Tag Archive
Corporate Losses Due To Health Care Reform?
You may have read that some big companies are announcing very large charge-offs in their quarterly income statements due to the passage of health care reform. AT&T, for instance, took a $1 billion hit to its income. 3M, Boeing, Caterpillar, Deere, and Prudential are all among the companies who have announced similar charge-offs.
So, you should… »
Health Care Reform: Finance Next?
There is not much I can possibly add to the outpouring of analysis and pseudo-analysis in the media this morning. So I will restrict myself to a few comments:
It is about time.
For the richest country on earth to consign so many of its people to ill health or bankruptcy because it wants to cling to… »
Health Care Reform: A Budget Bargain?
I pity the poor folks at the Congressional Budget Office. They are constantly being thrown into politically sensitive situations, and then expected to retain impartiality. From what I know of them they try very hard to maintain their non-partisan status. So their involvement in the health care reform debate must be testing their neutrality to… »
The Budget [non] Debate
Well the so-called debate about the federal budget deficit has not started well. Apparently we cannot even agree on the place at which to begin, let alone the place to which we need to travel. This is not good. Sometimes I feel so downcast at the juvenile nature of our discourse. Other times I simply… »
Double Standard?
Ummm.
Why does it take only 51 votes to re-appoint Bernanke, but 60 to pass health care… »
Reform and Economics
Two things come to mind when I watch the ‘debate’ over health care and banking reform, the Senate needs to be fixed, and we need to provide lessons in economics.
The Senate has never been a democratic institution. It was designed with stasis in mind. The over representation of small states is astounding in a country… »
Health Care Debate
Just a very quick note: today is a watershed for reform of the American health care system. The final committee deliberating on the subject has voted, 14 to 9, to send it’s bill to the floor for a full vote. That means that all five – yes five – such committees have produced a pro-reform… »