Michael D. Tanner is a senior fellow at the Cato Institute, heading research into a variety of domestic policies with particular emphasis on health care reform, welfare policy, and Social Security. His most recent white paper, "Bad Medicine: A Guide to the Real Costs and Consequences of the New Health Care Law," provides a detailed examination of the Patient Protection and Affordable Care Act (Obamacare) and what it means to taxpayers, workers, physicians, and patients.
The NIHs budget has increased from $29 billion in 2007 to $30 billion this year.
Use of a continuing resolution did serve one useful function as far as Congress is concerned. It protected members from having to vote on contentious issues shortly before an election.
Of particular concern, the soundness of our money continues to erode. As recently as 2005, we were an unsurprising number one. Today, after years of quantitative easing, weve slipped to 38th.
Recently released surveys from Federal Reserve Banks in New York, Philadelphia and Atlanta confirmed that businesses are cutting employment and shifting workers to part-time positions because of ObamaCare.
In the face of this undeniable crisis, proposals to give future seniors more choice of Medicare plans or to allow younger workers to privately invest a portion of their Social Security taxes through personal accounts hardly look radical.
If we should know anything by now, it’s that government does a terrible job of running a health care system.
Former Polish deputy prime minister and finance minister Leszek Balcerowicz, will be honored with the Cato Institute’s biennial Milton Friedman Prize for Advancing Liberty.
I do not think conspiracy is the answer, but the real reason for this Census change is just as troubling, if not more so: incompetence.
But beyond the debate over top-line numbers, there remains something troubling about the administration’s celebration of “success,” for the Affordable Care Act will dramatically expand Americans’ dependence on government.
Perhaps all of this is one reason why so many politicians feel entitled to run our lives. They simply see themselves as following in the footsteps of their kingly progenitors, endowed with the divine right to rule.
Another Bush v. another Clinton? Maybe we should just pin on white or red roses and join the Yorkists or the Lancastrians.
Examples of the failures of government, large and small, are pretty easy to come by. Solyndra, the Iraq War, the response to Hurricane Katrina, Obamcare: Take your pick. But in terms of both wasted money and human suffering, it’s hard to find a more egregious government failure than the War on Poverty.
This year mark’s the 50th anniversary of Democrats’ declaration of a War on Poverty. Ironically, it seems as if President Obama and congressional Democrats have decided to mark the occasion by declaring a war on the poor.
As this session of the 113th Congress draws to a merciful close, much of the punditry has picked up on the refrain that this is the “most unproductive Congress in history.” Indeed, this Congress has passed just 28 bills, easily eclipsing the previous record for inactivity set by Congress in 2012.
Welfare advocates regularly urge Americans to look to the European welfare state as a model. At least in the case of the Netherlands, they might be on to something.
Democrats and the media are raising the usual outcry over Republican hard-heartedness and suggesting that the proposed Republican cuts will lead to widespread hunger and hardship. Most of the handwringing is based on myths.
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for October 22nd, 2014 | John Ransom
In Other News: Massachusetts School Board Moves to the Right of Democrats - Becomes Socialist | Michael Schaus
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for October 20th, 2014 | John Ransom
In Other News: Feds Strike Again! Ebola Strategy Suspiciously Similar to ISIS Strategy | Michael Schaus