Inside the Nightmare Launch of HealthCare.Gov - "Unknown to a nation following the fiasco, McDonough's assignment from the President had boiled down to something more dire than how to fix the site. As the chief of staff remembers his mission, it was 'Can it be patched and improved to work, or does it need to be scrapped to start over? He wanted to know if this thing is salvageable.' Yes, on Oct. 17, the President was thinking of scrapping the whole thing and starting over." (previously) [more inside]
Yesterday, the Nielsen Company released a report showing that same-sex partnered households in America shop about 16% more than the average US household. Broken down into categories, Nielsen observes that gay couples drink a ton, while lesbian couples eat an awful lot of cottage cheese.
There's been a lot of talk in the US media about the "Fiscal Cliff" and the "Grand Bargain" What are they?
The "fiscal cliff" is a confluence of three legal changes taking effect Jan. 1: the expiration of a payroll-tax cut, the expiration of the Bush-era tax cuts, and the advent of mandatory spending cuts known as "sequestration."Fiscal Cliff 101: 5 Basic Questions Answered. What's Happening: Fiscal Cliff Explained [more inside]
Buying useful things, like roads and universities and health care and solar energy and spaceships, should be better stimulus than fighting wars.
"Liberals have not always been very good at communicating why liberalism works. There’s many reasons for this, but part of it is that it can be hard to defend the obvious from an absurd and deceptive attack. For half a century you had to be a crank to oppose what Roosevelt accomplished; liberals got out of the habit of arguing for their beliefs. I hope this page will help. Liberals don’t need to apologize for their vision of how American society should work. Liberalism saved American capitalism and democracy, defeated Naziism, created a prosperous middle class, and benefited every sector of society, from the back streets to Wall Street. " Mefi's own Zompist (previously) on Why Liberalism Works.
Bruce Bartlett, senior policy analyst in the Reagan White House, speaks out against Republicans - The monumental hypocrisy of the Republican Party is something amazing to behold. And their dimwitted accomplices in the tea-party movement are not much better. They know that Republicans, far more than Democrats, are responsible for our fiscal mess, but they won't say so. And they adamantly refuse to put on the table any meaningful programme that would actually reduce spending. Judging by polls, most of them seem to think that all we have to do is cut foreign aid, which represents well less than 1% of the budget. [more inside]
Make Work[1,2,3] or: How I Learned[4,5] to Stop Worrying and Love Deficit Spending[7,8,9] (during a general glut at the zero bound) -- When I was a kid, if I was sitting around the house and complained I didn't have anything to do, my mom would always respond the same way. "I'll find something for you to do," and she would. It was make work, she was finding something for me to do on the spot to cure my unemployment problem... [more inside]
President Obama's plan for American Recovery and Reinvestment [pdf] might be thought of as TARP round two [1,2] -- instead of hiding the bodies, this one's preparing the ground for a big tent or the economic equivalent of war. There are critics and detractors (cramdown nation ;) left and right, natch, but also conservative supporters and progressive defenders to save or create
three four million jobs; hooray! [more inside]
Percent of World Military Spending. The US and its allies dwarf the rest of the world in what it spends on defense. On the one hand I see the need to bring overwhelming force in a conflict and I think just having it is in itself stabilizing. But I can also see money and resources put to better use elsewhere (e.g. healthcare, education, basic research) the effects of which I think might even do more to affect global peace and prosperity than any loss that may obtain from a reduced defense budget. (other Thoughts of the Fortnight by J. Bradford DeLong including this draft he presented with Larry Summers! at the Fed symposium in Jackson Hole :)