Relevant and even prescient commentary on news, politics and the economy.

BCRA CBO Score

WASHINGTON (AP) — Congressional Budget Office sees 22 million more uninsured by 2026 under Senate health bill. Toher Spiro appears to be snipping and tweeting the key bits of the CBO report Premiums for a 64-year old with middle income go from $6,800 under ACA to $20,500 under BCRA Deductibles for plans eligible for tax […]

Welfare Reform Kills ?

This is an update of this post in which I expressed immense confidence that welfare reform killed people in Florida . The post is based on https://www.ncbi.nlm.nih.gov/pubmed/23733981 Muennig P1, Rosen Z, Wilde ET. (2013) “Welfare programs that target workforce participation may negatively affect mortality.” Abstract During the 1990s reforms to the US welfare system introduced […]

Did Conway Con Herself

This is remarkable even for the Trump administration. Kellyanne Conway claimed that the Medicaid slashing BCRA proposed by the gang of 13 doesn’t include “cuts to Medicaid”. The Trump administration position appears to be that Trump could sign it in to law and keep his promise to protect Medicaid from cuts. Wow. I am not […]

McConnell’s AHCA Kabuki

he McConnell Obamacare repeal and replace “discussion draft” is worse than I imagined possible even taking into account that it would be worse than I imagined possible. I fear he made sure it was horrible so moderate Senators could win staged battles and claim they had saved people (needless to say I am not the […]

The London Bridge Attack

reader alert: I am going to quote and discuss Trump tweets “Do you notice we are not having a gun debate right now? That’s because they used knives and a truck!” My immediate reaction was to tweet this this is why we should have a gun debate right now. The fact that 3 terrorists killed […]

Moving to Opportunity: Katz, Ludwig, Chetty and Hendren — discussant Bruce Springsteen

This very important paper “Moving to Opportunity” is well summarized by the discussant. Baby this town rips the bones from your back It’s a death trap, it’s a suicide rap We gotta get [them] out while [they]’re young `Cause tramps like us, baby we were born to run [regressions] As noted by the discussant, the […]

$ 2.1 trillion here $ 2.1 trillion there and soon you’re talking real money

I didn’t think they could shock me. Then I read that the Trump OMB made a $2,000,000,000,000 arithmetic mistake Jon Chait explains “One of the ways Donald Trump’s budget claims to balance the budget over a decade, without cutting defense or retirement spending, is to assume a $2 trillion increase in revenue through economic growth. […]

Did Recep Tayyip Erdogan Make War on the USA ?

I assume the reader is familiar with the recent violence at the Turkish embassy & Turkish ambassador’s residence in Washington DC. “Body guards” (really thugs) brought by Turkish president Recep Tayyip Erdogan attacked peaceful demonstrators. It is clear how the fight started, a rather thin not too tall man in a suit attacked. He has […]

Burning a Source ?

Who thinks that Trump is “in the grip of some kind of paranoid delusion” ? That is the very hottest quote in the must read Phllip Rucker “analysis” of what is very wrong with the President. I immediately tried to guess who had told Rucker that. The source is “One GOP figure close to the […]