Posts Tagged ‘fiscal policy’

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    Fiscal Insight

    Jun 16, 10 • 285 Views • No Comments

    Picture this political cartoon: In some unknown ocean, a Chinese submarine confronts a U.S. navy vessel with the Chinese submarine captain saying, “Turn around or we sell all your T-bills.” The caption says, “Chinese sub threatens U.S....  [read more]

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    Health Care Reform and Sausages

    Jun 7, 10 • 276 Views • No 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...  [read more]

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    Costly Legislation

    May 28, 10 • 250 Views • No 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...  [read more]

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    More Taxing Decisions

    May 21, 10 • 288 Views • No 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...  [read more]

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    The Young Old

    May 15, 10 • 259 Views • No 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%...  [read more]