Yesterday the Obama administration announced that healthcare.gov “will work smoothly for the vast majority of users.” Presumably they intended this as some sort of victory announcement after their self-imposed deadline of December 1 to fix the many … Continue reading →
My ticket to the seventh game of the 1967 World Series between the Boston Red Sox and St. Louis Cardinals cost $8.00. That was in the grandstand. The price of the same seat, for the 2013 World Series between the Boston Red Sox and St. Louis Cardinals (at Fenway Park in Boston), is $300.00. The inflation of words is bound to the inflation of prices. The grandstand is now called the “right field boxes.” It looks as though box seats, which were front-and-center, not extending far beyond the home and visiting team dugouts, now run to the right-field, bull pen.
Amid a wash of government scandals, America is vulnerable right now. Actions taken by the IRS have left us feeling utterly degraded by the Obama administration.
And another Washington scandal we see brewing won’t make Americans feel any more comfortable about the power granted in our nation’s capital.
By James Kwak William Baumol and some co-authors recently published a new book on what is widely known as “Baumol’s cost disease.” This is something that Simon wanted to include in White House Burning, but I couldn’t find a good way … Continue reading →
By James Kwak So the new Republican argument (which Mitt Romney was against before he was in favor of it) is that the individual mandate is an oppressive tax on the middle class. Cute, isn’t it, adopting John Roberts’s argument? … Continue reading →
By James Kwak In my Atlantic column on Thursday, I wrote the following about the Roberts Court’s decision to allow states to opt out of Medicaid expansion without losing their existing Medicaid funding: “What we are going to see is … Continue reading →
…the prices your insurance company pays are based on a set of values listed in a phone-book sized directory of billing codes. Those codes are pretty much the economic hierarchy of modern medicine… And those values are set by a closed-door committee of the American Medical Association. At the Marketplace Health Desk at WHYY, Gregory…
The United States had another month of disappointing job growth in April, the Labor Department said Friday. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big moves…
A new survey of Fortune 100 companies finds that the health care overhaul, contrary to the claims of its authors, created some perverse incentives for employers to drop workers from company insurance plans. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and…
The supreme court hearing anything is scary. They are just as corrupt as the Federal Government. Its always some 5 to 4 decision or some BS like that. They need to replace Supreme court Justices every five years or so.
Health Care – Supreme Court