Tag: Uncategorized

More on Obamacare’s “Bailout” for Health Insurers »

We have written a lot about the so-called “risk corridors” in Obamacare. Risk corridors are one of three mechanisms whereby health insurers that lose more money than they expected in Obamacare exchanges get reimbursed for part of their losses. We covered the details of the mechanism in this post. As the administration kept changing...
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Common Core Makes Simple Math as Complicated as the Tax Code »

Those of us recovering from tax day should be more than ready to answer a simple subtraction problem: What’s 427 – 316? If you mastered elementary math sometime before the onset of Common Core national standards and after “new math” had fallen out of fashion, then you can solve this problem in about three...
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Obamacare’s Cost Is Down 8%, but That May Not Be Good News »

But so is access to doctors and hospitals in the plans offered on the health insurance exchanges. A Congressional Budget Office report estimates lower federal spending (see the figure). The reason: Health plans in the exchanges look more like Medicaid than like employer-based coverage. Jason Millman reports: The CBO report points out that it...
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Lessons from a German Homeschooling Family about the Nanny State »

The saga of a German homeschooling family represents a needed refresher course about the true origins of our fundamental rights. Uwe and Hannelore Romeike, along with their seven children, were on track to be deported from the United States. What was their high crime and misdemeanor? Drug trafficking? Gun running? Cybercrime? No—it was homeschooling....
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NSA Chief Recommends Severely Curtailing Spying. Obama Won’t. »

  A few weeks ago, Obama triumphantly announced NSA spying “reforms” that got lots of front page coverage, but amounted to: Absolutely No Change. Further, his speech carried his full endorsement of the sweeping collection and storage in bulk of private phone calls, emails, email address books, online transaction information, location data, and more,...
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The U.S. Government Makes a Mockery of the Principal-Agent Relationship »

The philosophical and legal foundation of the U.S. government (and some other governments) is that government officials are the agents of the citizens—in the familiar phrase, those who govern have the “consent of the governed.” An agent, of course, is someone I authorize to act on my behalf. For a host of reasons, this doctrine...
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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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Conscripting Four-Year Olds: California’s Latest Preschool Plan »

From House Minority Leader Nancy Pelosi to President Obama, Washington politicians are scrambling to get their hands on other people’s toddlers. But they’re not alone. Back in 2010 California Gov. Arnold Schwarzenegger signed into law the Kindergarten Readiness Act of 2010. Basically, every year since 2012-13 children must celebrate their fifth birthday sooner and...
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Retiring Teacher Seniority in California? »

California is legendary for its protection of unionized teachers. But if a new measure makes it onto the November ballot, voters would decide whether California teachers would have to bank on more than seniority to keep their jobs. Matt David of StudentsFirst submitted the measure to the Secretary of State last month, where it’s awaiting...
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Two Minimum Wage Fallacies »

According to a recent report, Democrats plan to use a drive to increase federal and state minimum wages as a 2014 election strategy. (“Democrats Turn to Minimum Wage as 2014 Strategy”, NYT 12/30/13.) Generally, a binding minimum wage law will reduce the employment of the lowest-skilled workers. However, two economic fallacies that cloud the...
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