Links to what I’ve been reading.
Austin Frakt finally reports on his journey to figure out if premium support is a legitimate health reform model:
I am honored to join Henry Aaron on the by-line of this, just published, NEJM commentary on premium support. It is short and ungated, so I hope you will read it. It offers a negative view of premium support, particularly the variants of the concept that have been recently proposed. I am certain this will delight some readers. I am just as sure many will be disappointed. Some may be surprised. There’s no pleasing everyone. The best I can do is explain my view as clearly as I can, as well as the process by which I came to it.
Matt Yglesias with a different take on wealth redistribution:
Whatever you think of Wayne’s moral judgment, I wish more people would tip their caps in the direction of his economic wisdom. In the 19th century, land was the main source of wealth, and the Native Americans possessed a great deal of it on a per capita basis. What the white population of the United States did was take the land for themselves and become rich in the process.
Right to Work legislation has made it’s way out of the Indiana House of Representatives. There’s basically no stopping it now:
Nancy Guyott, president of the Indiana AFL-CIO, said the battle is not over. She said they will turn their attention to the Senate where a final vote on the House version must pass. If it is not amended there — and no one thinks it will be — it goes to Gov. Mitch Daniels to be signed in to law. While Daniels had told unions in his 2004 campaign and again in 2006 as governor that he would not pursue “right to work” he made its passage his top legislative priority this session, his final as governor.
Daniels has said that Indiana is losing too many job opportunities by not being one of the 22 states in the nation with the law on the books.
Dave Weigel reports on PolitiFact’s weird call to label a straightforward statement by the president as “half-true:”
PolitiFact charged out of the gate yesterday, adding to coverage of the State of the Union by catching President Obama in a “half true” statement. The president claimed that the economy added 3 million jobs since the bottom of the recession. Again: He said that “businesses” were responsible. PolitiFact’s Lou Jacobson tsk-tsked the audacity.
Jared Bernstein patiently explains why (surprise) the Wall Street Journal editorial page is wrong:
The editorial page of the WSJ is at it again, torturing numbers until they confess to crimes they did not commit. In this case, they’re claiming that Mitt Romney’s tax rate is a lot higher than the 15% he himself has acknowledged, and that his tax records confirm. It’s a claim that requires considerable sleight of hand, as I’ll show. But more importantly, when you actually start to look at the tax code that applies to rich folks like Gov Romney, with all their income from investments as opposed to earnings, you get a sense of just how tilted tax policy is in their favor.