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    Economics / deficits, health care costs, health care reform /

    Health Care Reform: The Savings Issue

    October 7, 2009

    Finally. The Congressional Budget Office has released its analysis of the current version of reform as it stands in the Senate. The verdict is good news for the reform camp: the Senate bill, the one put together by Senator Baucus, would save the Federal Deficit approximately $81 billion over the next decade. That effectively ends […]

    Economics / consumer debt, consumption, jobs, recovery, stimulus, unemployment /

    Consumer Debt Drops Again

    October 7, 2009

    In another sign that it will be difficult to stoke the economy up into self-sustaining growth we learn toady that consumer debt dropped in August – the latest month for which we have information – by 5.8% or $11.98 billion. This is the seventh straight month of decline, which is the longest period of sustained […]

    Economics / Keynes /

    Economics: What A Mess

    October 7, 2009

    Most of you won’t care too much, but the state of the economics profession – if that isn’t dignifying it too much – is appalling. Sometimes I trip across snippets of ideas being articulated in a serious manner and end up aghast at their stupidity. Which be all well and good were it not for […]

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