Independence from Whom? Federal Reserve Design Breeds Bad Policy

By: Friday April 29, 2011 5:30 am

There seems to be a broad acknowledgement that the Federal Reserve has made the terrible decision to randomly change their goals by making their new top priority maintaining a one-percent inflation target, instead of the old understanding, two-percent inflation, or trying to achieve full employment, despite 8.8 percent official unemployment. I will let Paul Krugman [...]

Ryan and Obama Plans Share Unworkable Gimmick for Capping Health Care Inflation

By: Thursday April 7, 2011 5:45 pm

Not only is Republican Paul Ryan’s Medicare privatization plan using basically the same general premium-supported exchange design that Obama’s health care revision does for the uninsured under 65, but both Ryan’s budget and “Obamacare” are nearly totally reliant on almost the same pathetic accounting trick of using poorly indexed caps on federal health care spending [...]

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