Thursday, April 09, 2009

new policy wonk blog

Keith Hennessey, someone I used to work/with for at the White House (also a Stanford alumni) has been making the morning talking heads circuits recently. He was the National Economic Adviser, the position that Larry Summers now holds. To complement his punditry in today's new media age, he has a new blog.

This is his blog entry on gas prices based on a memo I wrote.

His latest entry on counting the under-insured is quite interesting, and contains lots of the other side of the story that we worked on producing under the W White House, but rarely gets play in the press. For example, he notes that of the 45 million without insurance, about a quarter are non-citizens, another quarter are automatically covered by government insurance even though they may not know it know it, but would if they walked into any hospital, and another quarter are young or with above average income.

Reminds me of another useful stat we found on minimum wage. Of those making minimum wage only 20% are in poverty, and only 20% of those in poverty make the minimum wage. Essentially most are well-off teenagers or people who may not really need the money.

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