Monthly Archives: November 2010

Battered but Not Beaten – Grasping Reality with Both Hands.

“Mountains of research show that for every piece of care you might name — a drug, a doctor visit, a diagnostic — you’ll pay far more in the United States than in other countries.” via Ezra Klein – Americans pay … Continue reading →

Ryan seems to be equivocating between two proposals, one irrelevant and the other insane. via Yglesias » Paul Ryan’s Monetary Economics.

Brad DeLong discusses Paul Krugman’s column: …. Today we have next to no hard-money lobby, for nearly everybody has a substantially diversified portfolio and suffers mightily when unemployment is high and capacity utilization and spending are low. … But here … Continue reading →

What kind of a country do we aspire to be? Would we really want to be the kind of plutocracy where the richest 1 percent possesses more net worth than the bottom 90 percent? Oops! That’s already us. The top … Continue reading →

Were the Bush Tax Cuts Good for Growth? – NYTimes.com. No, they weren’t.

The GAO has released its fall 2010 update for the Federal Government’s long-term fiscal outlook.  The bottom line is that we must come up with a real plan, and soon, to deal with the ever-growing cost of Medicare, Medicaid, and … Continue reading →

Unserious People – NYTimes.com. The co-chairs of the deficit commission have produced a report that, if followed, will turn us into a third-world country.  It seems to be a very poorly-thought-out set of recommendations.  That commission, as Brad DeLong notes, … Continue reading →

Paul Krugman on the Strange Death of Expansionary Fiscal Policy – Grasping Reality with Both Hands. A plurality of voters want to see a new economic stimulus bill–called a stimulus–to create jobs. Even 18% of Republicans and 32% of independents … Continue reading →

Saving Social Security: The Diamond-Orszag Plan – Brookings Institution.