Tag: Government subsidies

Ban Government—Not Sweets—in Schools to Combat Bureaucratic Obesity »

In recent weeks states have been grappling with a host of unintended consequences stemming from new USDA regulations affecting food and beverages available in schools. Chocolate milk was a near casualty in Connecticut. Earlier this month one Washington state school district threw in the towel and banned birthday cupcakes in classrooms. Instead of baked...
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Households Finance Only 70 Percent of Their Own Consumption, Down from 93 Percent in 1959 »

The leftish think tank Demos has published a very thorough criticism of how we measure Gross Domestic Product. Scholar Lew Daly argues that we give government too little credit for its spending, because government invests in goods and services that increase total GDP. For example, household incomes increased dramatically in the 20th century due...
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Why Hobby Lobby Is Not an Assault on Women »

The reactions from the progressive side of the fence to Burwell v. Hobby Lobby Stores, Inc. was stunning. The spin is that American women have been stripped of fundamental constitutional protections. Sandra Fluke at The Washington Post’s blog claimed that “[t]he Hobby Lobby case is an attack on women.” The White House lamented that the...
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How Valuable Is a Federal Grant? »

Sometimes, a federal grant is worthless. The federal government has the ability to attach enough costly provisions to its grants that the net value is less than zero. A recent case in my home town of Tallahassee illustrates this. The Tallahassee Democrat, May 21, page A1 (sorry, no link because a subscription is required)...
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This Memorial Day Honor Vets with Education Savings Accounts »

President Obama has vowed to fix the intolerable mismanagement of Phoenix Veterans Affairs Hospital, which resulted in dozens of deaths and reports of patients put on secret waiting lists for care. Thankfully Arizona is not waiting around to do the right thing for veterans and their families—and neither should any other state. On April...
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Obamacare’s “Bailout” of Insurers Is Still a Live, Moving Target »

The Obama administration continues to move the goalposts of the so-called “bailout” of health insurance companies that lose money in the Obamacare exchanges. Formally labelled “risk corridors,” the bailouts are a process by which the administration will take money from insurers that profit more than expected in the exchanges, and transfer that money to...
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New Video with Ron Paul: “Defining Liberty: The Future of Freedom” »

How can Americans overcome record government spending and debt, escalating healthcare costs, intrusive federal surveillance, endless wars, ongoing economic malaise, high unemployment, failing schools, and increasing abuses of civil and economic liberties? In this superb, new video from the recent, sold-out event sponsored by The Independent Institute and The Smith Center for Private Enterprise...
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Let’s Start a Tax Revolt with Our iPhones »

Tax Day is upon us and at the federal level we’re told that Washington spends $3.5 trillion a year. The annual federal deficit stands at $514 billion. The national debt has climbed to $17.6 trillion. All of these numbers are staggering, and that’s the problem. Few people can relate to such large numbers because...
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Joseph Stiglitz: The Price of Inequality »

Although Joseph Stiglitz has a reputation as one of the most prominent defenders of big government, I found much to agree with in his book, The Price of Inequality. It does appear to me that throughout the political spectrum, from left to right, there is a substantial consensus that government is the cause of...
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Obamacare’s Risk Corridor “Bailout” Just Got Bigger—Much Bigger »

Last Friday, the Obama administration quietly released 280 pages of rules that, among other things, increases Obamacare’s risk corridors (a.k.a. insurers’ bailout): We propose to implement an adjustment to the risk corridors formula..... Such an adjustment could increase a QHP issuer’s risk corridors ratio if administrative expenses are unexpectedly high or claims costs are...
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