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    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 […]

    Economics / austerity, economic policy, Federal deficit, GDP, government spending, national debt /

    Seven Out Of Ten

    May 6, 2013

    Seven out of ten isn’t a bad score. It isn’t great either. It’s a majority, but isn’t totality. What am I talking about? I came across the reference to seven out of ten in Paul Krugman’s column this morning, and it’s worth pondering. Let me set the scene: One of the current most widely used […]

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