(Chart via Orcam Investment Research) http://pragcap.com/an-alternative-view-on-the-corporate-cash-hoard let me say, however, that I think there’s a very good case that the redistribution of income away from labor to corporate profits is very likely a big factor. http://krugman.blogs.nytimes.com/2013/02/08/corporate-hoarding-and-the-slow-recovery/
by Linda Beale The Inequality Gap Robert Reich, former labor secretary, has some worthwhile advice for the President’s State of the Union address: he notes that the focus should be the “central issue you want the nation to help you take action on”. That’s “not immigration, guns or the environment” (though “[a]ll are important”) but […]
Just a quick observation: for the past couple of days I’ve been seeing in a lot of places, including comments on this blog, the assertion that federal spending has risen 37 percent under Obama — that specific number. Does anyone know where it’s coming from? Because if I look at the actual data, I see […]
An exchange between reader nitu mishra and me in the Comments thread this morning to this AB post of mine from yesterday. nitu mishra: Here’s a good article on 2012 Q4 earnings outlook. http://tinyurl.com/investing002 Me: Ah. If only I could actually understand graphs, without having to stare at them for ten minutes or so first, […]
The National Review scoops the Senate GOP’s next move, and note in particular the last paragraph: Frustrated by the months of non-stop budget fights, Senate Republicans are set to mount a fiscal counteroffensive this week with the reintroduction of a balanced-budget amendment. Senate minority leader Mitch McConnell and minority whip John Cornyn are leading the […]
Speaker John Boehner @SpeakerBoehner House GOP has voted to replace the president’s sequester twice. Here’s why, courtesy @whitehouse: http://j.mp/WzhNgY #obamaquester — Twitter, h/t Politico, Boehner’s office dubs it “Obamaquester,” Feb. 8 Oh, dear. I guess this is going to be a regular thing. A few days earlier, our dignified House Speaker created the twitter hashtag #spendingstheproblem. […]
http://vitals.nbcnews.com/_news/2013/02/07/16842490-therapists-change-in-medical-coding-threatens-mental-health-care?lite
Like many quick and dirty “bumper sticker” arguments, Laszewski’s assertion sounds logical — as long as you don’t think about it for more than the minute it takes to read it. After all, someone is going to have to pay for all of those pills and devices, won’t they? Actually, not really. The truth is […]
About two weeks ago, Dan emailed me with a link to a New York Times article titled “A Flood of Suits Fights Coverage of Birth Control,” by Times reporter Ethan Bronner, published that day. The article began: In a flood of lawsuits, Roman Catholics, evangelicals and Mennonites are challenging a provision in the new health […]