Relevant and even prescient commentary on news, politics and the economy.

Medicaid Dilemmas – Part 1

by Tom aka Rusty Rustbelt Medicaid Dilemmas – Part 1 Medicaid is a federal/state program covering poor people, with general services for all ages and long-term care (nursing home) services for the indigent elderly. State budgets are extremely tight, and many states are cutting reimbursements, including nursing home reimbursements. The majority of long-term nursing home […]

$295 Million Would Buy A Lot of T-Shirts

Ken Houghton notes that the first thing anyone learns from Pietra Rivoli’s The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade is how pernicious the U.S. subsidy of its cotton industry is.* Now the WTO has discovered the obvious: American goods will face [$294.7] […]

Models for health care organizations?

Tom aka Rusty Models for health care organizations? In a recent post I opined the Mayo Clinic and Cleveland Clinic, both favorites of President Obama, were not models for wide application to the rest of the nation. In response to a spirited debate (thanks Coberly) I wrote up these comments. Starting in the 90s a […]

House Tri-Committee Health Care Bill w/CBO Prelim Analysis

by Bruce Webb House Education and Labor:: America’s Affordable Health Choices Act all links from the Committee web page. Summary Bill Text (1.7 MB PDF) CBO-Preliminary Analysis: Tri-Committee Health Care Bill Compare to the tables scoring the Senate HELP Bill Kennedy-Dodd Bill with CBO Scoring House Tri-Committee: Ten year addition to budget $1.082 trillion. Total […]

Inequality, Infant Mortality and Adam Smith

Robert Waldmann Tilman Tacke and I are quite cautious in this paper which does not support my pet theory described in this paper. The stylized fact (which has returned after a brief absence from the data) is that, given the income of poorer quintiles, where the rich are richer more babies die. My pet theory […]

Is Douglas Holtz-Eakin still an economist?

Via Dr. Black, we get CNN reporting: Younger, healthier workers likely wouldn’t abandon their company-sponsored plans, said Douglas Holtz-Eakin, McCain’s senior economic policy adviser. “Why would they leave?” said Holtz-Eakin. “What they are getting from their employer is way better than what they could get with the credit.” And why is it better? Because of […]

Krugman was Wrong today

Ken Houghton Or at least optimistic. McCain is going after Medicare and Medicaid. But Douglas Holtz-Eakin, Sen. McCain’s senior policy adviser, said Sunday that the campaign has always planned to fund the tax credits, in part, with savings from Medicare and Medicaid. Those government health-care programs serve seniors, poor families and the disabled. Medicare spending […]

Health plans

Robert was hiding this link over at his Stochastic site, where he allows himself to have unsophisticated but very readable translations of Angry Bear at times. Here is the link to an analysis of McCain’s plan for health insurance. The link to Stocastic Thought is on the left sidebar. Also in that Health Affairs posting, […]

Not Just Developing Countries

The most interesting presentation I saw at the AEA last January was Maccini and Yang’s discussion of the effect of rainfall on the health and growth of Indonesian babies.* It was subsequently discussed as an NBER working paper** by Jason Shafrin, and the thing that made it most interesting is that Maccini and Yang found […]

Economics Makes for Strange Sick-Bed Fellows

Obama ready to cave in to insurance industry AKA ‘Her Way’; Obama Health Plan Could Go In Clinton’s DirectionTeddy Davis, John Santucci and Gregory Wallace ABC News 06.29.2008 Obama’s surrogate [Dr. Kavita Patel] made her comments Wednesday while representing him at a National Journal health-policy forum moderated by Ron Brownstein, the political director of Atlantic […]