by Dan Mitchell | Feb 26, 2017 | Big Government, Blogs, Health Care, Welfare and Entitlements
The United States is going to become another Greece, and it’s largely because of poorly designed entitlement programs. As the old saying goes, demography is destiny. Let’s look at just one piece of that puzzle. James Capretta of the American Enterprise Institute has a...
by Dan Mitchell | Dec 22, 2016 | Big Government, Blogs, Government Spending, Health Care
With Christmas approaching, people are putting together their lists for Santa Claus. I’m not sure I’ll find any of these things under my tree, but here’s what I want. Get rid of the Department of Housing and Urban Development. Shut down the Department of Agriculture....
by Dan Mitchell | Jun 3, 2016 | Bailouts, Blogs, Health Care
At the risk of understatement, Obamacare is a mess. It’s been bad for taxpayers, bad for consumers, and bad for healthcare. It’s even been bad for some of the special interest groups that backed the legislation. The big insurance companies supported the law, for...
by Dan Mitchell | Feb 21, 2016 | Blogs, Health Care
I wrote last June about an unfortunate British guy who, after his leg was broken by thieves, was told by the government that his injury wasn’t serious enough for an ambulance. The poor chap eventually was driven home by some cops and then had to take an Uber to the...
by Dan Mitchell | Jan 13, 2016 | Blogs, Economics, Health Care
Even before it was enacted, it was obvious that Obamacare was going to have a negative economic impact. From a fiscal policy perspective, the law was bad news because all the new spending and higher taxes increased the fiscal burden of government. From a regulatory...