Bookworm Room

Tweet In an earlier post, I asked several questions about economic issues that confuse me.  Robert Arvanitis wrote a comprehensive reply, but then couldn’t get the Word Press comment system to accept it.  Because it is so comprehensive and informative, I’m putting it up here as an independent post.  All that I ask of the [...]

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Tweet I have a few questions to ask, all of which involve economic trends. Why, if the economy is contracting and the labor market is flat-lined, has the stock market gone up? Will the stock market stay up (long-term and short-term predictions, please)? The IRS says that families will be paying $20,000 for health insurance.  [...]

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Tweet With the election nearing, the Facebook frenzy is accelerating.  I got this from a Facebook acquaintance: Lots of food for thought, there: Ryan voted to end funding for Planned Parenthood.  Ryan’s vote is completely in line with Romney’s insistence that a broke U.S. government should repeatedly ask itself “Is this program worth going into [...]

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Tweet Conservatives of all religious stripes have been attacking the ObamaCare mandate regarding birth control and abortifacients on religious grounds.  The Obama administration’s response was to introduce an “accommodation” under which the insurance companies will henceforth offer these medicines and services for “free.” Anybody past the age of five understands that, in this life, nothing [...]

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Tweet Here’s what I see going on and, please, correct me if I’m wrong: Reconciliation is a red herring.  Right now, the House is being promised that, if it votes on the Senate bill, the Senate will fix differences between the two bills through reconciliation.  So everyone is focusing on whether the Senate will indeed [...]

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