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November 8, 2013 0

Expect Another Leap in Healthcare Costs; New Obamashock Rules: Obamacare Expanded to Cover Mental Health and Addiction

By News Desk

A few snips from the New York Times article Rules to Require Equal Coverage for Mental Ills will explain. The Obama administration on Friday will complete a generation-long effort to require insurers to cover care for mental health and addiction just like physical illnesses when it issues long-awaited regulations defining parity in benefits and treatment

November 8, 2013 0

Establishment Survey: +204K Jobs, Household Survey: -735K Jobs; How Federal Layoffs Distorted the Picture

By News Desk

For further discussion of income distribution, please see What’s "Really" Behind Gross Inequalities In Income Distribution? BLS Birth-Death Model Black Box The BLS Birth/Death Model is an estimation by the BLS as to how many jobs the economy created that were not picked up in the payroll survey. The Birth-Death numbers are not seasonally adjusted, while the reported headline number is.

November 7, 2013 0

It Can’t Be Done

By News Desk

The New York Times reports Chinese Leader’s Economic Plan Tests Goal to Fortify Party Power China’s president, Xi Jinping, is about to plunge the country and himself into a risky experiment: an attempt to carry out market-driven economic overhauls while reinforcing the Communist Party’s pillars of political and ideological control. This mixed agenda has magnified doubts about whether he can deliver on his promises of transformation. At a meeting, or plenum, of the party’s Central Committee that starts Saturday, Mr.

November 5, 2013 0

While Eli Freely Giggles

By News Desk

Tweet While Eli freely admits to being left of center in US terms, but somewhat in the center or even a bit to the right as far as civilized countries, the Bunny’s reaction to many things varies between puzzlement and amusement.  No better venue for both to play than today’s Virginia gubernatorial election where indeed, the players deck has been shuffled with a vengence.