Word: economisters
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...Seeing an improvement is not the same as things being completely copasetic," says Anthony Chan, an economist at JPMorgan's private bank. "The credit crunch is still alive...
...disappointing that an economist--and a dull one at that--has been named Person of the Year. I thought the controversial firebrand Sarah Palin should have won it, hands down, as her book, Going Rogue, and her constant campaigning against the Democratic Party made her a centerpiece of notoriety and contention all year...
That all ended with the bursting of the property bubble, as home prices fell by nearly half. Today new homes sit vacant with dead lawns and boarded-up windows. Lawrence Yun, chief economist for the National Association of Realtors, calls the Inland Empire a "ground zero" for the nationwide housing bust. To first-time home buyers, though, its blighted cul-de-sacs appear as promising as the orange groves did to Dust Bowl refugees. Armed with an $8,000 tax credit and low mortgage rates, they have flocked to cities like Riverside, where auctioneers sell off foreclosed properties...
...President Obama. Then again, House and Senate leaders are currently negotiating all sorts of adjustments for a merged bill, and any new Medicaid costs could be part of that calculation. "Having the Federal Government pay the complete thing is not that big a deal," says John Holahan, an economist who has studied the Medicaid expansion extensively and who is also director of the Health Policy Research Center at the nonprofit, nonpartisan Urban Institute...
...concerns that it would lead to socialized medicine - would have included no federal funding of benefits. Some health-policy observers wonder if an expanded federal role would prompt HHS to take a heavier hand in running what has been a state-controlled program. Says Gail Wilensky, a health care economist who held high-level governmental positions under both Bush presidencies: "Up until now, I have described Medicaid as a state program with federal oversight. That will obviously change...