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A Misleading Guide to Current Affairs: Obamacare Isn't Perfect. Here's What Should Be Fixed.

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A Misleading Guide to Current Affairs. Because in the Long Run, We're All Dead. Friday, June 7, 2013. Obamacare Isn't Perfect. Here's What Should Be Fixed. However, the employer mandate is just a symptom of a larger health care problem- employer-sponsored health insurance. First of all, what is this employer mandate? Well, the good folks over at Wonkblog. Have a pretty concise explanation:. So you can imagine that this might deter hiring. The only reason I'm not a lot more outraged by this than I am ...

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A Misleading Guide to Current Affairs: Public Sector Workers: Overpaid Bureaucrats?

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A Misleading Guide to Current Affairs. Because in the Long Run, We're All Dead. Thursday, May 24, 2012. Public Sector Workers: Overpaid Bureaucrats? This year, Mitt Romney declared. That, " Average government workers are now making $30,000 a year more than the average private-sector worker.". Over at EPI, they have a great explanation. Of why many public sector employees are perceived to be overpaid:. For starters, public sector workers are, as a group, more highly educated, work in more highly paid occu...

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A Misleading Guide to Current Affairs: Back to the Future--Eurozone Edition

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A Misleading Guide to Current Affairs. Because in the Long Run, We're All Dead. Wednesday, October 16, 2013. Back to the Future- Eurozone Edition. Now that the debt ceiling and government shutdown crisis has basically been averted. I thought I'd take a bit of time to talk about something other. In it, Krugman discusses something called the European Rate Mechanism (ERM for short). Obviously, your first question is probably "what's the ERM? So why did they do this? Without getting too bogged down in the de...

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A Misleading Guide to Current Affairs: Breaking News: Insurance Costs Money, Scandal Ensues.

http://misleadingguidetocurrentaffairs.blogspot.com/2013/03/breaking-news-insurance-costs-money.html

A Misleading Guide to Current Affairs. Because in the Long Run, We're All Dead. Wednesday, March 27, 2013. Breaking News: Insurance Costs Money, Scandal Ensues. At first glance, this chart. You're shocked and appalled at how we were lied to about the costs of Obamacare, right? Well you shouldn't be, honestly. And I'm a little disappointed that the generally careful David Frum bought into this. So why is that important? Came out, it covered the period between 2010 and 2019. Costs were put at around $1&#46...

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A Misleading Guide to Current Affairs: Out of Sight, Out of Mind

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A Misleading Guide to Current Affairs. Because in the Long Run, We're All Dead. Thursday, October 24, 2013. Out of Sight, Out of Mind. Austin Frakt over at The Incidental Economist had a good post. Today about how Ted Cruz's spokeswoman argued that, because the Senator was on his wife's employer-provided health plan, it didn't cost taxpayers any money. In his post, Frakt points out the obvious mistake- all. Employer-provided insurance is taxpayer-subsidized. In any case, you get my point: Just because th...

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A Misleading Guide to Current Affairs: Employer Provided Health Insurance Isn't Really Provided by Employers

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A Misleading Guide to Current Affairs. Because in the Long Run, We're All Dead. Friday, November 1, 2013. Employer Provided Health Insurance Isn't Really Provided by Employers. My employer's the one footing most of the bill! This is demonstrably wrong. It helps to think about it like this: when you're a worker who gets paid in cash and gets insurance through your job, your total compensation. So even if your employer supposedly seems. To be footing the bill for most of your insurance plan, they really ar...

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A Misleading Guide to Current Affairs: In Which Ben Bernanke Turns me into William Jennings Bryan

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A Misleading Guide to Current Affairs. Because in the Long Run, We're All Dead. Thursday, June 21, 2012. In Which Ben Bernanke Turns me into William Jennings Bryan. On July 9, 1896, William Jennings Bryan gave a famous. Federal Open Market Committee). Statement. I'm not really going to delve into their extension of. Because it likely won't do much to help the economy. Instead, I'm going to run through sort of a thought experiment on the trade-off between inflation and unemployment. During a recession, wh...

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A Misleading Guide to Current Affairs: It's A-Me, Mario!

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A Misleading Guide to Current Affairs. Because in the Long Run, We're All Dead. Saturday, June 2, 2012. It's A-Me, Mario! Oh Mario, my Mario. Nothing substantive in this post, just frustrated by central bankers on both sides of the Atlantic. Bernanke doesn't seem to be willing to do anything right now and (even more catastrophically, I think) Mario Draghi is Draghi(-ing) his feet on the Eurozone crisis. See what I did there? You do what you can to stay sane. Anyways, with yesterday's jobs report. Big new...

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A Misleading Guide to Current Affairs: Who's Afraid of a Balanced Budget Amendment?

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A Misleading Guide to Current Affairs. Because in the Long Run, We're All Dead. Tuesday, February 12, 2013. Who's Afraid of a Balanced Budget Amendment? Well, I am, for one. And you should be too. Republicans are again trotting out the idea. First of all, the bill being proposed by the GOP this week would cap federal spending at 18% of GDP. There's a small problem with that, though. Federal spending hasn't been that low since the mid-1960s:. That is to say, Federal spending hasn't been below 18% since.

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A Misleading Guide to Current Affairs: How Much Do Super Diseases Cost Us?

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A Misleading Guide to Current Affairs. Because in the Long Run, We're All Dead. Thursday, April 12, 2012. How Much Do Super Diseases Cost Us? Pretty short post today, but I just read a really interesting. By Ezra Klein on the effects of antibiotic use in our beef and the implications for our health care costs. Here's a few choice excerpts that I found particularly frightening:. 70 percent of the antibiotics used in this country - 70 percent! That's not chump change. So why don't we just set aside cer...