Posts Tagged ‘fiscal policy’

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    Health Care Reform and Sausages

    Jun 7, 10 • 185 Views • Government, RegulationNo Comments

    Now that we have a health care reform bill, I wondered about the next step. After a law is passed, how are the provisions implemented? A recent Washington Post article provided the answers. The next step unfolds in government offices where staffers decide

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    Costly Legislation

    May 28, 10 • 163 Views • Government, Labor, Macroeconomic Measurement, Thinking EconomicallyNo Comments

    Looking at a recent NY Times article, whose title was, “Cost of Jobs Bill Leaves Some Democrats Leery,” I wondered whether the author realized just how many costs his discussion involved. If passed, the bill would extend jobless pay, provide

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    More Taxing Decisions

    May 21, 10 • 208 Views • Demand, Supply, and Markets, Economic Thinkers, GovernmentNo Comments

    Would you support a penny an ounce tax on sugar sweetened beverages? According to the NY Times and The New England Journal of Medicine, the idea is becoming increasingly attractive to many municipalities. By putting on our economic glasses, we can better

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    The Young Old

    May 15, 10 • 160 Views • Government, RegulationNo Comments

    Having read that Greek fiscal austerity involves raising their average retirement age from 53 to 67 and that their life expectancy is 79.5 years, I thought of the Social Security Act of 1935 and then 2035. When Social Security was enacted in 1935, 5.4%

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    A Contagious Disease

    May 6, 10 • 175 Views • Economic Thinkers, Financial Markets, GovernmentNo Comments

    Seeing the Bloomberg Businessweek headline, “Greek Contagion Spurs Surge in Portugal, Spanish Debt Swaps,” I started thinking about diagnosing fiscal illness, treating it, and contagion. How can we diagnose the illness? The illness