Yesterday the 4th of July was celebrated nationwide with picnics, parades, and firework displays. Of great concern is that too many within America’s younger generation have no idea what is actually being celebrated on Independence Day. Somewhat redeeming is the result of a 2016 American Enterprise Institute (AEI) opinion study. Fifty-six percent of those polled said they were very proud to be American citizens, which actually put our country more than midway down in the “highest response” category. Even so, over half of American citizens love our country and are not reluctant to say so.
In today’s Health Care News Podcast, Brian Blase, senior research fellow at the Mercatus Center at George Mason University, joined Health Care News Managing Editor Michael Hamilton to discuss the disparity between promises many Americans were told the Affordable Care Act (ACA) would fulfill, and the stunning reality three years into the ACA’s implementation and six years after President Barack Obama signed the ACA into law.
There was on Monday a quintessential example of the horrendously bad thinking of those opposed to all things intellectual property. An op-ed totally disconnected from Reality – and chock full of thought-free, pathetic anti-property platitudes.
In today’s edition of The Heartland Daily Podcast, New Hampshire State Rep. Allen Cook joins Michael Hamilton, Managing Editor of Health Care News to talk about why medicaid expansion is a bad idea. Cook explains why he doesn’t support Medicaid expansion, stating that the price of this expansion is likely to far exceed the projected costs.
By now, most people probably know about one of Secretary Hillary Clinton’s biggest campaign gaffes to date: “we’re going to put a lot of coal miners and coal companies out of business.” As soon as I heard it, I tweeted: “Imagine a presidential candidate running for office based on putting people out of work?”
Researchers have found that some buyers are willing to pay for environmentally friendly products because those products are “status symbols.” A report in the Atlantic states: “Environmentally-friendly behaviors typically go unseen; there’s no public glory in shortened showers or diligent recycling. But when people can use their behavior to broadcast their own goodness, their incentives shift. The people who buy Priuses and solar panels still probably care about the environment—it’s just that researchers have found that a portion of their motivation might come from a place of self-promotion, much like community service does good and fits on a résumé.”
A Leftist governmental principle is the Butterfly Effect: “A property of chaotic systems…by which small changes in initial conditions can lead to large-scale and unpredictable variation in the future state of the system.”
In episode #21 of the In The Tank Podcast, Hosts Donny Kendal and John Nothdurft bring in Director of Communications Jim Lakely to talk about the GOP debate. This weekly podcast features (as always) interviews, debates, roundtable discussions, stories, and light-hearted segments on a variety of topics on the latest news. The show is available for download as part of the Heartland Daily Podcast every Friday.
Environmentalists like a good crisis. Spreading fear is a proven fundraising technique—with manmade climate change as the fear du jour. But, back in 2005, the “looming crisis,” according to the Kansas Sierra Club, was the end of cheap oil. The post concludes: “The end of cheap oil, followed by the end of cheap natural gas, threatens to cripple strong economies and devastate weak ones.” The author posits: “The world burns oil faster than new oil is discovered.”
A growing number of people have begun to appreciate the damage done to small business and innovators by so called “patent trolls.” Some of the arguments about those who take advantage of the patent system have been conjecture, some no more than name calling, but much has been well grounded with empirical studies. A recent literature review of all the studies has brought into a clear bright light the damage of the marauding trolls.
For decades, California’s housing costs have been racing ahead of incomes, as counties and local governments have imposed restrictive land-use regulations that drove up the price of land and dwellings. This has been documented by both Dartmouth economistWilliam A Fischel and the stateLegislative Analyst’s Office.
While President Obama promotes renewable energy and members of Congress argue about energy policy, a renewable energy disaster is unfolding in Europe. Driven by a desire to halt climate change, Europe has created a high-cost energy system where everyone loses. U.S. policy leaders should learn from the debacle occurring overseas.
In today’s edition of The Heartland Daily Podcast, Managing Editor of Environment & Climate News H. Sterling Burnett speaks with Michi Iljazi. Iljazi is the communications and policy manager for the Taxpayers Protection Alliance. The Taxpayers Alliance has a subsidiary called SolarSecrets.org which is dedicated, in their words, to “shining a light on the darker side of solar power.”
Important attention has been drawn to the shameful condition of middle income housing affordability in California. The state that had earlier earned its own “California Dream” label now limits the dream of homeownership principally to people either fortunate enough to have purchased their homes years ago and to the more affluent. Many middle income residents may have to face the choice of renting permanently or moving away.
The Obama administration just announced it will be shifting how it pays doctors under Medicare, seeking to reward “value” instead of “volume.” For a variety of reasons, this is likely to be yet another fiasco, with elderly patients and taxpayers falling victim to the dreams of central planners.
A few years ago, the satirical publication, The Onion ran an article under the headline “98 Percent of US Commuters Favor Public Transit for Others.” The spoof cited a mythical press release by the American Public Transit Association (APTA), in which Lance Holland of Anaheim, California said “Expanding mass transit isn’t just a good idea, it’s a necessity,” Holland said. “My drive to work is unbelievable. I spend more than two hours stuck in 12 lanes of traffic. It’s about time somebody did something to get some of these other cars off the road.”
Finally, there is credible housing affordability data from China. For years, analysts have produced “back of the envelope” anecdotal calculations that have been often as inconsistent as they have been wrong. The Economist has compiled an index of housing affordability in 40 cities, which uses an “average multiple” (average house price divided by average household income) (China Index of Housing Affordability). This is in contrast to the “median multiple,” which is the median house price divided by the median household income (used in the Demographia International Housing Affordability Survey and other affordability indexes). The Demographia Survey rates affordability in 9 geographies, including Hong Kong (a special administrative region of China). The average multiple for a metropolitan market is generally similar to the median multiple.
Recently two towns, Chattanooga, Tennessee, and the City of Wilson, North Carolina, have petitioned the federal government, via the FCC, complaining that state laws are constraining them from the municipal provision of broadband services, that is, from building a government owned network (GON). That is, these municipalities want to expend resources to build and operate broadband systems, without following any of regulations that govern private sector providers. To overcome the state’s rightful authority the city governments have proposed that the FCC preempt state law and empower municipalities in ways that upset the political structure of the U.S.
Is the Internet consumer in charge or the product sold to others? Is net neutrality about protecting consumers or Silicon Valley?
We’ll learn the answers to these critical questions in the coming months when the FCC votes on a redo of its “Open Internet” order implementing net neutrality.
We live at a time when politicians and bureaucrats only know one public policy: more and bigger government. Yet, there was a time when even those who served in government defended limited and smaller government. One of the greatest of these died one hundred years ago on August 27, 1914, the Austrian economist Eugen von Böhm-Bawerk.