Category Archives: Economics BS

MSM WHITEWASHES CBO REPORT

In today’s American Spectator, I discuss the farcical attempt by the “news” media to put a positive spin on the CBO’s damning assessment of Obamacare’s effect on the economy and employment: The CBO report has created a serious dilemma for a press corps dedicated to protecting the Democrat Party from the electoral consequences of its [...]

DEATH TO DAYLIGHT SAVING TIME

In this morning’s American Spectator, I advocate deep-sixing one of the dumbest ideas ever. This morning you were required to get out of bed an hour earlier than you rose last Monday. If you are like most people, you did so in the same spirit of resignation with which you endure winter rain, believing that [...]

PRIVATIZATION SHELLACS OBAMACARE MODEL

In today’s American Spectator, I describe how a private hospital management company is helping to save the UK from its crumbling system of socialized medicine: An excruciating irony of Obamacare is that its architects modeled many of its features after the UK’s National Health Service … The most obvious example is Obamacare’s rationing committee, the [...]

THE BATTLE OF THE OBAMACARE NARRATIVE

‎Paul Hsieh points out in Forbes that ObamaCare is already doing economic harm and reminds us not to let the Beltway propaganda merchants blame it on the market: As the problems of ObamaCare inevitably emerge, the big question will be whether they will be blamed on the residual free-market elements of our health system or [...]

OBAMACARE LAYOFFS BEGIN IN EARNEST

One of the most destructive features of ObamaCare is the new tax it levies on medical device manufacturers. It will inevitably kill hundreds of thousands of jobs and, now that the voters have been dumb enough to re-elect Obama, the layoffs are beginning: Welch Allyn, a company that manufactures medical diagnostic equipment in central New [...]

FUNNY VIDEO: KLAVAN ON OBAMANOMICS

President Obama will tonight attempt to explain why he deserves to be reelected, despite the deplorable results of his economic policies. City Journal’s Andrew Klavan cuts through all this BS with his mordant explanation of Obamanomics and the truth about free market capitalism:

VIDEO: PAUL HSIEH MAKES THE CASE AGAINST MEDICAL LICENSING

Dr. Paul Hsieh gives a great lecture on the myths associated with medical licensure. One of those myths is that a medical license indicates competence. He also reminds us that Nobel Laureate Milton Friedman was very much against medical licensure and that the ill effects of that requirement will be exacerbated by ObamaCare: BTW, when [...]

VIDEO: IT WORKED?

This guy is starting to make me nervous. If he thinks his policies have worked, on the economy, health reform or anything else, he is not in touch with reality. And I think he DOES believe it. Do we want someone that delusional to have the power to launch a nuclear attack, the power to [...]

ROMNEY ON OBAMA’S UPSIDE DOWN ECONOMY

Mitt Romney came out swinging today, and he hit Obama’s glass jaw.  In this first clip he comments on the President’s recent remarks about business owners and who really created their success: This clip shows the idiotic Obama remarks Romney is talking about: In this next clip, Romney explains how jobs really get created and by whom: This [...]

NO, PROFESSOR GRUBER, OBAMACARE WILL NOT BOOST THE ECONOMY

My latest column for the American Spectator exposes the economic delusions of Obamacare’s chief architect. The piffle this guy peddles about his progeny has to be read to be believed: George Orwell is often credited with writing, ‘Some ideas are so stupid that only intellectuals believe them.’ … A textbook case of this phenomenon can [...]