Jul
23
2009
Well needless to say there’s a lot going on in the healthcare arena lately. In case you missed it, the House of Representatives released their healthcare bill last week. I’m planning on writing up my analysis of it but unfortunately I’ve got midterms early next week so you’ll all have to wait a week or so for that. But in the meantime I thought I’d provide some basic information about what the bill contains since I’ve had several people recently express frustration to me that they don’t know where to get an objective description of the contents of the bill. So I’ve provided some helpful links after the jump. Continue reading
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9 comments | tags: Analysis, Bill, CBO, healthcare, Healthcare Reform, House, Obama, Public Plan, reform, Representatives | posted in Current Events, Health, Politics
Mar
24
2009
Just a few comments on President Obama’s press conference tonight, it will be quick because I’ve got a lot to study. I’ve got the whole thing posted at the end of this article but I wanted to highlight this clip where he addresses issues surrounding his proposed budget. Its short, and if you’re concerned at all about the 3.6 trillion budget the administration recently proposed its a good one to watch.
I’m probably going to do a larger post about the budget at a later date but I think he does a great job of hitting some of the common concerns head on. One thing he talks about is that, like with the stimulus plan and the bank bailout, we have to remember that it’s not a choice between increasing the deficit and not increasing the deficit! The deficit will increase over the next several years. Its a matter of choosing the path that will increase it the least. And we also have to remember that a slow-growing, or shrinking, economy reduces government inflows and increases our deficit significantly. The idea is to boost spending in ways that will stimulate the economy such that it offsets the costs of that spending.
So I don’t think we can just say, “why don’t we spend less to decrease the deficit?” Cutting valuable spending will likely
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2 comments | tags: 3.6 Trillion, Budget, CBO, Deficit, GDP, March, Obama, Press Conference, Spending, Stimulus, Taxes | posted in Current Events, Politics
