Category: Policy
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Healthcare: What is the āPublic Optionā?
Way back in March, when Speaker Nancy Pelosi pledged to pass some kind of healthcare reform by July 31, people probably thought she was crazy. Now, two and a half months later, with little public information regarding the progress, it seems impossible. Up ātil now, the only real public hearings about Healthcare Reform in the…
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What About the Rest of the Mess?
Itās been a week hasnāt it? The StimPack passed, with new bailed-out CEO pay limits. Three Republicans in the entire Congress voted for it, though they supposedly all support it. What a cop-out! Geitner dazzled theā¦wellā¦nobody with new but few details about the TARP II package. Judd Gregg realized he was incapable of any kind…
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Out of Touch
You’re out of touch, I’m out of time – Hall and Oats Yesterday, the US unemployment rate reached its highest level since 1992. 600,000 jobs were reported lost in the previous month. There has been no significant job creation since January of 2007. Weāve experienced two years of stagnant or increasing unemployment. (Source) The reality…
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What First 100 Days?
In my experience, the honeymoon never lasts as long as it should. Iām sure President Obama feels the same way right about now. Just 14 days in office and the Right Wing Chatterbox has taken over the airwaves in opposition to a stimulus package that is intended to help our damaged economy recover from the…
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Bank Nationalization
Barry Ritholtz over at The Big Picture, debunks the arguments against Bank nationalization. Ritholtz and company have been arguing for nationalization for some time now, as an alternative to the current “Bad Bank” scenario that Treasury is pursuing. I don’t know enough about the Macro effects of this, but I agree with the basic premise;…
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The Healthcare Recession
When people think about a recession, they primarily identify with purely economic measures. Considering the current economic climate, itās easy to understand why people are thinking about their financial future. But more and more people in this country are experiencing a āHealthcare Recessionā. What is a āHealthcare Recessionā? It is the steady diminishing of the…