Posts Tagged ‘federal budget’

  • Industries afflicted with Baumol's Disease have slower productivity growth.

    How Sick is Medicare?

    May 28, 12 • 268 Views • 1 Comment

    Perhaps it all began when President Lyndon Johnson called Wilbur Mills, chairman of the House Ways and Means Committee. “Wilbur, I’ve just been looking through the polls here, and I’ve only got a few weaknesses, and the worst of them is that I’m not...  [read more]

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    Health Care Costs

    Mar 10, 12 • 263 Views • No Comments

    Looking forward to your daily Double Chocolaty Chip Frappuccino, you see that the calorie count sign says 500 calories. Change your mind? Most studies indicate that knowing a calorie count has little if any impact on purchasing decisions. Then, you stroll to...  [read more]

  • The Congress and the Fiscal Cliff

    A Clunker Stimulus?

    Feb 15, 12 • 285 Views • No Comments

    It would be so nice if we could say, “Yes, the 2009 stimulus was a good idea,” or “No, it was not.” Instead, the debate continues. Discussing his new book, journalist Michael Grabell tells us that we are unnecessarily dividing...  [read more]

  • The US is again hitting its debt ceiling.

    If You Were the Supercommittee…

    Nov 21, 11 • 223 Views • No Comments

    This simulation from Pew is a great way to understand what the supercommittee is trying to do. Called “the Pew Budget Challenge,” it presents close to 100 revenue and expenditure alternatives for bringing the debt down to 60% of GDP by 2021. You...  [read more]

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    Averting Disasters

    Oct 3, 11 • 260 Views • No Comments

    Disaster spending is setting records this year. At 81, the number of tornadoes, earthquakes, snowstorms, hurricanes and wild fires is equal to the total for all of 2010 and more than each of the previous 3 years. Disaster spending almost created a disaster...  [read more]