In the comments section of an earlier post 1/3 of Medicare Spending is Wasted, I had stated to everyone, “Medicare does NOT PAY FOR ITSELF.” This is what I meant by that comment: “For more than a decade the the federal government has borrowed to pay for the rising cost of Medicare. Debt-financing of Medicare […]
So, Bill baby thinks the corps are going to see the light and return to the good old days of having a social conscience. Heck, they will even see the light regarding their role as a member of society in the US. And, here is the best part. This is all going to happen without the […]
Hillary Clinton will headline a fundraising dinner for Florida Democratic gubernatorial Charlie Crist next month, putting her in a key presidential state in the midterms battle, according to an invitation. Crist, a Republican turned Democrat running for his old job, is in one of the toughest gubernatorial races in the country. He is facing incumbent […]
It all started with an article about a speech by Dallas Fed President, Richard Fisher, in the Business Insider last Friday. Mr. Fisher basically said that wages could start rising once unemployment hits 6.1%. He then said that the Fed should start raising the effective Fed rate earlier than projected. The idea is that the […]
Most of what I type below is stuff I’ve typed at Angrybear many times. It’s here because I ran into the Krugman blog 1500 character limit over there. I’m commenting on two bits intertemporal equilibrium all the way, with consumers making lifetime consumption plans, prices set with the future rationally expected, and so on. That’s […]
Scott Sumner made a very important point a while back (and repeatedly since) in a post wherein he makes a bunch of other (IMO) not very good points: Income and wealth inequality data: Nonsense on stilts His crucial (and I think true) point, in my words: you can’t think coherently about inequality — especially wealth inequality — if […]
Update appended below. —- After a two-and-a-half-month hiatus from regular blogging here—most of my few posts this summer related to my passion about animal rescue and animal welfare—I’m once again feeling like posting about politics, at least more regularly than I posted this summer. (And maybe soon I’ll once again feel like posting about legal […]
Guest Post by Mark Jamison retired Postmaster Webster, N.C. It’s likely that I will be the last postmaster to serve the town of Webster, North Carolina. The first postmaster, Allen Fisher, began his term in 1857, shortly after Jackson County was founded and Webster became the county seat. The names of the postmasters that follow […]
Dan here….The Largest climate march in history is happening today. Jan Galkowski responds to a Wall Street Journal editorial. He requested that comments be written at his website in order to consolidate questions and answers. by Jan Galkowski “It’ll be okay: Trust me”, redux Professor Steven Koonin offers up another dollop of vague, specious criticism of […]