The U.S. was the world’s number one economy prior to World War II, but it took off bigtime after the war and there has not been a day of my long life in which we were not number one—until now.
Everyone knows government sucks, but it will at least suck a little less with these cuts to the vacuum-based erection program. It’s just too bad they’re blowing all the savings on a new spending splurge.
“Government is the great fiction through which everyone endeavors to live at the expense of everyone else,” wrote the celebrated French legislator, economist, and political theorist Frederic Bastiat 165 years ago. With recent reports out of the Census Bureau indicating nearly half of all Americans are receiving some form of direct government subsidy – Social Security, Medicare, Medicaid, food stamps, unemployment benefits, housing assistance, veterans’ benefits, etc. – can there be any doubt he was right?
For several years, the Obama administration has been touting accountable care organizations (ACOs) as a big part of its proposed solution to rising health care costs, particularly in Medicare. Early results suggest yet another disconnect between the promise and the reality.
We’ve seen it in too many sectors of the economy to possibly mention – both domestically and internationally. The greater the government involvement in an economic sector – the greater the ensuing economic damage. To that sector – and the broader economy.
My Father was born in 1901 and was too young for World War One and too old to serve in World War Two. A gentle, quiet man, he would have been a terrible soldier. My older brother, however, was inducted in the U.S. Army and served during the Korean conflict. In the 1960s I served during a period of peace despite Cold War tensions.
This is a discussion between Jim Lakely, communications director of The Heartland Institute, and Yaron Brook, president of the Ayn Rand Institute. They discuss inspiring youths to take up the cause of liberty and the supposed injustice of income inequality.
As a longtime book reviewer, I have read a growing stack of books warning about a financial collapse, but Holland’s book is not only based in the actual debt, but is written in a manner that even a person who has no knowledge of this issue can understand.
Obamacare is the ultimate expression of the progressive and/or liberal approach to government and it is, just as was the case of Prohibition, the increasing resistance of the American public and will be, at some point, repealed.
The media is giving mixed reports of Cardinal Dolan’s interview on Meet the Press with David Gregory. According to Fox News, the Catholics oppose Obamacare and, according to NBC News, the Catholics embrace it.
Here is the reform plan to repeal AND REPLACE Obamacare that the Republicans should have long ago drafted, introduced and passed through the House of Representatives. Expand the tax preference now provided to employer provided health insurance to everyone through a universal, refundable tax credit for the purchase of health insurance equal roughly to $2,500 per person, $8,000 per family.