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    Economics / deficits, Federal Budget, Medicare, Reagan, social programs, Social Security /

    What Do The GOP Want?

    February 22, 2010

    No sooner do I finish my earlier post than I read Paul Krugman’s take on the Republican position on the budget. I think he nails it. The issue seems simple: having bashed away at government for the best part of three decades the GOP is now reaching the point of no return: the federal deficit […]

    Economics / health care /

    Health Care Back In Focus

    February 22, 2010

    With the economy stuck firmly in its jobless trajectory, and with the Senate obdurately refusing to do anything at all, we shift our attention this week back to health care reform. After all the fuss in the wake of the Massachusetts election health care reform was presumed to have died, at least in its then […]

    Economics / banking, Federal Reserve Board, inflation, interest rates, JP Morgan Chase, monetary policy /

    Inflation, Interest rates, and Bank Profits

    February 19, 2010

    There really isn’t much to say about today’s report on consumer price inflation: it isn’t an issue. The overall increase came in at 0.2% in January which marks the fifth straight month we have experienced that level of price increases. For the last twelve months as a whole inflation has been only 2.6%, right in […]

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