“Death spiral” is a colloquial term that has various meanings: it can be used to describe an insurance plan whose costs are rapidly increasing as a result of changes in the covered population. It is the result of adverse selection…

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Politicians from George Bush downward, were quiet aware of their shaming failure to provide adequate immediate response after hurricane Katrina. Critics find it ironic that over half a million of the forgotten people were poor black families who make up…

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