Fellow Berean Mark Smith highlighted the President’s oft-repeated claim that if you like your health care you can keep it, characterizing it as misleading. Of course, many are using the stronger form of “lie” to describe this. I remember at the US Air Force Academy, the definition of a lie in our honor code was […]
Archives
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Quote for the Day! Arthur Brooks at his best
01 Nov 2013
From a CNBC video a couple of years ago, Crony capitalism….is the codependent wife of statism. Brooks is spot on; the source of cronyism is a large state that has the power to favor one group over another. And this favor only comes by harming others. This seems to me to be the definition of […]
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Much of our current political polarization is explainable by the conflicting visions underlying each side; visions that Thomas Sowell suggests reflect a basic understanding of the way the world works. In many cases, people with similar values will nevertheless disagree with each other because they view the world differently. Yet there are also questions of […]
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Obamacare sticker shock: “I was all for Obamacare until I found out I was paying for it”
28 Oct 2013
There are so many dimensions of possible problems with Obamacare; the technical problems with the website are masking other much more problematic concerns. Higher costs, fewer choices, and coercive mandates are only now being considered by consumers as the actual implementation of the law is upon us. As I listen to the debates of the […]
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A Failure in Leadership: Launch of Obamacare
23 Oct 2013
One of the most damaging accusations against Mr. Obama in the rollout of the Affordable Care Act came from his chief Lieutenant for healthcare, Kathleen Sebelius, as she tried to defend him: CNN’s Dr. Sanjay Gupta asked when the President first learned about the considerable issues with the Obamacare website. Sebelius responded that it was […]
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In our last update on Obamacare, we questioned whether Day One mistakes were just the technological tip of the iceberg. The verdict is now in; Day One was just the tip of the iceberg, and now the question is only how big is the iceberg? The simplest part of Obamacare–the website that provides the initial […]
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You say “Really? Are you just an anti-Fed nut case?” Well, I’m certainly anti-Fed, and my wife won’t confirm or deny #2. But let me make my case. As economist Russ Roberts likes to say, economists often tell “stories” that we think reflect reality. These stories are backed by a particular theory and often have […]
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Day One of Obamacare…what to make?
02 Oct 2013
Yesterday the health care exchanges were opened for the Affordable Care Act (ACA), with various reviews, but acknowledged “glitches” that left many unable to sign up. MSNBC anchor tried and failed after 30+ minutes, including time on the phone that never got her into the system: Republicans naturally trumpeted this as another indicator that this […]
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Quote for the Day! Another Mises’ gem
01 Oct 2013
We will occasionally (but not daily) have a quote for the day. So as an inaugural quote, I offer up this gem from 2nd edition of Ludwig Von Mises’ classic work, Socialism on page 9: “It is true that Socialism is today an article of faith for many, perhaps for most of its adherents. But […]
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Newtonian Echos–the Cruz Phenomenon
30 Sep 2013
Much is being made of Ted Cruz’s quixotic pursuit of killing Obamacare. Even those that generally are supportive of economic liberty and hostile to Obamacare did not support the Cruz effort, such as the editorial page of the WSJ. The conventional wisdom by these elites is that Obamacare can’t be stopped this way, but there […]