The good guys won in Wisconsin, and victory is sweet. But the war against fiscal insanity has just begun. The Obamazombies inside the Beltway and their accomplices in the states will bankrupt the country if they aren’t stopped—now. This video from Freedomworks underscores the stark realities:
Next battle? The courts, where lefty judges are attempting to disfranchise the voters and their […]
John Goodman does a typically thorough job of laying out the economic realities of ”reform.” The ten problems he discusses are as follows:Â
An impossible mandate.
A bizarre system of subsidies.
Perverse incentives for insurers.
Perverse incentives for insurers.
Impossible expectations.
Impossible Medicare cuts for seniors.
Impossible burdens on the states.
Lack of portability.
Over-regulated patients.
Over-regulated doctors.
After watching the video go to Goodman’s NCPA site and […]
Many people seem to believe that we can pay for ObamaCare, overpaid public sector employees and all manner of other government boondoggles by simply raising taxes on the rich. Such people need to learn arithmetic. Mary Katharine Ham does the math:
The combined net worth of every single one of America’s billionaires is roughly $1.3 trillion. It does indeed sound […]
ObamaCare has been pronounced dead before and yet continued to linger on in a vegetative state. However, as Dr. Milton Wolf points out in the Washington Times, its vital signs are fading:
Obamacare is living on borrowed time … the laws of economics and the laws of the land are racing to see which will take it […]
Since ObamaCare passed, congressional Democrats and the White House have claimed that $500 billion in Medicare cuts will help balance the Medicare budget AND help pay for “reform.” This is, of course, not possible.
It can be used for one or the other, but it can’t be used for both. During a hearing of the House Energy and Commerce […]
The CLASS Act (i.e. the Community Living Assistance Services and Supports Act), according to its supporters, is a provision of ObamaCare that “sets up an insurance system for long-term care for the disabled and elderly.” Among people who can count, however, it is known as “a fraud.”
In fact, even Democrat Senator Kent Conrad called it “a Ponzi scheme.â€? In this video, […]
I may be mistaken, but I get the feeling that the Chairman of the House Budget Committee, Pual Ryan, is not all that nuts about the President’s proposed budget:
Debt on arrival. D-E-B-T on arrival … Look, he raises spending everywhere. He raises taxes everywhere, increases borrowing. The trajectory of this budget is in the wrong direction. […]
The President has repeatedly told us that ObamaCare would control costs and that we can keep our insurance plans if we like them. Well, Medicare’s Chief Actuary begs to differ.
Richard Foster appeared at a House Budget Committee hearing earlier today and here are his answers to a couple of questions from California congressman Tom McClintock:
McCLINTOCK: True or false: The […]
Ryan slamdunks the Dems on the smoke and mirrors they used to make ObamaCare seem fiscally responsible. In reality, the “reform” law is a budget-busting, job-killing crime against democracy. And Ryan is one of the few Republicans who can do the math and actually talk about it coherently:Â
[ht Hot Air]
Quite a lot, Â as it happens. John Goodman provides a good summary at his health policy blog:Â
(1) We [i.e. state and federal governments] have systematically suppressed normal market forces.
(2) The entity that pays the bill is usually separate from the beneficiaries of the spending.
(3) Providers of the services see the payers, not the […]