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Archive for March, 2014
A Better Way to Cut Medicare Spending

Over the next 10 years, the Affordable Care Act (Obamacare) is scheduled to cut Medicare spending by $716 billion, primarily by reducing payments to doctors and hospitals. Further, those cuts in spending will continue indefinitely into the future. By 2060, one-fifth of Medicare will be gone. The Medicare actuaries and others have warned that…
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Unlearning Liberty to the Detriment of Us All

“A nation that does not educate in liberty will not long preserve it and will not even know when it is lost.” —Alan Kors Since my days as an undergraduate, I’ve been a major supporter of the Foundation for Individual Rights in Education (FIRE) and its tireless efforts in defending the academic freedom of…
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A Snapshot of the Health Care Workforce

How is the health care workforce changing under Obamacare? This month’s jobs report from the Bureau of Labor Statistics gives us a snapshot of employment in health care versus the rest of the economy. The table below shows the details. Despite the widely touted notion that Obamacare is putting hospitals out of business, hospital…
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Challenge of Liberty Student Seminars—Application Deadline: March 31

The Challenge of Liberty Student Seminars are returning for another exciting season! Thanks to the generous support of donors, we will hold two seminars for college students — one at the University of Denver (June 16–20) and one at the University of California, Berkeley (July 7–11) — and one seminar for high-school students at…
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President Obama’s Investment Skills

After the Obama administration bailed out General Motors by purchasing a 60.8% ownership share in the company for $49.5 billion, President Obama said, “We expect taxpayers will get back all the money my administration has invested in GM.”  (I do like the way the president takes responsibility for the investment.)  Now, the president’s administration…
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Zeke Speaks Out on McCain and Health Reform

Normally, I don’t think Zeke Emanuel has much to say that is both true and interesting. But this insider’s view of the making of ObamaCare is fascinating. Apparently there were people inside the White House who wanted to adopt John McCain’s approach to health reform. We ended up with only a timid step in…
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NSA Chief Recommends Severely Curtailing Spying. Obama Won’t.

  A few weeks ago, Obama triumphantly announced NSA spying “reforms” that got lots of front page coverage, but amounted to: Absolutely No Change. Further, his speech carried his full endorsement of the sweeping collection and storage in bulk of private phone calls, emails, email address books, online transaction information, location data, and more,…
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Take the Money and Run? GAO Reports Significant Dropping Out of Government Electronic Health Records Program

A previous blog entry noted that Veterans Affairs and the Department of Defense have utterly failed to execute a plan to develop an interoperable Electronic Health Record (EHR), despite five million beneficiaries receiving health benefits from both bureaucracies. Despite its inability to manage this for two closely related federal departments, the federal government decided…
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Intergenerational Transfers and Political Support for the Welfare State

Supporters of the welfare state might see it as a mechanism for transferring income from rich to poor with the idea of helping those at the bottom end of the income distribution, but in the United States, the welfare state is increasingly transferring income from the young to the old, regardless of the wealth…
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Wars on Everything

This year marks half a century since Lyndon Johnson declared a war on poverty. The rhetoric of war harkened back to Franklin Roosevelt’s declaration of war against the Great Depression, in which he demanded all the executive power the president would have against a foreign foe. Johnson’s Great Society inaugurated many billions of dollars…
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