Commentary

Commentary

The Top Ten Reasons We Must Oppose ObamaCare

Why it has to be stopped. 1. ObamaCare’s centerpiece, a Medicare-like “public option,” would cause millions of Americans to lose their employer-provided health insurance. Millions of employers would choose this new “option” for their employees. The Lewin Group, a prominent consulting firm, estimates that under a widespread, Medicare-like “public option,” ...
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 ...
Commentary

Prescription: Debt

Obamacare Would Lose $65 Billion a Year DEMOCRATIC members of Congress are now trying to decide whether they’re better off abandoning ObamaCare and inviting the administration’s wrath — or supporting it and inviting their constituents’ wrath. If the public learns the full extent of what the Congressional Budget Office has ...
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 ...
Commentary

Surprise! Waxman Is Wrong!

Precisely how has Big Phrma done that? Well, there are about 6 or 7 million people eligible for both Medicaid and Medicare — “dual eligibles” in Beltwayspeak — and they were shifted from Medicaid to Medicare Part D for their drug needs when Part D was implemented. (This made the ...
Commentary

The Medicare tsunami

In a recent news conference, President Obama said: “The biggest driving force behind our federal deficit is the skyrocketing cost of Medicare and Medicaid. So let me be clear: If we do not control these costs, we will not be able to control our deficits.” He is absolutely right. The ...
Commentary

Another Attack On Big Drugmakers

Health Care: Powerful California Rep. Henry Waxman wants to save Medicare billions by going after drug industry “windfalls.” As usual, his “savings” will very quickly turn into higher costs for you-know-who. So many industries, so little time — that might be the Democrats’ motto. By demonizing the drugmakers, Waxman and ...
Climate Change

Peril Policy Segment 10: It’s A Moral Issue

OpenMarket.org, August 24, 2009 Today’s excerpt from CEI’s film, Policy Peril: Why Global Warming Policies Are More Dangerous Than Global Warming Itself, offers a free-market perspective on Al Gore’s proclamation, at the end of An Inconvenient Truth, that global warming is “a moral issue.” Considered in the abstract, apart from ...
Commentary

Why Does the Government Want to Take Over Health Care? Big Labor

The federal take-over of Americans’ access to medical services is proving a tough mission, as the town halls and other signs of popular resistance demonstrate. Medicare, the territory first occupied almost half a century ago, is proving a major obstacle. Seniors are rightly worried that efforts to cut costs from ...
Business & Economics

California is getting left in the dust

EVEN during an economic meltdown of the proportions being suffered now, base politicking doesn’t stop in California. When asked why Golden State finances have been doing so badly, officials are quick to point to the national recession, claiming it has slowed down local industry and decreased the amount of revenue ...
Commentary

The Top Ten Reasons We Must Oppose ObamaCare

Why it has to be stopped. 1. ObamaCare’s centerpiece, a Medicare-like “public option,” would cause millions of Americans to lose their employer-provided health insurance. Millions of employers would choose this new “option” for their employees. The Lewin Group, a prominent consulting firm, estimates that under a widespread, Medicare-like “public option,” ...
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 ...
Commentary

Prescription: Debt

Obamacare Would Lose $65 Billion a Year DEMOCRATIC members of Congress are now trying to decide whether they’re better off abandoning ObamaCare and inviting the administration’s wrath — or supporting it and inviting their constituents’ wrath. If the public learns the full extent of what the Congressional Budget Office has ...
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 ...
Commentary

Surprise! Waxman Is Wrong!

Precisely how has Big Phrma done that? Well, there are about 6 or 7 million people eligible for both Medicaid and Medicare — “dual eligibles” in Beltwayspeak — and they were shifted from Medicaid to Medicare Part D for their drug needs when Part D was implemented. (This made the ...
Commentary

The Medicare tsunami

In a recent news conference, President Obama said: “The biggest driving force behind our federal deficit is the skyrocketing cost of Medicare and Medicaid. So let me be clear: If we do not control these costs, we will not be able to control our deficits.” He is absolutely right. The ...
Commentary

Another Attack On Big Drugmakers

Health Care: Powerful California Rep. Henry Waxman wants to save Medicare billions by going after drug industry “windfalls.” As usual, his “savings” will very quickly turn into higher costs for you-know-who. So many industries, so little time — that might be the Democrats’ motto. By demonizing the drugmakers, Waxman and ...
Climate Change

Peril Policy Segment 10: It’s A Moral Issue

OpenMarket.org, August 24, 2009 Today’s excerpt from CEI’s film, Policy Peril: Why Global Warming Policies Are More Dangerous Than Global Warming Itself, offers a free-market perspective on Al Gore’s proclamation, at the end of An Inconvenient Truth, that global warming is “a moral issue.” Considered in the abstract, apart from ...
Commentary

Why Does the Government Want to Take Over Health Care? Big Labor

The federal take-over of Americans’ access to medical services is proving a tough mission, as the town halls and other signs of popular resistance demonstrate. Medicare, the territory first occupied almost half a century ago, is proving a major obstacle. Seniors are rightly worried that efforts to cut costs from ...
Business & Economics

California is getting left in the dust

EVEN during an economic meltdown of the proportions being suffered now, base politicking doesn’t stop in California. When asked why Golden State finances have been doing so badly, officials are quick to point to the national recession, claiming it has slowed down local industry and decreased the amount of revenue ...
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