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The Perverse Economics of Obamacare: Earn Less, Get More

by Dan Mitchell | Oct 18, 2013 | Big Government, Blogs, Economics, Health Care, Welfare and Entitlements

Obamacare was put together by people who don’t understand economics. This is probably the understatement of the year since I could be referring to many features of the bad law. The higher tax burden on saving and investment, making an anti-growth tax system even...

Five Important Takeaways from the Government Shutdown-Debt Limit Fight

by Dan Mitchell | Oct 17, 2013 | Big Government, Blogs, Government Spending

The wailing and hysteria in Washington is over. The politicians now have the authority to borrow more money and the bureaucrats are all back at work (rested and refreshed after their paid vacation, so they’ll probably tax, spend, and regulate with extra fervor). So...

The “Third World Experience” of Obamacare

by Dan Mitchell | Oct 13, 2013 | Big Government, Blogs, Health Care

Back in 2009, before Obamacare, the United States had a healthcare system that was plagued by excessive government intervention, which led to a third-party-payer crisis and massive inefficiencies. Perversely, the President thought the way to solve these problems was...
Warning: Government-Run Healthcare Is Very Hazardous to Your Health

Warning: Government-Run Healthcare Is Very Hazardous to Your Health

by Dan Mitchell | Sep 25, 2013 | Blogs, Health Care

Back in 2010, I guest-hosted Larry Kudlow’s CNBC program for a couple of days. During one of the segments on my last show, I crossed swords with the other host, Simon Hobbs, as we argued whether patients needlessly died because of the government-run healthcare system...
Medicare: Recipients Pay for Hamburger, They Get a Hamburger, but Taxpayers Are Being Charged for a Steak

Medicare: Recipients Pay for Hamburger, They Get a Hamburger, but Taxpayers Are Being Charged for a Steak

by Dan Mitchell | Sep 22, 2013 | Big Government, Blogs, Health Care, Welfare and Entitlements

One of the challenges of good entitlement reform (or even bad entitlement reform) is that recipients think they’ve “earned” benefits. If you tell them that programs such as Medicare are unsustainable and need to be changed, some of them suspect you’re trying to...
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