Economy

Employment Impact of Proposed Mandatory Part D Drug Rebates

| Economy & HealthCare | Douglas Holtz-Eakin

The President and some members of Congress have proposed requiring that prescription drug manufacturers pay rebates to the federal government for drugs dispensed to Medicaid/Medicare dual-eligible beneficiaries and other low-income seniors through the Medicare Part D program. (The required rebates would be in addition to the manufacturer-paid rebates already in the Part D program due to the market-based negotiations between manufacturers and Part D plans). 

Pioneer Press Op-Ed: President Obama's visit: Let's talk about consequences of $30B medical device tax

| Economy | Norm Coleman

By Norm Coleman and Laura Brod
Pioneer Press Opinion Page
February 26, 2014
 
Today President Barack Obama is coming to Minnesota.
 
According to the Pioneer Press, "When President Barack Obama comes to the Twin Cities on Wednesday, he'll make a stop at Union Depot in St. Paul to discuss transportation and transit issues, a source confirmed Saturday."
 
He won't be here to tout ObamaCare or its twin sister of health care malfeasance, MNsure.
 
He will be here to talk about how he wants to spend more money. Your money.
 

Notes From Norm: Dark and Desperate Future

| Economy | Norm Coleman

There’s been a lot of bad that’s come from the economic policies of the Obama Administration. 

Higher deficits.  Lower employment.  A reduced labor force participation. 

And, while the President pivots, for the 19th time, to talk about the sputtering economy as his priority he does so with little to offer on how to address it other than more populist rhetoric to try to divide America.

There’s been a lot of bad that’s come from the economic policies of the Obama Administration. 

Higher deficits.  Lower employment.  A reduced labor force participation. 

And, while the President pivots, for the 19th time, to talk about the sputtering economy as his priority he does so with little to offer on how to address it other than more populist rhetoric to try to divide America.

Notes From Norm: Dark and Desperate Future News

Daily Dish 7.17.13

| Economy | Mike Danylak

Good Morning –


The Wall Street Journal reports on a new study by Regional Economic Models, Inc. (REMI) on Immigration reform which found “A handful of big states with large shares of undocumented workers stand to reap the biggest economic benefits if plans to overhaul the immigration system are passed into law.” More from DHE on the new REMI study below.

The Daily Dish 6.17.13

| Economy | Noelle Clemente

Ahead of the Fed meeting this week, the Wall Street Journal reports that "in every year of the economic recovery the Federal Reserve has overestimated how fast the economy would grow.

The Daily Dish 4.17.13

| Economy | Noelle Clemente

Must Read this AM: the Wall Street Journal editorialized on the economics of immigration and DHE's latest immigration study, writing that "on balance U.S. businesses and the overall economy would benefit from a growing supply of younger immigrants who would have decades of more productive, creative work to contribute to American prosperity." 

Notes from Norm: Welcome to Jimmy Carter's Second Term

| Economy | Norm Coleman

According to Wikipedia, “Counterfactual history, also sometimes referred to as virtual history, is a form of historiography that attempts to answer "what if" questions known as counterfactuals. It seeks to explore history and historical incidents by means of extrapolating a timeline in which certain key historical events did not happen or had an outcome which was different from that which did in fact occur.”

The Daily Dish 4.2.13

| Economy | Noelle Clemente

In a familiar lead, the New York Times reports: "Unable to meet tight deadlines in the new health care law, the Obama administration is delaying parts of a program intended to provide affordable health insurance to small businesses and their employees -- a major selling point for the health care legislation." Remember, "a stated goal of the 2010 law was to increase 'consumer choice' and stimulate competition among insurers." Delaying the choice option for small busine

Notes From Norm: Immigration Reform: Due Process in Due Time

| Economy | Norm Coleman

News over the past couple of days that the leadership of multiple Labor Unions and the U.S. Chamber of Commerce have reached agreement on a so-called Guest Worker program provides optimism that real immigration reform may still be possible in 2013.

Long a sticking point in the immigration reform debate, the lack of agreement between Labor and Business on how to address the issue of guest workers in the United States has often been seen as one of the major obstacles to immigration reform.

This being said, we’re not quite there yet when it comes to immigration reform.