Commentary

Commentary

Medical bankruptcy: Fact or fiction?

This year, a whopping 1.25 million Americans are expected to file for bankruptcy. That’s about equal to the entire population of New Hampshire. Ask the president and his allies whom to blame, and they’ll point to health care. President Obama has claimed that the cost of health care causes a ...
Business & Economics

To cut state prison budget, start with perks for guards

California’s voters will soon consider two ballot initiatives that aim to reduce the state’s unsustainable spending on prisons. The cost of jail is punishing – and not just for the prisoners. Incarcerating an inmate runs an average of $47,000 a year. That figure certainly is not chump change, but the ...
Commentary

NPR Audience Wants End of Life Care Rationed for the Elderly

By centralizing control of health care, Obamacare will cause us to turn on each other to grab bigger pieces of the medical pie. The elderly will be among the first victims, as has already happened in the UK. Recently, NPR held a debate with utilitarian philosopher Peter Singer and an ...
Business & Economics

California’s politicians failing taxpayers

California’s state and local politicians are failing their fiduciary responsibility to the taxpayers. As the taxpayers’ agents, California’s politicians should be establishing compensation policies that are generous enough to attract and retain the right people, but not so generous that government workers earn a substantial premium compared to their private ...
Commentary

A Private Sector Healthcare Solution That We Can Smile About

Earlier this year, Illinois Gov. Pat Quinn decided to cut $1.6 billion from the state’s Medicaid program to help get the state’s finances under control. Among the benefits slashed was dental coverage for adults. The Land of Lincoln was only the latest cash-strapped state to scrap dental coverage under Medicaid, ...
Business & Economics

Economists argue about sequestration’s effect on jobs

As a prominent analyst of the local economy, Stephen S. Fuller of George Mason University’s Center for Regional Analysis attracted plenty of attention when he estimated that the mandatory budget cuts coming in January could cost more than 2 million jobs nationwide, including nearly 450,000 in the District, Maryland and ...
California

Is The Fix In Higher Taxes And Less School Accountability

Supporters of Gov. Jerry Brown’s tax-hike ballot measure, Proposition 30, argue that the added tax revenues are needed so schools can, among other things, turn out high-achieving students. The head of the San Diego teachers union claims that without revenues to pay for programs and personnel, “our schools are struggling ...
Commentary

Another Broken Obama Promise: The Healthcare Cost Monster Emerges

The New England Journal of Medicine recently published an article for its special “Election 2012? edition signed by nearly two dozen economists and healthcare experts calling for a “systematic approach” to health cost control. Several of the co-authors used to be advisers to President Obama, including former budget chief Peter ...
Commentary

Medical Students Need Second Opinion About Obamacare

The board can’t make any changes to Medicare’s fee-for-service structure or adjust the benefits seniors receive. That leaves two options for bringing Medicare’s costs into balance. IPAB could cut payments to doctors — or Congress could raise taxes. Reimbursements for doctors are already low. Doctors receive 20% less from the ...
Business & Economics

More taxes won’t fix state debt

The Golden State continues to lead the nation in accumulating public debt, a race where being in first place isn’t the same thing as winning. “California again trumped other states with a $617 billion debt,” reported State Budget Solutions, a nonpartisan organization advocating “fundamental reforms” for state budgets. For the ...
Commentary

Medical bankruptcy: Fact or fiction?

This year, a whopping 1.25 million Americans are expected to file for bankruptcy. That’s about equal to the entire population of New Hampshire. Ask the president and his allies whom to blame, and they’ll point to health care. President Obama has claimed that the cost of health care causes a ...
Business & Economics

To cut state prison budget, start with perks for guards

California’s voters will soon consider two ballot initiatives that aim to reduce the state’s unsustainable spending on prisons. The cost of jail is punishing – and not just for the prisoners. Incarcerating an inmate runs an average of $47,000 a year. That figure certainly is not chump change, but the ...
Commentary

NPR Audience Wants End of Life Care Rationed for the Elderly

By centralizing control of health care, Obamacare will cause us to turn on each other to grab bigger pieces of the medical pie. The elderly will be among the first victims, as has already happened in the UK. Recently, NPR held a debate with utilitarian philosopher Peter Singer and an ...
Business & Economics

California’s politicians failing taxpayers

California’s state and local politicians are failing their fiduciary responsibility to the taxpayers. As the taxpayers’ agents, California’s politicians should be establishing compensation policies that are generous enough to attract and retain the right people, but not so generous that government workers earn a substantial premium compared to their private ...
Commentary

A Private Sector Healthcare Solution That We Can Smile About

Earlier this year, Illinois Gov. Pat Quinn decided to cut $1.6 billion from the state’s Medicaid program to help get the state’s finances under control. Among the benefits slashed was dental coverage for adults. The Land of Lincoln was only the latest cash-strapped state to scrap dental coverage under Medicaid, ...
Business & Economics

Economists argue about sequestration’s effect on jobs

As a prominent analyst of the local economy, Stephen S. Fuller of George Mason University’s Center for Regional Analysis attracted plenty of attention when he estimated that the mandatory budget cuts coming in January could cost more than 2 million jobs nationwide, including nearly 450,000 in the District, Maryland and ...
California

Is The Fix In Higher Taxes And Less School Accountability

Supporters of Gov. Jerry Brown’s tax-hike ballot measure, Proposition 30, argue that the added tax revenues are needed so schools can, among other things, turn out high-achieving students. The head of the San Diego teachers union claims that without revenues to pay for programs and personnel, “our schools are struggling ...
Commentary

Another Broken Obama Promise: The Healthcare Cost Monster Emerges

The New England Journal of Medicine recently published an article for its special “Election 2012? edition signed by nearly two dozen economists and healthcare experts calling for a “systematic approach” to health cost control. Several of the co-authors used to be advisers to President Obama, including former budget chief Peter ...
Commentary

Medical Students Need Second Opinion About Obamacare

The board can’t make any changes to Medicare’s fee-for-service structure or adjust the benefits seniors receive. That leaves two options for bringing Medicare’s costs into balance. IPAB could cut payments to doctors — or Congress could raise taxes. Reimbursements for doctors are already low. Doctors receive 20% less from the ...
Business & Economics

More taxes won’t fix state debt

The Golden State continues to lead the nation in accumulating public debt, a race where being in first place isn’t the same thing as winning. “California again trumped other states with a $617 billion debt,” reported State Budget Solutions, a nonpartisan organization advocating “fundamental reforms” for state budgets. For the ...
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