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Category Archives: Finance and economics

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Another deadline looms…

The New Neo Posted on October 31, 2013 by neoOctober 31, 2013

…and the Obama administration and the Democrats may not be able to finesse this one: According to an Affordable Care Act timetable established by administration officials, early next October insurance companies will announce their new menu of health care plans … Continue reading →

Posted in Finance and economics, Health care reform | 25 Replies

Attention, Walmart shoppers

The New Neo Posted on October 16, 2013 by neoOctober 16, 2013

You’ve probably already heard about the EBT card breakdown during a power outage in which shoppers at a couple of Louisiana Walmarts purposely took advantage of the situation by “buying” a huge number of groceries for amounts that greatly exceeded … Continue reading →

Posted in Finance and economics, Food | 23 Replies

Raising the debt ceiling: Obama’s refusal to negotiate

The New Neo Posted on October 9, 2013 by neoOctober 9, 2013

So which will it be: catastrophe or no? And if it’s catastrophe, how soon will that happen? I will say at the outset: I don’t know the answer to either question. And what’s more, I don’t think anyone knows. That … Continue reading →

Posted in Finance and economics, Obama, Politics, Press | 75 Replies

Sticker shock on Obamacare

The New Neo Posted on October 7, 2013 by neoOctober 7, 2013

There are a lot of surprised people in California now that more Obamacare details are coming out: In California, 1.9 million people buy plans on the open market, according to officials with Covered California, the state’s new health insurance exchange. … Continue reading →

Posted in Finance and economics, Health care reform, Liberals and conservatives; left and right | 78 Replies

Thoughts on the debt ceiling fight

The New Neo Posted on October 7, 2013 by neoOctober 7, 2013

It’s hard to get reliable information on what would actually happen if the debt ceiling were not raised. Tom Coburn says it wouldn’t be such a big deal: “We’ll continue to pay our interest, we’ll continue to redeem bonds, and … Continue reading →

Posted in Finance and economics, Politics | 17 Replies

Obama: fear itself

The New Neo Posted on October 5, 2013 by neoOctober 6, 2013

Instead of exerting a calming influence, Obama ramps up the fear connected with the shutdown. Watch his demeanor, too; chilling: But actually this is nothing new, it’s how Obama rolls. Why do I say that? It was also his reaction … Continue reading →

Posted in Finance and economics, Historical figures, Obama | 40 Replies

Want some good news?

The New Neo Posted on October 5, 2013 by neoOctober 5, 2013

Here.

Continue reading →
Posted in Finance and economics | 8 Replies

The cost of Obamacare: insurance premiums versus health care itself

The New Neo Posted on September 28, 2013 by neoSeptember 28, 2013

I’ve got a new piece up at PJ. Recently there have been a host of articles purporting to compare the cost of health insurance premiums under Obamacare with the cost of premiums today, or with the costs originally projected under … Continue reading →

Posted in Finance and economics, Health care reform | 11 Replies

Obamacare: bait…

The New Neo Posted on September 24, 2013 by neoSeptember 24, 2013

…and switch. And the public never even took the bait in the first place. More here. The gist of the message is that from the outset the calculations to sell Obamacare to the American public were slipshod and/or naive and/or … Continue reading →

Posted in Finance and economics, Health care reform, Obama | 15 Replies

Larry Summers is out for head of the Fed

The New Neo Posted on September 16, 2013 by neoSeptember 16, 2013

Summers was forced to withdraw by a bunch of Democrats who didn’t like Obama’s pick. As far as I can see, there were three reasons for this: (1) Summers had been insufficiently in favor of financial regulation during the 90s. … Continue reading →

Posted in Finance and economics, Obama, People of interest, Politics | 16 Replies

What to do about Detroit: illogical non-consequences

The New Neo Posted on July 31, 2013 by neoJuly 31, 2013

If you’re familiar with Thomas Sowell’s concept of competing visions (see this or this) you’ll have a framework for this conversation between Steven Rattner, former counsel to Obama’s Treasury Department, and George Will, on the topic of what should be … Continue reading →

Posted in Finance and economics, Liberals and conservatives; left and right | 40 Replies

Can someone please explain this to me?

The New Neo Posted on July 30, 2013 by neoJuly 30, 2013

Israel releases terrorists in anticipation of talks with Palestinians. At this point I can’t say I really understand any part of it. These periodic releases—and periodic talks—keep happening, and there’s no reason to expect that anything good will come of … Continue reading →

Posted in Finance and economics, Israel/Palestine | 15 Replies

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