by Dan Mitchell | Aug 4, 2014 | Big Government, Blogs, Europe, Health Care, Welfare and Entitlements
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...
by Dan Mitchell | Jul 17, 2014 | Blogs, Health Care
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...
by Dan Mitchell | Jul 16, 2014 | Bailouts, Blogs, Health Care
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...
by Dan Mitchell | Jul 9, 2014 | Big Government, Blogs, Health Care, Welfare and Entitlements
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...
by Dan Mitchell | Jun 26, 2014 | Blogs, Economics, Health Care, Taxation
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...