Yves Smith points us to additional 114th Congress changes: How the Republican Campaign to Gut Dodd Frank is a Huge Gimmie to Banks and Private Equity Funds The Republicans have been quick and shameless in using their control of both houses to try to crank up the financial services pork machine into overtime operation. The […]
Dan here…Angry Bear Mike Kimel addressed the issue of politics and economic growth in his book Presimetrics. Paul Krugman has as well in the last several weeks. Nathan Salminem takes another look. The post will be divided into three parts at Angry Bear, but can be read in its entirety here. Guest post by Nathan Salminen (is […]
Dan here…Via the LA Times and LA Times and Common Dreams comes information on the first day of the new Congress on Social Security. Old ideas re-emerge in the variety of coverage in media. Here is an excerpt on the issue. According to: Nancy Altman and Eric Kingson, authors of the book Social Security Works! and […]
Via CBS news Mark Thoma addresses some coming issues in Congressional Budget Office and the Joint Tax Committee in Do tax cuts pay for themselves? Now that Republicans have taken control of the House and Senate, they are pushing to change how the Congressional Budget Office (CBO) and the Joint Tax Committee (JTC) evaluate tax […]
Via Washington Post‘s Phillip Bump comes some interesting graphs on the gender, race, and religious composition of our new Congress: The 114th Congress, which gets to “work” on Tuesday, is one of the most diverse in American history…
by Joseph Joyce Tales of Globalization: Russia and China The end of 2014 marked the 23rd anniversary of the dissolution of the Soviet Union and the establishment of the Russian Federation. Like Chinese leaders in the previous decade, Russian policymakers faced the challenge of integrating their nation into the global economy. Russia’s trade openness (exports […]
by Barkley Rosser (re-posted from Econospeak) Looking Forward To The Late Twenty-Teens Yes, at midnight on December 31, we shall be at the midpoint of this decade, going from the early twenty-teens to the late twenty-teens. While celebrating half decades is not something done particularly, indeed for some decades we do not distinguish their halves. […]
Lifted from Robert Waldmann‘s Stochastic Thoughts The same percentage of US adults have a favorable view of the ACA as say it does not establish death panels. From the Kaiser Family Foundtion Obamacare Tracking Poll for December 2014 Nearly 5 years after passage and a year after the coverage expansions under the ACA took effect, […]