Masterful Chinese Bamboo Flute
If only China played their economy as masterfully as this man plays the Chinese bamboo flute.
If only China played their economy as masterfully as this man plays the Chinese bamboo flute.
Julie Boonstra is a Michigan mother currently battling leukemia. Her medical coverage has been adversely affected by the onset of Obamacare. She’s had the courage to let people know about her struggle by speaking truth to power in an ad sponsored by Americans for Prosperity’s chapter in her state. Julie tells John that she blames […]
As far as Julie Boonstra being taken advantage of, I don’t think it’s just AFP that’s involved. She owns a home in Dexter with the former chair of the Washtenaw County Republican Party Mark Boonstra. — Eclectablog, this morning Hmm. Okay, so it’s not just Ms. Boonstra who can’t perform simple math, it’s also former […]
As output increases, there is an effective demand limit which slows down the utilization of capital and labor. Utilization of capital typically slows down before labor. The circled areas show times in the US when capacity utilization (blue) declined as employment (red) was rising or holding steady. This pattern normally happens before a contraction in […]
“I was diagnosed with lupus when I was 27. Lupus is an autoimmune disorder. It’s dramatically affected my life. I voted for Barack Obama for president. I thought that Obamacare was going to be a good thing. Instead of helping me, Obamacare has made my life almost impossible. Barack Obama told us we could keep […]
Wendell Potter points to a study on medical debt as a major component of bankruptcies: One of the great hopes of health care reform is that it will reduce the number of Americans who file for bankruptcy because of medical debt. A new study in Massachusetts is providing evidence that the reform law passed in […]
by Robert Waldmann Karen Tumulty wrote a good article including one bad sentence on the Republican all the eggs in the Obamacare basket case strategy. “In Winston’s view, it is a myth that the last midterm election was swung by voter outrage about Obama’s health-care proposal, which was then being debated in Congress.”
The Tea Party group Americans for Prosperity has now released its factual documentation for its misleading ad featuring Julie Boonstra, a Michigan woman stricken with Leukemia who suggests Obamacare forced her to take on a new plan that is now “unaffordable.” The ad has been widely pilloried ever since Glenn Kessler discovered that her premiums […]
Simple national income and product accounting tells us that the current US recover (I can barely manage to type that without scare quotes and I *hate* scare quotes) has been horrible for two reasons: low government purchases of goods and services (G) and low housing investment. Consumption, fixed non residential investment, and inventory investment have […]