Archive for the ‘New Posts’ Category

Our steady macro economy and what it means for the Fed

October 30th, 2014

The US economy expanded at a nice clip of 3.5% in the third quarter, according to this AM’s report from the BEA. That’s their advance guesstimate based on incomplete data so future revisions may wiggle about some, but it’s pretty consistent with what we expected. It’s also an annualized quarterly rate, whereas my readers know… Read more

States that took the Medicaid expansion are seeing slower cost growth and fewer uninsured. The other states are paying a new red state tax.

October 27th, 2014

This deserves more time than I’ve got right now, but be sure to see this post from my CBPP colleague Jesse Cross-Call showing a difference of more than 2 percentage points in projected Medicaid cost growth between states that expanded the program under the Affordable Care Act and those that did not. To give you… Read more

Hey, What’d I Miss? OTE 10/21 — 10/27

October 27th, 2014

Discussing the Fed, QE, and the full employment unemployment rate. Looking at Larry Mishel’s wage message at the Boston Fed inequality conference. Listing a few observations re global growth, the US dollar, under-priced oil, and their impact on US growth rates. Analyzing evidence from abroad to explain why it takes more than economic growth alone… Read more