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

Kaiser Foundation Calculator Out of Date

Bill Clinton has become the The Secretary of Explaining Stuff for the PPACA. Maggie goes on to explain to one writer why the Kaiser Calculator is out of date as the Healthcare Exchanges come on line with real pricing. Bob The Kaiser Foundation Calculator is out of date. They created it before any of the […]

Republicans’ “Market-Oriented” Health Care Reforms Won’t Work, Part 2

Last time we examined a common conservative “solution” to the country’s health care problems, allowing insurance companies to sell policies across state lines. What we found, though, is that this would lead to a race to the bottom in state regulation of insurance products, and that there is no reason to think that further marketization […]

“Willful blindness”

The example presented of a community and willful blindness is concrete enough to be useful for a conversation I believe, and to mean something to readers in general. There is the risk the term ‘willful blindness’ be bandied about and misused as happened in prior years with the term ‘cognitive dissonance’, a term thrown like […]

The PPACA and Healthcare Sky is Falling Again . . .

Huh? Repeal the PPACA to Help Hispanics and African-Americans ? ? ? Crooks and Liars carries a conversation by Repub Senator Ted Cruz with Candy Crowley on CNN. Senator Ted Cruz of Texas is making it his crusade to repeal the PPACA so as not to cause harm to the most vulnerable of America who […]

Republicans’ “Market-Oriented” Health Care Reforms Won’t Work, Part 1

http://www.middleclasspoliticaleconomist.com/2013/08/republicans-market-oriented-health-care.html Republicans’ “Market-Oriented” Health Care Reforms Won’t Work, Part 1 This has been a week of Republicans saying they have actual ideas for replacing Obamacare, rather than just repealing it. The centerpiece has been an article by Karl Rove in the Wall Street Journal (paywalled) detailing all the swell ideas Republicans have. In addition, a […]

The Elderly May Not Be As Taxing As Generally Thought

by Linda Beale The Elderly May Not Be As Taxing As Generally Thought One of the common assumptions about health care costs (and the costs of benefit programs like Medicare) has been that the increasing life spans of Americans will result in significantly greater health care expenses.  It is common knowledge that much of the […]

A New IOM Report Reveals Why Medicare Costs So Much (Hint–It’s Not Just the Prices)

by Maggie Mahar A New IOM Report Reveals Why Medicare Costs So Much (Hint–It’s Not Just the Prices) (reposted with authors permission) George W.  Bush is 67. Chances are Medicare paid for the stent operation that I describe in the post above. For years, medical researchers have been telling us that this procedure will provide no […]

George W. Bush’s Recent Stent Surgery—Two Perspectives

by Maggie Mahar George W. Bush’s Recent Stent Surgery—Two Perspectives (re posted with author’s permission) Last week, when former President George W. Bush underwent stent surgery, the procedure was declared a great success. What is surprising is that not everyone in the mainstream media applauded. From Bloomberg News “Former President George W. Bush’s decision to allow […]

Fuel Spill: The Republicans Are About to Admit That Obamacare Helps Consumers. (Bet On It.)

In another setback for President Obama’s health care initiative, the administration has delayed until 2015 a significant consumer protection in the law that limits how much people may have to spend on their own health care. The limit on out-of-pocket costs, including deductibles and co-payments, was not supposed to exceed $6,350 for an individual and […]