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

www.HealthCare.gov

I am late to the news, but so far reported on healthcare law implementation: 1. www.HealthCare.gov, a new online portal where anyone can go to find insurance options in their state, went live. It’s a very handy resource for information that used to be difficult to find. It’s available to help millions who need insurance […]

CORPORATE CASH HOLDINGS

Recently there has been a claim that corporations are holding large sums of cash rather than investing it because they are fearful of Obama’s “socialist policies”. But if you compare corporate retained earnings to the GDP GAP lagged one year it looks like the debate should be over why corporations are investing so much. This […]

Nursing Home Regulatory Fiasco – PART I

by Tom aka Rusty NURSING HOME REGULATORY FIASCO – PART I Nursing homes are subject to a two part interactive regulatory system (plus several others) used to calculate certain reimbursement levels. The Minimum Data Set 2.0 (MDS) is a clinical reporting system that is supposed to improve care by having nurses do more paperwork (more […]

Women and participation in labor force

Nancy Folbre economist at UMass Amherst speaks to the issue of the participation of women in our economy: Paradoxically, however, the very expansion of paid employment and the success of feminism have weakened gender solidarity. They have also intensified inequalities in family living standards. Relatively few women in the workplace have made it into Ms. […]

Procurement and research are in the ‘gaining’ portion of the budget

Hat tip reader ilsm for this article by Tony Capaccio, Bloomberg News, Bloomberg.com July 6, 2010 U.S. spending on weapons through 2016 likely will grow faster than the overall defense budget, which will have annual increases of only about 1 percent above inflation, according to Pentagon Comptroller Robert Hale. “Our goal would be to get […]

$40,000 civil penalty, class D felony

Deep Horizon Response Unified Command website has the following announcement: NEW ORLEANS – The Captains of the Port for Morgan City, La., New Orleans, La., and Mobile, Ala. , under the authority of the Ports and Waterways Safety Act, has established a 20- meter safety zone surrounding all Deepwater Horizon booming operations and oil response […]

Tax Burdens and Economic Growth – Answering the Objections

by Mike Kimel Tax Burdens and Economic Growth – Answering the Objections This piece is cross-posted with the Presimetrics Blog. Consistent with findings in Presimetrics, the book I wrote with Michael Kanell which will be released in August, I’ve had some posts whose results contradict standard economic theory. In some cases, readers have insisted that […]

Two Reductionist Arguments: On Conservatism. On Classical Economics.

by Bruce Webb On Conservatism.Modern Conservatism = Protection of Property Rights. The historical process in Northern Europe and Britain from the mid 17th through the 19th century was marked by a sometimes gradual, sometimes violent collapse in belief in the Divine Right of Kings, and for that matter Popes. Conservatism replaced its traditional appeal to […]