Employment Impact of Proposed Mandatory Part D Drug Rebates
The President and some members of Congress have proposed requiring that prescription drug manufacturers pay rebates to the federal government for drugs dispensed to Medicaid/Medicare dual-eligible...
View ArticleDaily Dish 6.20.13
Breaking this morning: The Washington Examiner reports that AAF is out with a new study today finding that "A broad range of student borrowers would have saved significant amounts of money over the...
View ArticleDaily Dish 6.21.13
The Financial Times reports that the president "is preparing to take a new swing at climate change, with his administration ready to impose new rules on coal-fired power plants, promote energy...
View ArticleThoughts on TBTF
“Too big to fail” (TBTF) is a popular, but slippery, concept. The Roman Empire is gone. So, too, is the USSR. Within the realm of economics, the East India Company is gone, and IBM, Bell, Kodak, and...
View ArticleThe Daily Dish 6.24.13
The Wall Street Journal reports that "Many economists now predict 2014 will be the best year for growth since 2005, while joblessness is expected to click below 7% next year for the first time since...
View ArticleThe Daily Dish 6.25.13
The Washington Post reports that "President Obama will invoke his executive authority Tuesday by undertaking a slew of measures aimed at curbing climate change and its impacts, from imposing the first...
View ArticleThe Daily Dish 6.26.13
You're Invited: Join us today at 2 PM for a Google Hangout to discuss the status of immigration reform efforts in Congress, focusing particularly on efforts in the Senate to strengthen the legislation...
View ArticleThe Daily Dish 6.27.13
The Wall Street Journal reports that yesterday’s GDP report demonstrates that “Despite stellar profits and lean payrolls, U.S. firms remain scarred by the deep downturn, surveys of businesses show....
View ArticleTax Reform: The Non-Fight over Investment Incentives
Executive SummaryWill tax reform actually hurt growth? Effective corporate reform would lower the statutory tax rate to an internationally competitive level – say 25 percent – and move the U.S. toward...
View ArticleDaily Dish 7.1.13
Good Morning –The Senate has left Washington and the calendar has flipped to July without any agreement to resolve the student loan debate. More from DHE below and in Reuters. Mike Danylakread more
View ArticleTreading Water Beautifully
Today’s jobs report appears to be a beauty to behold, but it still reflects a labor market just treading water: Douglas Holtz-Eakinread more
View ArticleDaily Dish 7.15.13
Good Morning –Politico’s Morning Money writes on a new AAF poll that finds that “A majority favor (52 percent) phasing out both Fannie and Freddie with even a plurality of voters in R in D seats...
View ArticleDaily Dish 7.17.13
Good Morning –The Wall Street Journal reports on a new study by Regional Economic Models, Inc. (REMI) on Immigration reform which found “A handful of big states with large shares of undocumented...
View ArticleDaily Dish 7.24.13
Good Morning –President Obama will speak today on his vision for the economy and what he sees as the next steps in the economic recovery. As Reuters reports : “President Barack Obama told supporters...
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The Fallacy of the “Clean” Debt Limit Increase (UPDATED)
President Obama is again calling for a “clean” debt limit increase – an increase in the statutory debt limit unencumbered with additional policy changes. But such a demand is at odds with the...
View ArticleDaily Dish 7.25.13
Good Morning –CNN reports this morning that the Senate passed the student loan deal: “Senators voted 81 to 18 to lower interest rates for undergraduates taking out government loans this school year to...
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Unemployment Insurance system (UI) Primer
Unemployment Insurance system (UI) Primer Attached Image: Gordon Grayread more
View ArticleDaily Dish 7.26.13
Good Morning –Some encouraging economic indicators were released yesterday by the government as the Associated Press writes that “The Commerce Department said that orders for durable goods increased...
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