Monthly Archives: June 2012

A Simpler ACA “Tax” Comment…


My last post is a lot to read, so here’s a simple way to look at it: say Congress cuts Social Security $300 billion but simultaneously directs $299 billion to buy F-35 stealth fighters. Is that a “tax increase?” You … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , | Leave a comment

Is the ACA a tax or not, and did Obama “lie”?


A 2009 Obama interview is circulating where Obama vehemently defends the ACA as┬ánot being a tax. Thus, so these people argue, the fact that the Supreme Court upheld it’s constitutionality on the basis of Federal taxation powers, Obama is a … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , | 1 Comment

So, government CAN lead the market?


(Disclosure: I work for UnitedHealh) A note on the economics implications of UnitedHealth’s announcement Monday that they would retain key provisions of “Obamacare” even if the Supreme Court strikes it down… Other insurers quickly followed UnitedHealth. It’s hard to image … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , | Leave a comment

Censure the Fools


Krugman freshly laid out today the divergence between the two main economic theories that underpin liberal and conservative ideologies in the U.S. The graph shows independent confirmation that inflation is low (and falling!) despite an extraordinary increase in money supply. … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Ron Paul unzips his brain


Ron Paul: “And this idea that some group or some people should know what the proper amount of money should be is sort of presumptuous. You know… you know… I don’t know where they get this knowledge. And, uh, I … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , | Leave a comment

The Economist’s Lexington Bends Over and Inserts Head


Sometimes it seems The Economist has bipolar disorder with how one article supports liberal or Keynesian ideas while another plants its head into conservative or Austrian/Chicago ideas. The June 2 Lexington article falls squarely in the reality-denial camp. First, the … Continue reading

Posted in Uncategorized | Tagged , , , , , , , | Leave a comment

David Brooks, The Irrelevant Columnist


The most effective evidence that US conservatives are wrong is a successful “Big-Government” EU making the case that you can have an equitable, wealthy society and have your robust social safety-net, too. With the EU on the verge of formally … Continue reading

Posted in Uncategorized | Tagged , , | Leave a comment