Paul Krugman on state efforts to expand Medicaid by funneling new recipients through private insurers: But you should really be outraged at the efforts of some states to ensure that the Medicaid expansion is done not via direct government insurance but run through the insurance industry. What you need to understand is that this is… Read more »
Posts Tagged: owls
Open thread for night owls: Number of far-right ‘Patriot’ groups at all-time high
From the Southern Poverty Law Center: The number of conspiracy-minded antigovernment “Patriot” groups on the American radical right reached an all-time high in 2012, the fourth consecutive year of powerful growth by a movement that is becoming increasingly militant as President Obama enters his second term and Congress debates gun control measures, according to a… Read more »
Open thread for night owls: Corporate profits soar, job growth doesn’t
At The Atlantic, Derek Thompson writes Corporate Profits Are Eating the Economy: Here are two things that are true about the economy today. (1) The Dow Jones industrial average is poised to set a new record as corporate profits stretch to all-time highs. (2) There are still fewer working Americans today than there were before… Read more »
Open thread for night owls: Despite supposed wealth of over-65s, most depend only on Social Security
Dean Baker writes Time to Bury Pew Report on Wealth by Age Group: A couple of years ago, Pew did an analysis that gave breakdowns of wealth by age group. It found that the median household over the age of 65 had $ 170,500 in net worth. I was actually pleased that they came up… Read more »