Posts Tagged ‘fiscal policy’

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    A Medicare Check-up

    May 14, 11 • 278 Views • No Comments

    We could say that Medicare is currently a bit ill and the prognosis is not good. Last year it received some “medicine” through the Affordable Health Care Act but its caretakers, the Medicare trustees, question whether the treatment will work....  [read more]

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    Euro Problems

    May 10, 11 • 269 Views • No Comments

    This country had a national railroad that received $100 million euros a year in revenue but had expenses of $700 million. All public jobs paid an average of 3 times what the private sector paid. Beauticians, musicians and radio announcers were retiring with...  [read more]

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    Europe Day

    May 9, 11 • 300 Views • No Comments

    Can you imagine if every time someone from Brooklyn went to Manhattan, she had to use a different currency?   In an excellent NY Times Magazine article, economist Paul Krugman explains the euro zone. He tells how it began, describes the...  [read more]

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    Grade Redistribution

    May 7, 11 • 371 Views • No Comments

    In this video, college students approve of proposals to “tax the rich.” However, when asked if those in the top 10% of GPAs should have their grades redistributed, they emphatically say, “No.” But, is income redistribution really that...  [read more]

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    Part 2: The Basics of a Shutdown

    Mar 1, 11 • 238 Views • No Comments

    On Friday, we might have a funding gap. With no up-to-date appropriations, agencies providing nonessential services from the federal government will have to stop. But what is “nonessential?” A recent congressional research paper says we can look...  [read more]