- January 30, 2017
David Burress
There are around a million foreign students in the US. All of them bring money with them. If they bring an average of even $10,000 each (which isn’t enough to pay their expenses) they would add at least $10B to US demand. There would be additional Keynesian multiplier effects. So their impact is around .1% ...
- January 26, 2017
David Burress
The oligarchs are gradually turning the US into a second-rate economy. Leaving aside the details of how it works, can any one think of an historical analogy? That is, are there any other cases where the power structure of a leading economy consciously rejected traditional ways of doing things and adopted sweeping economic reforms that ...
- January 25, 2017
David Burress
Character is of no direct importance in a politician. What matters is policy and action. Nevertheless character is of great indirect importance, because we use it to predict future policies and actions. However some aspects of character are far more politically relevant than others.
I have no particular interest in which politicians do or do not ...
- January 24, 2017
David Burress
“Kancare” is the privatized MediCare program imposed by Brownback. It has performed abominably and hence the federal Center for Medicare and Medicaid Services (CMS) has refused to issue a waiver to continue it. Kansas Department of Health and Environment (KDHE) Secretary Susan Mosier withheld the letter from the Legislature for a while. Then she testified that:
1. ...
