Filed under: Capitalism, Conservatism, Economy, Election 2014, Freedom, Health Care | Tags: Competition Improves Everything, Researching Health Care, Understanding Your Rights
If you are becoming alarmed by ObamaCare—and who isn’t—where do you go for more information? The Left claims that Republicans just criticize, and don’t have any ideas, but nothing could be further from the truth.
Let’s start with “The Empowering Patients First Act” a bill introduced by Representative Tom Price, MD (R-GA). Dr. Price worked as an orthopedic surgeon for twenty years in private practice. Then he had a career teaching medicine at Emory University Medical School, served in the Georgia Legislature, and was elected to Congress in 2004. You can read or download the bill at his website.
- Priceless: Curing the Healthcare Crisis*, by John C, Goodman. (ncpa)
- How Medicaid Fails the Poor, by Avik Roy (Manhattan Institute)
- The Cure: How Capitalism Can Save American Care, by Dr. David Gratzer (Manhattan Institute)
- The Cure for ObamaCare, by Sally Pipes (Pacific Research Institute)
- Replacing Obamacare, by Michael Tanner ( Cato)
The Think Tanks:
- The Heritage Foundation: www.heritage.org
- American Enterprise Institute: www.aei.org
- The Cato Institute: www.cato.org
- National Center for Policy Analysis: www.ncpa.org
- Pacific Research Institute: www.pacificresearch.org
- The Manhattan Institute: www.manhattaninstitute.org
- The Hoover Institution: www.hoover.org
- Kaiser Health News: www.kaiserhealth news.org
Did you know that there are something like 600 think tanks in this country? I thought 8 were plenty to list, and all are doing important studies on health care and how to reform it, in a patient-centered, free-market way. Many have email lists where you can sign up for regular information. And check your local public library.
ObamaCare may seem to be imploding, but Democrats will not give up on their prospective single-payer health care plan, and if you want to understand where that is going, go to any British newspaper online and enter NHS in the search function.
The federal government does few things well, and health care is not one of them. The American people want no part of it, and the more they learn the more they want out. Democrats have sold their effort with a pack of lies and misrepresentation. If we hope to defeat them, we must be well-informed.
Filed under: Capitalism, Conservatism, Economy, Politics, Taxes, The United States | Tags: A Hot Research Topic, The Dallas Fed, The Uncertainty Debate
I’ve written often about the effects of policy uncertainty on business, based on comments from businessmen. Now it has become a significant issue among economists who are doing serious academic research on the topic. Business in the private sector is risky. When do you take a chance on starting a business? When do you add a new product? How much do you have to worry about your competition? Can you add a new building, expand the office, hire more employees? Imagine how many businessmen are needing more help but reluctant to hire in the current uncertainty about health insurance.
The Dallas Fed held a Conference back around the first of October on the Causes and Macroeconomic Consequences of Uncertainty. Richard Fisher, President and CEO of the Federal Reserve Bank of Dallas summed it up nicely: “Uncertainty matters a lot.” Business, he said, “is the process of managing under conditions of uncertainty, and business executives organize their teams and resources to minimize uncertainty of factors under their control; and they develop contingencies and operating tactics and strategies for factors over which they have no direct control.”
If there is one thing that you can confidently assert, it is that the Obama administration has been an outstanding generator of a vast fog of uncertainty, even as they claim to want to create jobs. Economists have been hearing from their business contacts, but “until quite recently the economists who study business cycles and monetary policy paid scant attention to the effects of uncertainty on aggregate job and output growth.” Their standard models assumed that people and businesses could insure away individual risk.
Gut feeling may work for ordinary people, but economists dealing in macroeconomics give direction to governments and help set policy and the distribution of shocks is currently far from normal. In his post John Taylor has listed the academic papers presented — with links, if you’re interested. It is a good thing that the profession has taken interest in the effects of uncertainty, and is trying to understand and quantify the reality.
Filed under: Conservatism, Domestic Policy, Freedom, Law, Liberalism, Politics, The Constitution | Tags: A Constitutional Amendment, Congress Should Not Be Immune, Everybody No Exceptions
Rand Paul is pushing for a new Constitutional amendment stating:
Congress shall make no law applicable
to a citizen of the United States
that is not equally applicable to Congress.
The amendment also contains two provisions that apply that same principle to the Executive Branch and the Judicial Branch of the federal government, according to a press release put out by the office of the Kentucky senator on Monday.
I suspect the voters would go for this — big time. Getting it through Congress might be something else entirely. Congressmen Salmon and DeSantis proposed a similar idea in the House of Representatives last August. One would assume that the Founders would be horrified to discover the extent to which our elected officials have exempted themselves from provisions they are happy to stick us with. Might make them think twice about some of the laws they devise.
Filed under: Capitalism, Conservatism, Economy, Freedom, Politics, Progressivism, Taxes | Tags: Stepehen Moore, Glenn Hubbard, Budget talks
Glenn Hubbard of Columbia University has some sage words to bear in mind as budget talks approach. From his preface to Stephen Moore’s, Who’s the Fairest of Them All:
Not since the 1930′s has the issue of class warfare been more front and center in policy debate in Washington. President Obama is seeking higher tax rates on capital gains, dividends, estates, small business owners and “the rich.” He is not promising these ideas to enhance economic growth—but to advance the concept of fairness. If economic growth isn’t the goal, we shouldn’t be surprised if this agenda doesn’t guarantee it. But it is worse than that—unless it is reversed, this agenda will set in motion the largest tax hike in decades beginning January 1, 2013, and I know of no economic theory that would predict this policy will make America more prosperous.
Filed under: Australia, Capitalism, Conservatism, Economy, Environment, Freedom, Politics, Taxes | Tags: Congratulations Australia, Tommy Emmanuel, Waltzing Matilda
Australia’s master guitarist, Tommy Emmanuel .
Filed under: Australia, Capitalism, Conservatism, Economy, Energy, Environment, Freedom, Taxes | Tags: A Conservative Government, A New Prime Minister, Australia's Tony Abbott
Australia has new management. Prime Minister Elect Tony Abbott has led the Conservative Coalition to a resounding victory. The Australian House of Representatives has 150 seats. Kevin Rudd’s Labor party got only 54 seats, 76 are needed for a majority. The Coalition won 87 seats, the Greens 1, and other 2, with the remainder still in play. A pretty resounding rejection of the Labor party and the hated carbon tax.
Mr. Abbott is a former boxer, a Rhodes scholar, and Catholic seminarian. He has promised to rein in government spending, scrap the hated tax on carbon emissions, and stop the flow of refugee boats arriving in Australia’s northwest. He also promised to keep his promises.
Labor dumped Prime Minister Kevin Rudd in 2010, for Australia’s first female prime minister Julia Gillard, only to reinstate Rudd as leader in June of 2013 in a desperate bid to stay in power. Labor’s overall vote was the worst since 2004 when conservative prime minister won his fourth and final term. Abbott could end up with a majority of around 30 seats, ending the party’s first minority government since World War II.
Mr. Rudd had attempted to portray Abbott’s planned spending cuts as “dangerous European-style austerity” and said that Labor was best placed to manage an economy that while slowing, is still the envy of much of the developed world. Sounds familiar.
Congratulations to Mr. Abbott and to our friends Down Under
Filed under: Capitalism, Conservatism, Economy, Freedom, Politics, Taxes | Tags: High Taxes High Regulation, Public Policy Matters, Tipping Points
Capital will go where it is wanted and stay where it is well treated.
It will flee from manipulation or onerous regulation of its value
or use and no government power can restrain it for long.
Walter Wriston: The Twilight of Sovereignty
Americans move with their feet, and they also move and vote with their dollars, their work and their businesses. Between 2000 and 2010, New York has lost $45.6 billion in income to other states as workers have moved out. No other state has lost as much. It came in dead last, 50th out of 50 states.
Next in line at 49th, is California which lost $20.4 billion over the same period. 48th is Illinois, with a $20.4 billion loss, then New Jersey $15.5 billion, and completing the top five is Ohio at $14.7 billion. What do these five states have in common? High taxes and excessive regulation. This should not be a surprise to anyone.
Where did the money go? Mostly to Florida. $67.3 billion has been added to the Florida economy. Second is Arizona at $17.7 billion, then Texas is third as $17.6 billion, then North Carolina $16.2 billion and Nevada at $11.2 billion.
Public policy matters. People will go where they are well treated, and they’ll take their money with them. Those who think that if you need more money you can just raise taxes — need to recognize that there are always consequences.
Filed under: Capitalism, Conservatism, Domestic Policy, Economy, Education, Freedom, Heartwarming, Politics | Tags: "Free At Last", Elbert Guillory, Political Action Committee
I don’t know what I could add. He said it all very eloquently.
Filed under: Capitalism, Conservatism, Domestic Policy, Economy, Freedom, History, Liberalism, Politics, The Constitution | Tags: American Political History, Professor Charles Kesler, The Liberal Project
In a sweeping review of American political history, Kesler outlines the grand liberal project begun a century ago. It is a project, he asserts, that has expressed itself in three distinct waves: political liberalism, economic liberalism, and cultural liberalism. Kesler further maintains that Barack Obama seeks nothing less than to complete and perfect this project. Finally, he confronts the issues of how conservatism lost its way in the face of the liberal project and how it might regain its imitative.
Filed under: Capitalism, Conservatism, Domestic Policy, Economy, Education, Freedom, Heartwarming, Politics, The Constitution, The United States | Tags: Becoming a Republican, Excellent Reasons, Not an Idle Whim
Oddly enough, people who become Republicans can usually tell you why. They have thought long and deeply about what political parties stand for, and they usually choose to stand on principle. Welcome, Mr. Guillory. Glad to have you here.