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 | Apr 25, 2016 | Big Government, Blogs, Economics, Health Care
The ongoing cluster-you-know-what of Obamacare is a source of unhappy satisfaction. Part of me is glad the law is such a failure, but it’s tragic that millions of people aresuffering adverse consequences. These are folks who did nothing wrong, but now are paying more,...
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...
by Dan Mitchell | Jan 1, 2016 | Big Government, Blogs, Government Spending, Health Care, Taxation, VAT
What were the most noteworthy events from 2015? Regarding bad news, there’s unfortunately a lot of competition. But if I’m forced to pick the very worst developments, here’s my list. Resuscitation of the Export-Import Bank – I did a premature victory dance last year...
by Dan Mitchell | Dec 10, 2015 | Blogs, Economics, Health Care
Time for a mea culpa. In the past, I’ve criticized Obamacare for a variety of reasons. I’ve argued that it’s a fiscal boondoggle. I’ve pointed out that it’s grossly inconsistent with the Constitution. I’ve complained that it’s undermined the rule of law. And it...
