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...
by Dan Mitchell | May 18, 2014 | Big Government, Blogs, Economics, Welfare and Entitlements
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...