Posts Tagged ‘federal budget’

  • White House

    Fiscal Policy: Mary Todd Lincoln and the White House Budget

    Feb 17, 13 • 1256 Views • No Comments

    How much of the federal budget should be spent on the White House? Abraham Lincoln would have replied, “Not very much.” Commenting on his wife’s purchases he realized, “It would stink in the nostrils of the American people to have it......  [read more]

  • The US is again hitting its debt ceiling.

    Debt Ceiling: A Treasury Note

    Dec 28, 12 • 605 Views • No Comments

    Secretary of the Treasury Geithner just sent Senate Majority Leader Harry Reid a letter. Noting that in 5 days the US will again have hit the debt ceiling, Secretary Geithner explains that actually, we might have an extra 2 months. In an appendix to his......  [read more]

  • The Congress and the Deficit

    Big Bird’s Issues

    Oct 11, 12 • 570 Views • No Comments

    All the talk about Big Bird and federal funding is really about 2 much bigger issues. 1. Discretionary Spending With proposed spending in the Obama 2013 budget at 3.7 trillion dollars, a tiny proportion–between 1 and 2 percent, goes to the Corporation......  [read more]

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

    How Sick is Medicare?

    May 28, 12 • 657 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]

  • Scale for weight..2.16.12_000016156464XSmall

    Health Care Costs

    Mar 10, 12 • 598 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]