Dear OOBonomics Nation,
In response to my 9/28 San Francisco Chronicle Op-Ed on the right to die, I just got this email today from Australia (I guess the internet is a bit slow over such long distances). If anyone wants comments forwarded, I will do so but I can’ t assume he wants his contact info posted. The [...]
Archive for November, 2009
Dear OOBonomics Nation,
Even though interest rates on taxable savings accounts have fallen to a level that can only be seen with an electron microscope, interest rates on other risk-free investments have, for many people, reached record levels of 29-33%/year – tax-free!
OK, what you are about to read is already in OOBonomics but if I had known the credit [...]
Here is the compromise following everyone’s input. To pro-lifers, I say, Roe v. Wade is the law of the land. You can change it via the Supreme Court, not through a rider to a bill in Congress. And if it’s a matter of principle not to pay for abortions with “your” insurance premiums, you shouldn’t [...]Read Full Post
ABORTION COVERAGE IS ABOUT MATH AS WELL AS POLITICS
Let us start by acknowledging that those who think abortion is a sin must be respected, and not forced into a risk pool that covers abortion. Let us also acknowledge that those who are pro-choice need to accept the beliefs of those who are pro-life, and recognize that abortion [...]
Even assuming that the last posting is not actuarially correct (is too!), the cost of adding abortion to coverage is about $1/month per individual, or maybe $3 for a family.
How do I know this? Well, unlike everyone else bloviating about this issue on both sides, I’ve actually run the numbers, which isn’t hard. There are [...]
Those of you who know your American history might recall the “Great Compromise” that allowed the rural states and the urban states to overcome a major impasse about whether representation should be proportional to population or whether all states should get equal weight. The result was a bicameral legislature. (But you knew that.)
Health care reform almost reached [...]
I am not posting today about them winning the championship at a cost of about $4-million per victory. This is about something more important than baseball.
Tomorrow would have been my wife’s (60th!) birthday, but she didn’t make it past 59 because she succumbed to Lou Gehrig’s disease (Amyotrophic Lateral Sclerosis, or ALS). She died, in [...]
As of this writing, Congress is poised to extend the first-time homebuyers $8000 tax credit for more months and possibly institute yet another credit, for $6500, to other homebuyers. Such an action would illustrate exactly what we say in the introduction to OOBonomics: A perfect example of the government trying to undo the mess made [...]Read Full Post
Here’s an idea: revise IRS rules for employee reimbursement of expenses (eg, travel expenses) that require receipts from credit card purchases. Paper receipts!!??! Currently, employees need to save receipts, then they or their admin support tapes the receipts to 8.5 x 11 sheets of paper (the 2nd biggest use of Scotch tape outside of Xmas). The sheets are then mailed [...]Read Full Post