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Wednesday, December 18, 2013

Warren Mosler — Not a Good Sign – Sector Financial Balances Showing The Deficit is Declining Faster than During Clinton



Soft Currency Economics
Not a Good Sign – Sector Financial Balances Showing The Deficit is Declining Faster than During Clinton
Warren Mosler

5 comments:

  1. Warren
    Please do not fret...
    Obamacare is going to be a major stimulii.
    I wish MMT could see that.

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  2. Obamacare will be a major stimuli for health insurers.

    ReplyDelete
  3. Mike Norman just taught me where to buy stock in medical and insurance industry.

    George Bush just taught me that he overrode OPEC big time now we are energy independent and Saudi's eating crow and dialing 911

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  4. Goog,

    Its up to 7M who have been thrown out of their insurance (so far):

    http://communities.washingtontimes.com/neighborhood/ernest-istook-knowing-inside/2013/dec/16/obamacare-puts-insurance-coverage-reverse-14-1-mar/

    These people will highly likely sign up for the subsidy if the technically incompetent Democrats ever get the system up and operational....

    So estimate 7M times about $200 per month subsidy or a bit more...

    = $1.4B per month increase in $NFA flow from the subsidies just based on this 7M which is probably the enrollees and not dependents ... I think this number eventually goes way higher once people figure out they can get the subsidy.....

    rsp,

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  5. Ok lets re-brand it as a stimulus not a hand out.

    And a payback for all the money we have spent on military by taxation .... for the far left and the supposedly anti-war Ron Paul... for dan kervick

    Then call ita tax credit for the bean counter crowds.

    Eurocare for the hill billies just to pu their tails

    Trickle down jelly beans for john harvey and the vooodoo rats

    ReplyDelete