A common talking point is that the ACA is imploding, or that it’s unpopular. It is useful to consult actual data and expert opinion when listening to such arguments.
Author Archives: Menzie Chinn
Better Care Reconciliation Act of 2017 Scored
Or, the GOP plan to eliminate the surplus population
Guest Contribution: “The Sugar Swamp”
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version appeared on June 22nd in Project Syndicate.
Guest Contribution: “Time-varying Models for Monetary Policy and Financial Stability”
Today, we are pleased to present a guest contribution written by Laurent Ferrara (Adjunct Professor of Economics, University Paris Nanterre, France). The views expressed here are those solely of the author.
Double Time to Trade War?
From Politico’s Morning Trade:
RAPID PACE OF STEEL PROBE DISCONCERTING: Some Democratic lawmakers could soon press the administration over concerns that a potential Trump decision to restrict steel imports to protect national security could be challenged at the World Trade Organization if the Commerce Department does not provide a convincing basis for any action, Morning Trade has learned.
Pangloss in Wisconsin
In search of a “supply side success” after the end of the Kansas experiment, conservative observers turn to Wisconsin. The Manhattan Institute’s Mr. Riedl declares victory:
Wisconsin’s job growth over the past six years has been extraordinarily strong.
When last we met Mr. Riedl, he was explaining why fiscal policy could have no impact on GDP because, well, because. That does not augur well for his abilities an economic analysis, and indeed we can easily poke holes into the argument that Wisconsin’s doing just great!
“The Transmission of Macroprudential and Monetary Policies across Borders”
That’s the title of a one day conference at the margins of the IMF-World Bank Spring Meetings, organized by the International Banking Research Network (IBRN) and the Monetary and Capital Markets Department of the IMF, aimed at featuring research on the international transmission of macroprudential and monetary policies and to discuss policy implications from this research.
The Pound on 8 June 2017
The UK voters look set to provide another surprise. The pound has moved substantially as exit poll data has come out.
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Employment Situation: Maybe a Little Softer than I Thought
A couple of days ago, I noted that most indicators showed continued growth. Quarterly Census of Employment and Wages figures released today indicate a slightly softer employment situation at end of 2016 than is represented by the establishment series.
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The Kansas Experiment Ends
From The Wichita Eagle:
Lawmakers rolled back Gov. Sam Brownback’s signature tax policy over his objections Tuesday night, forcing into law tax increases to fix a budget shortfall and provide more money for schools.