The Mercatus Center on Sanders’ Medicare for All Plan
It looks like a shift in who spends the money but an overall reduction in how much gets spent on healthcare.
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Browsing Tag
government
Will the US Government Shut Again? What to Watch
The short-term solution reached last month to extend the US federal government's funding expires on Thursday.
On the coming failure of Trump’s tax plan
Recently I wrote that Donald Trump has failed to deliver any signs that tangible economic benefits are coming down the pike for his working class and blue collar base of support. It seems Trump has ‘sold out’ and is turning to corporate tax…
Why Comey’s dismissal is negative for the economy and markets
It is now clear that Donald Trump dismissed FBI Director James Comey in a fit of pique over the investigations into Trump’s ties to Russia. But this move has already backfired, with the Senate investigation issuing subpoenas to former Trump…
Europe’s delusional economic policies
Yesterday three big things happened in three different eurozone economies that I think are interrelated. And I am going to tell you what I believe they mean for the European political economy by tying them together in this post under the…
The mess in Portugal is negative for debt sustainability
Portugal’s election on 4 October was inconclusive, without any party winning an absolute majority of the votes. The President of the country, a former Prime Minister, allowed his own party, led by incumbent Prime Minister Pedro Passos…
Boehner departure means government shutdown more likely, default a possibility
John Boehner is not conservative enough. At least that's what the firebrand Republicans in the US House of Representatives believe. And so he has resigned from his position as Speaker of the House and will resign Congress altogether as…
Quick thoughts on recent macro news: China, Brazil, US
Now that I am writing for free again, let me give you a quick update on what I'm thinking about. I still think the removal of China as a marginal buyer of last resort is the macro event that dominates all others. But there are a few…
Grexit is much closer than we think
The Greek government has now been boxed in by the “no” referendum vote and is unable to make the kinds of concessions a “yes” vote would have allowed. Meanwhile, the Eurogroup’s thinking about the manageability of Grexit is coalescing…
More on Greek Tax Anticipation Note IOUs
The rumour making the rounds today is that these two paragraphs in a recent Ambrose Evans-Pritchard piece in the Telegraph are what were the final straw for Syriza that cost Yanis Varoufakis his job. I don’t know whether there is any basis…