“Health insurance has suddenly become affordable in New York,” said Elisabeth Benjamin, vice president for health initiatives with the Community Service Society of New York. “It’s not bargain-basement prices, but we’re going from Bergdorf’s to Filene’s here.” “The extraordinary decline in New York’s insurance rates for individual consumers demonstrates the profound promise of the Affordable […]
Among the more fascinating discussions we have had over the past 5 years have been with people who believe this following statement with all their heart, souls and minds: ‘More government spending on infrastructure, civil servants and public welfare programs is the way to solve our economic troubles ranging from unemployment, stagnant or non-existent economic […]
Everyone was all a-twitter last weekend when a lower level deputy Treasury secretary, not President Obama, announced in his blog, (not the President’s) that the onerous employer-mandate section of Obamacare (just that part, nothing else) was going to be suspended for a year. Until after next year’s mid-term elections. (see Wall Street Journal’s scathing on-line piece ‘Employer Mandate: […]
Inflation. Pure and simple. Inflating the national currency is the tried-and-true way that governments have used for centuries and millennium to get their way out of budget problems caused by excessive debt. But it is a dangerous bet and one that would not be necessary had we been responsible adults about our budgets and not […]
Google him and see who he is. He’s more important than you think. He was the precursor to the Ronald Reagan Revolution that enveloped the nation in 1980 by spearheading the passage of Proposition 13 in the somewhat unwieldy California direct plebescite system. Many people don’t realize that without Howard Jarvis, Ronald Reagan might not […]
The Governor of North Carolina, Pat McCrory, announced another ‘mistake’ in the Medicaid projections made by the Administration of former Governor Bev Perdue last fall before the elections. Wonder if these underestimations were deliberate in the hopes of helping the Democrat candidate in the gubernatorial race? Nah, that never happens. Right? ‘Nothing to see here, ladies and […]
This could perhaps be the most preposterous presentation of ‘income inequality’ in American ever concocted. If you can’t watch the whole thing, just watch the last minute before reading the rest of this screed. It sets the stage for what you are about to read. Granted, when the charts are put together like this, the […]
When wading through the healthcare morass, keep in mind: * 1% of the US population, about 3.1 million people, use 35% of all healthcare expenditures each year. The specific people in this number change each year due to death or recovery. * 5% of the US population, about 15.5 million people, use 60% of all […]
Sometimes, it is just smarter (and easier) to let people who are smarter than you explain complicated things. Such is the case with Chuck Blahous, a long-time friend from Washington DC who is now a trustee on the Social Security and Medicare Trust Fund. I was about to plow through the CBO update on long-term economic and […]
Now that we have settled the ‘rich paying their fair share’ issue, it is time to turn attention to the real problem in the federal budget: spending. You don’t think the tax debate is over? President Obama has gotten the last tax hike he will ever see, or any other Democrat, for the rest of […]
