by Michael Halasey Free market mechanics and healthcare… Now, I hear something all the time in my work in the health policy realm, and that is that the “free market” could lower prices. I even recently had someone approach me after I mentioned that the PPACA had resulted in an extra million people aged 18-25 […]
Brad DeLong points us to a post from The Nation on early Koch brothers and Hayek The Road to Serfdom!! Yasha Levine and Mark Ames: Charles Koch to Friedrich Hayek: Use Social Security!: [I]n early June 1973, weeks after [Charles] Koch was appointed president of the Institute for Humane Studies. Along with his brothers, Koch […]
By Linda Beale Disaster Aid Disaster Averted, barely. Once again, Republicans intent on obstructing the normal operation of the federal government unless they can extract cuts to programs they don’t like (in the name of deficit reduction) applied the combination of House recalcitrance and Senate anti-majoritarian filibuster to threaten a government shutdown and siderail needed […]
Think Progress carries quotes from the Presidential contenders and election slogans The release of this plan immediately spurred the natural Republican tax apoplexy, with the GOP presidential candidates decrying tax increases as a surefire way to destroy jobs: MITT ROMNEY: President Obama’s plan to raise taxes will have a crushing impact on economic growth. Higher […]
Angry Bear contributor Rebecca Wilder has begun writing her own column, The Wilder View, at the internationally prestigious Economonitor (Nouriel Roubini). The Wilder View at Economonitor Europe: Why the One-Size-Fits-All Solution Won’t Work and Linking sovereign risk to corporate credit spreads in Europe …and is interviewed and quoted by Floyd Norris in the New York […]
Health Care Thoughts: No CLASS Act The Community Living Assistance Services and Supports, aka CLASS, was to be an integral part of PPACA (Obamacare), providing a funding source for some part of long-term care costs. When DHHS Secretary Sebelius declared she would have to fix the program because the poor design was not financially viable, […]
Felix Salmon comments on media bias at Seeking Alpha: But let’s not kid ourselves that there’s any particular reason why global stocks are falling. And especially, let’s not try to invent some spurious reason for the fall, be it broad and inchoate (“global economy fears”) or weirdly specific (“Federal Reserve pessimism”).…As a general rule, if […]
Elizabeth Warren begins her campaign for the Senate seat in Massachusetts with: (h/t Mark Thoma) Also on MSNBC(h/t reader eric)
by Linda Beale The AMT: why we should retain it with minor reforms to protect the true middle class A commenter on an earlier thread complained about the Alternative Minimum Tax (AMT), saying it should be abolished. He seemed somewhat misinformed, suggesting that the alternative to the AMT is better enforcement.It seems that it might […]