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Continue reading →Category Archives: Finance and economics
The cost of Obamacare: insurance premiums versus health care itself
I’ve got a new piece up at PJ. Recently there have been a host of articles purporting to compare the cost of health insurance premiums under Obamacare with the cost of premiums today, or with the costs originally projected under … Continue reading →
Obamacare: bait…
…and switch. And the public never even took the bait in the first place. More here. The gist of the message is that from the outset the calculations to sell Obamacare to the American public were slipshod and/or naive and/or … Continue reading →
Larry Summers is out for head of the Fed
Summers was forced to withdraw by a bunch of Democrats who didn’t like Obama’s pick. As far as I can see, there were three reasons for this: (1) Summers had been insufficiently in favor of financial regulation during the 90s. … Continue reading →
What to do about Detroit: illogical non-consequences
If you’re familiar with Thomas Sowell’s concept of competing visions (see this or this) you’ll have a framework for this conversation between Steven Rattner, former counsel to Obama’s Treasury Department, and George Will, on the topic of what should be … Continue reading →
Can someone please explain this to me?
Israel releases terrorists in anticipation of talks with Palestinians. At this point I can’t say I really understand any part of it. These periodic releases—and periodic talks—keep happening, and there’s no reason to expect that anything good will come of … Continue reading →
Obama and the phony scandals
Pat Smith has something to say to President Obama: The mother of a Benghazi victim is furious about the new White House strategy of calling the terrorist attack and many other scandals plaguing the Obama administration “fake” or “phony.” Patricia … Continue reading →
Like a laser
A laser, I tell you.
Continue reading →Detroit: all the way down the Telegraph Road
Detroit’s declaration of bankruptcy has been discussed in countless articles, both the how and the why of it. One thing nearly everyone agrees on is that it’s been a long time coming. Just how long? Well, if you’d like a … Continue reading →
Detroit is bankrupt
Literally. The article says it’s the largest city in the US to ever file for bankruptcy, but New York came mighty close in 1975. I know, because I owned a very small NYC bond at the time, and I remember … Continue reading →
Obamacare: well now, it seems that…
…it’s the honor system for Obamacare income subsidies. Oh, that’ll work just fine. Unbelievable. And yet at this point, ever so believable: The White House seems to regard laws as mere suggestions, including the laws it helped to write. On … Continue reading →
What hath Obamacare wrought?
Part-time yes, full-time no. People are not dumb. They get around a law if they can. And Obamacare is a terrible, terrible law, passed in a terrible manner.
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