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Friday, June 23, 2017

Links: Recession risks; the really, really bad Senate GOP health plan; see ya later… [feedly]

Links: Recession risks; the really, really bad Senate GOP health plan; see ya later…
http://jaredbernsteinblog.com/links-recessions-risks-the-really-really-bad-senate-gop-health-plan-see-ya-later/

A few links to check out, both over at WaPo.

First, no one knows when the next recession will hit though it's closer now than when I started writing this sentence. But I've got two recessionary concerns: one, fiscal policy, both discretionary and automatic will be thoroughly insufficient due to the toxic mix of Congressional dysfunction and austerity; two, financial deregulation will raise the likelihood of another bubble.

Second, the Senate health care plan is worse than the House plan. Specifically, it's pretty much the House plan but with much deeper Medicaid cuts over the long term.

Finally, I'm outta here, headed for the far-east for a few weeks, and I'm gonna do my best not to cast my gaze westward. You know what that means, right? It means that you, OTE'ers, have to keep the forces of economic darkness from gaining any ground in my absence. Be assured, I'll hold you personally responsible if the sh__ goes south while I go east.

Best,
JB


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