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    Economics / austerity, Federal deficit, GDP, government spending, growth, Obama, Republicans /

    A Picture Of History

    May 13, 2013

    There is no serious effort in Washington to deal with our so-called debt crisis. I would like to think this is because people realize we don’t have one, but a more realistic interpretation on non-events is that the Republicans are stuck in a rut of obstruction. They have no policy other than to contradict whatever […]

    Economics / austerity, economic policy, government spending, growth, monetary policy /

    The Deficit’s Too Small!

    May 9, 2013

    The entire conversation in and amongst our elite, whether be in Washington in big business or in the media, seems to be about the Federal deficit and the evils associated with it. Here’s my current thinking: The deficit is too small. And it’s shrinking too quickly. The recovery, anemic though it is, is reducing the […]

    Economics / economic theory, health care, market magic, medicare /

    Health Care Price Bombshell

    May 8, 2013

    Well, now we know a little more. Or, perhaps, we just can confirm something we thought all along. Hospitals are very dangerous places for your wallet. Worse, the price you will be charged for a service appears to be almost randomly generated. This is the message within the data released by the government today. Medicare […]

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