Sunday , August 18 2019
Home / Econbrowser - James Hamilton / “Go back to Puerto Rico”

“Go back to Puerto Rico”

Summary:
“Republican Rep. Jason Smith yelled a potentially racially charged remark across the aisle as Democratic Rep. Tony Cárdenas was at the podium.” (Roll Call) This behavior provides an insight into the sheer callousness of some people. Nonetheless, this provides a good example to remember what has happened in Puerto Rico, as they now face an impending food crisis, as funding for food assistance runs out. Should that happen, we will need to start calculations of excess fatalities, based on Mr. Trump’s niggardliness and racism. For now, a recap of excess casualties including the official estimates, and those I calculated. Figure 1: Cumulative excess deaths from September 2017, for simple time dummies OLS model (blue), OLS model adjusting for population (green), and Quantile Regression model

Topics:
Menzie Chinn considers the following as important:

This could be interesting, too:

Tyler Cowen writes Saturday assorted links

Scott Sumner writes Recessions are not forecastable

Scott Sumner writes A proposed three team trade

Tyler Cowen writes Friday assorted links

“Republican Rep. Jason Smith yelled a potentially racially charged remark across the aisle as Democratic Rep. Tony Cárdenas was at the podium.” (Roll Call)

This behavior provides an insight into the sheer callousness of some people.

Nonetheless, this provides a good example to remember what has happened in Puerto Rico, as they now face an impending food crisis, as funding for food assistance runs out. Should that happen, we will need to start calculations of excess fatalities, based on Mr. Trump’s niggardliness and racism.

For now, a recap of excess casualties including the official estimates, and those I calculated.

“Go back to Puerto Rico”
Figure 1: Cumulative excess deaths from September 2017, for simple time dummies OLS model (blue), OLS model adjusting for population (green), and Quantile Regression model adjusting for population (red), Milken Institute point estimate (black) and 95% confidence interval (gray +), Santos-Lozada, Howard letter (purple). Source: author’s calculations, Milken Institute (2018), Santos-Lozada and Howard (2018).

My methodology is reported here. Mr. Trump has not pointed to any documentation to substantiate his skepticism regarding the official estimate of the Commonwealth of Puerto Rico.

Menzie Chinn
He is Professor of Public Affairs and Economics at the University of Wisconsin, Madison

Leave a Reply

Your email address will not be published. Required fields are marked *