by Robert Waldmann Matt Yglesias says the median household is probably richer than the median household in 1989. Oh that we have come to this. Take the mike Matt Despite rising health care and education prices, we don’t have fewer people going to college or seeing the doctor and we do have bigger houses, more […]
Lifted from comments at Naked Capitalism, September 21, 2013 at 4:33 am Henry Maxey in April 2007. This is frigging amazing work, and by an equity analyst, working at a UK money management boutique. In other words, somebody with not much, and probably no access to the guys on fixed income desks who were cranking […]
LOL…. ah well, I hadn’t read the comment section of Kenneth Thomas’s and Maggie Mahar’s posts before I put up the Popular Science post. Lifted from comments. Hans September 25, 2013 12:00 am Anything is more affordable especially when someone picks up the tab.. I sorry Ms Mahar, but you are a dolt […]
by Tom aka Rusty Rustbelt Health Care Thoughts: Obamacare Updates Latest news on Obamacare: Narrow Networks – Some customers of the new insurance exchanges may be surprised at the “narrow network” included in their insurance coverage. Narrow networks have a limited list of approved provider and will likely make out-of-network treatment difficult if not impossible. This […]
I remember how much time it took to evolve a notion of the range of ‘appropriate’ comments and how difficult it was, excluding the easy ones to eliminate that were simply rude and crude. There were lots of considerations for Angry Bear that are different than the magazine faced I am sure, but the struggle […]
Sorry for such thin postings lately but life happens. Hat tip to stormy for this reminder of a trade agreement not making the news. Use TPP in search to see other postings from Kenneth Thomas and Dan Becker: Via Truthout comes this item So far, the TPP has been drafted with an unprecedented degree of […]
Barry Ritholz writes in his column in the Washington Post: To many people, the 2008-09 financial crisis was a complex, fast- moving news story and an anagram-laden, horrifying collapse. Such events often give rise to false histories, myths and ideologically driven narratives. It is vitally important that we understand what really happened. Let’s put to rest some […]
by Dale Coberly SOCIAL SECURITY AND INNUMERACY MATH HELP FOR K*ASTINGS In the open thread section last night constant reader B*uce K*asting reported: “CBO changed some variables, the result was an increase in the unfunded numbers. In 2012 CBO concluded that the shortfall was 1.9% of payrolls. In 2013 they increased that to 3.4% – […]