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

Health Care Hardball II

Robert Waldmann (who deeply respects our nations senior citizens) has probably written this post already but he forgot. I had a concern about the proposal to split health care in the Senate into 2 bills one to be passed as budget reconciliation (the 50 votes bill) and one not about the budget (the 60 votes […]

Gang of Six, Regular Order & the Johnson Treatment

LBJ and Senator Green of RI c.NYTby Bruce Webb Now that Grassley and Enzi have shown where the wind was actually blowing on the ‘bi-partisan’ ‘compromise’ supposedly being worked out by the Senate Finance Committee’s Gang of Six it is time to hit the reset button and in the process clear up some confusion. Generally […]

Not all of Europe is in free-fall

Rebecca Wilder Poland: the bull of eastern and central Europe. While most of central and eastern Europe are either defending exchange rate pegs – this limits the ability to stimulate the economy through monetary policy – and/or running large current account deficits (see chart 2 here), Poland grew a remarkable 1.1% in the second quarter […]

"Encouraging Veterans to Commit Suicide"

by reader run “Encouraging Veterans to Commit Suicide” Appearing on Fox News “Fox and Friends” in an effort to mislead the elderly, disabled, and veterans; the GOP’s chief spin-meister Michael Steel declares healthcare reform would result in the same bad public policy as shown in a 1997 VA manual encouraging veterans to commit suicide. The […]