When government suppresses the free market and takes over the healthcare sector, you get some really odd results. Consider these stories from Sweden: A man sewing up his own leg after getting frustrated with a long wait. The government denying a wheelchair to a double amputee because the bureaucrats decided his impairment might not be permanent. Speaking of amputations, […]
read more...Last September, I shared a disconcerting video showing an unfortunate young woman getting her OB/GYN exam from a very creepy version of Uncle Sam. Well, you’ll be pleased to know that “Creepy Uncle Sam” does not discriminate. In this video, a young man faces the unpleasant experience of getting his prostate checked. Kudos to Generation Opportunity for […]
read more...I thought TARP was the sleaziest-ever example of cronyism and corruption in Washington. The Wall Street bailout rewarded politically well-connected companies, encouraged moral hazard, and ripped off taxpayers. Heck, it was so bad that it makes the sleaze at the Export-Import Bank seem almost angelic by comparison. But I may have to reassess my views. One of the provisions of Obamacare allows […]
read more...I wrote a few weeks ago about the hidden economic damage of Obamacare, particularly the harm to the job market. Today, let’s get further depressed by looking at the ever-worsening fiscal damage of the law. Here’s some of what Chuck Blahous of Mercatus wrote about this costly new entitlement. The ACA was enacted in 2010 with the promise of […]
read more...Obamacare resulted in big increases in the fiscal burden of government(ironically, it would be even worse if Obama hadn’t unilaterally suspended parts of the law). The legislation increased government spending, mostly for expanded Medicaidand big subsidies for private insurance. There were also several tax hikes, with targeted levies on medical device makers and tanning beds, as well as some soak-the-rich […]
read more...Since I’ve already created a Moocher Hall of Fame to acknowledge the strangest and most reprehensible examples of government dependency, it’s occurred to me that there also should be a Bureaucrat Hall of Fame to highlight the government employees that have figured out how to most successfully rip off taxpayers (and here are some good candidates for charter membership). […]
read more...I’ve observed, reported, mocked, written, and explained that Obamacare is a cluster-you-know-what. So I’m rather bemused and frustrated by the latest pro-Obamacare spin that the law is a “success” because there are now 7 million people who have picked a plan. There are lots of reasons for normal people to have a what-the-expletive-deleted response to this declaration of victory. For instance: […]
read more...I spoke yesterday to the Memphis Economics Club about America’s looming fiscal crisis, and I did my usual song-and-dance routine about potential Greek-style chaos in the absence of genuine entitlement reform. But I confess I was stumped when, after the speech, someone from the audience asked me what was going on with Obamacare. I can pontificate at […]
read more...Obamacare may not be good news for taxpayers or consumers, but let’s look at the bright side. At least the law has generated some superb political humor, including funny videos. *The head of the National Socialist Workers Party finds out he can’t keep his health plan. *A creepy version of Uncle Sam wants to know about your sex life. *Young people discover that they’re […]
read more...The President’s main “accomplishment” has been such a disaster that I wonder whether it’s time to feel sorry for Obama. Today, we’re going to look at the opinions of two experts, both of whom expect further bad news for Obamacare. Here’s some of what Michael Tanner, my Cato colleague, wrote for the New York Post. …“the State of ObamaCare” […]
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