Tag: Government subsidies

What Republicans and Democrats Don’t Understand About the Insurance Company “Bailout” »

Last week I testified before the House Oversight committee on the “risk corridors” in the (ObamaCare) exchanges. Republicans claim that this is a device to bail out the insurance companies. Democrats, in the unusual position of defending the insurance companies, actually claimed that the government was going to make a “profit” because of it....
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America’s Spymasters and Cultural Propaganda »

The U.S. intelligence community has come under fire for its mass electronic surveillance programs designed to discover what Americans talk about privately. But would it surprise anyone to learn that the nation’s spymasters have also tried to shape what Americans read? And not only disinformation they feed to credulous journalists—such skullduggery has been known...
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Patient CARE Act Would Impose 37 Percent Marginal Income-Tax Hike on Late Middle-Aged »

I have already written twice about three Republican Senators’ health-reform bill (here and here). Nevertheless, it continues to attract attention, and its likely most curious impact has not yet been described. The Patient CARE Act, put forward by Senators Hatch, Burr, and Coburn, would institute changes to marginal-income tax rates that would increase disincentives...
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Common Ground »

I often find myself disagreeing with Cynthia Tucker, the Progressive journalist and professor, so I was happy to read a recent column of hers, on the farm bill that just passed the House, and find that she and I share some common ground on our views toward government. She considers the bill an example...
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State of the Union 2014: More Preschool Politics? »

Pundits are predicting that President Obama will try to recycle last year’s universal, government-run preschool plan in tonight’s State of the Union address. The Los Angeles Times’ Kathleen Hennessey, for example, isn’t jazzed: Little of what the president proposes in his most high-profile speech of the year is likely to get done, at least...
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Health Benefits Cost 40 Percent More for Government Workers than for Private Workers »

I recently criticized an advocacy piece by an employers’ group, a report that promoted harmful, government-driven, solutions to price transparency in health care. This blog post will argue that private employers are not entirely ineffective. The media never fails to give good coverage to the Kaiser Family Foundation’s Annual Employer Health Benefits Survey, which...
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U.S. War on Poverty Failed While Global Poverty Declined 80%: Economic Liberalization Begets Prosperity and Equality »

50 years after LBJ declared a “War on Poverty,” the U.S. would do well to take a page from the global playbook—whereby economic liberalization and more open trade has resulted in an 80% decline in abject poverty since 1976. The graphs below, taken from the National Bureau of Economic Research Working Paper, “Parametric Estimations...
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Entitlements »

Here is a story about a recent court case in which a federal judge blocked the State of Georgia from charging $5 per month charge to low-income recipients for federally-subsidized cell phone service. One reason I find this interesting is that as recently as 1999 only 32% of Americans had cell phones, according to...
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Rationing Schooling Freedom in Collectivist Oakland »

You can’t have too much of a good thing—unless you mean freedom and you live in Oakland, apparently. Oakland Unified School District school board member Jody London says enough’s enough when it comes to parents looking out for their own kids’ education. What does she mean? Oakland has the highest concentration of charter schools...
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Obamacare Risk Adjustment: Moving the Goalposts »

As noted in a previous blog entry, the Obama administration has ways to partially immunize health insurers from losing money in Obamacare’s exchanges. A later entry proposed that early results of open enrollment for Obamacare, which began on October 1, suggest that health insurers will require a bigger bailout than originally anticipated, and the...
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