• The Economy Is Collapsing Under Donald Trump!

    The American economy has been collapsing ever since Donald Trump took office. Our trade deficit with Mexico has ballooned. Consumer confidence has cratered. Auto sales are plummeting. And job growth is slowing down. Check out the numbers:

    This is, of course, ridiculous. I cherry-picked these statistics; plotted them in a way that made their decline look enormous; and provided no context about what any of them looked like in the year before Trump took office. It’s an easy game to play, and it’s all meaningless.

    So why bother? Just to make a point. Right now the economy is doing about as well as it’s been doing for the past few years. Nothing great, nothing terrible. You should pay no more attention to anyone who says the economy is booming under Trump than you should to anyone who says it’s collapsing. Right now, it’s just puttering along.

  • Medicare for All About to Get a Democratic Test

    How far has the Democratic Party shifted in its support for truly universal health care? Jeff Stein reports:

    Sen. Bernie Sanders (I-VT) is about to put Democrats’ newfound embrace of single-payer health care to the test….Despite the rise of “Medicare-for-all” as a political slogan in the party, Democrats don’t have a clear plan to translate that aspiration into policy, and their efforts to implement single-payer at the state level have been rebuffed — including in blue states like Vermont and California.

    ….Sanders will soon change that. The Vermont senator is expected to release his own revised Medicare-for-all bill, the path to single-payer health care. When he does so, Senate Democrats will have to make a choice they’ve thus far avoided: Are they for Medicare-for-all in practice, or just in theory?

    Is this a good idea? On the one hand, Republicans never bothered with this during seven years of their “repeal and replace” campaign against Obamacare, and it worked great. Until they actually took power, that is.

    On the other hand—well, I’m not sure I see the other hand. An actual bill gives Republicans a concrete target to rail against. It would include a bunch of new taxes. If its sums don’t add up, liberal analysts will say so because, for better or worse, that’s how liberal analysts roll. Its tradeoffs will all be front and center. It will make divisions within the Democratic Party sharper and more visible. From a purely political view, there’s not a lot of upside here to introducing actual legislative text.

    If this bill came from anyone else, I’d assume there might be some give and take before it was made public. With Sanders, who knows? Stay tuned.

  • If You’ve Ever Had Lyme Disease, Blame the Anti-Vaxxers

    Lyme disease has been spreading for years, and thanks to global warming it’s poised to explode over the next few years. This map is from New Scientist:

    That’s bad. But it turns out there’s a vaccine for Lyme disease. Or I guess I should say, there used to be a vaccine for Lyme disease. In 1998 the FDA approved a a drug called Lymerix, and it was pretty effective until the chronic Lyme crowd and the anti-vaxxers started ranting:

    Influenced by now-discredited research purporting to show a link between the MMR vaccine and autism, activists raised the question of whether the Lyme disease vaccine could cause arthritis. Media coverage and the anti-Lyme-vaccination groups gave a voice to those who believed their pain was due to the vaccine, and public support for the vaccine declined.

    “The chronic arthritis was not associated with Lyme,” says Stanley Plotkin, an adviser to pharmaceutical company Sanofi Pasteur. “When you’re dealing with adults, all kinds of things happen to them. They get arthritis, they get strokes, heart attacks. So unless you have a control group, you’re in la-la land.”

    But there was a control group – the rest of the US population. And when the FDA reviewed the vaccine’s adverse event reports in a retrospective study, they found only 905 reports for 1.4 million doses. Still, the damage was done, and the vaccine was benched.

    All of you who have had Lyme disease should know this. You could have avoided it if not for the ravings of the anti-vax nitwits and the gullibility of the mainstream TV talkers who give them a platform. It’s long past time to put an end to this idiocy.

    But I won’t leave you without some good news. First, although you can’t vaccinate yourself, you can vaccinate your dog. So there’s that. Second, a French company has developed an even better Lyme vaccination, and it should be ready in 2023. That’s a mere six years. Just be patient, OK?

  • Medicaid Expansion Had a Huge Impact on the Finances of the Poor

    It often slips people’s minds that the point of insurance is fundamentally financial. Auto insurance doesn’t prevent accidents, but it keeps you from going bankrupt over one. Ditto for homeowner’s insurance, life insurance, etc.

    Health coverage is a little different because, in addition to being traditional insurance, it also pays for lots of routine medical care. Nevertheless, it’s still insurance. You can get medical care without it,¹ but it will cost you a fortune. So when you take a look at, say, Medicaid expansion, it’s at least as important to look at financial outcomes as it is to look at health outcomes.

    Via Paul G-P on Twitter, here’s a CFPB study of how Medicaid expansion under Obamacare affected the finances of the poor. The authors take advantage of the fact that some states accepted the Medicaid expansion and some didn’t. They also have access to extremely detailed tradeline data in credit records. Here’s their basic result:

    In states that didn’t expand Medicaid, nothing much happened. In states that did expand Medicaid, medical debt fell nearly 40 percent by the end of 2015. As a check, they also examined overall debt, and found that it varied by only a small amount between expansion and non-expansion states.

    Note that this is a 40 percent reduction in total medical debt. Since Medicaid is available only to the poor, it’s a good bet that it’s reduced the medical debt of the poor by considerably more than 40 percent.

    So: Does Medicaid work? Yes indeed. It has moderate but positive effects on health, and very large effects on medical debt.

    ¹Sometimes, anyway.

  • Here’s the Real Reason Trump Fired Comey

    Just a quick observation here. Donald Trump demonstrated again this morning that he remains obsessed with Hillary Clinton:

    Trump is preoccupied with Hillary because she ruined his victory: he still can’t stand the thought that she got several million more votes than he did. I suspect the same is true of James Comey. Sure, he wanted Comey to help him out with the Michael Flynn investigation, but Comey’s real sin was being a living, breathing, daily reminder that Trump won only because Comey helped him out with his last-minute letter about the email investigation. This gnawed endlessly at Trump, so Comey had to go.

  • Did Jeff Sessions Lie Again About Campaign Contacts With Russia?

    Ting Shen/Xinhua/Xinhua via ZUMA

    Does the volume of crap raining down on us ever let up anymore? Here’s the latest from the Washington Post:

    Russia’s ambassador to Washington told his superiors in Moscow that he discussed campaign-related matters, including policy issues important to Moscow, with Jeff Sessions during the 2016 presidential race.

    ….One U.S. official said that Sessions — who testified that he has no recollection of an April encounter — has provided “misleading” statements that are “contradicted by other evidence.” A former official said that the intelligence indicates that Sessions and Kislyak had “substantive” discussions on matters including Trump’s positions on Russia-related issues and prospects for U.S.-Russia relations in a Trump administration.

    Sessions has said repeatedly that he never discussed campaign-related issues with Russian officials and that it was only in his capacity as a U.S. senator that he met with Kislyak.

    ….Officials emphasized that the information contradicting Sessions comes from U.S. intelligence on Kislyak’s communications with the Kremlin, and acknowledged that the Russian ambassador could have mischaracterized or exaggerated the nature of his interactions.

    Where is this stuff coming from? If it’s coming from the intelligence community, color me disturbed. I don’t like the idea that the CIA and NSA are basically at war with the Trump administration. But if, instead, it’s coming from folks inside the White House, I’m astonished that anyone there would be interested in bringing down a hammer this colossal on Sessions. Do they want him to resign that badly? Or is it coming from former Obama officials who are just now getting around to leaking it?

    Is there a single person in the Trump administration with any better morals than your average Mafia hood?

    POSTSCRIPT: Here’s another thought. In his interview with the New York Times on Wednesday, Trump didn’t just gripe about Sessions recusing himself. He also remarked—without being asked—that Sessions had provided some “bad answers” to the Senate during his confirmation hearings. That struck me as an odd thing to say. Is it possible that Trump (a) knew about this intel, (b) knew it was going to get leaked soon, and (c) was deliberately distancing himself from Sessions before it happened?

  • Parliamentarian Deals Yet Another Killing Blow to Trumpcare

    Jeff Malet/Newscom via ZUMA

    I’ve been wondering when the Senate parliamentarian will rule on various provisions of the Senate health care bill, and apparently she already has. Today, Bernie Sanders released a summary of what’s in and what’s out. As you read this, keep in mind that the Byrd Rule allows a reconciliation bill to contain only provisions that directly affect the budget. If a provision only “incidentally” affects the budget, it needs to pass via regular order, which means it needs 60 votes—which means it’s dead. Here are the main provisions that are dead:

    Abortion. The GOP bill contains two separate provisions that ban the purchase of health care policies that cover abortion. Freedom Caucus chair Mark Meadows says that killing these provisions makes passage “almost impossible.”

    Planned Parenthood. This is a provision that prevents Medicaid from covering services provided by Planned Parenthood. Presumably this doesn’t pass muster because it doesn’t affect total spending, only where money can be spent.

    Essential benefits. A provision in the Senate bill allows states to propose Medicaid alternatives that don’t cover essential benefits. However, this is merely a regulatory change, not something that changes overall spending.

    CSR funding. This one is kind of ironic. The House has sued to stop the payment of CSR subsidies under Obamacare, and President Trump has deliberately refused to say if he’ll continue them. However, Republicans recognize how important they are, so they included them in their own health care bill. The parliamentarian struck down this provision because it duplicates something that already exists, which means it doesn’t affect the budget.

    6-Month Lockout. This is the Republican replacement for the hated individual mandate. Instead of legally requiring everyone to buy insurance, they encourage everyone to buy insurance by mandating a waiting period if you fail to maintain continuous coverage. With this gone, there’s no longer any incentive to buy insurance. You might as well just wait until you’re sick and then buy it.

    Medical Loss Ratio. This is a provision that does away with Obamacare’s mandate that insurance companies spend at least 80 percent of their revenue on medical care.

    This stuff is deadly. Conservatives will hate the abortion and Planned Parenthood decisions. Insurers will hate the CSR and lockout decisions. Medicaid reformers will hate the essential benefits decision. And the end of the 6-month lockout provision will almost certainly have a big negative impact on the next version of the CBO score.

  • Friday Cat Blogging – 21 July 2017

    Hmmm. If you plant a cat in a pot, will you grow more cats? We’re going to find out! I’ll have the surprising answer next week.