willis

Trailer here.

White House renovations August 4-21, so Trump's headed to New Jersey

Not Martha's Vineyard.

Insane libertarian fixation on mortgage interest deduction, edition 4716

You would think a libertarian would acknowledge that shielding YOUR money from taxation is a good thing, but you would be wrong. There are at least seven tax loss expenditures more costly to the tax man than the mortgage interest deduction, but their crazy war on it continues nonetheless. What it masks is the underlying hatred of conservatism homeownership represents. Homeowners settle down and raise kids instead of sacrificing themselves to the needs of global capitalists. That's their real problem with it.




Tuesday, August 1, 2017

Grand Rapids, Michigan, climate update for July 2017

Mean average temperature was 72.5 degrees F in July 2017 in Grand Rapids, Michigan. The mean is 72.2. The average to date is 50.0. The mean to date is 46.7.

The lowest minimum temperature was 53. The mean is 49.

The highest maximum temperature was 90. The mean is 94. July is the warmest month of the year by average temperature (above), so it's not going to be a very hot summer since it's all downhill from here.

Precipitation was 1.12 inches. The mean is 3.13.

Cooling degree days came to 240, which is the mean. The total to date is 432. The mean to date is 422.

I have corrected my climate update for June 2017. Either I or NWS reported incorrect figures for lowest minimum temperatures and for cooling degree days, not sure which. I noticed the discrepancy today and fixed it. May 2017 checks out OK.

The three month Oceanic Nino Index value has averaged -0.32 over the last eleven months, climbing to +0.5 in the last measurement period in April-May-June after a weak cooling event in the Pacific lasting five months.  

America is a country full of addictive drug users: 92 million opioid users in 2015, 2 million abusers

From the story here:

"A very large proportion and large number of adults use these medications in a given year," said study author Dr. Wilson Compton, deputy director of the National Institute on Drug Abuse in Bethesda, Maryland. "I was still a bit surprised that 38 percent or about 92 million people used prescription opioids in 2015."

Stupid Donald Trump decides to own the stock market, and when it crashes he will


Whence the "credulity baked into the culture to make room for a Bernie Madoff"?

Pondered here rather lazily.

May I suggest:


What's the difference between Australia and The United States?

The crooks went to Australia against their will.

Most Obamacare mandate fines last year came from far more low to moderate income people than CBO estimated

In other words, Obamacare penalizes people who can least afford it.

Obamacare is just another case of liberals raising taxes on the have-nots and screwing up their healthcare in the process.

From Jed Graham, here:

What is striking about the data is that the average payment is barely higher than the minimum payment of $695. Since people were required to pay the greater of $695 or 2.5% of taxable income above the filing threshold ($10,350 in 2017), one takeaway is that most of the $2.8 billion in fines paid through April appear to have come from people with modest to moderate incomes. As a frame of reference, CBO's 2014 analysis implied that the average mandate payment for this tax season would be roughly $1,075 and that the total amount paid by people earning up to three times the poverty level would barely exceed $1 billion. ... Based on mandate collections that streamed in after April in prior years, the full-year total is likely to rise to roughly 5 million tax forms with mandated payments totaling closer to $4 billion [an average Obamacare individual mandate fine of $800].