Government Spending

Commentary

The Weak Spots in the Baucus Bill

The Baucus bill is vulnerable in several immediately apparent ways: It would reduce Americans’ liberty by requiring them to buy health insurance and fining them if they don’t. It would ruin private insurance by requiring insurers to cover all comers at the same premium. In doing so, it would thereby ...
Commentary

Doctors Seven Times More Satisfied with Payments from Private Insurance as Medicare

Funded by the Robert Wood Johnson (RWJ) Foundation, the survey’s results were promoted with a different headline than you see above. “Poll finds most doctors support public option,” said National Public Radio (NPR); “73% of doctors favor public option,” said Salon’s Steve Klingman. These headlines were encouraged by the RWJ ...
Commentary

Jesse Jackson on Health Reform!

According to Mr. Jackson, Medicare, the U.S. government’s single-payer system for seniors is the most popular health plan in the U.S. Well, if I was able to get taxpayers to pay 53% of my medical claims, I suppose I’d be satisfied too. Even so, 90% of Medicare beneficiaries have some ...
Commentary

Cochrane Threatens Austrians More Than Krugman Ever Did

This is a very short-sighted view. Just because someone gets in a fight with someone who we can’t stand–and I’ve criticized Krugman enough to have credibility on that score–doesn’t mean we should endorse any old arguments. There was quite a bit in Cochrane’s response that should alarm an Austrian economist, ...
Business & Economics

Even When Krugman’s Right, He’s Wrong

In other words, Krugman’s enemies–Eugene Fama and John Cochrane–use invalid arguments but reach a true conclusion, namely that big government deficits don’t help an economy in recession. So here’s Krugman’s opening paragraph: Brad DeLong is upset about the stuff coming out of Chicago these days — and understandably so. First ...
Business & Economics

The Reagan Revolution and Its Discontents

His presidency was better than expected, but worse than desired. Some years ago I had occasion to hear Sir Martin Gilbert, then in the midst of producing the official biography of Winston Churchill, discuss how he became interested in writing history. His answer was simple — curiosity. As a small ...
Agriculture

California as a Warning for America

Your current President is following the exact same path that has been followed by the State of California! If you don’t know, California is the 7th largest economy on the planet…and notice where they have landed…virtual bankruptcy. It is a long and educational read…but give it a try. Pretend you ...
Business & Economics

ObamaCare and Hidden Agendas

President Obama gives us a false choice on health care: his way or the status quo. Nobody wants the status quo, and Republicans have real alternatives. The real choice is whether we have a single-payer, government run health care system. “The health care system in America is broken. Costs are ...
Business & Economics

Manufactured Healthcare Crisis

The American Thinker, August 16, 2009 Lux Libertas, August 16, 2009 These are perilous times. Last November’s election of Barack Obama and a filibuster-proof majority of Democrats in both houses allowed a virulent cabal to capture our nation’s seat of power. As with the Democrat takeover of Congress in 2006, ...
California

Governor Schwarzenegger Misunderstands California’s Lessons for Federal Health Reform

California Governor Arnold Schwarzenegger recently wrote a letter to congressional leaders expressing concern about three elements of the looming federal health care take-over: increasing Medicaid costs; wellness, prevention, and quality; and coverage for all. The July 31 letter shows that the governor has failed to learn the lessons of his ...
Commentary

The Weak Spots in the Baucus Bill

The Baucus bill is vulnerable in several immediately apparent ways: It would reduce Americans’ liberty by requiring them to buy health insurance and fining them if they don’t. It would ruin private insurance by requiring insurers to cover all comers at the same premium. In doing so, it would thereby ...
Commentary

Doctors Seven Times More Satisfied with Payments from Private Insurance as Medicare

Funded by the Robert Wood Johnson (RWJ) Foundation, the survey’s results were promoted with a different headline than you see above. “Poll finds most doctors support public option,” said National Public Radio (NPR); “73% of doctors favor public option,” said Salon’s Steve Klingman. These headlines were encouraged by the RWJ ...
Commentary

Jesse Jackson on Health Reform!

According to Mr. Jackson, Medicare, the U.S. government’s single-payer system for seniors is the most popular health plan in the U.S. Well, if I was able to get taxpayers to pay 53% of my medical claims, I suppose I’d be satisfied too. Even so, 90% of Medicare beneficiaries have some ...
Commentary

Cochrane Threatens Austrians More Than Krugman Ever Did

This is a very short-sighted view. Just because someone gets in a fight with someone who we can’t stand–and I’ve criticized Krugman enough to have credibility on that score–doesn’t mean we should endorse any old arguments. There was quite a bit in Cochrane’s response that should alarm an Austrian economist, ...
Business & Economics

Even When Krugman’s Right, He’s Wrong

In other words, Krugman’s enemies–Eugene Fama and John Cochrane–use invalid arguments but reach a true conclusion, namely that big government deficits don’t help an economy in recession. So here’s Krugman’s opening paragraph: Brad DeLong is upset about the stuff coming out of Chicago these days — and understandably so. First ...
Business & Economics

The Reagan Revolution and Its Discontents

His presidency was better than expected, but worse than desired. Some years ago I had occasion to hear Sir Martin Gilbert, then in the midst of producing the official biography of Winston Churchill, discuss how he became interested in writing history. His answer was simple — curiosity. As a small ...
Agriculture

California as a Warning for America

Your current President is following the exact same path that has been followed by the State of California! If you don’t know, California is the 7th largest economy on the planet…and notice where they have landed…virtual bankruptcy. It is a long and educational read…but give it a try. Pretend you ...
Business & Economics

ObamaCare and Hidden Agendas

President Obama gives us a false choice on health care: his way or the status quo. Nobody wants the status quo, and Republicans have real alternatives. The real choice is whether we have a single-payer, government run health care system. “The health care system in America is broken. Costs are ...
Business & Economics

Manufactured Healthcare Crisis

The American Thinker, August 16, 2009 Lux Libertas, August 16, 2009 These are perilous times. Last November’s election of Barack Obama and a filibuster-proof majority of Democrats in both houses allowed a virulent cabal to capture our nation’s seat of power. As with the Democrat takeover of Congress in 2006, ...
California

Governor Schwarzenegger Misunderstands California’s Lessons for Federal Health Reform

California Governor Arnold Schwarzenegger recently wrote a letter to congressional leaders expressing concern about three elements of the looming federal health care take-over: increasing Medicaid costs; wellness, prevention, and quality; and coverage for all. The July 31 letter shows that the governor has failed to learn the lessons of his ...
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