tag:blogger.com,1999:blog-32053362.post5840955364586241440..comments2024-03-18T06:27:51.599-04:00Comments on Not Running a Hospital: When borrowing is a good ideaPaul Levyhttp://www.blogger.com/profile/17065446378970179507noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-32053362.post-22828394995926165762010-12-16T10:08:28.550-05:002010-12-16T10:08:28.550-05:00Legislatures always conveniently
"forget&quo...Legislatures always conveniently <br />"forget" the counter-cyclical aspect of Keynesian theory. Everyone hold hands and sing "Kumbaya" as I tell you the story about the legislature that spent to stimulate growth during busts and scaled back spending and socked surpluses away during booms.Cetusnoreply@blogger.comtag:blogger.com,1999:blog-32053362.post-4374443908913850882010-12-15T16:41:10.925-05:002010-12-15T16:41:10.925-05:00Leaders on Beacon Hill certainly face a tough fisc...Leaders on Beacon Hill certainly face a tough fiscal situation this year-- at least a $1.5 billion shortfall-- but for this state to add jobs, policymakers must be careful not to drown companies already struggling with big increases in health care insurance costs. <br /><br />The logical conclusion is that with each additional dollar spent on unemployment & health care insurance, it is one less dollar free to hire a new employee.<br />Josh Archambault<br />Pioneer InstituteJosh Archambaultnoreply@blogger.comtag:blogger.com,1999:blog-32053362.post-70518074318682846042010-12-14T14:51:08.116-05:002010-12-14T14:51:08.116-05:00The problem is that nobody wants to build up the f...The problem is that nobody wants to build up the fund to support the next recession. And if it built up too much the Massachusets legislature would skim it to pay some political hacks who got thrown out in the last election, or some "training" program created to get cozy no-bid contracts from the state.Engineer on Medicarenoreply@blogger.com