What’s the worst economic development during Obama’s reign? Some would say it’s the higher tax burden. Some would say it’s the wasteful faux stimulus. Others would say it’s the fiscal nightmare of Obamacare. And others would say it’s the loss of millions of workers from the labor force. I suppose there’s no objective way to pick the most ill-conceived policy, […]
read more...As you can imagine, there’s a lot to choose from in the contest for the most spectacular waste of tax dollars. But the politicians in Oregon must really want the prize, because they managed to flush several hundred million dollars down a rat hole by putting together a state-run Obamacare website that has to be abandoned […]
read more...Sigh. Another day, another grim Obamacare update. Actually, we have two updates on the never-ending disaster of government-run healthcare. Our first story comes from the Washington Times, which reports that the company hired to fix the failed Obamacare website is way behind schedule and way over budget. Fixing the Obamacare website to get it ready to handle a second round of […]
read more...If Obamacare is a success, as the White House and establishment media would like us to believe, then why is the Obama Administration so anxious to hide the numbers? After all, surely we haven’t set the bar so low that the Administration can claim victory simply because it has coerced and/or bribed a few million people into an […]
read more...The statists are claiming Obamacare is now a success. Needless to say, I think this is a laughable assertion. Indeed, I shared a very clever graphic from Ted Cruz to help explain why it’s hardly a big achievement to destabilize the insurance market and then coerce and/or bribe some people into using Obamacare. More recently, I debunked the […]
read more...The new leftist website, Vox, has an article by Sarah Kliff on Vermont’s experiment with a single-payer healthcare system. But I don’t really have much to say about what’s happening in the Green Mountain State, other than to declare that I much prefer healthcare experiments to occur at the state level. Indeed, we should reform Medicaid andMedicare and also fix the […]
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...I wish there was a magic wand that somebody could wave and all of us would have more money. Or maybe Santa Claus could play that role, or some version of the Tooth Fairy. And if that magic person only had limited powers, I would want more money specifically for those with modest incomes. Unfortunately, we […]
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 […]
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