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This sounds like David Stockman hysterically ranting that the Fed printed more money under Bernanke than it did from its inception. More cars use more gasoline as well because there's more cars,...
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I am truly grateful to the NY Times. It is one of the majority of newspapers in the US that is showing all the classical signs of dementia. - caseyf5
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A family faced with the need to provide for its elderly members would probably make preparations and budget some of its income for the old folk. It might do that grudgingly, or might not. How would we...
View ArticleRead the NEJM article!
The RAND study shows inflation-adjusted costs will double by 2040. Will the real GDP double by then? - Michael
View Articlethis post is manifesto for Beat the Press
Dean, Thanks for showing how upside down our public discussion is. Fantastic post. Richard - Richard Genz
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proposals for breaking up the big banks, taxing financial speculation, ending patent monopolies for prescription drugs, free trade in health care services and other measures that would reverse the...
View ArticleAll spending measures were converted to 2010 dollars with the use of the...
I understood the article to mean that the cost would double in today's dollars. The authors of the study do state that all costs were converted to 2010 dollars. If you throw inflation in to the mix...
View ArticleREAL GDP WILL DOUBLE BY 2040
Yes, that is the point -- I know they adjusted for inflation. The question is how large will cost be relative to the size of the economy. Answer, about the same as today -- how's that for front page...
View ArticleREAL GDP WILL DOUBLE BY 2040
Dean, Thanks for clarification - hope CBO projection becomes reality as this will resolve many issues. - AlanInAz
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