Archive for the ‘Health Care’ Category

The claim that no one’s doing anything about the costs of social insurance is not correct.

February 16th, 2016

Far be it from me to hone in on my frequent co-author Dean Baker’s takedown of a recent Robert Samuelson column, wherein Samuelson once again bemoans the extent to which “an older population” is “systematically” strangling the rest of the federal budget. Dean’s main point is one I often make: to fix these social insurance… Read more

Another tax loophole that needs to be closed–one you did not know about.

February 12th, 2016

Quick, think of the most egregious tax loophole you’d like to see closed. Many people, and not just lefties, will think of the carried interest loophole, where hedge fund managers get to pay capital gains rates (~24%) on their earnings (which would otherwise face the top marginal rate of ~40%). A fine choice, widely perceived… Read more

Really, how much do presidents influence the economy?

January 12th, 2016

A commenter, after gazing at these figures, asks: how much influence do presidents really have over the economy anyway? I dove deeply into this here, riffing off of an academic paper comparing economic outcomes between terms when D’s or R’s controlled the White House. The economy grows faster under Democrats, which is good to know,… Read more