Headlines I Wish I Hadn’t Seen

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  1. Xinyuan Zou says:

    Prof. Mankiw’s article looks interesting. Statistically speaking, we cannot draw a conclusion that higher inequality causes higher mortality even though the parameters are significant. Correlation does not necessarily mean causality. Data may mislead people due to the deficiency of statistical modeling.

  2. BHS says:

    “The Massachusetts exchange has failed in spectacular fashion and lags far behind the federal site in terms of progress toward fixing the problem.”

    Wow. That must be bad.

    • Lacey says:

      “Exchange Website Has Not Successfully Enrolled A Single Person: Enrollment By Paper And Excel”

      We’re reverting to pen-and-paper and excel? So much for “Forward.”

    • Steve says:

      “In addition, the Connector has been forced to extend a $1.1 million contract with a third-party administrator because the exchange website can’t handle the composite billing the ACA requires.” – As if this plan weren’t costing enough already.

  3. Perry says:

    “Massachusetts is now home to the country’s worst performing exchange.”

    That’s pretty bad considering Mass is the poster child for health insurance reform.

  4. Studebaker says:

    Paul Krugman writes…

    Rising inequality has obvious economic costs: stagnant wages despite rising productivity, rising debt that makes us more vulnerable to financial crisis. It also has big social and human costs. There is, for example, strong evidence that high inequality leads to worse health and higher mortality…”

    Rising inequity doesn’t cause stagnant wages. Inequity and stagnant wages are caused by the same phenomenon — global competition. It’s true the poor generally have worse health than wealthier individuals. But, much of the difference is lifestyle, and possibly some genetics. Inequity itself doesn’t lead to higher mortality.

  5. Lucy says:

    “New Jersey taxes could eat up all of Peyton Manning’s Super Bowl earnings…”

    This sort of reminds me of the Olympics when people were suddenly outraged that gold medalists were going to be taxed on their winnings. It’s great to see some focus on these issues, with people across the spectrum thinking that the tax in that situation seemed unfair, but it sure would be nice if folks would extend that outrage to the income tax in general, not just to these specific situations. It’s a tax on a person’s success, plain and simple.

  6. PJ says:

    I wish Paul Krugman would just pack up his things and go home.

  7. Trent says:

    he will pay New Jersey $46,844 on his $46,000, which amounts to a 101.83% tax on his actual Super Bowl earnings in the state—and this does not even consider federal taxes!

    Poor Peyton. Thats just a drop in the bucket for what he would make

  8. John R. Graham says:

    PCORI, the comparative-effectiveness research body, is doing what any freshly baked, government backed, agency will do: Invest its windfall in public-relations and feather-bedding to ensure its continued existence.

    To actually fund comparative-effectiveness research would entail taking risks: Poking various bears and dragons, which would rise up to cut off government funding.

    PCORI’s behavior is quite understandable.